Sunday, May 11, 2014

Tri-Valley Bank Reports Q2 2013 Earnings (OTCMKTS:TRVB)

trvb

Tri-Valley Bank (TRVB)

Today, TRVB remains (0.00%) +0.000 at $.390 thus far (ref. google finance Delayed: 1:44PM EDT August 14, 2013).

Tri-Valley Bank previously reported unaudited earnings for the second quarter ended June 30, 2013. Financial performance highlights include the following:

Asset Growth: Total assets at June 30, 2013 were $96 million, a $3 million decrease from $99 million at the end of the first quarter 2013 and a decrease of $7 million from the $103 million in total assets at June 30, 2012. The June 2012 total assets included a $20 million one time temporary deposit which was withdrawn over several months. The decline in total assets between the first and second quarter of 2013 were the result of a reduction in high cost bulletin board certified deposits. The Banks cost of funds at June 30, 2013 was 0.35% down from 0.38% at March 31, 2013 and down from 0.54% at June 30, 2012.

Tri-Valley Bank (TRVB) 5 day chart:

trvbchart

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