Pacific Capital (PCBC) Reports Q2 EPS of $0.04
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Pacific Commerce Bancorp Reports Record Second Quarter Results
July 21, 2016 6:00 AM EDTLOS ANGELES--(BUSINESS WIRE)-- Pacific Commerce Bancorp (PCBC) (the Company), parent company of Pacific Commerce Bank (the Bank), today reported record earnings for the second quarter and on a year-to-date basis. Second quarter results include the impact of the ProAmérica Bank acquisition which closed on May 20, 2016.
Financial Highlights for the Second Quarter 2016
Year to date core earnings, adjusted for merger related expenses, increased 79% to $1,674,000 compared to core earnings of $937,000 for the first half of 2015. Core earnings, adjusted for merger related expenses, increased 56% to $998,000 in the current quarter compared to $639,000 for... More