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CABK California Community Bank featured news, full reports, and detailed charts

California Community Bank (CABK/CABK.OB) Wrap Up:

California Community Bank offers personal and business banking services in California. It provides deposit products, including savings and checking accounts, money market accounts, and certificates of deposits. The bank’s loan portfolio includes auto and vehicle loans, real estate construction loans, home equity loans and lines of credit, and personal loans. It also provides business loans, such as accounts receivable and inventory financing, business lines of credit and term loans, professional loans, equipment loans, commercial real estate loans, construction financing, small business administration loans, and letters of credit. In addition, the bank offers debit and credit cards, cash man...
www.calcommunitybank.com
Founded in 2003

California Community Bank (CABK:OTC Bulletin Board Market)

LAST $7.75 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of November 19, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of California Community Bank (CABK)

OPEN
--
PREVIOUS CLOSE
$7.75
DAY HIGH
--
DAY LOW
--
52 WEEK HIGH
12/31/08 - $9.90
52 WEEK LOW
02/5/09 - $5.00
MARKET CAP
16.2M
AVERAGE VOLUME 3 mo
380.0
DILUTED EPS TTM
--
SHARES OUTSTANDING
2.1M
CABK Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

related news

Bankers predict slow local economic recovery: At least 6-9 months more of recessionary conditions, they say [North County Times, Escondido, Calif.]
BRIEF: California Community Bank earnings up [North County Times, Escondido, Calif.]

CABK Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

Key developments for California Community Bank (CABK)

California Community Bank Promotes Sue Snow to Senior Vice President

California Community Bank announced that Sue Snow has been promoted to Senior Vice President. Snow is a veteran commercial banker and has over 25 years of banking experience in the Escondido and North County Markets. Snow started her career with Escondido National Bank, then went to North County Bank and in 2000, joined First National Bank/Pacific Western Bank as a Vice President in the Escondido Office. In July 2003, she joined California Community Bank as one of its original employees when it opened on August 11, 2003.

California Community Bank Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009

California Community Bank reported unaudited earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the bank reported net income of $21,000 or basic earnings per share of 1 cent, versus a net loss of $51,000, or a basic loss per share of 2 cents, for the comparable period last year. Interest income was $2.6 million compared to $2.4 million a year ago. Net interest income was $1.7 million compared to $1.5 million a year ago. Income before income taxes was $0.021 million compared to loss before income taxes of $0.051 million a year ago. For the nine months, the bank's net loss was $317,000 or a basic loss per share of 15 cents, compared to a net loss of $177,000 or a basic loss per share of 8 cents, for the first nine months of 2008. Interest income was $7.4 million compared to $7.1 million a year ago. Net interest income was $4.8 million compared to $4.3 million a year ago. Loss before income taxes was $0.316 million compared to $0.176 million a year ago.

California Community Bank Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2009

California Community Bank reported unaudited earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported net loss of $88,000 or a basic loss per share of 4 cents versus a net loss of $139,000 or a basic loss per share of 7 cents for the comparable period last year. Net interest income was $1,614,000 compared to $1,430,000 for the same period of last year. Interest income was $2,449,000 compared to $2,286,000 for the same period of last year. Loss before income taxes was $88,000 compared to $138,000 for the same period of last year. For the nine months, the company reported net loss of $338,000 or a basic loss per share of 16 cents compared to a net loss of $126,000 or a basic loss per share of 6 cents for the first six months of 2008. Net interest income was $3,053,000 compared to $2,734,000 for the same period of last year. Interest income was $4,816,000 compared to $4,642,000 for the same period of last year. Loss before income taxes was $337,000 compared to $125,000 for the same period of last year.

otc, otcbb, pinksheet, CABK, ob California Community Bank

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Industry Analysis

Valuation CABK Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.6x
Price/Book 0.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

CABK

More Recent News About California Community Bank

More news for CABK

California Community Bank Promotes Sue Snow to Senior Vice President

ESCONDIDO, Calif.--(BUSINESS WIRE)--California Community Bank (OTCBB:CABK - News) today announced that prominent Escondido banker Sue Snow has been promoted to Senior Vice President. Snow is a veteran commercial banker and has over 25 years of banking experience in the Escondido and North County Markets. Snow started her career with Escondido National Bank, then went to North County Bank and in 2000, joined First National Bank / Pacific Western Bank as a Vice President in the Escondido Office. In July 2003, she joined California Community Bank as one of its original employees when it opened on August 11, 2003.“Sue’s strong reputation as a premier community banker was the perfect addition to our new bank in 2003 and everyday she fulfills our vision to a philosophy of high-touch service and relationship-oriented banking,” commented Larry Hartwig, President and CEO. “She has an excellent background in providing banking services and a strong history of community involvement, plus many long-term relationships in the Escondido business community. She is a successful and valuable member of our team and has contributed much to our bank’s success.”California Community Bank, which commenced operations on August 11, 2003, is headquartered at 1320 West Valley Parkway in Escondido and currently operates 4 branches – Encinitas, Escondido, San Diego, and Vista, CA. F...
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California Community Bank Reports Third Quarter 2009 Profit

                Condensed Statements of Operations ($ in thousands, except per share amounts)   Three Months Ended Nine Months Ended Unaudited   9/30/2009     9/30/2008 9/30/2009     9/30/2008 Interest Income $ 2,570 $ 2,423 $ 7,386 $ 7,065 Interest Expense 829       895   ...
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