Latest Presidio Bank (PDOB) Headlines
Presidio Bank Reports 89% Increase in Net Income for 2013
Business Wire - Tue Jan 28, 10:42AM CST
Presidio Bank (OTCBB: PDOB), a Bay Area business bank, today reported unaudited results for the fourth quarter and year ended December 31, 2013 with net income for the year of $2.4 million, an 89 % increase over the $1.3 million achieved in 2012. For the fourth quarter, net income totaled $739 thousand, up $11 thousand from the third quarter 2013 and up $735 thousand over the fourth quarter of 2012. The Bank also ended the year with record high levels of loans, deposits and total assets.
Presidio Bank Announces San Mateo Expansion Plans
Business Wire - Tue Jan 21, 4:00PM CST
Presidio Bank (OTCBB: PDOB), a Bay Area business bank, today announced that it will be expanding to San Mateo with a new office that it plans to open in the second half of 2014.
Presidio Bank Announces Partial Repurchase of Perpetual Preferred Stock
Business Wire - Mon Dec 02, 8:51PM CST
Presidio Bank (OTCBB: PDOB), a Bay Area business bank, announced today that it had repurchased 4,256 shares of its Series A Perpetual Preferred Stock from a private investment fund. The purchase price for the $1,000 par value shares was $957.50 per share resulting in an aggregate purchase price of $4,075,120.
Presidio Bank reports 60% higher net income for Q3 2013 over Q3 of fiscal 2012
M2 - Fri Oct 18, 3:20AM CDT
Presidio Bank (OTCBB
DOB), a business bank, on Thursday reported a net income of USD728,000 or USD0.14 diluted earnings per share for the quarter ended 30 September 201,3, an increase of 59.7% from the net income of USD456,000 or USD0.08 diluted earnings per share in the same quarter of 2012.
Presidio Bank Reports 37% Increase in Net Income for the Third Quarter
Business Wire - Thu Oct 17, 3:14PM CDT
Presidio Bank (OTCBB: PDOB), a Bay Area business bank, today reported unaudited results for the quarter ended September 30, 2013 with net income of $728 thousand, up 37% from the quarter ended June 30, 2013 and up 60% from the quarter ended September 30, 2012. This represents the highest quarterly net income achieved by the Bank.
The Wealth Creation Clinic Studies Presidio Bank's Impact on the San Francisco Bay Area Community
Business Wire - Wed Sep 18, 8:50PM CDT
The Wealth Creation Clinic at MIT's Department of Urban Studies and Planning (DUSP) released a comprehensive study titled "Enhancing the Local Impact of Community Banks", utilizing a San Francisco Bay Area business bank, Presidio Bank, as a model. Conducted by the Wealth Creation Clinic, which is sponsored by the Ford Foundation, the study traces the ways in which local community banks can have positive economic impact in their local communities.
Presidio Bank Reports Strong Growth for the Second Quarter 2013
Business Wire - Thu Jul 18, 8:00AM CDT
Presidio Bank (OTCBB: PDOB), a Bay Area business bank, today reported unaudited results for the quarter ended June 30, 2013 with pre-tax profit of $900 thousand, up 21% from the quarter ended March 31, 2013 and up 14% from the quarter ended June 30, 2012. This represents the highest quarterly pre-tax profit achieved by the Bank. Deposits and loans grew to record levels during the quarter as well.
Presidio Bank Hires East Bay Market President
Business Wire - Wed Apr 17, 10:00AM CDT
Presidio Bank (OTCBB: PDOB), a Bay Area business bank, today announced that it has hired Bryan Bredell as Executive Vice President and East Bay Market President.
Presidio Bank Reports Financial Results for the First Quarter 2013
Business Wire - Tue Apr 16, 10:44AM CDT
Presidio Bank (OTCBB: PDOB), a Bay Area business bank, today reported unaudited results for the quarter ended March 31, 2013 with total loans of $319 million, up 27% from March 31, 2012 and up 1.5% from December 31, 2012. Pre-tax income for the quarter ending March 31, 2012 was $744,000, up 19.3% from the quarter ended March 31, 2012.
Presidio Bank Reports Record Loan Growth for the Fourth Quarter 2012
Business Wire - Tue Jan 29, 8:00AM CST
Presidio Bank (OTCBB: PDOB), a Bay Area business bank, today reported unaudited results for the quarter and year ended December 31, 2012 with total loans of $314 million, up 18.5% from September 30, 2012 and up 16% from December 31, 2011. Pre-tax income for the year ending December 31, 2012 was $2.3 million, up 14.5% from the year ended December 31, 2011.
Presidio Bank Reports 89% Increase in Net Income for 2013
Business Wire - Tue Jan 28, 10:42AM CST
Presidio Bank (OTCBB: PDOB), a Bay Area business bank, today reported unaudited results for the fourth quarter and year ended December 31, 2013 with net income for the year of $2.4 million, an 89 % increase over the $1.3 million achieved in 2012. For the fourth quarter, net income totaled $739 thousand, up $11 thousand from the third quarter 2013 and up $735 thousand over the fourth quarter of 2012. The Bank also ended the year with record high levels of loans, deposits and total assets.
Presidio Bank Announces San Mateo Expansion Plans
Business Wire - Tue Jan 21, 4:00PM CST
Presidio Bank (OTCBB: PDOB), a Bay Area business bank, today announced that it will be expanding to San Mateo with a new office that it plans to open in the second half of 2014.
Presidio Bank Announces Partial Repurchase of Perpetual Preferred Stock
Business Wire - Mon Dec 02, 8:51PM CST
Presidio Bank (OTCBB: PDOB), a Bay Area business bank, announced today that it had repurchased 4,256 shares of its Series A Perpetual Preferred Stock from a private investment fund. The purchase price for the $1,000 par value shares was $957.50 per share resulting in an aggregate purchase price of $4,075,120.
Presidio Bank reports 60% higher net income for Q3 2013 over Q3 of fiscal 2012
M2 - Fri Oct 18, 3:20AM CDT
Presidio Bank (OTCBB
DOB), a business bank, on Thursday reported a net income of USD728,000 or USD0.14 diluted earnings per share for the quarter ended 30 September 201,3, an increase of 59.7% from the net income of USD456,000 or USD0.08 diluted earnings per share in the same quarter of 2012. Presidio Bank Reports 37% Increase in Net Income for the Third Quarter
Business Wire - Thu Oct 17, 3:14PM CDT
Presidio Bank (OTCBB: PDOB), a Bay Area business bank, today reported unaudited results for the quarter ended September 30, 2013 with net income of $728 thousand, up 37% from the quarter ended June 30, 2013 and up 60% from the quarter ended September 30, 2012. This represents the highest quarterly net income achieved by the Bank.
The Wealth Creation Clinic Studies Presidio Bank's Impact on the San Francisco Bay Area Community
Business Wire - Wed Sep 18, 8:50PM CDT
The Wealth Creation Clinic at MIT's Department of Urban Studies and Planning (DUSP) released a comprehensive study titled "Enhancing the Local Impact of Community Banks", utilizing a San Francisco Bay Area business bank, Presidio Bank, as a model. Conducted by the Wealth Creation Clinic, which is sponsored by the Ford Foundation, the study traces the ways in which local community banks can have positive economic impact in their local communities.
Presidio Bank Reports Strong Growth for the Second Quarter 2013
Business Wire - Thu Jul 18, 8:00AM CDT
Presidio Bank (OTCBB: PDOB), a Bay Area business bank, today reported unaudited results for the quarter ended June 30, 2013 with pre-tax profit of $900 thousand, up 21% from the quarter ended March 31, 2013 and up 14% from the quarter ended June 30, 2012. This represents the highest quarterly pre-tax profit achieved by the Bank. Deposits and loans grew to record levels during the quarter as well.
Presidio Bank Hires East Bay Market President
Business Wire - Wed Apr 17, 10:00AM CDT
Presidio Bank (OTCBB: PDOB), a Bay Area business bank, today announced that it has hired Bryan Bredell as Executive Vice President and East Bay Market President.
Presidio Bank Reports Financial Results for the First Quarter 2013
Business Wire - Tue Apr 16, 10:44AM CDT
Presidio Bank (OTCBB: PDOB), a Bay Area business bank, today reported unaudited results for the quarter ended March 31, 2013 with total loans of $319 million, up 27% from March 31, 2012 and up 1.5% from December 31, 2012. Pre-tax income for the quarter ending March 31, 2012 was $744,000, up 19.3% from the quarter ended March 31, 2012.
Presidio Bank Reports Record Loan Growth for the Fourth Quarter 2012
Business Wire - Tue Jan 29, 8:00AM CST
Presidio Bank (OTCBB: PDOB), a Bay Area business bank, today reported unaudited results for the quarter and year ended December 31, 2012 with total loans of $314 million, up 18.5% from September 30, 2012 and up 16% from December 31, 2011. Pre-tax income for the year ending December 31, 2012 was $2.3 million, up 14.5% from the year ended December 31, 2011.
