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1.67580833905684E-16 1.67580833905684E-16 0 0.0471698113207547 0.0471698113207547 0.0471698113207547 0.0471698113207547 0.0471698113207547
Stock impact report

Triad Business Bank (OTC Pink - "TBBC"), February 9, 2024, Announces Unaudited Results for 2023, Including Fourth Quarter Results [Yahoo! Finance]

TRIAD BUSINESS BANK (TBBC) 
Company Research Source: Yahoo! Finance
GREENSBORO, N.C. Feb. 9, 2024 /PRNewswire/ -- Overview CEO 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 Show less Read more
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