| American Riviera Bank (OTC BB: ARBV.OB) announced unaudited net income of $3,404,000 ($1.35 per share) for the year ended December 31, 2011; compared to $1,024,000 ($0.41 per share) for the year ended December 31, 2010. The 2011 net income includes recognition of $2,481,000 in federal and state tax benefits made possible by reversal of a valuation allowance on deferred tax assets. American Riviera Bank focuses on providing relationship banking services delivered through knowledgeable bankers and i...continued ARBV loans Banking mortgages |
Wednesday, January 25, 2012
American Riviera Bank Reports Earnings for the Year Ended December 31, 2011
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