Plaza Bank (PZBW) news stock charts
Plaza Bank (PZBW/PZBW.OB) Investment Summary:
Plaza Bank provides commercial banking services in the Pacific Northwest. It offers checking accounts, savings accounts, loans, and treasury management products and services to individuals, small business customers, and commercial banking customers. The bank offers loans, such as secured and unsecured loans, personal lines of credit, home equity loans, and home equity lines of credit. It also offers convenience banking services, including online banking and BillPay, telephone banking, debit and ATM cards, cashier’s checks, traveler’s cards, foreign remittance services, and foreign and domestic wire transfers. The company was founded in 2006 and is based in Seattle, Washington.PLAZA BANK (PZBW:OTC Bulletin Board Market)
Snapshot of PLAZA BANK (PZBW)
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OPEN
$2.20
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PREVIOUS CLOSE
$1.90
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DAY HIGH
$2.20
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DAY LOW
$2.20
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52 WEEK HIGH
07/6/09 - $3.85
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52 WEEK LOW
12/17/09 - $1.07
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MARKET CAP
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AVERAGE VOLUME 10 D
420.0
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EPS TTM
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SHARES OUTSTANDING
0.0
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PZBW Does Not Pay Dividends
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P/E TTM
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Key developments for PLAZA BANK (PZBW)
Plaza Bank reported unaudited earnings results for the fourth quarter and full year ended December 31, 2009. Net income was $121,000 against net loss of $1.2 million for the same period in the last year. Interest income was $1.8 million against $1.3 million for the same period in the last year. Net interest income before provision was $1.1 million against $639,000 for the same period in the last year. Net interest income increased to $3.7 million before provisions for loan losses for the year ended December 31, 2009, an increase from $2.4 million in 2008. Net loss was $5.3 million against net loss of $3.0 million for the same period in the last year. Interest income was $6.1 million against $5.0 million for the same period in the last year.
Plaza Bank reported earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the bank's net loss was $793,000, compared to a net loss of $578,000 for the quarter ended September 30, 2008. For the nine months, the net loss was $3,751,000, compared to $1,505,000 for the same period in 2008.
Plaza Bank announced that the Carpenter Community BancFund received approval from the Federal Reserve Bank to complete its planned investment in the Bank. Concurrent with the Fund's investment, the Bank will add three new outside members to its Board of Directors and will appoint several new Executive Management Team members, including Mr. Terry Robinson as Chief Executive Officer and Mr. Gene Galloway as President. Mr. Robinson and Mr. Galloway will also join the Bank's Board of Directors. As a longtime community banker, Terry Robinson joins the Bank as CEO after completing a successful twenty-year career as CEO of the Vintage Bank and North Bay Bancorp. Mr. Gene Galloway is a career southern California banker, with a long professional history in regional banking at California Federal Bank, Crocker National Bank, and Sanwa Bank, California. The Bank is also announced that Mr. Charles Kenny, former Chief Executive Office of Century City-based the Private Bank of California, Mr. Thomas Rogers, veteran Orange County banker and former Irvine Company Treasurer, and Mr. James Jones, a partner of the Fund's general partner, will also be joining the Board of Directors.
Plaza Bank financial resources
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Industry Analysis
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More Recent Financial News About Plaza Bank
Plaza Bank Reports Positive Results for the Quarter Ended December 31, 2009
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Plaza Bank Reports Positive Results for the Quarter Ended December 31, 2009
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