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Americas United Bank, the Largest Hispanic-Owned Bank Based in California, Reports Record Assets at June 30, 2009.
Publication:
Business Wire
Publication Date: 30-JUL-09 |
Format: Online
Delivery: Immediate Online Access |
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Article Excerpt
GLENDALE, Calif. -- Americas United Bank (OTCBB: AUNB) today announced its unaudited 2009 second quarter results. As of June 30, 2009, the company had total assets of $119.4 million or a 6.2% increase over the December 31, 2008 year-end total assets of $112.4 million.
As of June 30, 2009, the company grew total loans to $104.2 million, or a 21.2% increase over the December 31, 2008 balance of $86.0 million. Total deposits increased to $87.6 million or 10.9% over the December 31, 2008 balance of $79.0 million.
"I am pleased to report that amidst these very challenging times, AUB continues to grow in a safe and sound manner, and is well-positioned to take advantage of market opportunities that exist in the...
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