Welcome to our dedicated page for Chino Commercial news (Ticker: CCBC), a resource for investors and traders seeking the latest updates and insights on Chino Commercial stock.
Chino Commercial Bancorp (CCBC) delivers commercial banking services to Southern California's Inland Empire, specializing in small business financing and real estate loans. This page provides investors and stakeholders with a centralized source for all official announcements and financial developments.
Access timely updates including quarterly earnings reports, regulatory filings, leadership changes, and product launches. Our curated collection ensures you stay informed about CCBC's commercial lending strategies, deposit product innovations, and community banking initiatives without needing to track multiple sources.
Key coverage areas include financial results, regulatory compliance updates, loan portfolio expansions, and strategic partnerships. Bookmark this page for direct access to primary-source materials that impact investment analysis and market positioning in the regional banking sector.
Chino Commercial Bank (OTC: CCBC), a subsidiary of Chino Commercial Bancorp, has received the highest rating of "Super Premier Performing Bank" from The Findley Reports on Financial Institutions for its 2024 performance. The recognition was based on multiple factors including profitability, return on beginning equity, and loan performance.
The bank, which operates branches in Chino, Ontario, Rancho Cucamonga, and Upland, with a planned expansion in Corona, demonstrated strong financial results in 2024 with increased revenue, earnings, and earnings per share. President and CEO Dann H. Bowman highlighted the bank's strong capital position and low loan losses, positioning it well for expanded lending to local consumers and businesses.
Chino Commercial Bancorp (OTC: CCBC) reported strong first quarter 2025 results with net earnings of $1.35 million, an 8.7% increase from the previous year. Earnings per share rose to $0.41 from $0.38 in Q1 2024.
The bank achieved record levels in total Assets ($471.3M), Deposits ($367.3M), and Loans ($208.2M). The net interest margin improved to 3.51% from 2.86% year-over-year. Core deposits represented 96.85% of total deposits, and loan quality remained strong with no delinquent loans reported.
Notable developments include:
- Plans to open a fifth branch office in Corona during Q2 2025
- Launch of credit card processing services for customers
- Non-interest income growth of 10.6% to $855.6K
- Increase in service charges and fees by 15.1% to $506.4K
Chino Commercial Bancorp (OTC: CCBC) reported record earnings for Q4 2024, with net earnings of $1.40 million, up 13.8% from the same quarter last year. Net earnings per share reached $0.43, compared to $0.38 in Q4 2023. Year-to-date net earnings increased by 4.10% to $5.1 million.
Total assets grew to $466.7 million, up 4.54% year-over-year. Deposits increased by 9.08% to $348.8 million, with core deposits representing 97.31% of total deposits. Gross loans rose by 14.45% to $205.2 million. The company's net interest margin improved to 3.45% in Q4 2024 from 2.98% in Q4 2023.
The bank expanded its services by joining the Card Brand Association and offering merchant services, generating $134.0 thousand in processing revenue during Q4. Additionally, CCBC plans to open its fifth branch office in Corona in Q1 2025, which has already accumulated $9 million in deposits.
Chino Commercial Bancorp (OTC: CCBC) reported its Q3 2024 financial results. Net earnings year-to-date increased by 0.90% to $3.74 million, with earnings per share at $1.17. Q3 2024 net earnings were $1.27 million, a slight decrease of 0.60% compared to Q3 2023. Total assets reached $464.4 million, up 11.68% from December 31, 2023. Total deposits increased by 14.52% to $366.2 million, with core deposits representing 97.65% of total deposits. Gross loans grew by 8.4% to $194.4 million.
The company's net interest margin improved to 3.08% in Q3 2024 from 2.98% in Q3 2023. Non-interest income increased by 17.84% to $793.1 thousand, largely due to growth in merchant services processing revenue. General and administrative expenses rose to $2.5 million in Q3 2024. The bank's loan quality remained stable with only one delinquent loan at quarter-end.
Chino Commercial Bancorp (OTC: CCBC) reported a 1.65% increase in year-to-date net earnings to $2.48 million for Q2 2024. Net earnings per share rose to $0.77 from $0.76 year-over-year. However, Q2 2024 net earnings decreased by 2.7% to $1.23 million compared to the same quarter last year. Total assets grew by 4.84% to $468.0 million, while deposits increased by 6.2% to $339.7 million. Gross loans saw an 8.7% increase to $194.6 million. The bank's loan quality remains strong with no delinquent loans or foreclosures. CCBC also expanded its services, including merchant services processing, and received approval to open a new branch in Corona, expected in Q4 2024.
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