American River Bankshares, parent of Rancho Cordova's American River Bank, today reported net income of $3.2 million, or 34 cents a share, for all of 2012.
That was an improvement over a profit of $2.5 million, or 25 cents a share, in 2011.
In last year's fourth quarter, ARB's net income was $870,000, or 9 cents a share, down from $1 million, or 10 cents a share, in the year-ago period.
The bank cited a reduction in the provision for loan and lease losses as a primary factor driving profits.
"We were also able to reduce nonperforming assets by 18 percent as well as increase core deposits by 5 percent," said David Taber, ARB president and CEO.
The banking company also oversees branches in Sonoma and Amador counties.
Read more about banks serving the region Friday in The Sacramento Bee and at Sacbee.com.
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