Industry News

Valley Commerce Bancorp, parent company of Valley Business Bank, reported second-quarter earnings of $1.1 million, or $0.37 per share. That's an increase over the earnings of $911,000, or $0.31 per share, in the second quarter of 2015.. "We have diligently adhered to conservative credit fundamentals and are confident that our core earnings will remain strong despite looming economic challenges," said Allan W. Stone, president and CEO."/>
BRIEF: Valley Commerce Bancorp announces 2nd-quarter income [The Fresno Bee]
United Security Bancshares, the Fresno-based parent of United Security Bank, reported an income of $2.021 million, or $0.12 per share, during the second quarter of 2016. It's just short of the $2.063 million, or $0.13 per share, of the same quarter in 2015.. "We have experienced exceptional growth in our loan portfolio during the first half of the year while maintaining strong liquidity and capital levels," said Dennis R. Woods, president and chief executive officer."/>
BRIEF: United Security Bancshares reports $2 million second-quarter profit [The Fresno Bee]
Starbucks and fast-charging Peet's. InHouse Ventures has purchased the business from Chris and Terri Martin, who bought 100 acres of property on Taylor Lane in Occidental in 1991 and two years later started roasting organic coffee beans for the wholesale market in an old barn on..."/>
Taylor Maid Farms coffee sold to Healdsburg investment firm [The Press Democrat, Santa Rosa, Calif.]
Chicago Tribune Gail MarksJarvis column [Chicago Tribune]
Equity Bancshares plans to merge with Community First Bancshares in Harrison, Ark., which operates five Community First Bank branches and has assets of $475 million. Under a merger agreement, Equity would be the succeeding institution and increase its assets to more than $2 billion."/>
BRIEF: Equity looks to grow through Arkansas bank merger [The Wichita Eagle]
AltaPacific Bank, today reported year-to-date net income totaling $2,082,000, or $0.36 per diluted share, and quarterly net income totaling $1,131,000, or $0.19 per diluted share, for the period ending June 30, 2016, respectively. Assets for the Company totaled $356,841,000 at June 30, 2016, representing a decrease of $6.6 million over March 31, 2016 and an increase of $11.1 million over December 31, 2015."/>
AltaPacific Bancorp Reports Earnings for Second Quarter 2016
Citigroup all reported sliding second-quarter profits on revenue declines."/>
PNC reports slip in 2Q earnings as low interest rates hamper banks [The Pittsburgh Tribune-Review]
Local business briefs [Herald-Times, Bloomington, Ind.]
American Hotel Income Properties REIT LP announced today a cash distribution of US $0.054 per limited partnership unit for the period of July 1, 2016 to July 31, 2016, which is equivalent to US $0.648 per Unit on an annualized basis. The distribution will be paid on August 12, 2016 to unitholders of record at the close of business on July 29, 2016.. The policy of AHIP is to pay cash distributions on or about the 15th day of each month to the unitholders of record..."/>
American Hotel Income Properties REIT LP Announces July 2016 U.S. Dollar Cash Distribution and Schedules Q2 2016 Financial Results Conference Call
Summit Industrial Income REIT announced today a $0.042 per Unit cash distribution to be paid on August 15, 2016 to Unitholders of record on July 31, 2016.. Summit II's amended and restated distribution reinvestment plan provides residents of Canada the opportunity to elect to have their cash distributions reinvested in additional units of Summit II. Details about the DRIP and registration forms can be found on Summit II's website at..."/>
Summit Industrial Income REIT Announces July 2016 Cash Distribution
Central Pacific Financial Corp., parent company of Central Pacific Bank, will release its second quarter 2016 earnings on July 28, 2016, before the open of the New York Stock Exchange. Management will review the second quarter results by conference call and live audio webcast beginning at 1:00 p.m. Eastern Time on July 28, 2016.. Interested parties may listen to the conference by calling 1-877-505-7644, or by listening to the webcast on the..."/>
Central Pacific Financial Corp. Conference Call To Discuss Second Quarter 2016 Financial Results
Value Line, Inc.’ s common stock adopted on September 19, 2012, with $835 thousand remaining under the program as of July 15, 2016. ANNOUNCES FISCAL YEAR EARNINGS, A QUARTERLY CASH DIVIDEND OF $0.17 PER COMMON SHARE AND REAFFIRMS SHARE BUYBACK PROGRAM. Value Line, Inc., reports results for the fiscal year ended..."/>
CORRECTING and REPLACING Value Line, Inc. Announces Fiscal Year Earnings, a Quarterly Cash Dividend of $0.17 Per Common Share and Reaffirms Share Buyback Program
True North Commercial Real Estate Investment Trust today announced a cash distribution of $0.0495 per trust unit for the period from July 1, 2016 and ending July 29, 2016. The distribution will be payable on August 15, 2016 to unitholders of record as at July 29, 2016.. Unitholders can participate in the REIT's unitholder Distribution Reinvestment Plan."/>
True North Commercial REIT Announces July 2016 Distribution

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