Exchange Bank (Santa Rosa, CA) Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 15, 2021 at 11:00 am EST
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Exchange Bank (Santa Rosa, CA) announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net interest income was USD 25.207 million compared to USD 23.882 million a year ago. Net income was USD 9.236 million compared to USD 9.071 million a year ago. Basic earnings per share from continuing operations was USD 5.39 compared to USD 5.29 a year ago. For the full year, net interest income was USD 96.379 million compared to USD 96.910 million a year ago. Net income was USD 33.699 million compared to USD 36.501 million a year ago. Basic earnings per share from continuing operations was USD 19.66 compared to USD 21.29 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) 
