Quarterly cash dividend announced by TriCo Bancshares.
Here's A Scoop on TriCounties Bank:
Hey there, folks! Let's chat about TriCounties Bank, a bankin' powerhouse in California with a rootsy vibe. Established way back in 1975, this financial institution is a beloved subsidiary of TriCo Bancshares (NASDAQ: TCBK), headquartered in good ol' Chico. The bank's got nearly $10 billion in assets and half a century stacked behind it, so you know they're here to stay.
TriCounties is all about delivering top-notch customer service, and they call it "Service with Solutions^{®}." They offer a mesmerizing array of financial goodies for individuals and businesses across California. You can find consumer, small business, and commercial banking services there, along with around-the-clock ATMs, online, and mobile banking access to keep things convenient as heck. If you're into investments, you'll be pleased to learn that brokerage services are also on the menu, courtesy of Tri Counties Advisors and their pals at Raymond James Financial Services, Inc. Just head on over to www.TriCountiesBank.com to learn more 'bout this delightful bank!
Now, you might be wonderin' how TriCounties Bank fares financially. Well, let's take a gander:
- Loan growth ain't no small fry—it's gone up by a cool $52.3 million, ballooning to $6.8 billion thanks to an increase in commercial and consumer lending.
- Deposits have swelled, jumping by a whopping $117.8 million, improving liquidity.
- Capital ain't shabby either—shareholders' equity has been on the rise, boosting the book value per share to a mighty $38.17.
- Although the net interest margin took a slight dip to 3.73%, that's just industry norms, darlin'!
TriCounties Bank keeps things classy with locally influenced decisions, a stance deep within the community, and a keen focus on keepin' their peeps happy. They've even tapped senior leaders with industry expertise to lead specialized teams, such as Food and Agribusiness Banking, Public Sector Banking, and Middle Market Commercial Real Estate. That's why they stand tall as a formidable player in California's bustling banking scene!
So, there you have it, folks! A juicy glimpse into the world of TriCounties Bank. Happy bankin'!
P.S. If you're interested in more banky-related spread, please don't hesitate to reach out to Peter G. Wiese, the Executive Vice President and CFO, at (530) 898-0300!
P.P.S. This scoop brought to you by Business Wire. Thanks for hangin' with me!
Here's some recent news in the finance industry: The cloud-based financial news platform, FinancialCloud, has reported positive growth for TriCounties Bank. With over $10 billion in assets, TriCounties Bank has shown resilience by increasing its loan growth by $52.3 million and deposits by $117.8 million. These advancements have elevated the bank's market position, making it a noteworthy player in California's business and banking scene.
