First Choice Bancorp Announces Third Quarter 2019 Financial Results
First Choice Bancorp (FCBP)
US:NASDAQ Investor Relations:
businesswire.com/news/home/20171218005205/en/choice-bank-receives-approval-form-bank-holding
Company Research
Source: GlobeNewswire
Current Quarter Highlights ?Record Net income of $8.1 million or $0.68 per diluted share ?Net interest margin of 5.52% ?Return on average assets and average equity of 1.98% and 12.45% ?Noninterest-bearing demand deposits increased $118.8 million and represented 49.7% of total deposits at September 30, 2019 Cerritos, CA, Oct. 22, 2019 (GLOBE NEWSWIRE) -- First Choice Bancorp (NASDAQ: FCBP) (the “Company”), the holding company of First Choice Bank (the “Bank”), today reported net income of $8.1 million for the third quarter of 2019, or $0.68 per diluted share, compared to net income of $6.8 million, or $0.58 per diluted share, for the second quarter of 2019. “In addition to delivering another strong quarter for our shareholders, we are very pleased to be recently recognized as one of the Best Banks to Work For in 2019 by the American Banker,” said Peter Hui, Chairman of the Board. “This is the second consecutive year that First Choice Bank has been the only Southern Californ
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