2023-04-24 03:59:54 ET
- blueharbor bank press release ( OTCQX:BLHK ): Q1 GAAP EPS of $0.69.
- Revenue of $4.79M (+31.6% Y/Y).
- Total deposits were $365.1 million at March 31, 2023, an increase of $5.6 million, or 2%, when compared to $359.5 million at December 31, 2022.
- Capital levels also remained solid with total risk-based capital at 14.7%, both common equity tier 1 and tier 1 to risk-weighted assets of 13.8%, and tier 1 leverage ratio of 11.8% for the quarter ended March 31, 2023.
- The bank recorded a quarterly provision for credit losses of $0.04M for the first quarter of 2023, compared to a quarterly provision for credit losses of $0.15M for the same period in 2022.
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blueharbor bank GAAP EPS of $0.69, revenue of $4.79M