- American Riviera Bank press release ( OTCQX:ARBV ): Q4 GAAP EPS of $0.70.
- Revenue of $13.96M (+32.7% Y/Y).
- Return on average assets for the fourth quarter ended December 31, 2022, was 1.14%, an increase from 1.08% in the previous quarter and 0.84% in the same quarter last year.
- Net interest margin increased to 3.94% for the fourth quarter of 2022, compared to 3.69% for the prior quarter and 3.12% for the same quarter in the prior year.
- Provision for loan losses for the fourth quarter of 2022 was $0.1 million, the same as in the previous quarter.
- Allowance for loan losses was 1.17% of total loans at December 31, 2022, compared with 1.18% at September 30, 2022 and December 31, 2021.
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American Riviera Bank GAAP EPS of $0.70, revenue of $13.96M