TCF Financial reported net income of $35.1 million for Q4/13, compared with net income of $23.6 million for Q4/12, and net income of $37.9 million for Q3/13.

TCF reported net income of $132.6 million for the year ended December 31, 2013, compared with a net loss of $218.5 million for the same period in 2012 (inclusive of a net after-tax charge of $295.8 million, related to a balance sheet repositioning involving certain investments and borrowings in the first quarter of 2012).

TCF noted that its leasing and equipment finance revenue was $23.6 million in Q4/13, down from $29 million in Q3/13 and $26.1 million in Q4/12. Year-to-date revenue of $92.0 million was down from $92.7 million for the same period in 2012.

“TCF’s focus in 2013 was to execute on the numerous investments we made in 2012,” said William A. Cooper, chairman and chief executive officer. “Loan and lease growth and strong origination volume and diversity continue to be a positive part of the TCF story while significant changes made to the branch system will pave the way for future customer experience enhancements in 2014.”

To read the full news release click here.