Exchange Bank Reports Earnings Increased in 2024

Santa Rosa’s Exchange Bank reported net income up but net interest income down in the last quarter of 2024.

Exchange Bank (OTC: EXSR) reported Friday fourth-quarter and annual increases in earnings.

Net income for the quarter ending Dec. 31, 2024 was up 30% year over year, at $8.8 million, while the total for 2024 came in over 18% higher from 2023, at $23.85 million.