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Chino Commercial Bank, a subsidiary of Chino Commercial Bancorp (OTC: CCBC), was recognized as a ‘Super Premier Performing Bank’ by The Findley Reports for its outstanding financial and operational performance in 2023. The bank’s President and CEO, Dann H. Bowman, expressed satisfaction with the increased revenue, earnings, and strong credit performance, highlighting plans for further lending expansion.
Positive
- Chino Commercial Bank received the highest rating of ‘Super Premier Performing Bank’ from The Findley Reports.
- The recognition was based on factors like Profitability, Return on Equity, and Loan performance.
- President and CEO Dann H. Bowman mentioned increased revenue, earnings, and earnings per share, along with strong credit performance.
- The bank plans to expand lending to consumers and businesses in the area due to its strong capital position and low loan losses.
CHINO, Calif., April 12, 2024 (GLOBE NEWSWIRE) — Chino Commercial Bank, the wholly owned subsidiary of Chino Commercial Bancorp (OTC: “CCBC”), was recently recognized by The Findley Reports on Financial Institutions by receiving Findley’s highest rating of “Super Premier Performing Bank.” The Bank, which has branches in Chino, Ontario, Rancho Cucamonga, Upland, and a new branch planned for Corona, received the recognition from Findley for its financial and operational performance during the 2023 year. The recognition by Findley was based upon multiple factors, including Profitability, Return on beginning Equity and Loan performance.
Dann H. Bowman, President and CEO, stated, “We are very pleased to receive Findley Reports’ highest rating of Super Premier Performing Bank. 2023 was a very good year for the Bank, with increased revenue, earnings and earnings per share, in addition to strong credit performance. With the Bank’s strong capital position and low loan losses, we are in a good position to expand lending to the consumers and businesses in our area.”
Chino Commercial Bank received the highest rating of ‘Super Premier Performing Bank’ from The Findley Reports.
The recognition was based on factors like Profitability, Return on Equity, and Loan performance.
President and CEO Dann H. Bowman mentioned increased revenue, earnings, and strong credit performance.
The bank plans to expand lending to consumers and businesses in the area due to its strong capital position and low loan losses.
OTC:CCBC
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Commercial Banking
Finance and Insurance
Regional Banks, Finance, Financial Conglomerates, Finance and Insurance, Commercial Banking
US
Chino
About CCBC
chino commercial bancorp operates as the bank holding company for chino commercial bank, n.a. that provides commercial banking services to individuals and small businesses primarily in the inland empire region of southern california. the company’s deposit products include non-interest bearing deposits, money market accounts, checking and savings accounts, certificates of deposit, and individual retirement accounts. it also provides commercial loan products, such as lines of credit, letters of credit, term loans and equipment loans, commercial real estate loans, accounts receivable financing, factoring, equipment leasing, and other working capital financing; auto, home equity and home improvement lines of credit, and personal lines of credit; and real estate loan products comprising construction loans, lot loans, residential real estate brokerage, commercial real estate conduit sales, mini-perm commercial real estates, and home mortgages. in addition, the company offers credit and debit
