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Chino Commercial Bancorp - $CCBC STOCK NEWS

Welcome to our dedicated page for Chino Commercial Bancorp news (Ticker: $CCBC), a resource for investors and traders seeking the latest updates and insights on Chino Commercial Bancorp stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Chino Commercial Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Chino Commercial Bancorp reported a 6% increase in net earnings for the first quarter of 2024 compared to the same period last year. Net earnings were $1.24 million, with earnings per share at $0.39. The company's loan quality remained strong, and it saw growth in its merchant services revenue. The Bank also received approval to open a new branch office in Corona and completed the purchase of a commercial building for this purpose. Total assets increased to $461.5 million, with total deposits and gross loans also showing growth. Non-interest income increased by 30.05%, driven by merchant services processing revenue. Despite rising costs, the Bank's financial performance remained solid.
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Chino Commercial Bank, a subsidiary of Chino Commercial Bancorp (OTC: CCBC), was recognized as a 'Super Premier Performing Bank' by The Findley Reports for its outstanding financial and operational performance in 2023. The bank's President and CEO, Dann H. Bowman, expressed satisfaction with the increased revenue, earnings, and strong credit performance, highlighting plans for further lending expansion.
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Chino Commercial Bancorp (CCBC) announced a 4.54% increase in net earnings year-to-date, reaching $4.9 million for the fourth quarter of 2023. However, the net earnings for the fourth quarter decreased by 6.0% compared to the same period last year. Total net interest income reached an all-time high at $13 million. Credit quality remained strong with only one delinquent loan at year-end.
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Chino Commercial Bancorp announces Q3 2023 results with net earnings of $1.3 million, consistent with last year. Total assets reach all-time high at $465.8 million.
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Chino Commercial Bancorp

OTC:CCBC

CCBC Rankings

CCBC Stock Data

32.12M
2.18M
3.05%
Commercial Banking
Finance and Insurance
Link
United States of America
Chino

About CCBC

chino commercial bancorp operates as the bank holding company for chino commercial bank, n.a. that provides commercial banking services to individuals and small businesses primarily in the inland empire region of southern california. the company's deposit products include non-interest bearing deposits, money market accounts, checking and savings accounts, certificates of deposit, and individual retirement accounts. it also provides commercial loan products, such as lines of credit, letters of credit, term loans and equipment loans, commercial real estate loans, accounts receivable financing, factoring, equipment leasing, and other working capital financing; auto, home equity and home improvement lines of credit, and personal lines of credit; and real estate loan products comprising construction loans, lot loans, residential real estate brokerage, commercial real estate conduit sales, mini-perm commercial real estates, and home mortgages. in addition, the company offers credit and debit