Northern California National Bank reported earnings results for the first quarter ended March 31, 2016. The company reported pretax net income of $445,000 and after tax net income of $279,000 for the three months ending March 31, 2016. This is a 34% increase in pretax net income from the $333,000 earned in the first three months of 2015 and 33% increase in after tax net income which was $210,000 for the same period in 2015.

The after tax net income available to common shareholders for the quarter ended March 31, 2016 was $0.20 per basic share compared to $0.15 per basic share for the quarter ended March 31, 2015. The book value per common share was $12.76 at March 31, 2016 compared to $12.05 at March 31, 2015.