First Community Bancorp (FCBP) Declares $0.2 Quarterly Dividend; 3% Yield

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First Choice Bancorp Posts 12% YOY Increase in Net Income and Declares Quarterly Dividend

May 1, 2018 5:20 PM EDT

Financial Highlights

First quarter of 2018 net income was $2.4 million, up 11.9% from $2.1 million in the same period last year, and up 149.2% from $1.0 million in the fourth quarter of 2017, although net income in the fourth quarter of 2017 included a deferred tax write-down of $1.8 million related to the Tax Cuts and Jobs Act of 2017. Total assets were $947.7 million at March 31, 2018, up 4.9% from $903.8 million at... More