PFCI News Alert Pacific Commrc Bk CA (PFCI) 5.7000 02/15/2015
Post# of 64074
Pacific Commerce Bank Reports 2014 Financial Results, Net Income of $1.7 Million and Strong Balance Sheet Growth
Business Wire - Fri Jan 23, 5:00AM CST
Pacific Commerce Bank (OTCQB: PFCI) today reported financial results for the fourth quarter and the twelve months ended December 31, 2014 that reflected annual net income after tax of $1.7 million and growth in total assets of $44.6 million, or 26% for the year. On October 30, 2014, Pacific Commerce Bank announced it had entered into a definitive agreement to merge with Vibra Bank, a transaction that is expected to close early in the second quarter of 2015. The Federal Reserve Bank of San Francisco has approved the merger, which remains subject to approval of the California Department of Business Oversight and both banks' shareholders.
Pacific Commerce Bank and Vibra Bank Announce Approval of Merger Application by the Federal Reserve Bank of San Francisco
Business Wire - Thu Jan 22, 5:00AM CST
Pacific Commerce Bank, "PFCI" (OTCQB: PFCI), and Vibra Bank "VBBK" (OTCQB: VBBK), today announced that they have received written approval by the Federal Reserve Bank of San Francisco for their proposed merger, which was announced on October 30, 2014.
Pacific Commerce Bank and Vibra Bank Announce Agreement to Merge
ACCESSWIRE - Thu Oct 30, 9:25AM CDT
Image: https://www.baystreet.ca/uploads/PFCI_logo.jpg
3rd Quarter 2014 Financial Results
ACCESSWIRE - Thu Oct 23, 5:15AM CDT
Pacific Commerce Bank Reports Solid Third Quarter 2014 Financial Results and Continued Growth and Profitability
Pacific Commerce Bank Reports Second Quarter 2014 Financial Results and Continued Growth and Profitability
ACCESSWIRE - Wed Jul 16, 5:16AM CDT
LOS ANGELES, CA / ACCESSWIRE / July 16, 2014 / Pacific Commerce Bank (OTCQB: PFCI) today reported financial results for the second quarter and the six months ended June 30, 2014 that reflected strong balance sheet growth and continued earnings growth attributed to increases in interest and non-interest income due to consistent loan growth and SBA loan sales.