2023-07-20 09:06:13 ET
- River City Bank press release ( OTCPK:RCBC ): Q2 GAAP EPS of $9.65.
- The provision for credit losses on loans for the current quarter of $6.5 million was significantly higher than the $1.3 million for the prior-year quarter.
- During the prior-year quarter, the Bank had recognized a $3.9 million loss on the sale of $34 million of available-for-sale corporate bonds.
- The Bank recognized $5.3 million in mark-to-market gains on interest rate swaps for the current quarter compared to none in the prior-year quarter.
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River City Bank GAAP EPS of $9.65