Business News • MarketWire • Focus Business Bank Announces Unaudited Financial Results for the Quarter and Year Ended December 31, 2011 |
Focus Business Bank Announces Unaudited Financial Results for the Quarter and Year Ended December 31, 2011 |
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Focus Business Bank Announces Unaudited Financial Results for the Quarter and Year Ended December 31, 2011
SAN JOSE, CA--(Marketwire - Jan 27, 2012) - Focus Business Bank (OTCBB: FCSB) announced unaudited financial results for the quarter and twelve-months ended December 31, 2011. Net income, assets, loans and deposits at December 31, 2011, each represent record levels for the Bank. President and Chief Executive Officer Richard L. Conniff remarked, "Focus Business Bank is pleased to report its seventh consecutive profitable quarter, completing a full year of strong growth in assets and earnings. The Bank's commitment to serving the closely-held businesses of Santa Clara County has enabled us to achieve excellent growth in loans and deposits. The resulting increase in earning assets has led to record revenues which, coupled with careful management of operating expenses and credit costs, has resulted in record earnings."
View More : http://www.marketwire.com/mw/release.do?id=1612006&sourceType=3
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