Peoples Bk of Com Or (PBCO) 9.5500 $PBCO
People's Bank Declares a Special 5% Stock Dividend
Business Wire - Wed Aug 05, 1:19PM CDT
The board of directors of People's Bank of Commerce (OTCBB
BCO) announced that it has declared a one-time five percent stock dividend. This special dividend will be paid on or about September 17, 2015 to shareholders of record August 17, 2015. This unique mid-year stock dividend rewards our shareholders for the strong earnings attained for the first six months of 2015. June 30, 2015 also marks the bank's 24th consecutive quarter of profitability since the recession began.
People's Bank Reports 40% Increase in Earnings
Business Wire - Tue Jul 21, 5:42PM CDT
People's Bank of Commerce (OTCBBBCO) today reported earnings of $709,000 for the first six months of 2015, compared to $507,000 for the same period last year. The bank reported earnings of $0.35 per share for the first six months of 2015, compared to $0.26 per share the prior year. Net interest income was up 18% year-to-date over the prior year. "Over the last year, both loans and deposits are up 10%," said Ken Trautman, President and CEO of People's Bank. "Our loan pipeline remains strong and our mortgage production continues to outpace last year, both of which are contributing to the strong earnings growth reported above," said Trautman.
People's Bank Reports 64 Percent Increase in 1st Quarter Earnings
Business Wire - Tue Apr 21, 6:25PM CDT
People's Bank of Commerce (OTCBB: PBCO) reported today that its earnings for the first quarter of 2015 were $335,000 compared to $204,000 during the first quarter of 2014. The bank reported earnings of $0.17 per share for the three months ending March 31, 2015, compared to $0.11 per share in 2014. People's Bank experienced a 20 percent increase in net interest income in the first quarter of 2015 when compared to the same period last year. Non-interest income was up 20 percent from the prior year during the first quarter of 2015, primarily due to an increase in mortgage loan and service charge income.
People's Bank Reports 18% Increase in 2014 Earnings
Business Wire - Wed Jan 21, 5:09PM CST
People's Bank of Commerce (OTCBBBCO) reported earnings for the year ended December 31, 2014, were $1,196,000 or $0.63 per share, compared to earnings of $1,012,000 or $0.65 per share during 2013. "Earnings in 2013 were buoyed by a onetime, Other Real Estate Owned (ORE), accounting methodology change that increased earnings by $126,000 or 0.08 cents per share. Prior to the adjustment, shareholders earned 0.57 per share during 2013. It is important to recall that the average number of outstanding shares increased by 23% in 2014 versus 2013. This increase was the result of a successful capital offering to accommodate growth," said Ken Trautman, President and CEO.
People's Bank of Commerce Shows Strong Growth Leading to 49% Increase in Earnings
Business Wire - Tue Oct 21, 6:21PM CDT
People's Bank of Commerce (OTCBB: PBCO) today reported earnings of $874,000 for the first nine months of 2014, up 49% compared to $585,000 for the same period last year. This resulted in earnings of $0.46 per share for the first nine months of 2014, compared to $0.41 per share reported the prior year. Net interest income was up by 16% year-to-date, the result of strong loan growth during 2014. Portfolio loan and deposit growth in the past 12 months continues in excess of 14% and 25%, respectively.
People's Bank Declares a Special 5% Stock Dividend
Business Wire - Wed Aug 05, 1:19PM CDT
The board of directors of People's Bank of Commerce (OTCBB
BCO) announced that it has declared a one-time five percent stock dividend. This special dividend will be paid on or about September 17, 2015 to shareholders of record August 17, 2015. This unique mid-year stock dividend rewards our shareholders for the strong earnings attained for the first six months of 2015. June 30, 2015 also marks the bank's 24th consecutive quarter of profitability since the recession began. People's Bank Reports 40% Increase in Earnings
Business Wire - Tue Jul 21, 5:42PM CDT
People's Bank of Commerce (OTCBB
BCO) today reported earnings of $709,000 for the first six months of 2015, compared to $507,000 for the same period last year. The bank reported earnings of $0.35 per share for the first six months of 2015, compared to $0.26 per share the prior year. Net interest income was up 18% year-to-date over the prior year. "Over the last year, both loans and deposits are up 10%," said Ken Trautman, President and CEO of People's Bank. "Our loan pipeline remains strong and our mortgage production continues to outpace last year, both of which are contributing to the strong earnings growth reported above," said Trautman. People's Bank Reports 64 Percent Increase in 1st Quarter Earnings
Business Wire - Tue Apr 21, 6:25PM CDT
People's Bank of Commerce (OTCBB: PBCO) reported today that its earnings for the first quarter of 2015 were $335,000 compared to $204,000 during the first quarter of 2014. The bank reported earnings of $0.17 per share for the three months ending March 31, 2015, compared to $0.11 per share in 2014. People's Bank experienced a 20 percent increase in net interest income in the first quarter of 2015 when compared to the same period last year. Non-interest income was up 20 percent from the prior year during the first quarter of 2015, primarily due to an increase in mortgage loan and service charge income.
People's Bank Reports 18% Increase in 2014 Earnings
Business Wire - Wed Jan 21, 5:09PM CST
People's Bank of Commerce (OTCBB
BCO) reported earnings for the year ended December 31, 2014, were $1,196,000 or $0.63 per share, compared to earnings of $1,012,000 or $0.65 per share during 2013. "Earnings in 2013 were buoyed by a onetime, Other Real Estate Owned (ORE), accounting methodology change that increased earnings by $126,000 or 0.08 cents per share. Prior to the adjustment, shareholders earned 0.57 per share during 2013. It is important to recall that the average number of outstanding shares increased by 23% in 2014 versus 2013. This increase was the result of a successful capital offering to accommodate growth," said Ken Trautman, President and CEO. People's Bank of Commerce Shows Strong Growth Leading to 49% Increase in Earnings
Business Wire - Tue Oct 21, 6:21PM CDT
People's Bank of Commerce (OTCBB: PBCO) today reported earnings of $874,000 for the first nine months of 2014, up 49% compared to $585,000 for the same period last year. This resulted in earnings of $0.46 per share for the first nine months of 2014, compared to $0.41 per share reported the prior year. Net interest income was up by 16% year-to-date, the result of strong loan growth during 2014. Portfolio loan and deposit growth in the past 12 months continues in excess of 14% and 25%, respectively.
