Vibra Bank [Ca] (VBBK) 23.0000 $VBBK
Pacific Commerce Bank closes merger with Vibra Bank
M2 - Wed Apr 08, 8:19AM CDT
Pacific Commerce Bank (PFCI) (OTCQB
FCI), a business-oriented community bank, revealed on Wednesday that it has completed its merger with Vibra Bank, as approved by shareholders of both institutions at separate special meetings on 23 February 2015.
Pacific Commerce Bank Announces Completion of Merger with Vibra Bank
Business Wire - Wed Apr 08, 5:00AM CDT
Pacific Commerce Bank, "PFCI" (OTCQB: PFCI) announced today that it has completed its merger with Vibra Bank. The shareholders of both institutions approved the transaction at separate special meetings of shareholders held on February 23, 2015. The transaction adds $140.0 million of assets, total deposits of $125.2 million, and total loans of $89.1 million as of December 31, 2014 to Pacific Commerce Bank.
Vibra Bank Reports Strong Fourth Quarter and Year-end Results Provides Update on Pending Merger with Pacific Commerce Bank
PR Newswire - Fri Jan 23, 8:00AM CST
Vibra Bank ("VBBK"- OTCQB), today reported net earnings for the year ended December 31, 2014 of $931,000, or $1.26 per share, compared to a net loss of ($124,000), or ($0.17) per share for the year ended December 31, 2013. This represents a return on average shareholders' equity and average assets of 6.8% and 0.6% respectively, for the twelve months ended December 31, 2014, compared to (0.9%) and (0.1%) respectively, for the prior year.
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
Vibra Bank Reports Results For Third Quarter 2014
PR Newswire - Thu Oct 23, 8:00AM CDT
Vibra Bank ("VBBK"-OTCQB), today reported third quarter earnings of $305,000, or $0.41 per share, compared to earnings of $134,000, or $0.18 per share for the third quarter of 2013. Earnings for the third quarter represent an annualized return on average equity and average assets of 9.0% and 0.8% respectively compared with 4.0% and 0.4% respectively, for the third quarter of 2013. Year-to-date, the bank reported earnings of $330,000, or $0.45 per share compared to a loss of $168,000, or ($0.23) per share for the first nine months of 2013.
Vibra Bank Reports Change in Chairman and Second Quarter Results
PR Newswire - Thu Jul 31, 8:00AM CDT
Vibra Bank ("VBBK"-OTCBB), today reported that founding director and veteran banking analyst Howard B. Levenson was elected Chairman of the Board of Directors, replacing Enrique Schon, Chairman since the Bank's founding in 2008. Mr. Schon continues to serve as a director and a major shareholder of the Bank.
Pacific Commerce Bank closes merger with Vibra Bank
M2 - Wed Apr 08, 8:19AM CDT
Pacific Commerce Bank (PFCI) (OTCQB
FCI), a business-oriented community bank, revealed on Wednesday that it has completed its merger with Vibra Bank, as approved by shareholders of both institutions at separate special meetings on 23 February 2015. Pacific Commerce Bank Announces Completion of Merger with Vibra Bank
Business Wire - Wed Apr 08, 5:00AM CDT
Pacific Commerce Bank, "PFCI" (OTCQB: PFCI) announced today that it has completed its merger with Vibra Bank. The shareholders of both institutions approved the transaction at separate special meetings of shareholders held on February 23, 2015. The transaction adds $140.0 million of assets, total deposits of $125.2 million, and total loans of $89.1 million as of December 31, 2014 to Pacific Commerce Bank.
Vibra Bank Reports Strong Fourth Quarter and Year-end Results Provides Update on Pending Merger with Pacific Commerce Bank
PR Newswire - Fri Jan 23, 8:00AM CST
Vibra Bank ("VBBK"- OTCQB), today reported net earnings for the year ended December 31, 2014 of $931,000, or $1.26 per share, compared to a net loss of ($124,000), or ($0.17) per share for the year ended December 31, 2013. This represents a return on average shareholders' equity and average assets of 6.8% and 0.6% respectively, for the twelve months ended December 31, 2014, compared to (0.9%) and (0.1%) respectively, for the prior year.
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
Vibra Bank Reports Results For Third Quarter 2014
PR Newswire - Thu Oct 23, 8:00AM CDT
Vibra Bank ("VBBK"-OTCQB), today reported third quarter earnings of $305,000, or $0.41 per share, compared to earnings of $134,000, or $0.18 per share for the third quarter of 2013. Earnings for the third quarter represent an annualized return on average equity and average assets of 9.0% and 0.8% respectively compared with 4.0% and 0.4% respectively, for the third quarter of 2013. Year-to-date, the bank reported earnings of $330,000, or $0.45 per share compared to a loss of $168,000, or ($0.23) per share for the first nine months of 2013.
Vibra Bank Reports Change in Chairman and Second Quarter Results
PR Newswire - Thu Jul 31, 8:00AM CDT
Vibra Bank ("VBBK"-OTCBB), today reported that founding director and veteran banking analyst Howard B. Levenson was elected Chairman of the Board of Directors, replacing Enrique Schon, Chairman since the Bank's founding in 2008. Mr. Schon continues to serve as a director and a major shareholder of the Bank.
