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Professional Holding Corp. Reports Second-Quarter Results


Professional Holding Corp. Reports Second-Quarter Results
ACCESSWIRE
Quarterly Net Income of $6.3 Million as Assets Approach $2.6 Billion
CORAL GABLES, FL / ACCESSWIRE / July 29, 2021 / Professional Holding Corp. (the Company ) (NASDAQ:PFHD), the parent company of Professional Bank (the Bank ), today reported net income of $6.3 million, or $0.47 per share, for the second quarter of 2021 compared to net income of $4.8 million, or $0.36 per share, for the first quarter of 2021, and net income of $3.1 million, or $0.22, for the second quarter of 2020.
The Company had a strong quarter of asset and net income growth. said Daniel R. Sheehan, Chairman and Chief Executive Officer. These results were a product of continued scale and noninterest income improvement. ....

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INSBANK Parent, InsCorp, Inc., Reports 2nd Quarter Earnings Growth


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NASHVILLE, Tenn., July 28, 2021 /PRNewswire/ InsCorp, parent company to INSBANK (OTCQX:IBTN), today reported second quarter earnings of $1,369,000, or $0.47 per share compared to $549,000 and $.19 per share for the same period in 2020. Year-to-date earnings were $2,659,000, or $0.91 per share, which was a 107.6% increase over the prior year of $1,281,000 for the six months ended June 30, 2020. Net interest margin improved for the third consecutive quarter, as repricing liabilities drove a decrease in the bank s cost of funding. Our team made steady progress on both short and long-term goals this quarter, said Jim Rieniets, President and CEO of INSBANK. Growth, margin enhancement, and reduction in non-performing assets all contributed to a double-digit return for our shareholders. ....

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CrossFirst Bankshares, Inc. Reports Second Quarter 2021 Results


CrossFirst Bankshares, Inc. Reports Second Quarter 2021 Results
Second Quarter 2021 Key Financial Performance Metrics  
Net Income
12.50
LEAWOOD, Kan., July 22, 2021 (GLOBE NEWSWIRE) CrossFirst Bankshares, Inc. (Nasdaq: CFB), the bank holding company for CrossFirst Bank, today reported its results for the second quarter of 2021, with net income of $15.6 million, or $0.30 per diluted share, and year-to-date net income of $27.6 million, or $0.53 per diluted share.
CEO Commentary:
“During the second quarter, we achieved the strongest profitability in the Company’s history and I am extremely proud of our team for executing on several key strategic initiatives that provides a foundation for future growth and success,” said CrossFirst’s CEO and President, Mike Maddox.  “The Company took several steps to improve the efficiency of the balance sheet and reduce excess liquidity, which resulted in stronger performance metrics, improved margin, and str ....

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