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US Metro Bancorp Announces Fourth Quarter 2020 Financial Results


Press release content from Business Wire. The AP news staff was not involved in its creation.
US Metro Bancorp Announces Fourth Quarter 2020 Financial Results
January 29, 2021 GMT
GARDEN GROVE, Calif. (BUSINESS WIRE) Jan 29, 2021
US Metro Bancorp (OTC Pink: USMT) Mr. Dong Il Kim, President and CEO, announced US Metro Bancorp and US Metro Bank’s financial results for the fourth quarter 2020. As of January 2, 2020, US Metro Bancorp (“Bancorp”), a small bank holding company (BHC), was formed making US Metro Bank its lone subsidiary. On a consolidated basis the Bancorp earned $863,000 in the fourth quarter of 2020 compared to $1,105,000 in the third quarter and $4,067,000 for the twelve months ending December 31, 2020. On a year-to-date basis the Bancorp recorded a return on average assets (“ROAA”) of 0.62% and a return on average equity (“ROAE”) of 5.87%. With 16,230,000 shares outstanding, earnings per share (“EPS”) for the fourth quarter was $0.05 ....

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Pelican Marks 45 Years of Excellence


Press release content from Business Wire. The AP news staff was not involved in its creation.
Pelican Marks 45 Years of Excellence
January 21, 2021 GMT
TORRANCE, Calif. (BUSINESS WIRE) Jan 21, 2021
As the new year begins, Pelican Products, Inc. is gearing up to commemorate its 45th year in business and commitment to its vision of “Protecting All That You Value”. From a humble garage operation in Torrance, California, Pelican has grown into the global leader in the design and manufacture of high-performance protective cases, temperature controlled packaging solutions, advanced portable lighting systems and rugged gear for professionals and outdoor enthusiasts.
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