White River Bancshares Co. Earns $340,000, or $0.34 Per Diluted Share, in First Quarter 2023; Total Assets Surpass $1.0 Billion

FAYETTEVILLE, Ark., April 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 $340,000, or $0.34 per dilute share, in the first quarter of 2023, compared to $1.07 million, or $1.08 per diluted share, in the first quarter of 2022. In the immediate prior quarter, the Company earned $1.42 million, or $1.42 per diluted share. All financial results are unaudited.

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