RBB Bancorp reported a net income of $12.1 million, or $0.64 diluted earnings per share, for the quarter ended December 31, 2023. The results included a $5.0 million Community Development Financial Institution (CDFI) Equitable Recovery Program (ERP) award on a pre-tax basis. Net interest income was $25.7 million for the fourth quarter of 2023, and total assets were $4.03 billion as of December 31, 2023.
Net income was reported at $12.1 million, or $0.64 diluted earnings per share, for Q4 2023.
Net interest income totaled $25.7 million for the fourth quarter of 2023.
A $5.0 million CDFI ERP award was included in the fourth quarter results on a pre-tax basis.
Total assets reached $4.03 billion as of December 31, 2023.
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