White River Bancshares Co. Earns $779,000, or $0.78 Per Diluted Share, in Second Quarter 2023; Results Highlighted by Strong Loan and Deposit Growth
FAYETTEVILLE, Ark., July 17, 2023 (GLOBE NEWSWIRE) — White River Bancshares Company (OTCQX: WRIV), (the “Company”) the holding company for Signature Bank of Arkansas (the “Bank”), today reported net income of $779,000, or $0.78 per diluted share, in the second quarter of 2023, compared to $1.79 million, or $1.79 per diluted share, in the second quarter of 2022. In the immediate prior quarter, the Company earned $340,000, or $0.34 per diluted share. In the first six months of 2023, net income was $1.12 million, or $1.12 per diluted share, compared to $2.86 million, or $2.88 per diluted share, in the first six months of 2022. All financial results are unaudited.
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