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Southside Bancshares, Inc. Announces Financial Results for the First Quarter Ended March 31, 2021 Record first quarter net income of $34.1 million, an increase of 762.4%, compared to the same period in 2020; Annualized return on first quarter average assets of 1.99%; Annualized return on first quarter average tangible common equity of 21.22% (1); and Nonperforming assets decreased to 0.22% of total assets. TYLER, Texas, April 23, 2021 (GLOBE NEWSWIRE) — Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ende...

Capital Bancorp Reports First Quarter 2021 Net Income of $9.0 million, or $0.65 per diluted share ROCKVILLE, Md., April 22, 2021 (GLOBE NEWSWIRE) — Capital Bancorp, Inc. (the “Company”) (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the “Bank”), today reported net income of $9.0 million, or $0.65 per diluted share, for the first quarter of 2021. By comparison, net income was $2.9 million, or $0.21 per diluted share, for the first quarter of 2020. Return on average assets was 1.87% for the first quarter of 2021, compared to 0.84% for the same period in 2020. Return on av...

Great Southern Bancorp, Inc. Reports Preliminary First Quarter Earnings of $1.36 Per Diluted Common Share Preliminary Financial Results and Other Matters for the Quarter Ended March 31, 2021: CECL Adoption : Effective January 1, 2021, Great Southern Bancorp, Inc. (the Company) adopted the Current Expected Credit Loss (CECL) accounting standard. The Company’s financial statements for periods prior to January 1, 2021, were prepared under the previous incurred loss accounting standard. The adoption of the CECL accounting standard during the first quarter of 2021 required us to recognize a one-...

Cambridge Bancorp Announces First Quarter 2021 Earnings and Increases Quarterly Dividend by 11% News provided by Share this article Share this article CAMBRIDGE, Mass., April 21, 2021 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent company of Cambridge Trust Company (the "Bank"), today announced unaudited net income of $13,499,000 for the quarter ended March 31, 2021, an increase of $485,000, or 3.7%, as compared to net income of $13,014,000 for the quarter ended December 31, 2020. Diluted earnings per share were $1.92 for the first quarter of 2021, representin...

Centric Financial Corporation Announces Earnings for 4th Quarter and Year End 2020 News provided by Share this article Share this article HARRISBURG, Pa., Feb. 18, 2021 /PRNewswire/ -- Centric Financial Corporation ("Centric" or "the Company") (OTC: CFCX), the parent company of Centric Bank ("the Bank"), today reported net income for the fourth quarter and year ended December 31, 2020 of $2.8 million, or $0.33, per basic and diluted share and $9.1 million, or $1.05, per basic and diluted share, respectively. Highlights of Performance: Net income increased $335 thousand, or 14%, from third q...