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View Full 4Q 2021 Earnings Release.pdf

4Q2021-Financial-Results.pdf
Preview of View Full 4Q 2021 Earnings Release
🔗 Source: pacificvalleybank.com
📊 Size: 410 KB
📄 Pages: 4 pages
⬇️ Downloads: 31

Summary

Pacific Valley Bank announced its unaudited earnings results for the fourth quarter 2021, with net income of $3.77 million, a 16% increase from 2020. Earnings per share were $0.94, compared to $0.81 in 2020. Total assets increased by $34.4 million to $499.2 million, with core loan growth of $60.9 million or 22.7%. The bank's net interest income was $15.9 million, and its net interest margin was 3.70%. Non-performing assets remain minimal, and the bank is considered well-capitalized, with a community bank leverage ratio of 9.21%.

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Description

Pacific Valley Bank announced its unaudited earnings results for the fourth quarter 2021, with net income of $3.77 million, a 16% increase from 2020.

Technical Information

  • File Format: PDF
  • File Size: 410 KB
  • Pages: 4
  • Language: EN
  • Total Downloads: 31
  • Last Updated: 6 hours ago

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