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TACOMA, WA / ACCESSWIRE / November 15, 2021 / Commencement Bancorp, Inc. (OTCQX:CBWA) (the "Company") announced today that its Board of Directors adopted a stock repurchase program for the purpose of repurchasing a limited number of shares of the Company's common stock. The repurchase progra...
2021 Third Quarter Financials: Total assets increased $36.7 million, or 7%, to $548 million on September 30, 2021 from $511.4 million for the period ending September 30, 2020. Loans decreased 17% to $352.4 million, resulting from Paycheck Protection Program (PPP) loan forgiveness. ...
2021 Second Quarter Financials: Total assets increased $13.3 million, or 2%, to $561.8 million at June 30, 2021 from $548.5 million for the period ending June 30, 2020. This increase is despite PPP loans decreasing due to forgiveness from $114.5 million to $60.3 million, compared to se...
Commencement Bank (CBWA): Q1 GAAP EPS of $0.38.Revenue of $4.86M (+1.0% Y/Y)Press Release For further details see: Commencement Bank reports Q1 results
2021 First Quarter Financial Highlights: Total assets increased $183.7 million, or 46%, to $579.1 million at March 31, 2021 from $395.4 million for the period ending March 31, 2020. Net income of $1.6 million, or $0.38 per share, was earned for the quarter ending March 31, 2021 ...
Commencement Bank (CBWA): Q4 GAAP EPS of $0.32.Revenue of $4.81M (+12.1% Y/Y)Press Release For further details see: Commencement Bank reports Q4 results
TACOMA, WA / ACCESSWIRE / February 2, 2021 / 2020 Financial Highlights: Total assets increased $140 million, or 36%, to $528 million at December 31, 2020 from $388 million at December 31, 2019. $97 million of the asset increase consists of Paycheck Protection Program (PPP) loans, for ...
TACOMA, WA / ACCESSWIRE / January 5, 2021 / Commencement Bank (OTCQX:CBWA) is pleased to announce that Greg Hansch, formerly VP & Commercial Loan Officer at Commencement, has accepted the role of SVP & Retail Banking Manager. This transition is a result of the retirement of EVP &...
TACOMA, WA / ACCESSWIRE / November 2, 2020 / Commencement Bancorp, Inc. (OTCQX:CBWA) (the "Company") announced today that its Board of Directors adopted a stock repurchase program for the purpose of repurchasing a limited number of shares of the Company's common stock. The repurchase program...
Commencement Bank (CBWA): Q3 GAAP EPS of $0.29.Revenue of $4.3M (-5.1% Y/Y)Press Release For further details see: Commencement Bank reports Q3 results
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2024 First Quarter Financial Highlights: Total loans ended the quarter at $446.8 million, a $11.7 million increase year-over-year. Interest income increased 13% year-over-year to $6.9 million. Non-interest income recognized an 8% increase compared to one year earlier. Elimin...
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 ...