Farmers & Merchants Bank of Long Beach (OTCBB:FMBL) reported financial results for the third quarter ended September 30, 2009. Income Statement For the 2009 third quarter, interest income increased 5.7% to $48.0 million from $45.4 million in the comparable prior-year period, principally reflecting growth in the Bank’s loan portfolio and investment securities. Interest income for [...]

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* 31% increase in standalone profit before tax to Rs. 1,205 crore for the quarter ended June 30, 2009 from Rs. 922 crore for the quarter ended June 30, 2008 * 21% increase in standalone profit after tax to Rs. 878 crore for the quarter ended June 30, 2009 from Rs. 728 crore for the [...]

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Treasure State Bank (OTCBB: “TRSU”) announced its 2009 second quarter results. * As of June 30, 2009 the Bank was well-capitalized with a Tier 1 Leverage Capital Ratio of 9.24% and a Total Risk Based Capital Ratio of 11.86%. * The Bank set aside $998 thousand in additional loan loss reserves in the second quarter [...]

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The California Department of Financial Institutions (DFI) announced that regulators have closed Temecula Valley Bank, citing inadequate capital. As of June 30, 2009, Temecula Valley Bank, located in Temecula, CA, had total assets of approximately $1.4 billion and total deposits of approximately $1.28 billion. The DFI has been closely monitoring the bank because of its [...]

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First Business Bank (OTCBB: FBBN) and 1st Pacific Bancorp (NASDAQ: FPBN) announced that they have signed a definitive merger agreement under which 1st Pacific Bank of California, 1st Pacific Bancorp’s banking subsidiary, will merge with First Business Bank. Tags: Bank, Business, First, share Related posts Coca-Cola Bottling Co. Consolidated Reports Second Quarter and First Half [...]

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Bank of the Ozarks, Inc. (NASDAQ: OZRK) announced that net income available to common stockholders for the quarter ended June 30, 2009 was a record $9,501,000, an increase of 10.4% from $8,607,000 for the second quarter of 2008. Diluted earnings per common share for the second quarter of 2009 were a record $0.56, compared to [...]

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