This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Bay Commercial Bank Reports Third Quarter 2009 Results 2009-10-21 12:10 ET - News Release  Company Website:
http://www.baycommercialbank.com WALNUT CREEK, Calif. -- (Business Wire)
Bay Commercial Bank (OTCBB:BCML) today announces its 3rd quarter 2009
operating results.
The Bank reported total assets as of September 30, 2009 of $154.1
million including loans outstanding of $129.3 million compared to
September 30, 2008 total assets of $104.1 million and total loans
outstanding of $93.1 million. At September 30, 2009, total deposits were
$132.7 million compared to total deposits at September 30, 2008 of $80.7
million. The Bank’s operating income for the third quarter 2009 was
$93,000 or $0.06 per share compared to net income for the same period in
2008 of $69,000 or $0.04 per share. The Bank’s 2009 year to date
operating income was $132,000 or $0.09 per share compared to net income
for the same period in 2008 of $236,000, or $0.15 per share. The Bank’s
year to date 2009 operating results include one-time costs totaling
$120,000 related to the acquisition of the Castro Valley branch and the
FDIC special Assessment.
The remainder is available to Stockwatch subscribers. If you would like to give the Stockwatch system a try,
click here for a free 30 day trial subscription. |