Written by The Business Journal Staff
Security First Bank in Fresno announced second quarter earnings of $320,000, up 35-fold from $9,000 reported last year.
Total assets for the second quarter were $105 million, down slightly from $108 million last year. Total second-quarter deposits were $84 million, down from $90 million at the same time last year.
“I am very proud of how our team has worked together during the first half of 2016. This is Security First Bank’s best quarterly performance since December 2014, the last quarter before we announced our merger with SunPac that was terminated last month” said Steve Jones, CEO, president and CFO of Security First Bank. “The board and management are focused on growing the bank and supporting our community with the excellent first class service our customers continue to enjoy.”