Vibra Bank [Ca] (VBBK) 19.0100 $VBBK
Vibra Bank Reports Change in Chairman and Second Quarter Results
PR Newswire - Thu Jul 31, 8:00AM CDT
Vibra Bank ("VBBK"-OTCBB), today reported that founding director and veteran banking analyst Howard B. Levenson was elected Chairman of the Board of Directors, replacing Enrique Schon, Chairman since the Bank's founding in 2008. Mr. Schon continues to serve as a director and a major shareholder of the Bank.
Vibra Bank Reports Robust Growth For 2013
PR Newswire - Thu Feb 20, 8:00AM CST
Today, Vibra Bank ("VBBK"-OTCBB) announced its unaudited financial results for the fourth quarter and year ended December 31, 2013. The Bank reported a net profit for the fourth quarter of $44,000, compared with a net profit of $183,000 for the fourth quarter of 2012. The Bank reported a net loss of $124,000 for the year ended December 31, 2013, compared with net income of $1,149,000 for the previous year.
Vibra Bank Announces A New Growth Phase and Welcomes Frank Mercardante as its New CEO
PR Newswire - Fri Feb 14, 8:00AM CST
Vibra Bank, one of the only remaining locally-owned banks, announced that its Board of Directors has appointed Frank Mercardante as President and Chief Executive Officer effective February 17, 2014. Mr. Mercardante replaces Scott Parker, Vibra Bank's former CEO, who successfully led the bank from its inception until his recent resignation.
Vibra Bank Reports Robust Growth and Return to Profitability in Second Quarter 2013
PR Newswire - Thu Jul 25, 9:00AM CDT
Today, Vibra Bank ("VBBK"-OTCBB) announced its unaudited financial results for the second quarter June 30, 2013. The Bank reported a net profit for the second quarter of $61,000, compared with earnings of $207,000 for the second quarter of 2012. "In the second quarter, Vibra Bank has continued its robust asset growth, and we are pleased to report that we are back in positive territory with regard to earnings," said Vibra Bank President and CEO Scott Parker. "This quarter's earnings reflect the upward trend we expect to expand upon as we continue to grow our high-quality loan portfolio within our market."
Vibra Bank Celebrates Five Years As San Diego's Community Multicultural Bank
PR Newswire - Mon Jul 08, 8:00AM CDT
Today, Vibra Bank ("VBBK"-OTCBB) reaches a milestone in its existence, celebrating five years in business. The Chula Vista bank, which has combined its special ability to service the Hispanic market with a focus on serving businesses, business owners, and professionals, has achieved sound growth during a period marked by economic uncertainty, and now looks forward to continued growth as the economy improves.
Vibra Bank Reports Positive Results For 2012
PR Newswire - Tue Feb 05, 9:30AM CST
Today, Vibra Bank ("VBBK"-OTCBB) announced its unaudited financial results for the fourth quarter and year ended December 31, 2012. The Bank reported a net profit for the fourth quarter of $183,000, compared with $576,000 for the fourth quarter of 2011. The Bank reported a net profit of $1,149,000 for the year ended December 31, 2012, compared with $1,286,000 for the previous year. "In the latter half of 2012 we increased staffing and deployed significant resources within the bank which will be beneficial to us going forward and which will support our continued growth," said Vibra Bank President and CEO Scott Parker. "We are pleased that we have been able to continue to expand our lending activity within our community year over year."
Vibra Bank Reports Change in Chairman and Second Quarter Results
PR Newswire - Thu Jul 31, 8:00AM CDT
Vibra Bank ("VBBK"-OTCBB), today reported that founding director and veteran banking analyst Howard B. Levenson was elected Chairman of the Board of Directors, replacing Enrique Schon, Chairman since the Bank's founding in 2008. Mr. Schon continues to serve as a director and a major shareholder of the Bank.
Vibra Bank Reports Robust Growth For 2013
PR Newswire - Thu Feb 20, 8:00AM CST
Today, Vibra Bank ("VBBK"-OTCBB) announced its unaudited financial results for the fourth quarter and year ended December 31, 2013. The Bank reported a net profit for the fourth quarter of $44,000, compared with a net profit of $183,000 for the fourth quarter of 2012. The Bank reported a net loss of $124,000 for the year ended December 31, 2013, compared with net income of $1,149,000 for the previous year.
Vibra Bank Announces A New Growth Phase and Welcomes Frank Mercardante as its New CEO
PR Newswire - Fri Feb 14, 8:00AM CST
Vibra Bank, one of the only remaining locally-owned banks, announced that its Board of Directors has appointed Frank Mercardante as President and Chief Executive Officer effective February 17, 2014. Mr. Mercardante replaces Scott Parker, Vibra Bank's former CEO, who successfully led the bank from its inception until his recent resignation.
Vibra Bank Reports Robust Growth and Return to Profitability in Second Quarter 2013
PR Newswire - Thu Jul 25, 9:00AM CDT
Today, Vibra Bank ("VBBK"-OTCBB) announced its unaudited financial results for the second quarter June 30, 2013. The Bank reported a net profit for the second quarter of $61,000, compared with earnings of $207,000 for the second quarter of 2012. "In the second quarter, Vibra Bank has continued its robust asset growth, and we are pleased to report that we are back in positive territory with regard to earnings," said Vibra Bank President and CEO Scott Parker. "This quarter's earnings reflect the upward trend we expect to expand upon as we continue to grow our high-quality loan portfolio within our market."
Vibra Bank Celebrates Five Years As San Diego's Community Multicultural Bank
PR Newswire - Mon Jul 08, 8:00AM CDT
Today, Vibra Bank ("VBBK"-OTCBB) reaches a milestone in its existence, celebrating five years in business. The Chula Vista bank, which has combined its special ability to service the Hispanic market with a focus on serving businesses, business owners, and professionals, has achieved sound growth during a period marked by economic uncertainty, and now looks forward to continued growth as the economy improves.
Vibra Bank Reports Positive Results For 2012
PR Newswire - Tue Feb 05, 9:30AM CST
Today, Vibra Bank ("VBBK"-OTCBB) announced its unaudited financial results for the fourth quarter and year ended December 31, 2012. The Bank reported a net profit for the fourth quarter of $183,000, compared with $576,000 for the fourth quarter of 2011. The Bank reported a net profit of $1,149,000 for the year ended December 31, 2012, compared with $1,286,000 for the previous year. "In the latter half of 2012 we increased staffing and deployed significant resources within the bank which will be beneficial to us going forward and which will support our continued growth," said Vibra Bank President and CEO Scott Parker. "We are pleased that we have been able to continue to expand our lending activity within our community year over year."
