LAKEWOOD, Colo., Feb. 7, 2013 (GLOBE NEWSWIRE) -- Solera National Bancorp, Inc. (OTCBB:SLRK), the holding company for Solera National Bank, today announced that Douglas Crichfield, President and Chief Executive Officer, is scheduled to participate in Sterne Agee's 2013 Financial Institutions Investor Conference. The conference is scheduled for February 11-13 at the Doral Golf Resort & Spa, Miami, Florida.
To schedule a one-on-one meeting with Mr. Crichfield, or for information on this conference, please contact your Stern Agee representative or contact Brett Rabatin, Managing Director, Equity Research at Stern Agee & Leach, Inc., at 915.574.1503.
Solera National Bank recently reported earnings of $281,000, or $0.11 per share in 2012, up 16% compared to $242,000, or $0.09 per share in 2011. Growing loan demand generated a 7% year-over-year increase in loans and contributed to profitability in 2012. Net income for the fourth quarter of 2012 was $113,000, or $0.04 per share, compared to $74,000, or $0.03 per share in the preceding quarter and $166,000, or $0.07 per share in the fourth quarter a year ago.
About Sterne, Agee & Leach, Inc.
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About Solera National Bancorp, Inc.
Solera National Bancorp, Inc. was incorporated in 2006 to organize and serve as the holding company for Solera National Bank which opened for business on September 10, 2007. Solera National Bank is a traditional, community, commercial bank with a specialized focus serving the Hispanic market. It prides itself in delivering personalized customer service — welcoming, inclusive and respectful — combined with leading-edge banking capabilities. The Bank is also actively involved in the community in which it serves. For more information, visit http://www.solerabank.com.
CONTACT: SOLERA NATIONAL BANCORP, INC. DOUGLAS CRICHFIELD, PRESIDENT & CEO (303) 937-6429 ROBERT J. FENTON, EVP & CFO (303) 202-0933Source:Solera National Bancorp, Inc