Record Earnings and Growth Reported for 1st Quarter 2016
May 2, 2016 - PBB Bancorp today announced the results of operations for the first quarter 2016 which included the merger with First Mountain Bank ($148 million in Total Assets) that was successfully closed on January 29, 2016. The combined Balance Sheet as of the quarter end at March 31, 2016 reflected Total Assets increasing to $438.5 million; Net Loans increasing to $359.6 million; Total Deposits of $331.7 million; and Total Equity of $42.3 million. More»
PBB Bancorp Report for Full Year of 2015
February 11, 2016 – The parent company of Premier Business Bank (“Premier”), reported significant growth in net income and total assets for the year ended December 31, 2015. Net income for the year ended 2015 was $1.9mm or $0.55 per share, which included $257,000 of after-tax pre-merger expenses, reflected an increase of 155% over the prior year. Net interest income increased $3.0mm, or 47%, as compared to the prior year primarily due to the growth in the loan portfolio of $51.9mm early in the year. More»
About PBB Bancorp
PBB Bancorp is the holding company of Premier Business Bank, a full service community business bank headquartered in downtown Los Angeles, California. Premier has two additional locations in the South Bay region of Los Angeles County; a community-based full service retail branch in Palos Verdes and an SBA loan center in Torrance. And through a recent successful merger in the first quarter of 2016 with First Mountain Bank, Premier has three additional locations in San Bernardino County; community-based full service retail branches in Big Bear Lake, Running Springs, and Lucerne Valley.
Premier has a client-centric service philosophy that focuses on building banking relationships with individuals, small to mid-size businesses, family owned and closely held middle market businesses, real estate investors, professional management firms, and entrepreneurs. Premier offers a wide range of business and real estate lending products including SBA loans; 24/7 high-tech online banking services that include remote deposit capture and cash management; plus many in-branch banking services to meet the unique needs of its clients and the communities it serves
PBB BANCORP Market Makers
Crowell, Weedon and Co, a division of D.A. Davidson & Co.
42605 Moonridge Road, P.O. Box 1688
Big Bear Lake, CA 92315
Wedbush Securities-Managing Director, Investments
PCS Community Banking Group
One SW Columbia Street, Suite 1000
Portland, OR 97258
866-662-0351 toll free / 503-471-6795 fax
PBB Bancorp’s Transfer Agent
Computershare Trust Company, N.A.
350 Indiana Street, Suite 750, Golden, CO 80401
Phone: 303-262-0678 | www.computershare.com