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Atlantic Pacific Bank Reports Continued Profitability and Performance Results for Period Ending June 30, 2009.

Publication: Business Wire
Publication Date: 24-JUL-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
SANTA ROSA, Calif. -- Atlantic Pacific Bank (OTCBB:APFB) today reported that it has continued to increase its level of earnings and has achieved its fourth consecutive profitable quarter as a de novo bank. The bank reported net income for the quarter totaling $101,000 and year-to-date earnings totaling $171,000 for the period ending June 30, 2009, respectively. The de novo bank opened for business July 10, 2006.

Assets totaled $72,784,000 at June 30, 2009, representing an increase of 15.6% over...



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