Pbb Bancorp (PBCA) 7.6500 $PBCA PBB Bancorp Rep
Post# of 273254
PBB Bancorp Reports Record Total Assets of $460.4 Million as of June 30, 2016
BusinessWire - Mon Aug 01, 4:00AM CDT
PBB Bancorp ("PBCA" (OTCQX: PBCA) announced the results of operations for the second quarter 2016. The Consolidated Balance Sheet as of the quarter end at June 30, 2016 reflected Record Total Assets of $460.4 million; Record Net Loans of $369.1 million; Record Total Deposits of $343.1 million; and Record Total Equity of $43.4 million. The milestones were a direct benefit derived from the merger with First Mountain Bank in January 2016, along with the continued growth within our other target markets.
OTC Markets Group Announces Quarterly Index Performance and Rebalancing
PR Newswire - Mon Apr 18, 6:00AM CDT
OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced the first quarter 2016 performance and quarterly rebalancing of the OTCQX® indexes, the OTCQB® Venture Index, the OTCM QX ADR Index ("OTCQX30" and the OTCM ADR Index.
NNDM: 8.01 (-0.17)
PBB Bancorp and First Mountain Bank Merger Complete
BusinessWire - Fri Jan 29, 4:00AM CST
PBB Bancorp ("PBCA" (OTCQX: PBCA), the parent company of Premier Business Bank, announced today the successful merger with First Mountain Bank. PBB Bancorp first entered into a definitive merger agreement with First Mountain Bank on June 22, 2015. This merger combines Premier Business Bank's leading operation in Los Angeles County with First Mountain Bank's strong presence in San Bernardino County. "With the merger, the combined assets are in excess of $425 million," said John R. Polen, president and CEO of Premier Business Bank.
PBB Bancorp declares receipt of shareholder approval for acquisition of First Mountain Bank
M2 - Wed Dec 23, 3:44AM CST
PBB Bancorp (OTCQXBCA) revealed on Wednesday that its shareholders approved the merger of First Mountain Bank with and into Premier Business Bank.
PBB Bancorp Announces Shareholder Approval of Acquisition of First Mountain Bank
BusinessWire - Tue Dec 22, 6:45PM CST
PBB Bancorp (OTCQX: PBCA), the holding company and 100% shareholder of Premier Business Bank, announced today that on December 22, 2015, the shareholders of PBB Bancorp approved the merger of First Mountain Bank, with and into Premier Business Bank, and that on December 21, 2015, the shareholders of First Mountain Bank also approved the merger.
PBB Bancorp announces receipt of regulatory agencies' approval for merger with First Mountain Bank
M2 - Fri Nov 06, 5:33AM CST
PBB Bancorp (PBCA) (OTCQXBCA) and First Mountain Bank (OTCQX:FMBP) both revealed on Friday that the Federal Reserve Bank, the California Department of Business Oversight and the Federal Deposit Insurance Corporation has approved the merger of the two banks.
PBB Bancorp and First Mountain Bank Announce Merger Approved by Regulatory Agencies
BusinessWire - Thu Nov 05, 6:41PM CST
PBB Bancorp ("PBCA" (OTCQX: PBCA), the parent company of Premier Business Bank, and First Mountain Bank announced that the merger of the two banks has received final approval from the Federal Reserve Bank, the California Department of Business Oversight and the Federal Deposit Insurance Corporation. "We expect the merger to be completed in the first quarter of 2016, subject to all required regulatory requirements and the fulfillment of all closing conditions. After the merger, the combined assets will be in excess of $400 million," said John R. Polen, President and CEO of Premier Business Bank.
PBB Bancorp Reports Earnings for 3rd Quarter 2015
BusinessWire - Wed Nov 04, 4:50PM CST
PBB Bancorp ("PBCA" (OTCQX: PBCA), the parent company of Premier Business Bank ("Premier", announced record earnings and growth for the third quarter of 2015. Net income for the nine months ended September 30, 2015 was $1.7 million and has increased by $1.3 million or 344% when compared to the nine months ended September 30, 2014. Net income for the quarter ended September 30, 2015 was $559,000, or $0.16 per share compared to $183,000 or $0.05 per share for the third quarter of 2014. Total assets increased to a record $265.3 million at September 30, 2015 compared to $209.3 million from the prior year. Total loans increased to a record $224.1 million at September 30, 2015 compared to $161.3 million from the previous year. Total loans at the end of the third quarter 2015 increased $62.8 million or 39% when compared to the third quarter of 2014. Asset quality remains outstanding with no non-accrual loans, no criticized assets and no loans past due more than 30 days.
PBB Bancorp Reports Record Earnings for 2nd Quarter 2015
BusinessWire - Wed Aug 05, 6:27PM CDT
PBB Bancorp ("PBCA" (OTCQX: PBCA), the parent company of Premier Business Bank ("Premier", announced record earnings and growth for the first half of 2015. Net income was $1.1 million, or $0.33 per share, at June 30, 2015, a significant increase compared to $190,000 or $0.07 per share at June 30, 2014. Net income for the six months ended June 2015 increased by $904,000 or 477% when compared to the six months ended June 2014. Pre-tax income year to date was at a record high of $2.2 million, which included non-interest income related to gains on sale of SBA loans of $626,000 and provision for loan losses of $235,000. PBCA elected to increase its provision for loan losses as a prudent measure. In addition, PBCA is recognizing its Net Operating Losses ("NOL's" and therefore is not required to pay income tax until tax credits have been depleted. Total assets increased to a record $252.0 million at June 30, 2015 as a result of excellent loan growth year over year. Total loans at the end of the quarter were $211.3 million increasing $75.6 million or 56% when compared to $135.7 million the previous year.
First Mountain Bank and PBB Bancorp/ Premier Business Bank in Merger Talks
BusinessWire - Thu Jun 04, 6:16PM CDT
First Mountain Bank ("FMB" and PBB Bancorp/ Premier Business Bank ("PBB" announced today that they have entered into exclusive negotiations for the combination of the two banks. Discussions are advanced. The parties anticipate that a merger agreement will be signed and terms announced by mid-June 2015.
PBB Bancorp is Now Traded on the OTCQX Marketplace
BusinessWire - Mon Mar 30, 5:06PM CDT
PBB Bancorp ("PBCA" (OTCQXBCA), the holding company of Premier Business Bank ("Premier", announced today that its stock is now traded on the OTCQX Marketplace under stock symbol "PBCA." Premier is now a wholly owned subsidiary of PBB Bancorp that was approved by the shareholders in 2014. According to Mr. John R. Polen, President and CEO, "The decision to have our stock traded on the OTCQX is part of an overall plan to generate liquidity for our shareholders." PBB Bancorp stock information can be accessed on Premier's website at www.ibankpremier.com under Investor Relations.
OTC Markets Group Welcomes PBB Bancorp to OTCQX
PR Newswire - Fri Mar 27, 6:00AM CDT
OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced PBB Bancorp (OTCQX: PBCA), the holding company for Premier Business Bank headquartered in downtown Los Angeles, CA, has qualified to trade on OTCQX®, the best marketplace for established, global and growth companies.