Coast Bancorp [Ca] (CTBP) 1.3500 $CTBP
Coast Bancorp Reports Fourth Quarter Results
Marketwired - Thu Feb 05, 4:15PM CST
Coast Bancorp ("Coast Bancorp" or the "Company"
(OTCBB: CTBP), a bank holding company and the parent of Coast National Bank (the "Bank" , reported net income available to common shareholders of $329,000, or $0.06 per dilutive common share, for the fourth quarter of 2014 compared to net income available to common shareholders of $811,000, or $0.96 per dilutive common share, for the fourth quarter of 2013. For the year ended December 31, 2014, net income available to common shareholders was $183,000, or $0.05 per dilutive common share, compared with net income available to common shareholders of $806,000, or $0.95 per dilutive common share for the same period in 2013. The decrease in net income for the fourth quarter of 2014 as compared to the same quarter of a year earlier was primarily attributed to the variance in reverse provision from allowance for loan and lease losses of $700,000 and a one time loss on the sale of OREO of $249,000. Adjusted operating results without these two transactions reflected net income available to common shareholders of $78,000 for the fourth quarter of 2014 as compared to a net loss of $389,000 for the same period in 2013.
Coast Bancorp Announces Third Quarter Earnings Results
Marketwired - Tue Nov 04, 6:15PM CST
Coast Bancorp (OTCBB: CTBP) today reported a consolidated net loss of $146,000 or $0.05 per basic and diluted share for the nine months ended September 30, 2014 compared to a net loss of $5,000 or $0.01 per basic and diluted share for the same period in 2013.
Coast Bancorp and Coast National Bank Announce Second Quarter Earnings Results
Marketwire - Fri Aug 08, 3:04PM CDT
Coast National Bank, a wholly owned subsidiary of Coast Bancorp (OTCBB: CTBP) today reported Net Profit of $150,000 for the 2nd quarter 2014, compared to a loss of $185,000 for the second quarter of 2013.
Coast Bancorp Announces Capital Raise
Marketwire - Thu Jun 12, 3:56PM CDT
Coast Bancorp ("the Company" (OTCBB: CTBP), parent company for Coast National Bank, announced today the successful completion of a Private Placement of $6.8 million of debt and equity capital consisting of 4,800,000 in common stock of Coast Bancorp at $1.00 per share and $2,000,000 of Private Lender Senior Notes. The offering was primarily to accredited investors. The $6.8 million offering successfully provides the cash required to meet the obligations of the Company and provide for future growth. FIG Partners, LLC acted as sole placement agent for this offering.
Coast Bancorp Reports Fourth Quarter Results
Marketwired - Thu Feb 05, 4:15PM CST
Coast Bancorp ("Coast Bancorp" or the "Company"
(OTCBB: CTBP), a bank holding company and the parent of Coast National Bank (the "Bank" , reported net income available to common shareholders of $329,000, or $0.06 per dilutive common share, for the fourth quarter of 2014 compared to net income available to common shareholders of $811,000, or $0.96 per dilutive common share, for the fourth quarter of 2013. For the year ended December 31, 2014, net income available to common shareholders was $183,000, or $0.05 per dilutive common share, compared with net income available to common shareholders of $806,000, or $0.95 per dilutive common share for the same period in 2013. The decrease in net income for the fourth quarter of 2014 as compared to the same quarter of a year earlier was primarily attributed to the variance in reverse provision from allowance for loan and lease losses of $700,000 and a one time loss on the sale of OREO of $249,000. Adjusted operating results without these two transactions reflected net income available to common shareholders of $78,000 for the fourth quarter of 2014 as compared to a net loss of $389,000 for the same period in 2013. Coast Bancorp Announces Third Quarter Earnings Results
Marketwired - Tue Nov 04, 6:15PM CST
Coast Bancorp (OTCBB: CTBP) today reported a consolidated net loss of $146,000 or $0.05 per basic and diluted share for the nine months ended September 30, 2014 compared to a net loss of $5,000 or $0.01 per basic and diluted share for the same period in 2013.
Coast Bancorp and Coast National Bank Announce Second Quarter Earnings Results
Marketwire - Fri Aug 08, 3:04PM CDT
Coast National Bank, a wholly owned subsidiary of Coast Bancorp (OTCBB: CTBP) today reported Net Profit of $150,000 for the 2nd quarter 2014, compared to a loss of $185,000 for the second quarter of 2013.
Coast Bancorp Announces Capital Raise
Marketwire - Thu Jun 12, 3:56PM CDT
Coast Bancorp ("the Company"
(OTCBB: CTBP), parent company for Coast National Bank, announced today the successful completion of a Private Placement of $6.8 million of debt and equity capital consisting of 4,800,000 in common stock of Coast Bancorp at $1.00 per share and $2,000,000 of Private Lender Senior Notes. The offering was primarily to accredited investors. The $6.8 million offering successfully provides the cash required to meet the obligations of the Company and provide for future growth. FIG Partners, LLC acted as sole placement agent for this offering. 
