LOS ANGELES, CA--(Marketwired - Apr 30, 2015) - ProAm�rica Bank (OTCQB: PMRA) today reported a Net Loss of $79,000 for the first quarter of 2015, or $0.03 per common share.�Net Income was $76,000, or $0.03 per diluted common share for the quarter ended March 31, 2014.�"The Bank's first quarterly loss in over three years resulted primarily from nonrecurring personnel expense," stated Sal Varela, Interim President and CEO.�"While this impacted our quarter, we have a strong loan pipeline and have implemented strategies to expand deposits.�With feedback from our customers, we have put a plan in place to improve overall service levels designed to expand our customer base and to keep the Bank competitive," said Varela.
