Source: SYS-CON MEDIA

PROAMÉRICA Bank: ProAmerica Bank Reports Third Quarter Results of Operations

ProAmérica Bank (OTCQB: PMRA) today reported Net Income of $339,000 for the three months ended September 30, 2015, or $0.11 per diluted common share compared to Net Income of $185,000, or $0.07 per diluted common share for the three months ended September 30, 2014. Total Assets at September 30, 2015 were $211.1 million, an increase of $49.7 million or 31% as compared to September 30, 2014. "Our growth and earnings reflect our focused approach to developing new business and expanding existing relationships. We are pleased with the growth," stated Sal Varela, Interim President and CEO. "These results are very positive and reflect the team's efforts and commitment to growing our business," said Chairwoman Maria S. Salinas.read more

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Est. Annual Revenue
$5.0-25M
Est. Employees
25-100
Bruce Mills's photo - President & CEO of PROAMÉRICA Bank

President & CEO

Bruce Mills

CEO Approval Rating

69/100

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