Yuba City-based River Valley Community Bank closed out 2012 with record annual net income and its 22nd consecutive profitable quarter.
The bank reported a 2012 profit of $1.45 million, or 85 cents per share, compared with $1.25 million, or 73 cents a share, in 2011.
Fourth-quarter net income totaled $361,611, up from $307,827 in the last quarter of 2011.
The bank, which opened in June 2006, reported total assets of about $152 million.
"The fact that we were able to deliver the loan growth in difficult economic times while maintaining credit quality at very high standards was particularly pleasing," said John Jelavich, president and CEO.