River Valley Community Bancorp reported unaudited consolidated earnings results for the three months and twelve ended December 31, 2017. For the three months, the company reported net interest income of $2,145,000 against $2,058,000 a year ago. Net income was $512,000 against $648,000 a year ago. Earnings per share basic and diluted were $0.21 against $0.28 per share a year ago. Return on average assets was 0.60% against 0.86% a year ago. Return on average equity was 7.13% against 10.05% a year ago. Book value per common share was $11.74 against $10.60 per share a year ago. For the twelve months, the company reported net income for the year ended December 31, 2017 reached a record level of $2.6 million or $1.05 per diluted share, compared to $2.0 million or $0.83 per diluted share for the year ended December 31, 2016.  This increase occurred despite a special one-time charge to reduce the carrying value of the Bank’s deferred tax assets as of December 31, 2017 and increase Federal income taxes in 2017 resulting from the Tax Cuts and Jobs Act.