River Valley Community Bank Announces Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2015
For the full year ended December 31, 2015, the Bank had record earnings of $1,729,848 or $0.76 basic earnings per share compared to $1,110,539 or $0.51 per basic earnings per share in 2014. The Bank's book value per share of $9.95 increased from $9.53 per share at year-end 2014. For the year ended December 31, 2015, the return on average assets (ROA) and return on average shareholder equity (ROE) were 0.77% and 7.74% respectively compared to 0.60% and 5.48% for the full year 2014.