Two River Bancorp reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, net interest income was $7,287,000 against $6,835,000 a year ago. Increase was largely due to an increase of $69.1 million, or 9.6%, in average interest earning assets, primarily resulting from growth in the Company's loan portfolio. Income before income taxes was $2,672,000 against $2,322,000 a year ago. Net income was $1,751,000 or $0.21 per diluted share against $1,459,000 or $0.18 per diluted share a year ago. The increase was due primarily to higher net interest income and non-interest income, partially offset by higher non-interest expense. Book value per share was $11.73 against $11.08 a year ago. Return on average assets was 0.81% compared to 0.74% for the fourth quarter of 2014. Return on average equity was 7.14% compared to 5.91% for the fourth quarter of 2014.

For the year, net interest income was $28,240,000 against $26,934,000 a year ago. Income before income taxes was $9,932,000 against $9,578,000 a year ago. Net income was $6,347,000 or $0.78 per diluted share against $6,017,000 or $0.73 per diluted share a year ago. Book value per share was $11.73 against $11.08 a year ago.