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We are a bank holding company incorporated in the State of Washington which owns
one subsidiary bank, Banner Bank. Banner Bank is a Washington-chartered
commercial bank that. | May 6, 2021
Ready Capital Corporation Announces First Quarter 2021 Results
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NEW YORK, May 6, 2021 /PRNewswire/ Ready Capital Corporation ( Ready Capital or the Company ) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services small-to-medium balance commercial loans, today reported financial results for the quarter ended March 31, 2021. Ready Capital reported U.S. GAAP Net income for the three months ended March 31, 2021, of $28.9 million, or $0.49 per share of common stock, and Distributable Earnings (a non-GAAP financial measure) of $24.7 million, or $0.41 per share of common stock.
First Quarter Results:
Distributable Earnings of $24.7 million, or $0.41 per diluted share of common stock
Community Development Speech by Fed Chair Jerome H Powell streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
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Southampton, Pennsylvania, May 03, 2021 (GLOBE NEWSWIRE) Quaint Oak Bancorp, Inc. (the Company ) (OTCQB:QNTO), the holding company for Quaint Oak Bank (the Bank ), announced today that net income for the quarter ended March 31, 2021 was $1.0 million, or $0.52 per basic and $0.50 per diluted share, compared to $432,000, or $0.22 per basic and $0.21 per diluted share for the same period in 2020.
Robert T. Strong, President and Chief Executive Officer stated, It is my pleasure to present our earnings release for the first quarter of 2021. Our net income for the quarter ended March 31, 2021 was 138.4% higher than the comparable quarter one year ago amounting to $1.0 million. The increase primarily resulted from an increase in non-interest income coupled with an increase in net interest income. Asset growth also continued, culminating at March 31, 2021 just over $560.0 million. This growth in assets was supported by an increase in deposits of over $84.9 million funding a g
Community Development: Federal Reserve Chair Jerome H. Powell, At The 2021 Just Economy Conference Sponsored By The National Community Reinvestment Coalition, Washington, D.C. (via webcast) Date
Good afternoon. It is a pleasure to be with you today.
Together, over the past year, we have been making our way through a very difficult time. We are not out of the woods yet, but I am glad to say that we are now making real progress. While some countries are still suffering terribly in the grip of COVID-19, the economic outlook here in the United States has clearly brightened. Vaccination levels are rising. Fiscal and monetary policy are providing strong support. The economy is reopening, bringing stronger economic activity and job creation.