Yuba City-based River Valley Community Bank reported a profit of nearly $1.25 million, or 72 cents a share, in 2013.
That was down from $1.45 million, or 85 cents a share, in the year-ago period, but the bank did notch its 26th consecutive profitable quarter to close out 2013.
Total assets at the end of 2013 were $166,386,665, up 10 percent from the previous year. The bank also reported a 15 percent year-over-year increase in loans. to $63.3 million.
River Valley, started in 2006, also has a branch office in Grass Valley.
Call The Bee’s Mark Glover, (916) 321-1184.