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Professional Holding Corp. Reports Second-Quarter Results ACCESSWIRE Quarterly Net Income of $6.3 Million as Assets Approach $2.6 Billion CORAL GABLES, FL / ACCESSWIRE / July 29, 2021 / Professional Holding Corp. (the Company ) (NASDAQ:PFHD), the parent company of Professional Bank (the Bank ), today reported net income of $6.3 million, or $0.47 per share, for the second quarter of 2021 compared to net income of $4.8 million, or $0.36 per share, for the first quarter of 2021, and net income of $3.1 million, or $0.22, for the second quarter of 2020. The Company had a strong quarter of asset and net income growth. said Daniel R. Sheehan, Chairman and Chief Executive Officer. These results were a product of continued scale and noninterest income improvement. ....
Professional Holding Corp. Reports First-Quarter Results Quarterly Net Income of $4.8 Million as Assets Top $2.2 Billion CORAL GABLES, FL / ACCESSWIRE / May 5, 2021 / Professional Holding Corp. (the Company ) (NASDAQ:PFHD), the parent company of Professional Bank (the Bank ), today reported net income of $4.8 million, or $0.34 per diluted share, for the first quarter of 2021 compared to net income of $5.5 million, or $0.38 per diluted share, for the fourth quarter of 2020, and a net loss of $1.3 million, or ($0.14) per diluted share, for the first quarter of 2020, respectively. We are pleased to report another quarter of balance sheet expansion, said Daniel R. Sheehan, Chairman and Chief Executive Officer. Total loans increased 4.3% to $1.7 billion. The balance sheet performance combined with our share repurchase activity resulted in a tangible book value increase to $14.21 per share. We continue to benefit from a healthy pipeline of loan and deposit activities a ....