Business NewsMarketWire • 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

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.

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