White River Bancshares Reports Record Q2 Income Fueled by Strong Loan Growth

White River Bancshares reports record Q2 income fueled by strong loan growth

White River Bancshares, parent of Signature Bank of Fayetteville, reported Q2 net income of $3.3M, up from $1.85M a year earlier.

White River Bancshares Reports Record Q2 Income Fueled by Strong Loan Growth

White River Bancshares Co. (OTCQX: WRIV) of Fayetteville, the holding company for Signature Bank of Arkansas, recently reported that second-quarter income jumped to $3.3 million from $1.85 million a year ago. Per share, earnings came to $1.34, marking the most profitable quarter in the company’s 20-year history. Gains were fueled in part by rising net interest income, which was $11.9 million in the quarter, up 31.7% from $9 million a year ago. I…