Business News • MarketWire • Focus Business Bank Announces Financial Results for the Quarter and Six Months Ended June 30, 2010 |
Focus Business Bank Announces Financial Results for the Quarter and Six Months Ended June 30, 2010 |
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Focus Business Bank Announces Financial Results for the Quarter and Six Months Ended June 30, 2010
SAN JOSE, CA--(Marketwire - July 28, 2010) - Focus Business Bank (OTCBB: FCSB) announced
unaudited financial results for the quarter and six months ended June 30,
2010. The Bank reported net income of $32,000, or $0.01 per share, for the
quarter ended June 30, 2010, its first profitable quarter. This compared
to a net loss of $307,000, or ($0.11) per share, for the trailing quarter
ended March 31, 2010 and a net loss of $1,589,000, or ($0.57) per share,
for the quarter ended June 30, 2009. For the six months ended June 30,
2010, the Bank reported a loss of $275,000, or ($0.10) per share, compared
to a loss of $1,963,000, or ($0.71) per share, for the six months ended
June 30, 2009.
View More : http://www.marketwire.com/mw/release.do?id=1297162&sourceType=3
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