PBCO Financial Corporation Reports Q3 2023 Earnings
PBCO Financial Corporation (OTCPK: “PBCO”), the holding company (Company) of People’s Bank of Commerce (Bank), today reported earnings of $1.56 million and earnings per diluted share of $0.29 for the quarter ended September 30, 2023, compared to $1.66 million and $0.31 per diluted share for the quarter ended June 30, 2023.
- PBCO Financial Corporation (OTCPK: “PBCO”), the holding company (Company) of People’s Bank of Commerce (Bank), today reported earnings of $1.56 million and earnings per diluted share of $0.29 for the quarter ended September 30, 2023, compared to $1.66 million and $0.31 per diluted share for the quarter ended June 30, 2023.
- Third quarter 2023 non-interest income totaled $2.2 million, a decrease of $118 thousand from the second quarter of 2023.
- As of September 30, 2023, the Tier 1 Capital Ratio for PBCO Financial Corporation was 11.36% with total shareholder equity of $71.4 million.
- Tangible Capital was $67.6 million, or 8.34% as of September 30, 2023, versus second quarter of 2023 at $68.8 million or 8.47%.