Mission Valley Bancorp Reports Second Quarter 2023 Results

July 31, 2023

SUN VALLEY, Calif., July 31, 2023 /PRNewswire/ — Mission Valley Bancorp (OTCQX: MVLY, “Mission Valley”, or the “Company”) announced today net income of $1.3 million for the second quarter of 2023, or $0.38 per diluted share, compared to net income of $0.7 million, or $0.20 per diluted share, for the second quarter of 2022. Net income for the six months ended June 30, 2023 was $3.0 million, or $0.89 per diluted share, compared to $1.9 million, or $0.59 per diluted share for the six months ended June 30, 2022.

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