Pacific Alliance Bank Reports Unaudited Earnings Results for the Six Months Ended June 30, 2017
Pacific Alliance Bank reported unaudited earnings results for the six months ended June 30, 2017. For the period, the company reported net income after income taxes of $1,083,000 or $0.35 per share, compared with a net income of $1,044,000 or $0.34 per share for the same period in 2016. The Bank's ROA as of June 30, 2017 was 0.82% and ROE was 6.97%. For the same period in 2016, ROA was 0.84% and ROE was 7.51%.