White River Bancshares Company reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2019. For the quarter, the company reported total interest income of $8,298,709 against $7,320,034 a year ago. Net interest income was $6,140,734 against $5,693,450 a year ago. Net income was $1,132,371 against $928,204 a year ago. Basic earnings per common share was $1.17 against of $0.95 a year ago.

For the year, the company reported net income increased 12.5% to a record $5.1 million, or $5.28 per diluted share, compared to $4.6 million, or $4.74 per diluted share, in 2018.

Net loan charge-offs were $826,800 in the fourth quarter of 2019, compared to net loan recoveries of $13,700 in the third quarter of 2019 and net loan recoveries of $408,900 in the fourth quarter a year ago.