Mission Valley Bancorp Reports Solid Third Quarter 2024 Results, Core Earnings Remain Strong

Mission Valley Bancorp announced its third-quarter 2024 results, showcasing a net income of $1.4 million, demonstrating the resilience of its core earnings despite a decrease in non-interest income compared to the previous year. The company attributed the decline to the absence of a grant income received in 2023. The bank also reported an increase in assets, loans, and deposits, highlighting its continued growth trajectory.

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