1St Century Bancshares Inc (FCTY) 6.60 $FCTY
1st Century Bancshares EPS of $0.06
Seeking Alpha - at Seeking Alpha - Thu Nov 06, 5:35PM CST
FCTY: 6.60 (+0.10)
1st Century Bancshares, Inc. Reports Financial Results for the Quarter and Nine Months Ended September 30, 2014
GlobeNewswire - Thu Nov 06, 4:16PM CST
1st Century Bancshares, Inc. (the "Company"
(Nasdaq:FCTY), the holding company for 1st Century Bank, N.A. (the "Bank" , today reported net income for the three and nine months ended September 30, 2014 of $626,000 and $1.8 million, respectively, compared to $803,000 and $6.6 million for the same periods last year. The net income variance during the nine months ended September 30, 2014, compared to the same period last year, was primarily attributable to a $4.5 million increase in income tax provisions. This increase was related to an income tax benefit of approximately $3.2 million recognized during the nine months ended September 30, 2013 in connection with the reversal of our deferred tax valuation allowance, as compared to $1.3 million of income tax provisions recognized during the nine months ended September 30, 2014. Pre-tax, pre-provision earnings for the three and nine months ended September 30, 2014 was $1.1 million and $3.2 million, respectively, compared to $1.0 million and $3.2 million for the same periods last year. Included in net income for the three and nine months ended September 30, 2014 are gains in connection with the sale of securities of $196,000 and $982,000, respectively, compared to $170,000 and $705,000 for the same periods last year.
FCTY: 6.60 (+0.10)
1st Century Bank Expands Relationship Management Team
GlobeNewswire - Thu Sep 04, 6:57PM CDT
1 Century Bank, N.A. (the "Bank" , a wholly-owned subsidiary of 1 Century Bancshares, Inc. (Nasdaq:FCTY), today announced the expansion of its relationship management team with the addition of Neil McTiernan as Vice President, Relationship Manager.
FCTY: 6.60 (+0.10)
1st Century Bancshares, Inc. Reports Financial Results for the Quarter and Six Months Ended June 30, 2014
GlobeNewswire - Thu Aug 07, 4:09PM CDT
1st Century Bancshares, Inc. (the "Company" (Nasdaq:FCTY), the holding company for 1st Century Bank, N.A. (the "Bank" , today reported net income for the three and six months ended June 30, 2014 of $779,000 and $1.2 million, respectively, compared to $4.4 million and $5.8 million for the same periods last year. Pre-tax, pre-provision earnings for the three and six months ended June 30, 2014 was $1.4 million and $2.2 million, respectively, compared to $1.2 million and $2.2 million for the same periods last year. Included in net income for the three and six months ended June 30, 2014 are gains in connection with the sale of securities of $533,000 and $786,000, respectively, compared to $535,000 for the same periods last year.
FCTY: 6.60 (+0.10)
1st Century Bancshares EPS of $0.06
Seeking Alpha - at Seeking Alpha - Thu Nov 06, 5:35PM CST
FCTY: 6.60 (+0.10)
1st Century Bancshares, Inc. Reports Financial Results for the Quarter and Nine Months Ended September 30, 2014
GlobeNewswire - Thu Nov 06, 4:16PM CST
1st Century Bancshares, Inc. (the "Company"
(Nasdaq:FCTY), the holding company for 1st Century Bank, N.A. (the "Bank" , today reported net income for the three and nine months ended September 30, 2014 of $626,000 and $1.8 million, respectively, compared to $803,000 and $6.6 million for the same periods last year. The net income variance during the nine months ended September 30, 2014, compared to the same period last year, was primarily attributable to a $4.5 million increase in income tax provisions. This increase was related to an income tax benefit of approximately $3.2 million recognized during the nine months ended September 30, 2013 in connection with the reversal of our deferred tax valuation allowance, as compared to $1.3 million of income tax provisions recognized during the nine months ended September 30, 2014. Pre-tax, pre-provision earnings for the three and nine months ended September 30, 2014 was $1.1 million and $3.2 million, respectively, compared to $1.0 million and $3.2 million for the same periods last year. Included in net income for the three and nine months ended September 30, 2014 are gains in connection with the sale of securities of $196,000 and $982,000, respectively, compared to $170,000 and $705,000 for the same periods last year. FCTY: 6.60 (+0.10)
1st Century Bank Expands Relationship Management Team
GlobeNewswire - Thu Sep 04, 6:57PM CDT
1 Century Bank, N.A. (the "Bank"
, a wholly-owned subsidiary of 1 Century Bancshares, Inc. (Nasdaq:FCTY), today announced the expansion of its relationship management team with the addition of Neil McTiernan as Vice President, Relationship Manager. FCTY: 6.60 (+0.10)
1st Century Bancshares, Inc. Reports Financial Results for the Quarter and Six Months Ended June 30, 2014
GlobeNewswire - Thu Aug 07, 4:09PM CDT
1st Century Bancshares, Inc. (the "Company"
(Nasdaq:FCTY), the holding company for 1st Century Bank, N.A. (the "Bank" , today reported net income for the three and six months ended June 30, 2014 of $779,000 and $1.2 million, respectively, compared to $4.4 million and $5.8 million for the same periods last year. Pre-tax, pre-provision earnings for the three and six months ended June 30, 2014 was $1.4 million and $2.2 million, respectively, compared to $1.2 million and $2.2 million for the same periods last year. Included in net income for the three and six months ended June 30, 2014 are gains in connection with the sale of securities of $533,000 and $786,000, respectively, compared to $535,000 for the same periods last year. FCTY: 6.60 (+0.10)
