Tuesday, November 1, 2011

The Private Bank of California Reports Third Quarter 2011 Results

The Private Bank of California (the "Bank") (OTCBB: PBCA) announced its unaudited financial results for the quarter ended September 30, 2011. Third Quarter 2011 Highlights: Net income for the quarter improved significantly to $883,000, up $542,000 or 159% from the linked quarter and $822,000 from the prior year quarter. Year-to-date September 30, 2011 net income was $1,557,000, up an impressive $1,216,000 from $341,000 in 2010. The Bank's operating leverage improved mark...continued
     

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