Chino Commercial Bank Receives Super Premier Performing Recognition
Rhea-AI Summary
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.
Positive
- Received highest rating 'Super Premier Performing Bank' from Findley Reports
- Increased revenue, earnings, and earnings per share in 2024
- Strong capital position and low loan losses reported
- Expanding operations with new branch planned in Corona
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, CCBC declined 4.60%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
CHINO, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- Chino Commercial Bank, the wholly owned subsidiary of Chino Commercial Bancorp (OTC: “CCBC”), was recently recognized by The Findley Reports on Financial Institutions by receiving Findley’s highest rating of “Super Premier Performing Bank.” The Bank, which has branches in Chino, Ontario, Rancho Cucamonga, Upland, and a new branch planned for Corona, received the recognition from Findley for its financial and operational performance during the 2024 year. The recognition by Findley was based upon multiple factors, including Profitability, Return on beginning Equity and Loan performance.
Dann H. Bowman, President and CEO, stated, “We are very pleased to receive Findley Reports’ highest rating of Super Premier Performing Bank. 2024 was a very good year for the Bank, with increased revenue, earnings and earnings per share, in addition to strong credit performance. With the Bank’s strong capital position and low loan losses, we are in a good position to expand lending to the consumers and businesses in our area.”
Contact: Dann H. Bowman, President and CEO or Melinda Milincu, Vice President and CFO, Chino Commercial Bank, N.A., 14245 Pipeline Avenue, Chino, Ca. 91710, (909) 393-8880.