Friday , January 24 2020
Home / Tag Archives: deposits

Tag Archives: deposits

Banc of California Reports Fourth Quarter 2019 Financial Results

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Our average yield on interest-earning assets increased 19 basis points to 4.55% for the year ended December 31, 2019 as compared to 4.36% for the full year of 2018, due to higher average yields on the loan and securities portfolios and an increased …

Read More »

Spirit Of Texas Bank Agrees To Acquire Deposits, Loans And Other Assets Of Five Simmons Bank Locations In Key Texas Markets

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0. 8em)–sm” type=”text” content=”span class=xn-locationCONROE, Texas/span, span class=xn-chronDec. 23, 2019/span /PRNewswire/ — Spirit of Texas Bancshares, Inc. (NASDAQ:STXB) (the Company or Spirit), the holding company for Spirit of Texas Bank (the Bank), today announced that the Bank has entered into a branch purchase and assumption …

Read More »

Making financial life simple for senior citizens

A friend of mine has been running around for the last two years trying to get her parents finances in order. Her father suffered a stroke two years back and her mother also came down with a disability. All of a sudden, she was thrust with the responsibility of taking care …

Read More »

PMC Bank depositors panic as RBI places curbs

Angry and dejected customers, both young and old, protested across various branches of Mumbai-based Punjab and Maharashtra Cooperative Bank (PMC) after the Reserve Bank of India on Tuesday imposed restrictions on the lender for six months following alleged ‘irregularities’. Most depositors whom BusinessLine spoke to were anxious about the fate …

Read More »

PacWest Bancorp Announces Results for the Second Quarter 2019

Highlights Net Earnings of $128.1 Million, or $1.07 Per Diluted Share; Up 16% from Prior QuarterTax Equivalent Net Interest Margin of 4.72%; Up 3 Basis Points from Prior Quarter Loan and Lease Production of $1.4 Billion; $165 Million of Net Loan GrowthCore Deposits Represent 83% of Total Deposits LOS ANGELES, …

Read More »

Meridian Bancorp, Inc. Reports Record First Quarter Net Income; Rise in Total Deposits to $5 Billion on Growth in Core Deposits

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0. 8em)–sm” type=”text” content=”Mr. Gavegnano noted, “Our net interest income continues to rise on the strength of our recent organic loan and deposit growth. Since the end of 2015, our net loans have grown $2.7 billion for a compounded annual growth rate of 21%, while …

Read More »