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MIL-OSI: River Valley Community Bancorp Announces 2nd Quarter Results (Unaudited) and Stock Repurchase Plan

Source: GlobeNewswire (MIL-OSI) YUBA CITY, Calif., July 20, 2021 (GLOBE NEWSWIRE) River Valley Community Bancorp (OTC markets: RVCB) with its wholly owned subsidiary, River Valley Community Bank (collectively referred to as the “Bank”), today announced financial results for the quarter ended June 30, 2021. Consolidated financial highlights: Total assets totaled $503.3 million as of June 30, 2021, compared to $514.8 million as of June 30, 2020, and $506.8 million as of March 31, 2021. Net income for the quarter ended June 30, 2021, totaled $1.3 million or $0.53 per diluted share compared to $652,000 or $0.27 per diluted share for the quarter ended June 30, 2020, and $1.2 million or $0.51 per diluted share for the quarter ended March 31, 2021.   Net interest income totaled $3.9 million for the quarter ended June 30, 2021, compared to $3.5 million for the quarter ended June 30, 2020, and $3.8 million for the quarter ended March 31, 2021.

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