PBCO Financial Corporation (PBCO)
- Business Wire
PBCO Financial Corporation Reports Q1 2024 Earnings
MEDFORD, Ore., April 17, 2024--PBCO Financial Corporation (OTCPK: "PBCO"), the holding company (Company) of People’s Bank of Commerce (Bank), today reported net income of $1.7 million and earnings per diluted share of $0.31 for the quarter ended March 31, 2024, compared to a loss of $3.90 million and -$0.73 per diluted share for the quarter ended December 31, 2023. Excluding one-time expenses in fourth quarter, EPS would have been $0.27 per share, resulting in an increase of $0.04 per share duri
- Business Wire
PBCO Financial Corporation Reports Q4 and 2023 Earnings
MEDFORD, Ore., January 25, 2024--PBCO Financial Corporation (OTCPK: "PBCO"), the holding company (Company) of People’s Bank of Commerce (Bank), today reported a loss of $3.90 million and earnings per diluted share of -$0.73 for the quarter ended December 31, 2023, compared to earnings of $1.56 million and $0.29 per diluted share for the quarter ended September 30, 2023. For the full year, the Company posted net income of $0.99 million or $0.19 per diluted share compared to $9.86 million for 2022
- Business Wire
PBCO Financial Corporation Announces Securities Portfolio Repositioning
MEDFORD, Ore., December 08, 2023--PBCO Financial Corporation (OTCPK: "PBCO"), the holding company (Company) for People’s Bank of Commerce (Bank), announced today that the Bank completed a repositioning strategy for our investment securities portfolio. The Bank sold approximately $49.4 million in market value of investment securities classified as available-for-sale with an average yield of 1.42% for an estimated after-tax loss of approximately $5.1 million. This sale will cause the Company to re
