Showing 1-7 of about 7 articles.
Folsom Lake Bank
Dangerfield Joins Folsom Lake Bank Board
FOLSOM, Calif., March 21, 2013 (GLOBE NEWSWIRE) -- Folsom Lake Bank (OTCBB:FOLB), announced today that Mr. Howard J. Dangerfield has joined the Board of Directors of Folsom Lake Bank. Mr. Dangerfield is a veteran banker with many years experience in the banking industry. He also has specific expertise in lending and bank operations. "We are delighted to welcome Jim to the organization and feel certain that he will be able to help our Classic Community Bank continue to grow and prosper."
Folsom Lake Bank
Folsom Lake Bank Reports Increased 2012 Earnings
FOLSOM, Calif., Feb. 1, 2013 (GLOBE NEWSWIRE) -- Folsom Lake Bank (OTCBB:FOLB) announced financial results for the fourth quarter and the year ending December 31, 2012. The Bank reported net income of $603,002 for the twelve months ending December 31, 2012, an increase of 22.3% compared to 2011. The Bank completed its 12
Folsom Lake Bank
Folsom Lake Bank Reports Solid Growth and Higher Earnings
FOLSOM Calif., Oct. 19, 2012 (GLOBE NEWSWIRE) -- Folsom Lake Bank (OTCBB:FOLB), announced unaudited financial results for the third quarter and nine month period ending September 30, 2012. The Bank reported net income of $390,791, an increase of 61.9% compared to earnings of $241,421 for the first nine months of 2011. The Bank reported its eleventh consecutive profitable quarter with net income of $117,410 compared to $157,228 for the third quarter of 2011. The Bank also had a strong increase in deposits, up over 10% compared to the prior year. "We are pleased with our third quarter performance, with both assets and deposits at new record levels, and a continued string of profitable quarters," said Robert J. Flautt, President and Chief Executive Officer.
Folsom Lake Bank
Folsom Lake Bank Has Strong Increase in Second Quarter Profits
FOLSOM, Calif., July 17, 2012 (GLOBE NEWSWIRE) -- Folsom Lake Bank (OTCBB:FOLB), announced unaudited financial results for the quarter and six months periods ending June 30, 2012. The Bank reported its tenth consecutive profitable quarter with net income of $161,784, up 313.5% compared to $39,129 for the second quarter of 2011. For the first six months of 2012, the Bank reported net income of $273,381, an increase of 224.7% compared to earnings of $84,192 for the first half of 2011. "We are pleased to see a continued trend toward higher earnings as we focus on growing earning assets and keeping expenses under tight control," said Robert J. Flautt, President and Chief Executive Officer. "Our bank has been focused on both revenue growth as well as increasing productivity and these results speak to our success for the first half results."
Folsom Lake Bank
Folsom Lake Bank First Quarter Profits Up Sharply
FOLSOM, Calif., April 19, 2012 (GLOBE NEWSWIRE) -- Folsom Lake Bank (OTCBB:FOLB) announced unaudited financial results for the first quarter period ending March 31, 2012. The Bank reported a ninth consecutive quarter of profitability with net income of $111,597, an increase of 147% compared to $45,064 for the first quarter of 2011.
Showing 1-7 of about 7 articles.