SVBA News Alert Sierra Vista Bank CA (SVBA) 4.5500 02/15/2015
Post# of 64074
Sierra Vista Bank Reports Record 2014 Results
Marketwired - Mon Feb 02, 7:00PM CST
Sierra Vista Bank (OTCBB: SVBA) today reported pre-tax earnings of $844,000 for the year 2014, a 25.8% increase over 2013 pre-tax income of $671,000. Pre-tax earnings for the 4th Quarter 2014 of $148,000 were impacted by the opening of the Bank's 3rd branch in June 2014 and were $72,000 or 32.7% lower than 4th Quarter 2013 pre-tax earnings totaling $220,000. The Bank reported year to date net income of $475,000 as of December 31, 2014, and net income of $87,000 for the 4th Quarter of 2014.
Sierra Vista Bank Appoints Robert T. Perry-Smith as Chairman
Marketwired - Mon Jan 05, 4:00PM CST
Sierra Vista Bank (OTCQB: SVBA) (the "Bank" announced today that Robert T. Perry-Smith has been appointed to its Board of Directors and will serve as its Chairman. The Bank's preceding Chairman, Brady Whitlow, will remain on the Board as Vice Chairman. "We are very pleased to add someone with Bob's experience and expertise to our team," stated Whitlow.
Sierra Vista Bank Reports Earnings Growth of 54% Through 9 Months of 2014
Marketwired - Mon Nov 03, 7:01PM CST
Sierra Vista Bank (OTCQB: SVBA) today reported pre-tax earnings of $696,000 for the nine month period ending September 30, 2014, a 54.3% increase over the same nine month period in 2013 of $451,000. Pre-tax earnings for the 3rd Quarter 2014 totaling $166,000 were impacted by the opening of the Bank's 3rd branch in June 2014. The 3rd Quarter 2014 earnings were $12,000 or 6.7% lower than 3rd Quarter 2013 adjusted pre-tax earnings totaling $178,000 (adjusted for a one time $50,000 gain). The Bank reported year to date net income of $388,000 as of September 30, 2014, and net income of $90,000 for the 3rd Quarter of 2014.
Sierra Vista Bank Announces the Opening of Its Third Branch
Marketwire - Wed Jul 30, 10:01AM CDT
Sierra Vista Bank (OTCQB: SVBA) which is headquartered in Folsom California announced they have opened their third full service banking branch in Fair Oaks Village, Fair Oaks, California. The Bank will be celebrating their Grand Opening Thursday, July 31, 2014.
Sierra Vista Bank Reports Earnings Growth of 138% in the First Half of 2014
Marketwire - Mon Jul 28, 7:30AM CDT
Sierra Vista Bank (OTCQB: SVBA) today reported pre-tax earnings of $530,000 for the six month period ending June 30, 2014, a 137.7% increase over the same six month period in 2013 of $223,000. Pre-tax earnings for the 2nd Quarter 2014 totaled $220,000, a 29.4% increase over the $170,000 earned in the 2nd Quarter a year earlier. The Bank reported year to date net income of $298,000 as of June 30, 2014, and net income of $122,000 for the 2nd Quarter of 2014.