Two Yuba City-based banks rang up profits in this year’s second quarter.
River Valley Community Bank reported quarterly net income of $390,013, or 21 cents per share, up 40 percent from net income of $277,805, or 16 cents a share, in the year-ago period.
River Valley has branches in Yuba City and Grass Valley.
Bank of Feather River amassed net income of $191,000 in the second quarter ended June 30, a nearly 12 percent improvement over a profit of $171,000 in the same quarter of 2014. Year-to-date profits totaled $387,000.
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