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Suncrest Bank Reports First Quarter Earnings EPS increase of 40% and annualized non-PPP loan growth of 11%

Share this article Share this article SACRAMENTO, Calif. and VISALIA, Calif., April 26, 2021 /PRNewswire/ Suncrest Bank (OTCQX: SBKK) today reported unaudited financial results for the first quarter of 2021. Our momentum coming out of 2020 has continued through Q1 and the bank has posted another outstanding quarter in both earnings and balance sheet growth, said Ciaran McMullan, President and CEO of Suncrest Bank. Earnings per share increased by 40% over the same quarter last year and our organic loan and deposit growth was extremely strong. Total loans, excluding PPP, increased at an annualized rate of 11% and total deposits increased by over 27% annualized, McMullan added.

Suncrest Bank Provides $60,000 to Wildfire and Covid-19 Relief Efforts

Share this article Share this article SACRAMENTO, Calif. and VISALIA, Calif., Dec. 30, 2020 /PRNewswire/  Suncrest Bank (OTCQX: SBKK) today announced it will donate $60,000 to nine Central Valley nonprofit organizations that have been supporting California s recovery from a disastrous wildfire season and the Covid-19 pandemic. The bank is partnering in this effort with the Federal Home Loan Bank of San Francisco, with each organization contributing $30,000 each. The entire state of California has been affected by the twin challenges of the pandemic and the worst wildfire season on record, with our most vulnerable communities suffering the most,  said Ciaran McMullan, President and CEO of Suncrest Bank.

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