PEB

New Air Service Brings Nova Scotia's Top Seaside Escapes and Excursions Closer to U.S. Travelers in 2024

Retrieved on: 
Thursday, March 7, 2024

HALIFAX, NS, March 7, 2024 /PRNewswire-PRWeb/ -- With more than 8,000 miles of breathtaking coastline, Nova Scotia is the ideal destination for rejuvenation along the shore. Here in Canada's second smallest province, travelers are never more than 40 miles from a body of water! On each corner, travelers are invited to discover the charm of pristine coastal landscapes with experiences like lodging in unique accommodations, venturing on a hydrothermal spa journey, and trying the only excursion of its kind in Canada, land sailing with Blokarts on white sand beaches in Southwest Nova Scotia.

Key Points: 
  • Here in Canada's second smallest province, travelers are never more than 40 miles from a body of water!
  • In June of 2024, American Airlines will begin new air service daily from New York City's LaGuardia Airport to Halifax.
  • With solar-provided power, propane cooking, compost toilet, and propane-heated hot showers, the glamp site makes for a sustainably sourced oasis.
  • The max availability of Blokarts is six, all sessions include training, and time can be shared with another participant.

BNSF Railway, SMART-TD Reach Tentative Agreement on PEB Articles VI & VII, Paid Sick Days and More

Retrieved on: 
Thursday, September 28, 2023

The International Association of Sheet Metal, Air, Rail and Transportation Workers, Transportation Division (SMART-TD) and BNSF Railway have reached a system-wide agreement that will significantly benefit ground service employees at BNSF.

Key Points: 
  • The International Association of Sheet Metal, Air, Rail and Transportation Workers, Transportation Division (SMART-TD) and BNSF Railway have reached a system-wide agreement that will significantly benefit ground service employees at BNSF.
  • The tentative agreement follows up on the mandatory local bargaining items from last year’s Presidential Emergency Board (PEB) and goes well beyond.
  • This breakthrough tentative agreement comes after several months of negotiations, and pending ratification by SMART-TD's members at BNSF, it is expected to bring positive changes to both the professional and personal lives of these employees.
  • The agreement will allow for more predictable scheduling (with rest days available to all pool and extra board employees) and enables all ground service employees to take paid sick days, with many additional quality of work/life changes.

Goldstar Requests Name Change to "GREEN MINING INNOVATION"

Retrieved on: 
Thursday, May 11, 2023

The warrants will provide for an acceleration clause if the shares trade above a specified price for more than 20 consecutive days.

Key Points: 
  • The warrants will provide for an acceleration clause if the shares trade above a specified price for more than 20 consecutive days.
  • Mr. Gagné has more than 15 years of experience in the global mining industry, having held senior management positions in this sector.
  • Jacques was most recently with Solutions BF as a mining consultant involved in projects in Burkina Faso, Guinea and Mali.
  • Mr. Jacques Marchand, consulting engineer in geology, has prepared a geological memorandum on the eight mining claims comprising the IMV Project.

BayCom Corp Reports 2023 First Quarter Earnings of $7.0 Million

Retrieved on: 
Thursday, April 20, 2023

Net interest income decreased $1.2 million, or 4.6%, to $25.3 million for the first quarter of 2023 from $26.5 million in the prior quarter and increased $2.9 million, or 13.0%, from $22.4 million in the same quarter a year ago.

Key Points: 
  • Net interest income decreased $1.2 million, or 4.6%, to $25.3 million for the first quarter of 2023 from $26.5 million in the prior quarter and increased $2.9 million, or 13.0%, from $22.4 million in the same quarter a year ago.
  • Noninterest income for the first quarter of 2023 increased $946,000, or 62.7%, to $2.5 million compared to $1.5 million in the prior quarter 2022 and decreased $1.9 million, or 44.2%, compared to $4.4 million for the same quarter in 2022.
  • Noninterest expense for the first quarter of 2023 increased $181,000, or 1.1%, to $16.5 million compared to $16.3 million for the prior quarter 2022 and decreased $1.8 million, or 10.0%, compared to $18.3 million for the same quarter in 2022.
  • Shareholders’ equity totaled $313.5 million at March 31, 2023, compared to $317.1 million at December 31, 2022, and $324.7 million at March 31, 2022.

BayCom Corp Reports 2022 Fourth Quarter Earnings of $8.1 Million

Retrieved on: 
Thursday, January 26, 2023

BayCom Corp (“BayCom” or the “Company”) (NASDAQ: BCML), the holding company for United Business Bank (the “Bank” or “UBB”), announced earnings of $8.1 million, or $0.62 per diluted common share, for the fourth quarter of 2022, compared to earnings of $7.2 million, or $0.54 per diluted common share, for the third quarter of 2022 and $5.4 million, or $0.51 per diluted common share, for the fourth quarter of 2021.

Key Points: 
  • BayCom Corp (“BayCom” or the “Company”) (NASDAQ: BCML), the holding company for United Business Bank (the “Bank” or “UBB”), announced earnings of $8.1 million, or $0.62 per diluted common share, for the fourth quarter of 2022, compared to earnings of $7.2 million, or $0.54 per diluted common share, for the third quarter of 2022 and $5.4 million, or $0.51 per diluted common share, for the fourth quarter of 2021.
  • Net interest income increased $1.7 million or 7.1%, to $26.5 million for the fourth quarter of 2022 from $24.7 million in the prior quarter and increased $7.3 million, or 37.9%, from $19.2 million in the same quarter a year ago.
  • Noninterest income for the fourth quarter of 2022 decreased $1.2 million, or 45.0%, to $1.5 million compared to $2.7 million in the prior quarter 2022 and decreased $1.1 million, or 41.3%, compared to $2.6 million for the same quarter in 2021.
  • Noninterest expense for the fourth quarter of 2022 increased $212,000, or 1.3%, to $16.3 million compared to $16.1 million for the prior quarter 2022 and increased $2.6 million, or 18.6%, compared to $13.8 million for the same quarter in 2021.

NATIONAL PRESIDENT MARATEA STATEMENT ON CONGRESSIONAL ACTION

Retrieved on: 
Friday, December 2, 2022

WASHINGTON, Dec. 2, 2022 /PRNewswire/ -- The United States Senate voted to pass legislation to impose the terms of the recent Tentative Agreement for the remaining four (4) unions who failed to ratify their agreement.

Key Points: 
  • WASHINGTON, Dec. 2, 2022 /PRNewswire/ -- The United States Senate voted to pass legislation to impose the terms of the recent Tentative Agreement for the remaining four (4) unions who failed to ratify their agreement.
  • However, the Senate did not pass the resolution to provide paid sick days to railroad workers.
  • Today's vote by the Senate is no surprise.
  • Historically, Congress has been extremely reluctant to meddle directly in labor contract matters, other than to impose the results of the Presidential Emergency Board (PEB) which is what happened today.

BayCom Corp Announces Completion of Acquisition of Pacific Enterprise Bancorp

Retrieved on: 
Wednesday, February 2, 2022

BayCom Corp (NASDAQ: BCML) (BayCom or the Company), the parent company of United Business Bank, announced today that effective February 1, 2022, it completed its previously announced acquisition of Pacific Enterprise Bancorp (PEB), headquartered in Irvine, California and the merger of Pacific Enterprise Bank, the bank subsidiary of PEB, into United Business Bank.

Key Points: 
  • BayCom Corp (NASDAQ: BCML) (BayCom or the Company), the parent company of United Business Bank, announced today that effective February 1, 2022, it completed its previously announced acquisition of Pacific Enterprise Bancorp (PEB), headquartered in Irvine, California and the merger of Pacific Enterprise Bank, the bank subsidiary of PEB, into United Business Bank.
  • We at Pacific Enterprise Bancorp are pleased and excited about becoming a part of BayCom and having the advantage of their size, number of branches and diverse package of products and services to offer our clients.
  • I am excited about joining the Board of Directors of United Business Bank, said Dennis Guida, Chairman of the Board, of Pacific Enterprise Bancorp.
  • George Guarini, President and Chief Executive Officer of BayCom, said: We are extremely pleased and proud to be able to announce the consummation of this acquisition.

Merger Between BayCom Corp and Pacific Enterprise Bancorp Receives Shareholder Approval

Retrieved on: 
Tuesday, December 14, 2021

BayCom Corp (BayCom) (NASDAQ: BCML) and Pacific Enterprise Bancorp (PEB) jointly announced that, at their respective special meetings of shareholders held yesterday, they each received the necessary shareholder approval for the consummation of their planned merger.

Key Points: 
  • BayCom Corp (BayCom) (NASDAQ: BCML) and Pacific Enterprise Bancorp (PEB) jointly announced that, at their respective special meetings of shareholders held yesterday, they each received the necessary shareholder approval for the consummation of their planned merger.
  • BayCom previously announced the receipt of all required bank regulatory approvals for the merger of BayCom and PEB, as well as the merger of PEBs bank subsidiary, Pacific Enterprise Bank, into BayComs bank subsidiary, United Business Bank.
  • Pacific Enterprise Bancorp is a bank holding company organized under the laws of the state of California.
  • Additional information about Pacific Enterprise Bancorp may be found at http://www.pacificenterprisebank.com or by calling (949) 623-7600.

Leading Independent Proxy Advisory Firm Recommends That Pacific Enterprise Bancorp Shareholders Vote “FOR” Proposed Merger with BayCom Corp

Retrieved on: 
Thursday, December 9, 2021

Pacific Enterprise Bancorp (PEB) (OTCM: PEBN) today announced that leading independent proxy advisory firm, Institutional Shareholder Services Inc. (ISS), has recommended that PEB shareholders vote FOR the proposed merger with BayCom Corp (BayCom), as described in PEBs proxy materials for the special meeting of its shareholders to be held at 4:00 p.m., Pacific time, on December 13, 2021.

Key Points: 
  • Pacific Enterprise Bancorp (PEB) (OTCM: PEBN) today announced that leading independent proxy advisory firm, Institutional Shareholder Services Inc. (ISS), has recommended that PEB shareholders vote FOR the proposed merger with BayCom Corp (BayCom), as described in PEBs proxy materials for the special meeting of its shareholders to be held at 4:00 p.m., Pacific time, on December 13, 2021.
  • ISS is widely recognized as a leading independent voting and corporate governance advisory firm.
  • Pacific Enterprise Bancorp is a bank holding company organized under the laws of the state of California.
  • The joint proxy statement/prospectus was sent to the shareholders of PEB and BayCom seeking the required shareholder approvals on or about November 4, 2021.

BayCom Corp Receives Final Regulatory Approval for Pacific Enterprise Bancorp Merger

Retrieved on: 
Tuesday, November 23, 2021

BayCom Corp (BayCom) (NASDAQ: BCML) announced it has received all regulatory clearances for its proposed merger with Pacific Enterprise Bancorp (PEB).

Key Points: 
  • BayCom Corp (BayCom) (NASDAQ: BCML) announced it has received all regulatory clearances for its proposed merger with Pacific Enterprise Bancorp (PEB).
  • The Board of Governors of the Federal Reserve System and the California Department of Financial Protection and Innovation have provided final clearance for the pending merger of BayCom Corp and PEB, as well as the merger of PEBs bank subsidiary, Pacific Enterprise Bank, into BayComs bank subsidiary, United Business Bank.
  • The respective Boards of Directors of BayCom and PEB have previously approved the Agreement and Plan of Merger between BayCom and PEB.
  • Pacific Enterprise Bancorp is a bank holding company organized under the laws of the state of California.