Access National Corporation (NASDAQ: ANCX), parent company for Access National Bank (Bank), reported fourth quarter 2013 net income of $3.2 million, or $0.31 per share. This represents the Corporation’s 54 th consecutive quarterly profit over its 56 quarter history. Consistent with management’s stated objective of a 40%-50% payout ratio against core earnings, the Board of Directors declared a cash dividend of $0.11 per share for holders of record as of February 6, 2014 and payable on February 25, 2014. This cash dividend is in addition to a $0.70 special cash dividend paid to shareholders in the fourth quarter of 2013. Net income for 2013 was $13.2 million or $1.27 per diluted share. Importantly, the banking segment pretax earnings increased 18% during 2013 in comparison to 2012. The mortgage segment contribution declined significantly in 2013 when compared with 2012 due to various factors including a reduction in volume and gain on sale margin. During the third quarter of 2013, management was able to align overhead with expected production which enabled the mortgage division to record income before taxes of $234 thousand for the fourth quarter of 2013 compared to a near break-even performance in the third quarter of 2013. For the year, the mortgage division’s pre-tax contribution was 24% which aligns with management’s intent, being that 70 – 80% of the Corporation’s net income is generated from the core business of the Bank. Net interest margin for 2013 decreased to 3.85% from 3.94% for 2012. On a linked quarter basis, the margin improved slightly to 3.89% for the three months ended December 31, 2013 from 3.88% reported in the prior quarter. On a consolidated basis, the Corporation reported annualized return on average assets of 1.50% and 1.55% for the three and twelve month periods ended December 31, 2013, respectively. Meanwhile, the annualized return on average equity was 13.34% and 14.00% for the three and twelve month periods ended December 31, 2013, respectively.