Chino Commercial Bank Receives Super Premier Performing Recognition
Chino Commercial Bank, a subsidiary of Chino Commercial Bancorp (OTC: CCBC), has been awarded the highest rating of Super Premier Performing Bank by The Findley Reports on Financial Institutions. This recognition reflects the bank's exceptional financial and operational performance in 2022, assessed through factors such as profitability, return on equity, and loan performance. President and CEO Dann H. Bowman expressed satisfaction with the accolade, highlighting the bank's increased revenue, earnings per share, and strong credit performance throughout the year. The bank maintains a robust capital position and low loan losses, positioning it well to serve local consumers and businesses effectively.
- Awarded 'Super Premier Performing Bank' by Findley Reports.
- Increased revenue, earnings, and earnings per share in 2022.
- Strong capital position with low loan losses.
- None.
CHINO, Calif., April 12, 2023 (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, and Upland received the recognition from Findley for its financial and operational performance during the 2022 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. 2022 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 lend to the consumers and businesses in our area.”
Contact: Dann H. Bowman, President and CEO or Melinda Milincu, Vice President and CFO, Chino Commercial Bank, N.A., 14245 Pipeline Avenue, Chino, Ca. 91710, (909) 393-8880.
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