Santa Cruz County Bank reported unaudited earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported interest income of $5,117,338 compared to $4,546,180 a year ago. Net interest income was $5,000,743 compared to $4,438,918 a year ago. Net income before taxes was $2,314,282 compared to $2,114,054 a year ago. Net income after taxes was $1,453,432 or $0.68 per diluted share compared to $1,275,667 or $0.60 per diluted share a year ago. Return on average assets was 1.09% compared to 1.09% a year ago. Return on average shareholders' equity was 13.29% compared to 13.31% a year ago.

For the year, the company reported interest income of $19,929,666 compared to $17,670,588 a year ago. Net interest income was $19,471,701 compared to $17,254,292 a year ago. Net income before taxes was $8,890,763 compared to $7,154,674 a year ago. Net income after taxes was $5,433,780 or $2.53 per diluted share compared to $4,371,187 or $2.05 per diluted share a year ago. Book value per share was $20.47 compared to $18.04 a year ago.