First Choice Bancorp Announces First Quarter of 2021 Financial Results
April 26, 2021 16:13 ET | Source: First Choice Bancorp First Choice Bancorp
Current Quarter Highlights
Net income of $9.8 million, compared to $10.8 million for Q4 20 and $4.5 million for Q1 20
Diluted earnings per common share of $0.82, compared to $0.92 for Q4 20 and $0.39 for Q1 20
Pre-tax pre-provision income was $14.0 million, compared to $15.4 million for Q4 20 and $9.1 million for Q1 20
Net interest margin of 4.20%, compared to 4.31% for Q4 20
and 4.78% for Q1 20
Cost of funds of 0.18%, improved 9 bps from Q4 20 and 54 bps from Q1 20
Return on average assets of 1.64%, compared to 1.88% for Q4 20 and 1.06% for Q1 20
First Choice Bancorp Announces Quarterly Cash Dividend
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Enterprise Financial Services Corp to Acquire First Choice Bancorp
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First Choice Bancorp Announces Quarterly Cash Dividend
February 05, 2021 09:00 ET | Source: First Choice Bancorp First Choice Bancorp UNITED STATES
Cerritos, CA, Feb. 05, 2021 (GLOBE NEWSWIRE) First Choice Bancorp (NASDAQ: FCBP) (the Company ), the holding company of First Choice Bank, today announced that its Board of Directors declared a $0.25 per share cash dividend at its regular meeting held on February 4, 2021. The dividend will be payable on or about March 4, 2021 to holders of the Company’s common stock of record as of the close of business on February 18, 2021.
About First Choice Bancorp
First Choice Bancorp, headquartered in Cerritos, California, is the sole shareholder of and the registered bank holding company for, First Choice Bank. As of December 31, 2020, First Choice Bancorp had total consolidated assets of $2.28 billion. First Choice Bank, also headquartered in Cerritos, California, is a community-based
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
First Choice Bank Announces Sale of Rowland Heights Branch
First Choice BancorpFebruary 1, 2021 GMT
CERRITOS, CALIFORNIA, Feb. 01, 2021 (GLOBE NEWSWIRE) First Choice Bancorp (Nasdaq Capital Markets: FCBP) (the “Company”), the holding company for First Choice Bank (the “Bank” or “First Choice”), announced today that the Bank has completed the sale of its Rowland Heights, California branch (“Rowland Heights Branch”) to Golden Bank, N.A. (“Golden Bank”), headquartered in Houston, Texas.
Pursuant to the terms of the Purchase and Assumption Agreement, Golden Bank has agreed to assume certain deposit liabilities, as well as cash, rights, title, and interest in the lease of the real property related to the Rowland Heights Branch, personal property and other fixed assets associated with the Rowland Heights Branch; no loans were sold as part of the subject sale. All necess