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SACRAMENTO, Calif. and VISALIA, Calif., April 26, 2021 /PRNewswire/ Suncrest Bank (OTCQX: SBKK) today reported unaudited financial results for the first quarter of 2021. Our momentum coming out of 2020 has continued through Q1 and the bank has posted another outstanding quarter in both earnings and balance sheet growth, said Ciaran McMullan, President and CEO of Suncrest Bank. Earnings per share increased by 40% over the same quarter last year and our organic loan and deposit growth was extremely strong. Total loans, excluding PPP, increased at an annualized rate of 11% and total deposits increased by over 27% annualized, McMullan added.
Suncrest Bank Reports First Quarter Earnings EPS increase of 40% and annualized non-PPP loan growth of 11% prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.