First Resource Bank Announces Record Annual Earnings; Net Income Grows 5% Over The Prior Year
PR Newswire - Wed Jan 28, 11:30AM CST
First Resource Bank (OTCQX: FRSB) announced fourth quarter and full year financial results through December 31, 2014. Net income for the year ended December 31, 2014 was $1,105,693, growth of 5% over the prior year. The loan portfolio grew 12% in the year ended December 31, 2014 to a record high of $157.3 million. Total assets grew 9% in 2014 to end the year at $180.5 million. Net interest income grew 12% for the year ended December 31, 2014 as compared to the prior year.
First Resource Bank Joins OTCQX Marketplace
PR Newswire - Wed Nov 19, 7:00AM CST
First Resource Bank (OTCQX: FRSB) is pleased to announce that it has qualified to trade on OTCQX, a marketplace for established global and growth companies, including community and regional banks.
OTC Markets Group Welcomes First Resource Bank to OTCQX®
PR Newswire - Wed Nov 19, 6:00AM CST
OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced First Resource Bank (Exton, PA) (OTCQX: FRSB), a locally owned and operated Pennsylvania state-chartered bank, has qualified to trade on OTCQX®, the best marketplace.
First Resource Bank Announces Its New Chief Lending Officer and Executive Vice President
PR Newswire - Wed Oct 29, 3:58PM CDT
First Resource Bank (OTCQB: FRSB) is excited to announce the promotion of Lisa Donnon to Chief Lending Officer and Executive Vice President. Ms. Donnon has been working for First Resource Bank for 8 years and brings over 25 years in banking and financial services to her new role with the Bank. Ms. Donnon will manage all loan origination and servicing activities.
First Resource Bank Announces 11% Year To Date Net Income Growth Over The Prior Year
PR Newswire - Fri Oct 24, 7:00AM CDT
First Resource Bank (OTCQB: FRSB) announced third quarter financial results through September 30, 2014. Year to date net income through September 30, 2014 grew 11% from $764,477 for the nine months ended September 30, 2013 to $849,686 for the nine months ended September 30, 2014. The loan portfolio grew 7.3% in the nine months ended September 30, 2014 to a record high of $150.2 million.
First Resource Bank Relocates Exton Branch
PR Newswire - Tue Sep 02, 8:00AM CDT
First Resource Bank (OTCQB: FRSB) is excited to announce the relocation of its Exton Branch. At 3,500 square feet, this branch is more than triple the size of the previous Exton branch. The building includes two drive-up teller windows, a drive-up ATM and a drive-up night drop box. Located at 800 N. Pottstown Pike, and close in proximity to the previous branch, the new location provides greater accessibility from Rt. 100 and is conveniently located next to the Exton Super Wawa.
First Resource Bank Announces 19% Net Income Growth For The First Half Of 2014
PR Newswire - Tue Jul 22, 7:00AM CDT
First Resource Bank (OTC Bulletin Board: FRSB) announced second quarter financial results through June 30, 2014. Quarterly net income reached a record high as did total loans outstanding. Year to date net income through June 30, 2014 grew 19% as compared the first half of the prior year.