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Message : Required fields PHOENIX, April 28, 2021 (GLOBE NEWSWIRE) -- Republic Bank of Arizona (OTCBB:RBAZ) (“RBAZ”) (“Bank”) announced a net income of $557,000, or $0.31 per share, for the quarter ended March 31, 2021 as compared to a net income of $12,000, or $0.01 per share, for the quarter ended March 31, 2020. Current quarter earnings of $0.31 per share were comprised of $0.17 per share attributable to core operations and $0.14 per share due to impacts from the Paycheck Protection Program (“PPP”). President and CEO Brian Ruisinger stated, “Looking back to Q1 2020 seems li...

Share this article Share this article ANNAPOLIS, Md., April 23, 2021 /PRNewswire/ -- Severn Bancorp, Inc. (the Company) (NASDAQ: SVBI), the parent company of Severn Bank (the Bank), reported net income of $3.9 million for the first quarter ended March 31, 2021 compared to $565 thousand for the first quarter of 2020. Earnings per share on a fully diluted basis were $0.30 compared to $0.04 for the quarters ended March 31, 2021 and 2020, respectively. Reaction to COVID-19 Protocols remain in place for employees and customers concerning the impact of the COVID-19 pandemic.  They include remote ...

Share this article Share this article TUCSON, Ariz., Feb. 11, 2021 /PRNewswire/ -- CBOA Financial, Inc. (OTCMKTS:CBOF) (the "Company"), parent company of Commerce Bank of Arizona (the "Bank" or "CBAZ"), announced that consolidated after tax net income for quarter ending December 31, 2020 increased 373% to $1,522,000, from $457,000 in the third quarter of 2020. Chris Webster, Bank President and Chief Executive Officer said "The economic and operating challenges of 2020 were unprecedented. I am extremely proud of our team and how we were able to maintain our exceptional customer service perfor...

Share this article Share this article ANNAPOLIS, Md., Feb. 1, 2021 /PRNewswire/ -- Severn Bancorp, Inc. (the Company) (NASDAQ: SVBI), the parent company of Severn Bank (the Bank), reported net income of $2.5 million for the fourth quarter ended December 31, 2020 and $6.7 million for the year ended December 31, 2020 compared to $1.2 million and $8.3 million for the same periods in 2019. Earnings per share on a fully diluted basis were $0.20 for the fourth quarter and $0.52 per share for the year ended 2020, down from $0.09 and $0.64 per share, respectively, from the fourth quarter and year end...