Pacific Alliance Bank Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013
For the year, the company posted a net income of $1.07 million or $0.48 per share, compared with a net income of $0.072 million or $0.03 per share for 2012. The Bank's ROA as of December 30, 2013 is 0.80% and ROE is 6.62%. For the same period in 2012, ROA is 0.06% and ROE is 0.53%.