Proamerica Bank CA (PMRA) 5.8000 $PMRA
ProAmerica Bank Reports Second Quarter Results of Operations
Marketwired - Fri Jul 31, 11:26PM CDT
ProAmerica Bank (OTCQB: PMRA) today reported Net Income of $207,000 for the second quarter of 2015, or $0.07 per common share. Net Income was $183,000, or $0.06 per diluted common share for the quarter ended June 30, 2014. "Our second quarter results reflect the Bank's continued growth due to the new programs we have instituted since the beginning of the year," stated Sal Varela, Interim President and CEO. "This quarter we put in place strategic initiatives to expand our client base and financial services, and we are beginning to see some very positive results. Our attention to the banking needs of entrepreneurs is focused and strategic. Despite the sustained soft economy in which we continue to operate, we successfully expanded and deepened our customer relationships within the communities we serve, and ProAmerica Bank continues to deliver as a prominent and respected institution in our home Los Angeles County markets. "These results are very encouraging and reflect that these initiatives are gaining traction and moving the Bank forward with additional growth and net income," said Chairwoman Maria S. Salinas.
ProAmerica Bank Reports 2015 First Quarter Results of Operations and Appointment of Director
Marketwired - Thu Apr 30, 11:17AM CDT
ProAmerica Bank (OTCQB: PMRA) today reported a Net Loss of $79,000 for the first quarter of 2015, or $0.03 per common share. Net Income was $76,000, or $0.03 per diluted common share for the quarter ended March 31, 2014. "The Bank's first quarterly loss in over three years resulted primarily from nonrecurring personnel expense," stated Sal Varela, Interim President and CEO. "While this impacted our quarter, we have a strong loan pipeline and have implemented strategies to expand deposits. With feedback from our customers, we have put a plan in place to improve overall service levels designed to expand our customer base and to keep the Bank competitive," said Varela.
ProAmerica Bank Reports Third Quarter Net Income of $185,000 and Appointment of Three Directors
Marketwired - Mon Oct 27, 4:35PM CDT
ProAmerica Bank (OTCQB: PMRA) today reported Net Income of $185,000 or 7 cents per diluted common share for the three months ended September 30, 2014. For the nine months, the Bank reported Net Income of $444,000, or 16 cents per diluted common share. Total assets increased 9% to $161.4 million at September 30, 2014, as compared to September 30, 2013. "We are pleased with the Bank's strong growth and core earnings," stated L. Bruce Mills, Jr., President and CEO. "We have an excellent team with a sound approach to bringing value to our clients," continued Mills.
ProAmerica Bank Reports Second Quarter Results of Operations
Marketwired - Fri Jul 31, 11:26PM CDT
ProAmerica Bank (OTCQB: PMRA) today reported Net Income of $207,000 for the second quarter of 2015, or $0.07 per common share. Net Income was $183,000, or $0.06 per diluted common share for the quarter ended June 30, 2014. "Our second quarter results reflect the Bank's continued growth due to the new programs we have instituted since the beginning of the year," stated Sal Varela, Interim President and CEO. "This quarter we put in place strategic initiatives to expand our client base and financial services, and we are beginning to see some very positive results. Our attention to the banking needs of entrepreneurs is focused and strategic. Despite the sustained soft economy in which we continue to operate, we successfully expanded and deepened our customer relationships within the communities we serve, and ProAmerica Bank continues to deliver as a prominent and respected institution in our home Los Angeles County markets. "These results are very encouraging and reflect that these initiatives are gaining traction and moving the Bank forward with additional growth and net income," said Chairwoman Maria S. Salinas.
ProAmerica Bank Reports 2015 First Quarter Results of Operations and Appointment of Director
Marketwired - Thu Apr 30, 11:17AM CDT
ProAmerica Bank (OTCQB: PMRA) today reported a Net Loss of $79,000 for the first quarter of 2015, or $0.03 per common share. Net Income was $76,000, or $0.03 per diluted common share for the quarter ended March 31, 2014. "The Bank's first quarterly loss in over three years resulted primarily from nonrecurring personnel expense," stated Sal Varela, Interim President and CEO. "While this impacted our quarter, we have a strong loan pipeline and have implemented strategies to expand deposits. With feedback from our customers, we have put a plan in place to improve overall service levels designed to expand our customer base and to keep the Bank competitive," said Varela.
ProAmerica Bank Reports Third Quarter Net Income of $185,000 and Appointment of Three Directors
Marketwired - Mon Oct 27, 4:35PM CDT
ProAmerica Bank (OTCQB: PMRA) today reported Net Income of $185,000 or 7 cents per diluted common share for the three months ended September 30, 2014. For the nine months, the Bank reported Net Income of $444,000, or 16 cents per diluted common share. Total assets increased 9% to $161.4 million at September 30, 2014, as compared to September 30, 2013. "We are pleased with the Bank's strong growth and core earnings," stated L. Bruce Mills, Jr., President and CEO. "We have an excellent team with a sound approach to bringing value to our clients," continued Mills.
