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Northern California National Bank Announces 2020 Fiscal Year End Results
Northern California National BankJanuary 21, 2021 GMT
CHICO, Calif., Jan. 21, 2021 (GLOBE NEWSWIRE) Northern California National Bank (OTC markets: NCNB) reported net income of $3,231,000 for the fiscal year ended December 31, 2020 compared to $2,900,000 earned in the fiscal year 2019. This is an 11% increase in net income compared to the fiscal year ended December 31, 2019.
Financial Highlights for the fiscal year end December 31, 2020
Total assets were $310.0 million at December 31, 2020, a 13% increase from the December 31, 2019 balance of $274.9 million.
Gross Loans totaled $145.0 million, up 28% from $113.0 million a year ago.
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