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 proce
FAYETTEVILLE, Ark., April 19, 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 of $509,000, or $0.51 per diluted share, in the first quarter of 2024, compared to $340,000, or $0.34 per diluted share, in the first quarter of 2023. In the preceding quarter, the Company earned $788,000, or $0.79 per diluted share. All financial results are unaudited. “I’m very proud of th
FAYETTEVILLE, Ark., Jan. 18, 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 of $788,000, or $0.79 per diluted share, in the fourth quarter of 2023, compared to $1.42 million, or $1.42 per diluted share, in the fourth quarter of 2022. In the preceding quarter, the Company earned $639,000, or $0.64 per diluted share. All financial results are unaudited. “Our results fo