Exchange Bank (Santa Rosa, CA) Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 03, 2022 at 04:17 pm EDT
Share
Exchange Bank (Santa Rosa, CA) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net interest income was USD 25.99 million compared to USD 23.99 million a year ago. Net income was USD 10.07 million compared to USD 9.85 million a year ago. Basic earnings per share from continuing operations was USD 5.87 compared to USD 5.74 a year ago.
For the nine months, net interest income was USD 72.91 million compared to USD 70.5 million a year ago. Net income was USD 27.84 million compared to USD 26.56 million a year ago. Basic earnings per share from continuing operations was USD 16.24 compared to USD 15.49 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) 
