Posted On: 04/12/2015 10:49:59 AM
Post# of 273351
Peoples Bk of Com Or (PBCO) 9.2600 $PBCO
People's Bank Reports 18% Increase in 2014 Earnings
Business Wire - Wed Jan 21, 5:09PM CST
People's Bank of Commerce (OTCBB
BCO) reported earnings for the year ended December 31, 2014, were $1,196,000 or $0.63 per share, compared to earnings of $1,012,000 or $0.65 per share during 2013. "Earnings in 2013 were buoyed by a onetime, Other Real Estate Owned (ORE), accounting methodology change that increased earnings by $126,000 or 0.08 cents per share. Prior to the adjustment, shareholders earned 0.57 per share during 2013. It is important to recall that the average number of outstanding shares increased by 23% in 2014 versus 2013. This increase was the result of a successful capital offering to accommodate growth," said Ken Trautman, President and CEO.
People's Bank of Commerce Shows Strong Growth Leading to 49% Increase in Earnings
Business Wire - Tue Oct 21, 6:21PM CDT
People's Bank of Commerce (OTCBB: PBCO) today reported earnings of $874,000 for the first nine months of 2014, up 49% compared to $585,000 for the same period last year. This resulted in earnings of $0.46 per share for the first nine months of 2014, compared to $0.41 per share reported the prior year. Net interest income was up by 16% year-to-date, the result of strong loan growth during 2014. Portfolio loan and deposit growth in the past 12 months continues in excess of 14% and 25%, respectively.
Roy Vinyard and Lindsay Berryman Join People's Bank Board
Business Wire - Tue Jul 29, 5:41PM CDT
Mike Sickels, chairman of the Board for People's Bank of Commerce (OTCBBBCO), is pleased to announce the appointment of Roy Vinyard and Lindsay Berryman to its board of directors.
People's Bank Reports 40% Increase in Earnings
Business Wire - Tue Jul 15, 6:00PM CDT
People's Bank of Commerce (OTCBBBCO) today reported earnings of $507,000 for the first six months of 2014, compared to $362,000 for the same period last year. The Bank reported earnings of $0.27 per share for the first six months of 2014, compared to $0.28 per share for the prior year. Net interest income was up 14% year-to-date over the prior year. "The Bank continues to experience strong loan and deposit growth, with loans up 17% and deposits up 25%, compared to prior year," said Ken Trautman, President and CEO of People's Bank. "These significant increases are working their way down to the bottom line," said Trautman.
People's Bank Reports 18% Increase in 2014 Earnings
Business Wire - Wed Jan 21, 5:09PM CST
People's Bank of Commerce (OTCBB
BCO) reported earnings for the year ended December 31, 2014, were $1,196,000 or $0.63 per share, compared to earnings of $1,012,000 or $0.65 per share during 2013. "Earnings in 2013 were buoyed by a onetime, Other Real Estate Owned (ORE), accounting methodology change that increased earnings by $126,000 or 0.08 cents per share. Prior to the adjustment, shareholders earned 0.57 per share during 2013. It is important to recall that the average number of outstanding shares increased by 23% in 2014 versus 2013. This increase was the result of a successful capital offering to accommodate growth," said Ken Trautman, President and CEO. People's Bank of Commerce Shows Strong Growth Leading to 49% Increase in Earnings
Business Wire - Tue Oct 21, 6:21PM CDT
People's Bank of Commerce (OTCBB: PBCO) today reported earnings of $874,000 for the first nine months of 2014, up 49% compared to $585,000 for the same period last year. This resulted in earnings of $0.46 per share for the first nine months of 2014, compared to $0.41 per share reported the prior year. Net interest income was up by 16% year-to-date, the result of strong loan growth during 2014. Portfolio loan and deposit growth in the past 12 months continues in excess of 14% and 25%, respectively.
Roy Vinyard and Lindsay Berryman Join People's Bank Board
Business Wire - Tue Jul 29, 5:41PM CDT
Mike Sickels, chairman of the Board for People's Bank of Commerce (OTCBB
BCO), is pleased to announce the appointment of Roy Vinyard and Lindsay Berryman to its board of directors. People's Bank Reports 40% Increase in Earnings
Business Wire - Tue Jul 15, 6:00PM CDT
People's Bank of Commerce (OTCBB
BCO) today reported earnings of $507,000 for the first six months of 2014, compared to $362,000 for the same period last year. The Bank reported earnings of $0.27 per share for the first six months of 2014, compared to $0.28 per share for the prior year. Net interest income was up 14% year-to-date over the prior year. "The Bank continues to experience strong loan and deposit growth, with loans up 17% and deposits up 25%, compared to prior year," said Ken Trautman, President and CEO of People's Bank. "These significant increases are working their way down to the bottom line," said Trautman. 
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