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Private Bancorp of America, Inc. Announces First Stock Repurchase Program
July 22, 2021 05:00 ET | Private Bancorp of America, Inc.
LA JOLLA, Calif., July 22, 2021 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX:PBAM) today announced that the Board of Directors has adopted a stock repurchase program, and authorized...
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Private Bancorp of America, Inc. Reports Continued Record Earnings
July 21, 2021 05:45 ET | Private Bancorp of America, Inc.
Net income for the quarter was $4.3 million, or $0.75 per diluted shareNet interest margin for the quarter was 4.03% compared with 3.89% in the prior quarter. The net interest margin excluding SBA PPP...
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Biz2Credit to Host Forum with U.S. Senator Jeanne Shaheen on PPP Successes and Lessons Learned on Wednesday, June 23
June 21, 2021 13:03 ET | Biz2Credit
NEW YORK, June 21, 2021 (GLOBE NEWSWIRE) -- Biz2Credit, Paychex, Inc., and CPA.com today announced that they will co-host an online forum featuring U.S. Senator Jeanne Shaheen (D-NH), a leading...
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Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index™ Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders
June 08, 2021 11:19 ET | Biz2Credit
NEW YORK, June 08, 2021 (GLOBE NEWSWIRE) -- Small business loan approval percentages at big banks ($10 billion+ in assets) climbed slightly from 13.4% in April to 13.5% in May 2021, according to the...
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Biz2Credit Small Business Lending Index™ Finds April 2021 Non-PPP Loan Approval Rates Remain Relatively Unchanged
May 11, 2021 10:22 ET | Biz2Credit
NEW YORK, May 11, 2021 (GLOBE NEWSWIRE) -- Small business loan approval percentages at big banks ($10 billion+ in assets) dipped slightly to 13.4% in April from 13.5% in March 2021, according to the...
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Private Bancorp of America, Inc. Reports Record Quarterly Financial Results
April 26, 2021 05:50 ET | Private Bancorp of America, Inc.
First Quarter Highlights First quarter net income was $4.6 million, or $0.81 per diluted share, up from $4.4 million or $0.78 per diluted share in the prior quarter, and up 141.6% from $1.9 million...
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Biz2Credit Small Business Lending Index™ Finds February 2021 Loan Approval Rates Changed Little from January, But Dropped Dramatically from February 2020
March 09, 2021 06:30 ET | Biz2Credit
NEW YORK, March 09, 2021 (GLOBE NEWSWIRE) -- Small business loan approval percentages at big banks ($10 billion+ in assets) rose slightly to 13.3% in February from 13.2% in January 2021, according...
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Biz2Credit Small Business Lending Index™ Finds Loan Approval Rates at Banks Have Plummeted More Than 50% Since Last January
February 09, 2021 06:10 ET | Biz2Credit
NEW YORK, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Small business loan approval percentages at big banks ($10 billion+ in assets) increased slightly to 13.2% in January 2021 from December 2020’s figure of...
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Private Bancorp of America, Inc. Reports Record 2020 Financial Results
January 28, 2021 04:50 ET | Private Bancorp of America, Inc.
2020 Highlights Record net income of $10.9 million, or $1.94 per diluted shareNet interest margin for the year was 4.15% compared with 4.51% in the prior yearTotal loans were $1.0 billion, up 13.9%...
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Biz2Credit’s Online PPP Platform Lets Small Businesses Apply Now for the New Round of PPP Loans
December 29, 2020 07:15 ET | Biz2Credit
NEW YORK, Dec. 29, 2020 (GLOBE NEWSWIRE) -- Now that President Trump has signed the economic stimulus bill into law, companies whose survival depends on a new round of Paycheck Protection Program...