Bank Santa Clarita (BSCA) 11.2500 $BSCA Bank of
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Posted On: 09/19/2016 7:08:24 AM
Bank Santa Clarita (BSCA) 11.2500 $BSCA
Bank of Santa Clarita Announces Growth of Loans and Deposits and Record Earnings
BusinessWire - Thu Oct 22, 1:41PM CDT
Bank of Santa Clarita (BSCA) today announced record profitability for the first three quarters of 2015 as it earned $914,000, which is the best nine-month performance in the Bank's history. The Bank also reported that its loans totaled $180.9 million at September 30, 2015, a growth of $15.8 million or 9.5% in the first three quarters of 2015. In addition, the Bank had a 6.8% increase in total deposits, from $179.9 million to $192.2 million for the first three quarters of 2015; also during that period the Bank reported an increase of $18.6 million or 33.2% in noninterest-bearing deposit balances. Finally, the Bank continues to experience excellent credit quality in its loan portfolio, as nonaccrual loans as of quarter-end totaled approximately $1,000, or less than 0.01% of total loans.
Bank of Santa Clarita Announces Record Profitability
BusinessWire - Thu Jul 23, 1:03PM CDT
Bank of Santa Clarita (BSCA) today announced record profitability for the first half of 2015 as it earned $658,000, which is the best two-quarter performance in the Bank's history, exceeding the net income reported in the first half of 2014 by more than 18%. The Bank reported that its loans totaled $173.0 million at June 30, 2015, a growth of $7.9 million or 5% in the first half of 2015. In addition, the Bank saw an increase in total deposits from $179.9 million to $183.6 million, which included an increase of $6.8 million or 12.1% in noninterest-bearing balances. Finally, the Bank continues to experience very good credit quality in its loan portfolio, as nonaccrual loans as of quarter-end totaled approximately $255,000, or less than 0.15% of total loans.
Bank of Santa Clarita Announces Growth in Profitability
BusinessWire - Thu Apr 23, 4:20PM CDT
Bank of Santa Clarita (OTCBB: BSCA) today announced its results of operations for the first quarter of 2015. Net earnings were at a record level for the Bank, totaling $347,000, an increase of nearly 40% over $248,000 earned in the first quarter of 2014. The Bank also reported that its loans totaled $167.6 million at quarter-end, an increase of $9.3 million or 6% over the year-earlier date. In addition, the Bank continues to experience excellent credit quality in its loan portfolio, as nonaccrual loans as of quarter-end totaled approximately $1,000, or less than 0.01% of total loans.
Bank of Santa Clarita Announces Record Earnings
BusinessWire - Wed Feb 11, 6:07PM CST
Bank of Santa Clarita (OTCBB:BSCA) today announced its results of operations for 2014. Net earnings were at a record level for the Bank, totaling $1.02 million, an increase of 2% over 2013 net earnings, while pre-tax earnings increased 5% over the 2013 results. The Bank noted that net interest income was also at a record level, as the Bank had $7.42 million of net interest income, reflecting an increase of 6% over the amount reported for 2013.
Bank of Santa Clarita Announces Continued Improvement in Earnings
BusinessWire - Wed Oct 29, 1:28PM CDT
Bank of Santa Clarita (OTCBB: BSCA) today announced its results of operations for the third quarter of 2014. For the third quarter of 2014 the Bank reported net earnings of $341,000, 8% greater than the amount reported in the third quarter of 2013, and the second-greatest quarterly net earnings ever recorded by the Bank; moreover, pre-tax earnings for the third quarter totaled $572,000, which total was the greatest quarterly pre-tax earnings ever recorded by the Bank. The Bank also reported year-to-date net earnings of $897,000, 5% higher than the amount reported in the first three quarters of 2013.
Bank of Santa Clarita Announces Growth of Loans and Deposits and Record Earnings
BusinessWire - Thu Oct 22, 1:41PM CDT
Bank of Santa Clarita (BSCA) today announced record profitability for the first three quarters of 2015 as it earned $914,000, which is the best nine-month performance in the Bank's history. The Bank also reported that its loans totaled $180.9 million at September 30, 2015, a growth of $15.8 million or 9.5% in the first three quarters of 2015. In addition, the Bank had a 6.8% increase in total deposits, from $179.9 million to $192.2 million for the first three quarters of 2015; also during that period the Bank reported an increase of $18.6 million or 33.2% in noninterest-bearing deposit balances. Finally, the Bank continues to experience excellent credit quality in its loan portfolio, as nonaccrual loans as of quarter-end totaled approximately $1,000, or less than 0.01% of total loans.
Bank of Santa Clarita Announces Record Profitability
BusinessWire - Thu Jul 23, 1:03PM CDT
Bank of Santa Clarita (BSCA) today announced record profitability for the first half of 2015 as it earned $658,000, which is the best two-quarter performance in the Bank's history, exceeding the net income reported in the first half of 2014 by more than 18%. The Bank reported that its loans totaled $173.0 million at June 30, 2015, a growth of $7.9 million or 5% in the first half of 2015. In addition, the Bank saw an increase in total deposits from $179.9 million to $183.6 million, which included an increase of $6.8 million or 12.1% in noninterest-bearing balances. Finally, the Bank continues to experience very good credit quality in its loan portfolio, as nonaccrual loans as of quarter-end totaled approximately $255,000, or less than 0.15% of total loans.
Bank of Santa Clarita Announces Growth in Profitability
BusinessWire - Thu Apr 23, 4:20PM CDT
Bank of Santa Clarita (OTCBB: BSCA) today announced its results of operations for the first quarter of 2015. Net earnings were at a record level for the Bank, totaling $347,000, an increase of nearly 40% over $248,000 earned in the first quarter of 2014. The Bank also reported that its loans totaled $167.6 million at quarter-end, an increase of $9.3 million or 6% over the year-earlier date. In addition, the Bank continues to experience excellent credit quality in its loan portfolio, as nonaccrual loans as of quarter-end totaled approximately $1,000, or less than 0.01% of total loans.
Bank of Santa Clarita Announces Record Earnings
BusinessWire - Wed Feb 11, 6:07PM CST
Bank of Santa Clarita (OTCBB:BSCA) today announced its results of operations for 2014. Net earnings were at a record level for the Bank, totaling $1.02 million, an increase of 2% over 2013 net earnings, while pre-tax earnings increased 5% over the 2013 results. The Bank noted that net interest income was also at a record level, as the Bank had $7.42 million of net interest income, reflecting an increase of 6% over the amount reported for 2013.
Bank of Santa Clarita Announces Continued Improvement in Earnings
BusinessWire - Wed Oct 29, 1:28PM CDT
Bank of Santa Clarita (OTCBB: BSCA) today announced its results of operations for the third quarter of 2014. For the third quarter of 2014 the Bank reported net earnings of $341,000, 8% greater than the amount reported in the third quarter of 2013, and the second-greatest quarterly net earnings ever recorded by the Bank; moreover, pre-tax earnings for the third quarter totaled $572,000, which total was the greatest quarterly pre-tax earnings ever recorded by the Bank. The Bank also reported year-to-date net earnings of $897,000, 5% higher than the amount reported in the first three quarters of 2013.
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