Pacific Alliance Bank Reports Earnings Results for the Month and Third Quarter Ended September 30, 2013
For the third quarter, the bank reported net income of $335,000 or $0.15 per share in the compared to $79,000 or $0.04 a year ago. The bank's return on asset as of September 30, 2013 is 0.87% and return on equity is 7.10%. For the same period in 2012, negative return on asset was 0.26% and negative return on equity was 2.54%.