Business NewsMarketWire • 1st Capital Bank Announces Second Quarter 2016 Financial Results; Record First Half Pre-Tax Earnings

1st Capital Bank Announces Second Quarter 2016 Financial Results; Record First Half Pre-Tax Earnings

1st Capital Bank Announces Second Quarter 2016 Financial Results; Record First Half Pre-Tax Earnings

MONTEREY, CA--(Marketwired - Jul 29, 2016) - 1st Capital Bank (OTC PINK: FISB) reported net income of $689 thousand for the three months ended June 30, 2016, an increase of 14.7% compared to net income of $601 thousand in the three months ended June 30, 2015 and a decrease of 2.2% compared to income of $704 thousand in the three months ended March 31, 2016, the immediately preceding quarter. Earnings per share were $0.17 (diluted), compared to $0.17 (diluted) for the prior quarter.

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