White River Bancshares Co. Earns $639,000, or $0.64 Per Diluted Share, in Third Quarter 2023; Highlighted by Double Digit Loan and Deposit Growth Year-Over-year
FAYETTEVILLE, Ark., Oct. 16, 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 $639,000, or $0.64 per diluted share, in the third quarter of 2023, compared to $1.33 million, or $1.34 per diluted share, in the third quarter of 2022. In the preceding quarter, the Company earned $779,000, or $0.78 per diluted share. In the first nine months of 2023, net income was $1.76 million, or $1.76 per diluted share, compared to $4.19 million, or $4.22 per diluted share, in the first nine months of 2022. All financial results are unaudited.
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