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
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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...
Biz2Credit Small Business Lending Index™ Finds April 2021 Non-PPP Loan Approval Rates Remain Relatively Unchanged
May 11, 2021 10:22 ET
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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...
Private Bancorp of America, Inc. Reports Record Quarterly Financial Results
April 26, 2021 05:50 ET
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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...
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
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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...
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
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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...
Private Bancorp of America, Inc. Reports Record 2020 Financial Results
January 28, 2021 04:50 ET
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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%...
Biz2Credit’s Online PPP Platform Lets Small Businesses Apply Now for the New Round of PPP Loans
December 29, 2020 07:15 ET
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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...
CalPrivate Bank Appoints SiSi Pouraghabagher to the CalPrivate Bank Board
November 20, 2020 05:45 ET
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Private Bancorp of America, Inc.
LA JOLLA, Calif., Nov. 20, 2020 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX:PBAM), (“Company”) and CalPrivate Bank (“Bank”) announced today the appointment of Setareh...
CalPrivate Bank Adds Relationship Leadership in Los Angeles and Orange Counties
November 04, 2020 05:45 ET
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Private Bancorp of America, Inc.
LA JOLLA, Calif., Nov. 04, 2020 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX:PBAM), (“Company”) and CalPrivate Bank (“Bank”) announced today the addition of Kevin Campbell as...
Private Bancorp of America, Inc. Reports Record Third Quarter 2020 Financial Results
October 26, 2020 05:45 ET
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Private Bancorp of America, Inc.
Net income for the quarter was $2.5 million, or $0.45 per diluted shareNet interest margin for the quarter was 3.94% compared to 3.66% in the prior quarterTotal loans were $1.0 billion up 2% for the...