River Valley Community Bank announced earnings results for the fourth quarter and full year of fiscal 2014. For the quarter, the bank announced that it earned $329,380 after tax or $0.19 basic earnings per share compared to $267,398 or $0.15 per share earned in the fourth quarter of 2013. Net interest income was $1,275,456 up 15% from the same period in 2013. The bank's ROA and ROE were 0.63% and 6.30% respectively.

For the full year, the bank announced that it earned $1,110,539 or $0.64 basic earnings per share compared to $1,246,480 or $0.72 per basic earnings per share in 2013. The change in earnings was due primarily to the bank's investment in its new Grass Valley Branch which opened in the third quarter of 2013 and continues to progress towards achieving its ongoing profitability. At the end of the period book value per share was $11.91 increased from $11.40 at year end 2013. Net interest income increased 7% to $4,758,182 in 2014 from 2013. The increase in net interest income was driven primarily by the loan growth achieved in 2014. Return on average assets (ROA) and return on shareholder equity (ROE) were 0.60% and 5.48% respectively.