Written by
On a basis of diluted earnings per share for the first three months of the year, the price was 11 cents compared to 8 cents for the same period last year.
“We have begun 2016 on a high note with growth in our loan portfolio and core deposit base, all while decreasing levels of nonperforming assets and maintaining strong capital and liquidity levels. We look forward to continued success in 2016,” said Dennis R. Woods, president and CEO, in a statement.
Other highlights for the first quarter of 2016:
— Net interest income increased to $6.61 million, compared to $6.2 million for the quarter ended March 31, 2015, and decreased from $6.7 million in the preceding quarter.
— Total loans increased to $518.2 million compared to $515.3 million at Dec. 31, 2015.
Related Posts
-
A giant leap: UMB Financial’s $2B merger sets sights on Central Valley’s ag future Posted: March 3, 2025 at 1:50 pmUMB Financial Corp., a 111-year-old banking institution from Kansas City,
Read more » -
Bitwise lender pleads guilty in $20M scheme Posted: February 25, 2025 at 10:05 amActing U.S. Attorney Michele Beckwith announced Monday that Andrew Adler,
Read more » -
Fresno Housing’s foundation launches $500K down payment assistance program Posted: February 11, 2025 at 2:27 pmThe Beyond Housing Foundation, the fundraising affiliate of Fresno Housing,
Read more » -
UMB expands footprint with $2B merger; now serving Central Valley Posted: February 4, 2025 at 2:24 pmA 111-year-old bank from Kansas City, Missouri, under its sixth
Read more »
Central Valley Biz Blogs
-
BLOG: California’s wildfire crisis is burning through your wallet
Posted: February 24, 2025 at 9:43 am
For years, we’ve known that California is a kindling box,
Read more » -
BLOG: News you can use about freelancers, contracts
Posted: February 17, 2025 at 3:54 pm
California law governing the relationship between businesses and independent contractors
Read more »
