Core Insights - Chino Commercial Bancorp reported a net earnings increase of 21.57% for Q3 2025, totaling $1.54 million compared to the same period last year [2] - The company achieved record levels in total deposits, total loans, revenue, earnings, and earnings per share during the third quarter [3] - The bank opened its fifth location in Corona, generating $20 million in new deposits shortly after its launch [4] Financial Performance - Year-to-date net earnings increased by 18.45% to $4.43 million, with earnings per share rising to $1.38 from $1.17 in the previous year [2] - Net interest income for Q3 2025 was $4.0 million, up from $3.4 million in Q3 2024, with a net interest margin of 3.79% compared to 3.08% in the prior year [6] - Non-interest income rose by 12.44% to $891.7 thousand, driven by higher service charges and fees, as well as a significant increase in merchant services processing revenue [7] Asset and Deposit Growth - Total assets reached $488.9 million, an increase of 4.8% from $466.7 million at the end of 2024 [4] - Total deposits rose by 10.7% to $386.0 million, with core deposits making up 97.09% of total deposits as of September 30, 2025 [4][12] - Gross loans increased by 2.7% to $210.8 million, with no delinquent loans reported at quarter-end [5] Expense and Taxation - General and administrative expenses totaled $2.8 million, up from $2.5 million in the same quarter last year, primarily due to increased salary and benefits [8] - Income tax expense for the quarter was $614.1 thousand, reflecting a 22.9% increase compared to the previous year [9] Financial Ratios - The annualized return on average equity improved to 13.32% from 12.39% year-over-year [13] - The core efficiency ratio decreased to 55.95% from 58.44%, indicating improved operational efficiency [14] - Non-performing loans as a percentage of total loans decreased to 0.39% from 0.60%, reflecting strong loan quality [14]

CHINO, Calif., Oct. 17, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Chino Commercial Bancorp (OTC: CCBC), the parent company of Chino Commercial Bank, N.A., announced the results of operations for the Bank and the consolidated holding company for the third quarter ended September 30, 2025. Net earnings for the third quarter of 2025 were $1.54 million, reflecting an increase of $273.6 thousand, or 21.57%, compared to the same period last year. Basic and diluted earnings per share were $0.48 for the th ...

Core Insights - Chino Commercial Bancorp reported strong financial performance for the second quarter of 2025, achieving record levels in total assets, deposits, net earnings, and total capital [3][4]. Financial Performance - Net earnings for Q2 2025 were $1.54 million, a 25.04% increase from $1.23 million in Q2 2024 [2][17]. - Year-to-date net earnings increased by 16.85% to $2.89 million compared to $2.48 million in the same period last year [2][17]. - Basic and diluted earnings per share rose to $0.48 in Q2 2025 from $0.38 in Q2 2024 [2][17]. Financial Condition - Total assets reached $481.9 million, up $15.3 million or 3.3% from $466.7 million at the end of 2024 [4][13]. - Total deposits increased by $22.7 million or 6.5% to $371.6 million from $348.9 million at the end of 2024 [4][13]. - Core deposits constituted 97.01% of total deposits as of June 30, 2025 [4][19]. Loan Quality - Gross loans increased by $1.02 million or 0.5% to $206.3 million as of June 30, 2025 [5]. - The bank reported no delinquent loans and three non-performing loans on non-accrual status [5][18]. Earnings Breakdown - Net interest income for Q2 2025 was $3.7 million, compared to $3.2 million in Q2 2024 [6]. - The net interest margin improved to 3.69% in Q2 2025 from 2.95% in Q2 2024 [6][18]. - Non-interest income totaled $1.0 million, a 23.0% increase from $822.0 thousand in Q2 2024, driven by higher service charges and fees [7][18]. Expenses and Tax - General and administrative expenses rose to $2.7 million in Q2 2025 from $2.3 million in Q2 2024, with salaries and benefits being the largest component [8]. - Income tax expense for the quarter was $614.9 thousand, reflecting a 26.7% increase compared to $485.5 thousand in the same period last year [9]. Key Financial Ratios - Annualized return on average equity was 13.88% for Q2 2025, up from 12.61% in Q2 2024 [18]. - Annualized return on average assets improved to 1.41% from 1.08% year-over-year [18]. - The core efficiency ratio decreased to 55.25% from 57.09% in the same period last year [18].

Core Insights - Chino Commercial Bank has been awarded the highest rating of "Super Premier Performing Bank" by The Findley Reports on Financial Institutions for its outstanding financial and operational performance in 2024 [1][2] - The recognition was based on several factors including profitability, return on beginning equity, and loan performance [1] - The bank experienced increased revenue, earnings, and earnings per share in 2024, alongside strong credit performance [2] Financial Performance - The bank's strong capital position and low loan losses position it well for future lending expansion to consumers and businesses in the area [2] - The bank operates branches in Chino, Ontario, Rancho Cucamonga, Upland, and plans to open a new branch in Corona [1]

CHINO, Calif., April 18, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Chino Commercial Bancorp (OTC: CCBC), the parent company of Chino Commercial Bank, N.A., announced the results of operations for the Bank and the consolidated holding company for the first quarter ended March 31, 2025. Net earnings for the first quarter of 2025 were $1.35 million, reflecting an increase of $108.6 thousand, or 8.7%, compared to the same period last year. Basic and diluted earnings per share were $0.41 for the first q ...