Bauer Financial

Earnings Release – Redwood Capital Bancorp – First Quarter, 2024

Retrieved on: 
Wednesday, May 1, 2024
Banking, Professional Services, Finance, Bauer Financial, CFO, OTCQX, Tax, Bank

On May 1, 2024, REDWOOD CAPITAL BANCORP (OTCQX:RWCB), the only locally owned and operated community bank holding company in Humboldt County, announced unaudited financial results for the three month period ended March 31, 2024.

Key Points: 
  • On May 1, 2024, REDWOOD CAPITAL BANCORP (OTCQX:RWCB), the only locally owned and operated community bank holding company in Humboldt County, announced unaudited financial results for the three month period ended March 31, 2024.
  • Redwood Capital Bank, the company’s wholly owned subsidiary, celebrated its twenty-year milestone by reporting solid quarterly earnings.
  • John Dalby, President and CEO, remarked, “2024 marks Redwood Capital Bank’s 20-year milestone.
  • Once again, Redwood Capital Bank has been recognized by the financial industry.

Pinnacle Bank Announces Earnings for First Quarter of 2024

Retrieved on: 
Thursday, April 25, 2024
Banking, Professional Services, Finance, Bauer Financial, Silicon, Bank

As of March 31, 2024, total assets were $833.1 million, a 9% increase from the $766.6 million at March 31, 2023.

Key Points: 
  • As of March 31, 2024, total assets were $833.1 million, a 9% increase from the $766.6 million at March 31, 2023.
  • Gross loans were $576.8 million at March 31, 2024, a new record and an increase of $48.6 million (9%) from the March 31, 2023 balance of $528.2 million.
  • Pinnacle Bank is rated by Bauer Financial as Five-Star "Superior" for strong financial performance, the top rating given by the independent bank rating firm.
  • The Findley Reports named Pinnacle Bank a 2023 Super Premier performing bank.

Sierra Bancorp Declares Quarterly Cash Dividend

Retrieved on: 
Friday, April 19, 2024
Banking, Professional Services, Finance, Bank holding company, Bauer Financial, Bank

Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.23 per share.

Key Points: 
  • Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.23 per share.
  • Counting dividends paid by Bank of the Sierra prior to the formation of Sierra Bancorp the Company has paid regular cash dividends to shareholders every year since 1987, comprised of annual dividends through 1998 and quarterly dividends thereafter.
  • The dividend noted in today’s announcement marks the Company’s 101st consecutive quarterly cash dividend.
  • Sierra Bancorp is the holding Company for Bank of the Sierra ( www.bankofthesierra.com ), which is in its 47th year of operations and is the largest independent bank headquartered in the South San Joaquin Valley.

Traditions Bancorp Announces First Quarter 2024 Cash Dividend

Retrieved on: 
Thursday, April 18, 2024
OTC Markets Group, Bauer Financial, Multimedia, Bank

YORK, Pa., April 18, 2024 /PRNewswire/ -- On April 18, 2024, the Board of Directors of Traditions Bancorp (OTC Pink: TRBK), parent company of Traditions Bank, declared a quarterly cash dividend of eight cents per common share.

Key Points: 
  • YORK, Pa., April 18, 2024 /PRNewswire/ -- On April 18, 2024, the Board of Directors of Traditions Bancorp (OTC Pink: TRBK), parent company of Traditions Bank, declared a quarterly cash dividend of eight cents per common share.
  • The dividend will be paid on May 13, 2024, to shareholders of record at the close of business on May 3, 2024.
  • With assets of $840 million as of December 31, 2023, and 140 associates, Traditions Bank provides depository and borrowing services to businesses and individuals located in south-central Pennsylvania.
  • To learn more about Traditions Bancorp, visit www.traditionsbancorp.com .

Pinnacle Bank Announces Record Earnings for 2023

Retrieved on: 
Thursday, January 25, 2024
Banking, Professional Services, Finance, Bank, Silicon, Bauer Financial, Cryptocurrency

OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today record unaudited net income for the year ended December 31, 2023 of $11,771,000, an increase of 39% over the 2022 net income of $8,453,000.

Key Points: 
  • OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today record unaudited net income for the year ended December 31, 2023 of $11,771,000, an increase of 39% over the 2022 net income of $8,453,000.
  • There were no nonperforming assets at December 31, 2023 and September 30, 2023 and $1,167,000 at December 31, 2022.
  • Pinnacle Bank is rated by Bauer Financial as Five-Star "Superior" for strong financial performance, the top rating given by the independent bank rating firm.
  • The Findley Reports named Pinnacle Bank a 2023 Super Premier performing bank.

Sierra Bancorp Declares Quarterly Cash Dividend

Retrieved on: 
Friday, January 19, 2024
Banking, Professional Services, Finance, Bank, Bauer Financial, Bank holding company

Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.23 per share.

Key Points: 
  • Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.23 per share.
  • Counting dividends paid by Bank of the Sierra prior to the formation of Sierra Bancorp the Company has paid regular cash dividends to shareholders every year since 1987, comprised of annual dividends through 1998 and quarterly dividends thereafter.
  • The dividend noted in today’s announcement marks the Company’s 100th consecutive quarterly cash dividend.
  • Sierra Bancorp is the holding Company for Bank of the Sierra ( www.bankofthesierra.com ), which is in its 47th year of operations and is the largest independent bank headquartered in the South San Joaquin Valley.

Traditions Bancorp Announces Fourth Quarter 2023 Cash Dividend

Retrieved on: 
Thursday, January 18, 2024
OTC Markets Group, Bank, Multimedia, Bauer Financial

YORK, Pa., Jan. 18, 2024 /PRNewswire/ -- On January 18, 2024, the Board of Directors of Traditions Bancorp (OTC Pink: TRBK), parent company of Traditions Bank, declared a quarterly cash dividend of eight cents per common share.

Key Points: 
  • YORK, Pa., Jan. 18, 2024 /PRNewswire/ -- On January 18, 2024, the Board of Directors of Traditions Bancorp (OTC Pink: TRBK), parent company of Traditions Bank, declared a quarterly cash dividend of eight cents per common share.
  • The dividend will be paid on February 12, 2024, to shareholders of record at the close of business on February 2, 2024.
  • With assets of $850 million as of September 30, 2023, and 150 associates, Traditions Bank provides depository and borrowing services to businesses and individuals located in south-central Pennsylvania.
  • To learn more about Traditions Bancorp, visit www.traditionsbancorp.com .

Community Bank of the Bay Expands its Reach with New San Jose Branch After Nearly Three Decades in Business

Retrieved on: 
Monday, October 30, 2023
CBB, FDIC, Community development financial institution, Treasury, Community Development Financial Institutions Fund, Senior, Growth, Community Bank, Community engagement, Bauer Financial, CDFI, U.S. Department of Defense Strategy for Operating in Cyberspace, BEA, SAN, Cryptocurrency, Bank, San Francisco Bay Area

SAN JOSE, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) -- After nearly three decades of serving the community, Community Bank of the Bay (CBB) has opened a new branch in downtown San Jose.

Key Points: 
  • SAN JOSE, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) -- After nearly three decades of serving the community, Community Bank of the Bay (CBB) has opened a new branch in downtown San Jose.
  • "With a legacy spanning nearly three decades, CBB has remained dedicated to delivering banking solutions for businesses, with a special focus on underserved communities.
  • “I am excited to be part of establishing a full-service branch to serve the South Bay community that I call home.
  • After working in the banking industry in San Jose for 30 years, I am confident that CBB will be a catalyst for growth to South Bay businesses and nonprofits,” says Terrizzano.

Pinnacle Bank Announces Earnings for Second Quarter of 2023

Retrieved on: 
Friday, October 27, 2023
Banking, Professional Services, Finance, Pinnacle Bank Championship, Bank, Silicon, Bauer Financial, OTCQB, Cryptocurrency

As of September 30, 2023, total assets were $843.5 million, an 8% increase from the $781.2 million at September 30, 2022.

Key Points: 
  • As of September 30, 2023, total assets were $843.5 million, an 8% increase from the $781.2 million at September 30, 2022.
  • Gross loans were $538.4 million at September 30, 2023, an increase of $52.3 million (11%) from the September 30, 2022 balance of $486.1 million.
  • Pinnacle Bank is rated by Bauer Financial as Five-Star "Superior" for strong financial performance, the top rating given by the independent bank rating firm.
  • The Findley Reports named Pinnacle Bank a 2023 Super Premier performing bank.

Q3 Shareholder Report Plus Continued Recognition for Hyperion Bancshares

Retrieved on: 
Wednesday, October 25, 2023
Titan, Hyperion, FDIC, Bank, ICS, Pennsylvania Association of Staff Nurses and Allied Professionals, Equal housing lender, CDARS, Friends, Growth, American City Business Journals, Small business, Small Business Administration, Independent Community Bankers of America, Bauer Financial, Convention, -elect, Superior, Crawford, De Cesare

PHILADELPHIA, Oct. 25, 2023 /PRNewswire/ -- In its Third Quarter 2023 Report to Shareholders, Hyperion Bancshares, Hyperion Bank's holding company, noted moderate growth for the Philadelphia-based community bank. It also recognizes that the nearly 17-year-old bank is outperforming its peers with a net interest margin that averaged 4.28% over the past year.

Key Points: 
  • Hyperion Bank reports moderate growth and increased profitability, along with staff additions and recognition for its leaders, growth & strength
    PHILADELPHIA, Oct. 25, 2023 /PRNewswire/ -- In its Third Quarter 2023 Report to Shareholders, Hyperion Bancshares, Hyperion Bank's holding company, noted moderate growth for the Philadelphia-based community bank.
  • DeCesare says Hyperion is #71 on the Philadelphia Business Journal's 2023 Soaring 76 list .
  • In addition, Hyperion earned a 5-Star Superior rating – the highest rating – from Bauer Financial , the independent bank rating firm.
  • "We are honored to again receive both the 'Soaring' recognition and the 5-Star Superior Bauer rating," Crawford says.