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Friday, October 28, 2011

Pacific Commerce Bank Reports 2011 Third Quarter Financial Results

LOS ANGELES, Oct. 28, 2011 /PRNewswire/ -- Pacific Commerce Bank (PFCI.OB) today reported financial results for the third quarter ended September 30, 2011.   For the third quarter of 2011, the net loss was $794,000, or ($0.23) per share, which included third quarter loan loss provision of $1,398,000. This compares with net loss of $61,000, or ($0.02) per share, for the third quarter of 2010.   For the nine months ended September 30, 2011, net loss was $1,108,000 or ($0.32) per share.  T...continued
     

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