SDPB News Alert San Diego Private Bank (SDPB) 14.9500 02/15/2015
Post# of 64074
San Diego Private Bank Reports Increased Fourth Quarter Earnings
Marketwired - Tue Jan 27, 10:55AM CST
San Diego Private Bank (OTCQB: SDPB) today announced the bank's condition and results of operations for the fourth quarter and full year 2014.
San Diego Private Bank Announces Completion of Purchase of Loans and Assumption of Deposits From First Security Business Bank
Marketwired - Mon Dec 29, 1:02PM CST
San Diego Private Bank (OTCQB: SDPB) announced today that it completed the acquisition of approximately $50 million in loans and the assumption of $8 million in deposits from First Security Business Bank on December 26, 2014. As previously stated by Selwyn Isakow, Chairman of San Diego Private Bank, "This transaction is meaningfully accretive to our earning in the first year."
San Diego Private Bank Reports Third Quarter Earnings
Marketwired - Thu Oct 23, 11:57AM CDT
San Diego Private Bank (OTCQB: SDPB) today announced the bank's condition and results of operations for the third quarter 2014. Based on unaudited financial results for the quarter ended September 30, 2014, San Diego Private Bank reported net profit of $723,000 for the quarter, up from quarter ended September 30, 2013 of $456,000, an increase of 58.6% and an increase of 21.7% over the prior quarter.
San Diego Private Bank and First Security Business Bank Announce Asset Transaction
Marketwired - Wed Oct 22, 2:41PM CDT
San Diego Private Bank (OTCQB: SDPB) and First Security Business Bank, today announced that the banks have entered into a definitive agreement, subject to regulatory approval, whereby San Diego Private Bank will acquire all the loans and assume all the deposits of First Security Business Bank. The transaction is expected to close in the 4th quarter of 2014 or the 1st quarter of 2015.
San Diego Private Bank Reports Second Quarter Earnings
Marketwire - Thu Jul 24, 11:05AM CDT
San Diego Private Bank (OTCQB: SDPB) today announced the bank's condition and results of operations for the second quarter 2014. Based on unaudited financial results for the quarter ended June 30, 2014, San Diego Private Bank reported net profit of $594,000 for the quarter, up from quarter ended June 30, 2013 of $253,000, which included certain merger related expenses.
San Diego Private Bank Opens New Downtown San Diego Branch
Marketwire - Thu Jun 26, 8:02AM CDT
San Diego Private Bank (OTCQB: SDPB), today proudly announces the relocation of the downtown San Diego Office. Opening June 30, 2014, the new office is at 550 West C Street, Suite 110, San Diego CA 92101 at the corner of Columbia Street and offers convenient client parking. The office provides customized financial solutions to high net worth individuals, professional firms and businesses of all sizes.