River Valley Bancorp, the holding company for River Valley Financial Bank, announced earnings for the period ended June 30, 2013.

Net income for the quarter was $1.19 million. Net income for the like period in 2012 was $692,000.

The quarterly results reflect higher interest margins, augmented by adjustments from the 2012 acquisition of Dupont State Bank.

The results also include modestly higher increases in non-interest income, which was only partially offset by higher non-interest expense from the combined operation, and higher provision for income tax expense. Specifically, the organization realized approximately a $177,000 increase from accretive adjustments on the carrying value of assets acquired through the acquisition.

Noninterest expense was $309,000 higher in the second quarter 2013, as compared to the second quarter 2012, due to higher salaries and employee benefits, branch-related expenses from three additional locations.

Assets totaled $475.7 million as of June 30, 2013, an increase of approximately $67.3 million from the $408.4 million reported as of June 30, 2012. Net loans, including loans held for sale, were $294.7 million as of June 30, 2013, an increase of $41.4 million from the balance reported as of June 30, 2012 of $253.3 million. As of June 30, 2013, deposits totaled $388.6 million, an increase of $83.1 million from June 30, 2012.