Brief: Private Bancorp Of America Inc Announces Third Quarter 2022 Financial Results

Private Bancorp of America

21/10/2022 13:35

Oct 21 (Reuters) - CalPrivate Bank  PBAM.PK :
    * PRIVATE BANCORP OF AMERICA, INC. ANNOUNCES THIRD QUARTER
2022
FINANCIAL RESULTS
    * CALPRIVATE BANK Q3 EARNINGS PER SHARE $1.12
    * CALPRIVATE BANK - NET INTEREST INCOME FOR Q3 TOTALED $20.6
MILLION, REPRESENTING AN INCREASE OF $2.6 MILLION OR 14.6%
COMPARED TO Q2 OF 2022
    * CALPRIVATE BANK - NET INTEREST MARGIN FOR Q3'22 WAS 4.99%
COMPARED TO 4.61% FOR Q2 OF 2022
    * CALPRIVATE BANK - PROVISION FOR LOAN LOSSES FOR Q3 WAS
$1.3
MILLION, AN INCREASE OF $657 THOUSAND COMPARED TO Q2 OF 2022

Source text for Eikon:  ID:nGNX68k94H 
Further company coverage:  PBAM.PK 
 ((Reuters.Briefs@thomsonreuters.com;))