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2024-04-25 02:25:39 ET More on Commencement Bank Financial information for Commencement Bank Read the full article on Seeking Alpha For further details see: Commencement Bank declares $0.20 special dividend
TACOMA, WA / ACCESSWIRE / April 24, 2024 / Commencement Bancorp, Inc. (OTCQX:CBWA) (the "Company"), the holding company for Commencement Bank, announced at its 2023 Annual Meeting of Shareholders that its Board of Directors declared a special, one-time cash dividend of $0.20 per share of its com...
TACOMA, WA / ACCESSWIRE / April 12, 2024 / Commencement Bank (OTCQX:CBWA) is pleased to announce the upcoming move of the Bank's headquarters and Tacoma Branch from the current location at 1102 Commerce Street to the locally-owned office building at 1313 Broadway in downtown Tacoma. The move is ...
Full Year 2023 Highlights Year-over-year deposit growth of 6%, totaling 9% organic growth after eliminating brokered deposits. Cost of funds at year end was 1.73%, which compared favorably to peers. There were no borrowings at year-end 2023 compared to $26.9 million at year-end 2022. ...
TACOMA, WA / ACCESSWIRE / December 7, 2023 / Commencement Bank is honored to be recognized as one of South Sound Business's 2023 Best in Business recipients. South Sound Business Magazine recently held a contest that asked residents to vote on the "Best in Business" for several categories and in...
TACOMA, WA / ACCESSWIRE / December 5, 2023 / Commencement Bank (OTCQX:CBWA) is pleased to welcome new team members Cheril Daniels and Sandy Snider, after longstanding positions at Columbia Bank. Daniels will serve as Deposit Operations & Digital Services Team Leader, and Sandy Snider will se...
2023-11-08 09:30:32 ET Commencement Bank press release ( OTCQX:CBWA ): Q3 GAAP EPS of $0.19. Total loans grew to $437.2 million, or 10%, compared to $396.7 million the previous year. Third quarter 2023 saw a leverage ratio of 10.02% and a total capital ratio of 14.44%, an ...
Third Quarter 2023 Highlights: Total loans grew to $437.2 million, or 10%, compared to $396.7 million the previous year. Year-to-date net loan growth totaled $7.7 million. Non-performing assets remained well managed at the low level of .39%. The allowance for credit losses (ACL) on loans was...
TACOMA, WA / ACCESSWIRE / October 16, 2023 / Commencement Bank (OTCQX:CBWA) was granted regulatory approval to convert the Bank's Gig Harbor, Wash. loan production office into a full-service branch. This charter allows Commencement to offer the community its full spectrum of deposit and loan pro...
2023-08-04 17:27:37 ET Commencement Bank press release ( OTCQX:CBWA ): Q2 GAAP EPS of $0.18. Total loan balances were $435.3 million at quarter end, an increase of 12% compared to second quarter 2022. Total deposits increased 9%, to $562.3 million, compared to first quarte...
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TACOMA, WA / ACCESSWIRE / April 24, 2024 / Commencement Bancorp, Inc. (OTCQX:CBWA) (the "Company"), the holding company for Commencement Bank, announced at its 2023 Annual Meeting of Shareholders that its Board of Directors declared a special, one-time cash dividend of $0.20 per share of its com...
TACOMA, WA / ACCESSWIRE / April 12, 2024 / Commencement Bank (OTCQX:CBWA) is pleased to announce the upcoming move of the Bank's headquarters and Tacoma Branch from the current location at 1102 Commerce Street to the locally-owned office building at 1313 Broadway in downtown Tacoma. The move is ...
Full Year 2023 Highlights Year-over-year deposit growth of 6%, totaling 9% organic growth after eliminating brokered deposits. Cost of funds at year end was 1.73%, which compared favorably to peers. There were no borrowings at year-end 2023 compared to $26.9 million at year-end 2022. ...