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1st Capital Bank: 1st Capital Bancorp Announces First Quarter 2021 Results


1st Capital Bank: 1st Capital Bancorp Announces First Quarter 2021 Results
SALINAS, CA / ACCESSWIRE / April 30, 2021 /
1st Capital Bancorp (the Company), (OTC Pink:FISB), the $875 million asset bank holding company and parent company of 1st Capital Bank (the Bank ), today reported net income of $1.54 million or $0.27 diluted earnings per share for the quarter ended March 31, 2021. This compares to $608 thousand, or $0.11 diluted earnings per share for the quarter ended March 31, 2020, and $1.59 million, or $0.28 for the quarter ended December 31, 2020.
Financial Highlights
Performance highlights for the quarter ended March 31, 2021, as compared to quarter ending March 31, 2020, and the quarter ending December 31, 2020:
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For the quarter ended March 31, 2021, the Company s return on average equity was 8.29%, as compared to 3.53% and 8.60% for the quarter ended March 31, 2020 and December 31, 2020, respectively. ....

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1st Capital Bank: 1st Capital Bancorp Announces Retirement of CFO Michael Winiarski


1st Capital Bank: 1st Capital Bancorp Announces Retirement of CFO Michael Winiarski
1st Capital Bancorp (OTC Pink:FISB) announced today the retirement of Chief Financial Officer, Michael Winiarski.
We appreciate Mike s contribution over the past seven years and wish him well in retirement, said Sam Jimenez, chief executive officer.
Tamara Allen has been designated as the interim Chief Financial Officer until the search process is completed and a successor to Mr. Winiarski is named.
About 1st Capital Bank
The bank s primary target markets are commercial enterprises, professionals, real estate investors, family business entities, and residents along the Central Coast region of California. The bank provides a wide range of credit products, including loans under various government programs such as those provided through the U.S. Small Business Administration and the U.S. Department of Agriculture. A full suite of deposit accounts also is furnished, complemented b ....

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1st Capital Bank: 1st Capital Bancorp Announces Fourth Quarter 2020 Financial Results


1st Capital Bank: 1st Capital Bancorp Announces Fourth Quarter 2020 Financial Results
SALINAS, CA / ACCESSWIRE / January 29, 2021 /
1st Capital Bancorp (OTC PINK:FISB) reported unaudited net income of $1.59 million for the three months ended December 31, 2020, an increase of 67.1% compared to net income of $953 thousand in the third quarter of 2020 and a decrease of 8.1% compared to net income of $1.73 million in the fourth quarter of 2019. Earnings per share were $0.28 (diluted) for the fourth quarter of 2020, compared to $0.17 (diluted) for the prior quarter, and $0.31 (diluted) for the fourth quarter of 2019.
Unaudited net income for the year ended December 31, 2020 was $4.50 million, a decrease of 36.5% compared to net income of $7.09 million for the year ended December 31, 2019. Year-to-date earnings per share were $0.81 (diluted) and $1.27 (diluted) for the years ended December 31, 2020 and 2019, respectively. ....

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