Exchange Bank (Santa Rosa, CA) Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 28, 2022 at 01:20 pm EDT
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Exchange Bank (Santa Rosa, CA) reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net interest income was USD 24.54 million compared to USD 23.24 million a year ago. Net income was USD 9.52 million compared to USD 8.22 million a year ago. Basic earnings per share from continuing operations was USD 5.55 compared to USD 4.79 a year ago.
For the six months, net interest income was USD 46.92 million compared to USD 46.51 million a year ago. Net income was USD 17.78 million compared to USD 16.71 million a year ago. Basic earnings per share from continuing operations was USD 10.37 compared to USD 9.75 a year ago.
Exchange Bank (the Bank) is a full-service community bank. The Bank provides a range of personal, commercial and trust and investment management services with over 16 retail branches in Sonoma County, a commercial branch in Roseville and Trust & Investment Management offices in Santa Rosa, Roseville and Silicon Valley. The Bank's personal banking products and services include checking, savings, personal loans, home loans and credit cards. The Bank's business banking products and services include checking, savings, loans, credit cards and merchant services. Its services include trust administration, investment management, retirement accounts and estate settlement.
EXCHANGE BANK (SANTA ROSA, CA) 
