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CHICO, Calif., July 11, 2019 (GLOBE NEWSWIRE) -- Northern California National Bank (OTC markets: NCNB) reported net income of $1,495,000 for the six months ending June 30, 2019. This is a 40% increase in net income from the $1,065,000 earned in the first six months of 2018.
Financial Highlights for the quarter ended June 30, 2019
“We are very proud of our financial results in the first half of 2019,” said President and CEO Todd Lewis. “The Bank continues to have large increases in income, deposits and total assets year over year. Northern California National Bank will continue to support our community, schools, businesses and the individuals of Butte County as we recover from the natural disasters and other challenges that our region has faced over the last year.”
Todd Lewis also said, “Our excellent financial results are directly related to the great customers, shareholders, employees and Board Members of the Bank. We were excited to recently announce the addition of two new Board members of the Bank; Sean Morgan and Lisa Speegle. They will be great additions to our team.”
Located at the corner of 7th Avenue and Mangrove, Northern California National Bank is a locally owned and operated bank servicing the needs of the businesses and individuals in Northern California since March 2006. The Bank has a full service branch in Chico, CA and a Loan Production Office in Sacramento, CA. For more information call (530) 879-5900 or visit the website at www.norcalbank.com.
|Northern California National Bank|