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Archived Press Releases and Stock Market News for Coronado First Bank (CDFB/CDFB.OB )

Capital Pacific Bank CEO Speaks on Growing Organically, While Relying Less on Brokered Funds

Capital Pacific Bank CEO Speaks on Growing Organically, While Relying Less on Brokered Funds On Tuesday July 14, 2009, 5:13 pm EDT Buzz up! Print
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Coronado First Bank Turns Profitable in Second Quarter

Coronado First Bank Turns Profitable in Second Quarter Press Release Source: Coronado First Bank On Monday July 13, 2009, 11:30 am EDT Buzz up!
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Coronado First Bank Nominates Tom Page to Succeed Jerry Sanders on Board

Press Release Source: Coronado First Bank Coronado First Bank Nominates Tom Page to Succeed Jerry Sanders on Board On Monday June 1, 2009, 11:30 am EDT CORONADO, Calif.--()--The Board of Directors of Coronado First Bank (the “Bank”) (OTCBB:CDFB) has nominated Thomas A. Page, the former President and CEO of San Diego Gas & Electric Company, to serve on the Bank’s Board. If elected at the Bank’s Annual Meeting on July 30th, Mr. Page would fill the Board seat being vacated by San Diego Mayor Jerry Sanders. Mr. Sanders
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Coronado First Bank Turns Profitable in March

Press Release Source: Coronado First Bank Coronado First Bank Turns Profitable in March Monday April 13, 2009, 11:30 am EDT CORONADO, Calif.--()--Bruce Ives, President and CEO of Coronado First Bank (the “Bank”) (OTCBB: CDFB), announced unaudited financial results for the first quarter ended March 31, 2009. Total assets grew to $82 million and total deposits grew to $70 million, an increase of 38% and 52% over March 31, 2008, respectively. The Bank had total loan commitments of just over $99 million with loan outstandings at March
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Coronado First Bank Experiences Strong and Stable Growth in 2008

(OTCBB:CDFB) Coronado First Bank (Coronado, CA) Press ReleaseSource: Coronado First Bank Coronado First Bank Experiences Strong and Stable Growth in 2008Monday January 26, 2:26 pm ET CORONADO, Calif.-Bruce Ives, President and CEO of Coronado First Bank announced unaudited financial results for the fourth quarter ended Dec. 31, 2008. Total assets grew to $72 million at Dec. 31, 2008 and total deposits grew to $58 million, an increase of 23% each, over the same period in 2007, respectively. The Bank had total loans, net of reserves, at quarter-end of $60 million, an increase of 51% over Dec. 31, 2007. Total revenue increased 23% over Dec. 31, 2007 to $4,136,000. The Bank?s net interest margin of 4.11% continues to be one of the highest in it?s peer group.
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Ken Baker Joins the Coronado First Bank Team

(OTCBB:CDFB) Coronado First Bank (Coronado, CA) Press ReleaseSource: Coronado First Bank Ken Baker Joins the Coronado First Bank TeamMonday December 1, 11:30 am ET CORONADO, Calif.-Bruce Ives, President and CEO of Coronado First Bank , announced recently that they have added another seasoned banking veteran, Ken Baker, to the CFB Team. Ken Baker started his banking career over 25 years ago with First Interstate Bank and was most recently a Senior Vice President and Commercial Loan Officer for Pacific Western Bank in North County. He will serve as Senior Vice President and Commercial Loan Officer with CFB and his responsibilities will include lending, underwriting and business development for the Bank?s new downtown office. Ive
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Coronado First Bank Continues Strong and Stable Growth with Emphasis on Quality

(OTCBB:CDFB) Coronado First Bank (Coronado, CA) Press ReleaseSource: Coronado First Bank Coronado First Bank Continues Strong and Stable Growth with Emphasis on QualityThursday October 9, 11:30 am ET CORONADO, Calif.-Bruce Ives, President and CEO of Coronado First Bank , announced financial results for the third quarter ended Sept. 30, 2008. Total assets grew to $67 million and total deposits grew to $53 million, an increase of 41% and 50% over the same period in 2007, respectively. The Bank had total loans, net of reserves, at quarter-end of $51 million, an increase of 34% over Sept. 30, 2007. Total revenue increased 30% over Sept. 30, 2007 to $3,049,000. The net interest margin of 4.4% continues to be one of the highest in the Bank?s peer group. Mr. Ives stated, ?In these tumultuo
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