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Monday, April 23, 2012

Pacific Alliance Bank Announces 1st Quarter Results

Pacific Alliance Bank (PFBN) continues its growth, supported by ongoing referrals of business operating relationships from shareholders and clients. Operating results for the 1st quarter ending March 31, 2012 are as follows: A net loss of $273,000 or $0.15 per share, compared with a net profit of $181,000 or $0.10 per share for the same period in 2011. Total Assets increased by $19.8 million to $120.7 million, a 19.6% growth from $100.8 million at March 31, 2011. Loans outstanding inc...continued
     

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