Triad Business Bank (OTC Pink - "TBBC"), February 9, 2024, Announces Unaudited Results for 2023, Including Fourth Quarter Results
TRIAD BUSINESS BANK (TBBC)
Company Research
Source: PR Newswire
GREENSBORO, N.C., Feb. 9, 2024 /PRNewswire/ --OverviewCEO Ramsey K. Hamadi commented, "On December 31, 2023, Triad Business Bank (the "Bank") completed its third full year of operations and achieved the $500 million total asset milestone. Despite volatility in the interest rate environment, the Bank continues to grow profitable commercial relationships, with sound credit administration, strong capital and a clear vision. The Bank is narrowly focused on supporting commercial and industrial growth in the Triad. The Bank processed nearly $5.7 billion of customer deposit transactions during 2023, which is a 12% increase from 2022. In 2023, the Bank expanded its commercial deposit customers by 131 accounts, which was a 24% increase in its business relationships. These new customers brought new deposit and loan relationships to the Bank. For the year, the Bank originated 151 new loans totaling $163 million and resulted in $61 million of growth in outstanding loan balances. Paramount
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- Triad Business Bank (OTC Pink - "TBBC"), May 2, 2024, Announces Unaudited First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Triad Business Bank (OTC Pink - "TBBC"), May 2, 2024, Announces Unaudited First Quarter 2024 ResultsPR Newswire
- Triad Business Bank (OTC Pink - "TBBC"), February 9, 2024, Announces Unaudited Results for 2023, Including Fourth Quarter Results [Yahoo! Finance]Yahoo! Finance