PBCA The Private Bank of California featured news, full reports, and detailed charts
The Private Bank of California (PBCA/PBCA.OB) Wrap Up:
The Private Bank of California offers financial services for high net worth individuals; business owners; legal and financial professionals, and their firms; and entertainment service businesses. It offers a range of deposits solutions, including business and personal checking accounts, business and personal money market accounts, business and personal savings accounts, and certificates of deposit. The bank also provides commercial loans and lines of credit, equity lines of credit, and commercial real estate loans. The company was founded in 2005 and is headquartered in Los Angeles, California.The Private Bank of California (PBCA:OTC Bulletin Board Market)
Snapshot of The Private Bank of California (PBCA)
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OPEN
$8.10
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PREVIOUS CLOSE
$8.15
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DAY HIGH
$8.10
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DAY LOW
$8.10
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52 WEEK HIGH
10/29/09 - $8.50
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52 WEEK LOW
01/27/09 - $5.50
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MARKET CAP
0.0
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AVERAGE VOLUME 3 mo
5.1K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
0.0
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PBCA Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
PBCA Top Compensated Officers
Executives, Board Directors
Key developments for The Private Bank of California (PBCA)
The Private Bank of California announced unaudited earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net loss available to common shareholders of $58,000 or $0.02 per basic share compared to net income available to common shareholders of $82,000 or $0.02 per share for the same period last year, due to the impact of adjustments and declared dividends related to the preferred stock issued to the U.S. Department of Treasury in February 2009. The company reported income before income taxes of $67,000 and net interest income of $2,405,000 compared to income before income taxes of $82,000 and net interest income of $2,368,000 for the same period last year. The bank's net loss available to common shareholders for the nine months ended September 30, 2009 is $353,000 or $0.10 per basic share compared to net loss of $26,000 or $0.01 per basic share for the nine months ended September 30, 2008. The company reported loss before income taxes of $99,000 and net interest income of $7,195,000 compared to loss before income taxes of $25,000 and net interest income of $6,257,000 for the same period last year.
The Private Bank of California announced unaudited earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the bank's net loss was $196,000 compared to the net loss of $157,000 for the same period in 2008 and net income of $29,000 for the prior quarter ended March 31, 2009. The Bank's net loss available to common shareholders is $284,000 or $88,000 higher than the reported net loss for the quarter ended June 30, 2009 due to dividends and adjustments related to preferred stock issued in February 2009 to the U.S. Department of Treasury. Net interest income for the quarter was $2,453,000 compared to $2,008,000 for the same period a year ago. The company reported loss before income taxes of $196,000 against $157,000 for the same period in 2008. For the six months ended June 30, 2009, the bank's net loss available to common shareholders is $295,000 or $0.08 per basic share compared to the $108,000 or $0.03 per basic share for the six months ended June 30, 2008. Net interest income for the period was $4,790,000 compared to $3,889,000 for the same period a year ago. The company reported loss before income taxes of $166,000 against $107,000 for the same period in 2008.
The Private Bank of California announced unaudited financial results for the first quarter ended March 31, 2009. For the period, net income was $29,000 compared to $49,000 for the same period in 2008. Income before income taxes of $30,000 against the $50,000 for the same period a year ago. Net interest income of $2,337,000 compared to the $1,881,000 for the same period a year ago. Income before provisions for credit losses and income taxes was $333,000 against the $92,000 for the same period in 2008. Net loss available to common shareholders was $11,000 is $40,000 lower than reported net income, due to dividends and adjustments related to preferred stock issued in February 2009 to the U.S. Department of Treasury. The company reported net income available to common shareholders was $49,000 for the same period in 2008. The company reported net income of $0.00 per basic share against the $0.01 per share for the same period a year ago.
PBCA Competitors
| Company | Last | Change | |
| No competitor information is available for PBCA. | |||
| Market data is delayed at least 20 minutes. | |||
Industry Analysis
| Valuation | PBCA | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 3.7x |
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| Price/Book | -- | Not Meaningful |
| Price/Cash Flow | 560.3x |
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| TEV/Sales | NM | Not Meaningful |
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PBCA |
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PBCA transactions
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| No transactions in the last 6 months. | ||
More Recent News About The Private Bank of California
More news for PBCA
Private Bank of California to Remain in TAGP
LOS ANGELES--(BUSINESS WIRE)--The Private Bank of California (the “Bankâ€) (OTCBB: PBCA - News) today announced that the Bank has elected to remain in the FDIC’s Transaction Account Guarantee Program (TAGP) as a result of the FDIC’s recent announcement to extend the program to June 30, 2010. President Richard A. Smith commented that, “The Bank was pleased to have participated in this program when it was established by the FDIC. We believe that the Bank’s continued participation through June 30, 2010, along with our strong and liquid balance sheet, enables the Bank to provide our clients with a safe and secure banking experience during the current economic environment.â€The TAGP program provides full FDIC insurance coverage for all non-interest bearing transaction accounts. This includes traditional non-interest bearing checking accounts and certain types of attorney trust accounts, as well as negotiable order of withdrawal (NOW) accounts with interest rates of 0.50 or less. The TAGP insurance coverage is in addition to the increased coverage provided by the Emergency Economic Stabilization Act of 2008, which temporarily raises the basic FDIC deposit insurance coverage limits to $250,000 through December 31, 2013.About The Private Bank of California: The Bank is a California-chartered commercial bank providing a wide ...Click here to read the whole Article (external link)
The Private Bank of California Reports Positive Third Quarter 2009 Results
THE PRIVATE BANK OF CALIFORNIA Â Â FINANCIAL HIGHLIGHTS (Unaudited) Â Â Â Â Â Â September 30, June 30, 2009 2008 2009 Â AT END OF THE PERIOD: ...Click here to read the whole Article (external link)