LAFAYETTE, Calif., Jan. 30, 2017 (GLOBE NEWSWIRE) -- California Bank of Commerce (OTCQX:CABC), a San Francisco Bay Area business bank, today announced that Terry A. Peterson, President and CEO will attend the FIG Partners’ 8th Annual West Coast Bank CEO Forum at the Omni Hotel in Los Angeles on February 1 and 2 2017.
For more information on the conference, or to schedule a one-on-one meeting, please contact your FIG representative, or Cathy Jeff at 404-601-7200.
On January 23, California Bank of Commerce reported record 2016 profits, which grew 129% to $5.2 million from $2.3 million in 2015. Profitability was fueled by strong organic loan and deposit growth, contributions from its 2015 acquisition of Pan Pacific Bank, above average net interest margin, and improving operating efficiencies.
About FIG Partners
FIG Partners LLC is an employee-owned broker/dealer specializing in financial institutions. Its expertise includes independent research on more than 120 public bank stocks and the industry at large. FIG has advised on more than $2.6 billion of M&A transaction value since 2007 and provides OTC market-making for 750 banks nationwide.
About California Bank of Commerce
California Bank of Commerce offers a broad range of commercial banking services to closely held businesses and professionals located throughout the San Francisco Bay Area. The stock trades on the OTCQX marketplace under the symbol CABC. For more information on California Bank of Commerce, call us at (510) 457-3751, or visit us at www.californiabankofcommerce.com.
Source:California Bank of Commerce