September 29, 2016 12:06 PM ET

Banks

Company Overview of First National Bank of Northern California

Company Overview

First National Bank of Northern California operates as a community bank. It offers business banking services, which include business checking, business savings, merchant services, and nonprofit banking services; loans/lines, such as lines of credit, term loans, vehicle financing, credit card, receivable/inventory financing, equipment loans, and commercial real estate services; online banking services, including business online banking and bill payment services; and card services, such as debit MasterCard, credit card, and customer services. The company also provides personal banking services comprising personal checking and personal savings accounts, money market accounts, certificates of de...

975 El Camino Real

South San Francisco, CA 94080

United States

Founded in 1963

Phone:

650-583-8450

Fax:

650-755-6421

Key Executives for First National Bank of Northern California

Chief Executive Officer, Secretary and Director
Age: 64
President and Director
Age: 59
Chief Financial Officer, Senior Vice President, Chief Financial Officer of FNB Bancorp and Senior Vice President of FNB Bancorp
Age: 57
Chief Operating Officer, Executive Vice President and Director
Age: 53
Executive Development Director
Compensation as of Fiscal Year 2016.

First National Bank of Northern California Key Developments

First National Bank of Northern California Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended Dec. 31, 2015

First National Bank of Northern California announced unaudited consolidated earnings results for the fourth quarter and year ended Dec. 31, 2015. For the quarter, the company announced interest income of $11,021,000 compared to $9,315,000 for the same period a year ago. Net interest income was $10,226,000 compared to $8,784,000 for the same period a year ago. Income before income taxes was $3,169,000 compared to $6,640,000 for the same period a year ago. Net earnings available to common shareholders were $2,088,000 compared to $4,123,000 for the same period a year ago. Diluted earnings per share were $0.45 compared to $0.89 for the same period a year ago. Return on average assets was 0.74% compared to 1.80% for the same period a year ago. Return on average equity was 7.67% compared to 17.45% for the same period a year ago. For the year, the company announced interest income of $39,282,000 compared to $36,859,000 for the same period a year ago. Net interest income was $36,685,000 compared to $34,766,000 for the same period a year ago. Income before income taxes was $11,561,000 compared to $14,507,000 for the same period a year ago. Net earnings available to common shareholders were $8,197,000 compared to $9,239,000 for the same period a year ago. Diluted earnings per share were $1.77 compared to $2.01 for the same period a year ago. Return on average assets was 0.81% compared to 1.02% for the same period a year ago. Return on average equity was 8.15% compared to 10.16% for the same period a year ago.

First National Bank of Northern California Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

First National Bank of Northern California announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company announced interest income of $9,300,000 compared to $9,267,000 for the same period a year ago. Net interest income was $8,705,000 compared to $8,712,000 for the same period a year ago. Income before provision for income taxes was $3,108,000 compared to $2,482,000 for the same period a year ago. Net earnings available to common shareholders were $2,071,000 compared to $1,629,000 for the same period a year ago. Diluted earnings per share were $0.47 compared to $0.37 for the same period a year ago. Return on average assets (annualized) was 0.87% compared to 0.72% for the same period a year ago. Return on average equity (annualized) was 8.31% compared to 7.32% for the same period a year ago. For the six months, the company announced interest income of $18,368,000 compared to $18,244,000 for the same period a year ago. Net interest income was $17,259,000 compared to $17,220,000 for the same period a year ago. Income before provision for income taxes was $5,722,000 compared to $5,119,000 for the same period a year ago. Net earnings available to common shareholders were $3,870,000 compared to $3,293,000 for the same period a year ago. Diluted earnings per share were $0.88 compared to $0.76 for the same period a year ago. Return on average assets (annualized) was 0.83% compared to 0.74% for the same period a year ago. Return on average equity (annualized) was 7.82% compared to 7.41% for the same period a year ago.

First National Bank of Northern California Declares First Quarter Cash Dividend Payable on February 13, 2015

National Bank of Northern California, announced that its Board of Directors has declared a quarterly cash dividend of twelve cents per share on the Company's Common Stock totaling approximately $486,373.80. The dividend is payable on February 13, 2015 to shareholders of record as of January 30, 2015.

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Recent Private Companies Transactions

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