Central Valley Community Bancorp Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2018
January 23, 2019 at 09:00 pm
Central Valley Community Bancorp reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2018. For the quarter, the company reported net interest income of $15,973,000 against $15,567,000 a year ago. Net income was $5,281,000 against $335,000 a year ago. Basic and diluted earnings per common share were $0.38 against $0.02 a year ago.
For the year, the company reported total interest income of $64,187,000 against $57,376,000 a year ago. Net income was $21,289,000 against $14,026,000 a year ago. Basic earnings per common share were $1.55 against $1.12 a year ago. Diluted earnings per common share were $1.54 against $1.10 a year ago.