CalPrivate Bank Appoints Larraine Segil to Board
January 15, 2020 19:30 ET
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Private Bancorp of America, Inc.
LA JOLLA, Calif., Jan. 15, 2020 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX:PBAM) CalPrivate Bank (“Bank”) announced the appointment of Larraine Segil to the Bank’s Board of...
Banks’ Small Business Loan Approval Rates Hit Record High in December 2019: Biz2Credit Small Business Lending Index™
January 14, 2020 09:38 ET
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Biz2Credit
NEW YORK, Jan. 14, 2020 (GLOBE NEWSWIRE) -- The approval percentage for small business loan applications at big banks ($10 billion+ in assets) rose one-tenth of a percent to reach 28.2% in December...
Private Bancorp of America, Inc. Reports Third Quarter Results
October 21, 2019 05:30 ET
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Private Bancorp of America, Inc.
Total Assets increased to a record $999.9 million up 6% from the prior quarter and 33% year-over-year.Net loans increased to $813.1 million up 3% for the quarter and 41% year-over-year.Deposits...
Earnings of Latino-Owned Businesses Jumped 46 Percent During Past 12 Months, According to Biz2Credit’s Annual Study
October 10, 2019 08:45 ET
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Biz2Credit
NEW YORK, Oct. 10, 2019 (GLOBE NEWSWIRE) -- The average revenue of Latino-owned businesses improved 46.5% in 2019, increasing to $479,413 from $327,189 in 2018, according to Biz2Credit’s annual...
Private Bancorp of America, Inc. Reports Specific Loan Loss Provision
September 16, 2019 05:30 ET
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Private Bancorp of America, Inc.
LA JOLLA, Calif., Sept. 16, 2019 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX:PBAM) (“Company”) and its wholly-owned subsidiary, CalPrivate Bank (“Bank”), have concluded that the Bank...
Small Business Loan Approvals at Banks Continue to Reach New Heights, According to August 2019 Biz2Credit Small Business Lending Index™
September 10, 2019 09:09 ET
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Biz2Credit
NEW YORK, Sept. 10, 2019 (GLOBE NEWSWIRE) -- Approval rates for small business loan applications rose to another post-recession record (27.8%) at big banks ($10 billion+ in assets), while approval...
Biz2Credit Analysis of Industry Sectors Finds Restaurant Loan Approval Rates Were Above 50% During 2018
August 28, 2019 09:12 ET
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Biz2Credit
NEW YORK, Aug. 28, 2019 (GLOBE NEWSWIRE) -- In an examination small business loan funding trends, restaurants & accommodation businesses had the highest loan approval rates (51%) in 2018...
Private Bancorp of America, Inc. Reports Another Record Quarter
July 22, 2019 18:30 ET
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Private Bancorp of America, Inc.
Total Assets $940.5 million up 10% for the quarter and 32% year-over-yearLoans increased to $787.7 million up 12% for the quarter and 49% year-over-yearDeposits increased to $732.2 million up 4% for...
Private Bancorp of America, Inc. Reports Another Record Quarter
July 22, 2019 05:45 ET
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Private Bancorp of America, Inc.
Total Assets $940.5 million up 10% for the quarter and 32% year-over-yearLoans increased to $787.7 million up 12% for the quarter and 49% year-over-yearDeposits increased to $732.2 million up 36% for...
Private Bancorp of America, Inc. (OTCQX: PBAM) Announces Closing of $10 Million Private Placement of Common Stock
June 28, 2019 17:01 ET
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Private Bancorp of America, Inc.
LA JOLLA, Calif., June 28, 2019 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX: PBAM) (“PBAM”), parent company of CalPrivate Bank (“Bank”), announced today the completion of a $10...