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As of 8:10 PM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

valley republic bank/bakers (VLLX) Key Developments

Valley Republic Bank Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Valley Republic Bank announced unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net interest income of $2,739,000 against $2,138,000 a year ago. Net income before taxes was $972,000 against $760,000 a year ago. Net income was $644,000 against $485,000 a year ago. Basic earnings per share for the second quarter of 2014 were $0.18 per share, compared to $0.14 per share reported in the second quarter of 2013. For the six months, the company reported net interest income of $5,351,000 against $4,249,000 a year ago. Net income before taxes was $1,877,000 against $1,307,000 a year ago. Net income was $1,241,000 against $1,032,000 a year ago. Basic earnings per share as of June 30, 2014 were $0.36 versus $0.30 at June 30, 2013.

 

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