Latest Peoples Bk of Com Or (PBCO) Headlines
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Posted On: 03/10/2014 10:55:53 PM
Latest Peoples Bk of Com Or (PBCO) Headlines
People's Bank Reports 50% Increase in Fourth Quarter Earnings
Business Wire - Thu Jan 23, 11:20AM CST
People's Bank of Commerce (OTCBB
BCO) reported fourth quarter earnings for 2013 were $301,000 or $0.17 per share, compared to $199,000 or $0.16 per share for the same quarter in 2012. "Fourth quarter earnings gained one cent per share even though the Bank sold over 500,000 new shares of common stock during the 3rd and 4th quarters of 2013," said Ken Trautman, President and CEO. Net interest income for the fourth quarter of 2013 was up 17 percent, when compared to the same quarter in the prior year, due to strong loan growth.
People's Bank Reports Continued Growth and Expansion
Business Wire - Thu Oct 24, 7:18PM CDT
People's Bank of Commerce (OTCBBBCO) today reported earnings of $585,000 for the first nine months of 2013, down 13% compared to $676,000 for the same period last year. This resulted in earnings of $0.42 per share for the first nine months of 2013, compared to $0.55 per share reported the prior year. Net interest income, which comprises 72% of the Bank's revenue, was up by 14% year-to-date the result of continued strong loan growth during 2013.
People's Bank Reports Second Quarter Earnings Up 32%
Business Wire - Mon Jul 15, 7:20PM CDT
People's Bank of Commerce (OTCBBBCO) today reported earnings of $362,000 for the first six months of 2013 compared to $424,000 for the same period last year. The Bank reported earnings of $0.28 per share for the first six months of 2013, compared to $0.35 per share for the prior year. Net interest income was up 15% year-to-date over the prior year. "The Bank has experienced strong loan and deposit growth for the past 10 quarters and the continued growth in net interest income has followed," said Ken Trautman, President and CEO of People's Bank.
People's Bank of Commerce Announces New Capital Offering
Business Wire - Fri Jun 07, 5:28PM CDT
People's Bank of Commerce (OTCBB: PBCO), headquartered in Medford, Oregon, is offering for sale up to 500,000 shares of its common stock to existing shareholders, employees and the public at $10.00 per share. The Offering will commence June 10, and expire on August 31, 2013, unless we terminate it earlier or extend it.
People's Bank Reports Strong Asset Growth
Business Wire - Tue Apr 23, 7:22PM CDT
People's Bank of Commerce (OTCBB: PBCO) reported today that its earnings for the first quarter of 2013 were $103,000, compared to $227,000 during the first quarter of 2012. The Bank reported earnings of $0.08 per share for the three months ending March 31, 2013, compared to $0.19 per share in 2012. People's Bank had a 14 percent increase in net interest income in the first quarter of 2013, when compared to the same period last year. Non-interest income was down 13 percent from the prior year during the first quarter of 2013, primarily due to a reduction in mortgage loan income.
People's Bank Declares 5% Stock Dividend
Business Wire - Thu Feb 28, 6:00PM CST
The board of directors of People's Bank of Commerce (OTCBBBCO) announced that it has declared a five percent stock dividend. The five percent stock dividend will be paid on or about April 15, 2013 to shareholders of record March 15, 2013.
People's Bank Reports 66% Increase in Earnings in 2012
Business Wire - Tue Jan 22, 5:21PM CST
People's Bank of Commerce (OTCBB: PBCO) reported earnings for the year ended December 31, 2012, of $875,000 or $0.74 per share, compared to earnings of $528,000 or $0.45 per share during 2011. Net interest income for the year of $5.5 million was up 14 percent from $4.8 million in 2011. At December 31, 2012, the bank reported a 20 percent increase in portfolio loans to $112.1 million, a 14 percent increase in total assets to $144.5 million, and a 14 percent increase in deposits to $125.7 million, when compared to the prior year.
People's Bank Reports 50% Increase in Fourth Quarter Earnings
Business Wire - Thu Jan 23, 11:20AM CST
People's Bank of Commerce (OTCBB
BCO) reported fourth quarter earnings for 2013 were $301,000 or $0.17 per share, compared to $199,000 or $0.16 per share for the same quarter in 2012. "Fourth quarter earnings gained one cent per share even though the Bank sold over 500,000 new shares of common stock during the 3rd and 4th quarters of 2013," said Ken Trautman, President and CEO. Net interest income for the fourth quarter of 2013 was up 17 percent, when compared to the same quarter in the prior year, due to strong loan growth. People's Bank Reports Continued Growth and Expansion
Business Wire - Thu Oct 24, 7:18PM CDT
People's Bank of Commerce (OTCBB
BCO) today reported earnings of $585,000 for the first nine months of 2013, down 13% compared to $676,000 for the same period last year. This resulted in earnings of $0.42 per share for the first nine months of 2013, compared to $0.55 per share reported the prior year. Net interest income, which comprises 72% of the Bank's revenue, was up by 14% year-to-date the result of continued strong loan growth during 2013. People's Bank Reports Second Quarter Earnings Up 32%
Business Wire - Mon Jul 15, 7:20PM CDT
People's Bank of Commerce (OTCBB
BCO) today reported earnings of $362,000 for the first six months of 2013 compared to $424,000 for the same period last year. The Bank reported earnings of $0.28 per share for the first six months of 2013, compared to $0.35 per share for the prior year. Net interest income was up 15% year-to-date over the prior year. "The Bank has experienced strong loan and deposit growth for the past 10 quarters and the continued growth in net interest income has followed," said Ken Trautman, President and CEO of People's Bank. People's Bank of Commerce Announces New Capital Offering
Business Wire - Fri Jun 07, 5:28PM CDT
People's Bank of Commerce (OTCBB: PBCO), headquartered in Medford, Oregon, is offering for sale up to 500,000 shares of its common stock to existing shareholders, employees and the public at $10.00 per share. The Offering will commence June 10, and expire on August 31, 2013, unless we terminate it earlier or extend it.
People's Bank Reports Strong Asset Growth
Business Wire - Tue Apr 23, 7:22PM CDT
People's Bank of Commerce (OTCBB: PBCO) reported today that its earnings for the first quarter of 2013 were $103,000, compared to $227,000 during the first quarter of 2012. The Bank reported earnings of $0.08 per share for the three months ending March 31, 2013, compared to $0.19 per share in 2012. People's Bank had a 14 percent increase in net interest income in the first quarter of 2013, when compared to the same period last year. Non-interest income was down 13 percent from the prior year during the first quarter of 2013, primarily due to a reduction in mortgage loan income.
People's Bank Declares 5% Stock Dividend
Business Wire - Thu Feb 28, 6:00PM CST
The board of directors of People's Bank of Commerce (OTCBB
BCO) announced that it has declared a five percent stock dividend. The five percent stock dividend will be paid on or about April 15, 2013 to shareholders of record March 15, 2013. People's Bank Reports 66% Increase in Earnings in 2012
Business Wire - Tue Jan 22, 5:21PM CST
People's Bank of Commerce (OTCBB: PBCO) reported earnings for the year ended December 31, 2012, of $875,000 or $0.74 per share, compared to earnings of $528,000 or $0.45 per share during 2011. Net interest income for the year of $5.5 million was up 14 percent from $4.8 million in 2011. At December 31, 2012, the bank reported a 20 percent increase in portfolio loans to $112.1 million, a 14 percent increase in total assets to $144.5 million, and a 14 percent increase in deposits to $125.7 million, when compared to the prior year.
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