Exchange Bank Santa Rosa, Ca Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 30, 2020 at 10:30 pm IST
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Exchange Bank Santa Rosa, CA announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net interest income was USD 23.879 million compared to USD 24.085 million a year ago. Net income was USD 9.071 million compared to USD 9.006 million a year ago. Basic earnings per share was USD 5.29 compared to USD 5.25 a year ago.
For the full year, net interest income was USD 96.910 million compared to USD 93.329 million a year ago. Net income was USD 36.501 million compared to USD 38.511 million a year ago. Basic earnings per share was USD 21.29 compared to USD 22.46 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.