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Paycheck Protection Program Must Be Extended And Replenished To Help The Smallest Businesses

Paycheck Protection Program Must Be Extended And Replenished To Help The Smallest Businesses
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America
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Facebook
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Paycheck-protection-program
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Heritage Commerce Corp Earns $11.2 Million for the First Quarter of 2021

Heritage Commerce Corp Earns $11.2 Million for the First Quarter of 2021
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San-francisco

Santa Cruz County Bank Reports Record Earnings For Quarter Ended March 31, 2021

Santa Cruz County Bank Reports Record Earnings For Quarter Ended March 31, 2021 Assets over $1.5 billion Share this article SANTA CRUZ, Calif., April 21, 2021 /PRNewswire/   Santa Cruz County Bank (OTC: SCZC), with assets over $1.5 billion, is a top-rated community bank headquartered in Santa Cruz County. Today the Bank announced record unaudited earnings for the first quarter ended March 31, 2021. Net income for the quarter was $5.8 million, an increase of $1.4 million, or 32%, over the same period in 2020. Santa Cruz County Bank President and CEO, Krista Snelling, commented, It is a pleasure to present the Bank s record quarter earnings. During the quarter, we celebrated the opening of our eighth full service banking office, located in Monterey and the expansion of our SBA Department. We continue to support businesses through the Paycheck Protection Program and to provide access to capital for all businesses, while maintaining exceptional credit quality.

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First Home Bancorp, Inc. : Reports Record Earnings for First Quarter 2021

Message : Required fields First Home Bancorp, Inc. (OTCQX: FHBI) (“FHBI” or the “Company”), parent company of First Home Bank (“First Home” or the “Bank”) reported record earnings for the first quarter of 2021, driven by mortgage banking income, as well as loan origination fees and net interest income associated with the Paycheck Protection Program (“PPP”). The Company reported net income for the first quarter of 2021 of $7.51 million, or $3.07 per basic common share and $2.76 per diluted common share, compared to net income of $5.61 million, or $2.29 per basic common share and $2.03 per diluted common share, in the fourth quarter 2020, and a net loss of $501 thousand, or $(0.30) per basic and diluted common share in the first quarter of 2020. The first quarter’s earnings increased tangible book value to $26.89 per common share.

Florida
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Russia
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First-home-bank
Bank-residential-mortgage-division
Small-loan-program
Bank-tier

BancorpSouth Announces First Quarter 2021 Results

BancorpSouth Announces First Quarter 2021 Results News provided by Share this article Share this article TUPELO, Miss., April 21, 2021 /PRNewswire/ BancorpSouth Bank (NYSE: BXS) (the Company ) today announced financial results for the quarter ended March 31, 2021. Highlights for the first quarter of 2021 included: Achieved record quarterly net income available to common shareholders of $79.2 million, or $0.77 per diluted common share, and record net operating income available to common shareholders – excluding MSR – of $74.8 million, or $0.73 per diluted common share. Generated $99.1 million in pre-tax pre-provision net revenue (PPNR), or 1.64 percent of average assets on an annualized basis. Credit quality indicators improved as evidenced by no recorded provision for credit losses for the quarter and a decline of $21.9 million, or 16.5 percent, in total non-performing assets.

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