River Valley Bancorp (RIVR) Reports Q3 EPS of $0.51

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River Valley Bancorp Announces Earnings for the Quarter Ended September 30, 2015

October 20, 2015 4:30 PM EDT

MADISON, Ind.--(BUSINESS WIRE)-- River Valley Bancorp (NASDAQ Capital Market, Symbol RIVR), an Indiana corporation (the Corporation) and holding company for River Valley Financial Bank, based in Madison, Indiana announced today earnings for the third quarter ended September 30, 2015.

Net income for the quarter ended September 30, 2014 was $1.29 million, or $0.51 per share. Net income for the like period in 2014 was $1.12 million, or $0.42 per share. The return on average assets for the three-month period ended September 30, 2015 was 0.99% and the return on average equity was 9.22%. Those respective ratios were 0.88% and 7.90% for the like period in 2014.

Financial highlights for the third quarter... More