FAYETTEVILLE, Ark., Jan. 22, 2025 (GLOBE NEWSWIRE) -- White River Bancshares Company (OTCQX: WRIV), (the “Company”) the holding company for Signature Bank of Arkansas (the “Bank”), today reported net income increased to $1.83 million, or $0.75 per diluted share, in the fourth quarter of 2024, compared to $788,000, or $0.40 per diluted share, in the fourth quarter of 2023. In the preceding quarter, the Company earned $2.74 million, or $1.12 per diluted share. For the full year of 2024, net income increased to $6.93 million, or $3.03 per diluted share, compared to $2.55 million, or $1.28 per diluted share, for the year 2023. All financial results are unaudited and all per share data has been adjusted to reflect the two-for-one stock split issued September 4, 2024.

FAYETTEVILLE, Ark., Oct. 15, 2024 (GLOBE NEWSWIRE) -- White River Bancshares Company (OTCQX: WRIV), (the “Company”) the holding company for Signature Bank of Arkansas (the “Bank”), today reported net income increased substantially to $2.74 million, or $1.12 per diluted share, in the third quarter of 2024, compared to $639,000, or $0.32 per diluted share, in the third quarter of 2023. In the preceding quarter, the Company earned $1.85 million, or $0.81 per diluted share. In the first nine months of 2024, net income increased to $5.10 million, or $2.28 per diluted share, compared to $1.76 million, or $0.88 per diluted share, in the first nine months of 2023. All financial results are unaudited. All per share data has been adjusted to reflect the two-for-one stock split issued September 4, 2024.

FAYETTEVILLE, Ark., July 17, 2024 (GLOBE NEWSWIRE) -- White River Bancshares Company (OTCQX: WRIV) (the “Company”), the holding company for Signature Bank of Arkansas (the “Bank”), today announced its Board of Directors declared an annual cash dividend of $1.00 per share. The dividend will be payable on August 30, 2024, to shareholders of record at the close of business on July 31, 2024.

FAYETTEVILLE, Ark., July 12, 2024 (GLOBE NEWSWIRE) -- White River Bancshares Company (OTCQX: WRIV), (the “Company”) the holding company for Signature Bank of Arkansas (the “Bank”), today reported net income increased 137.5% to $1.85 million, or $1.61 per diluted share, in the second quarter of 2024, compared to $779,000, or $0.78 per diluted share, in the second quarter of 2023. In the preceding quarter, the Company earned $509,000, or $0.51 per diluted share. In the first six months of 2024, net income increased 110.9% to $2.36 million, or $2.21 per diluted share, compared to $1.12 million, or $1.12 per diluted share, in the first six months of 2023. All financial results are unaudited.

FAYETTEVILLE, Ark., May 01, 2024 (GLOBE NEWSWIRE) -- White River Bancshares Company (OTCQX: WRIV) (the “Company”), the holding company for Signature Bank of Arkansas (the “Bank”), today announced that it has completed a private placement of $12.46 million of the Company’s common shares to certain accredited investors. The Company issued 226,619 shares of common stock at a purchase price of $55.00 per share in connection with the private placement transaction. The Company expects to use the proceeds from the capital raise to support organic and strategic growth opportunities.