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Bank of Coronado Earnings Increase Steadily for First Three Quarters of Year.


Business Editors

CORONADO Coronado (kŏr'ənä`dō), city (1990 pop. 26,540), San Diego co., S Calif., on a peninsula on the west side of San Diego Bay; inc. 1890. It is a well-known beach resort. , Calif.--(BUSINESS WIRE)--Nov. 8, 2000

Bank of Coronado (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:BCDO) earnings for the first three quarters of the year 2000 were $665,000 compared to $408,000 for the same period in 1999, it was reported this week by the bank's President and Chief Executive Officer, William William, crown prince of Germany
William or Frederick William, 1882–1951, crown prince of Germany, son of William II. In World War I he commanded (1914) an army on the Western Front and was nominal commander in the German attack
 R. McLaurin McLaurin may refer to:

People with the surname McLaurin:
  • Anselm J. McLaurin (1848–1909), US politician from Mississippi
  • Gordon McLaurin
  • John L.
.

This represents an increase of 63 percent compared to the first nine months of 1999, he noted.

Total assets of the bank at the end of the third quarter are $67,876,000 compared to $61,673,000 the previous year, reflecting a 10 percent, six million dollar growth, in Bank of Coronado assets.

After tax earnings reported by the bank $0.83 per share on 801,255 shares outstanding, compared to $0.51 per share on 796,255 shares outstanding on Sept. 30, 1999. Net loans outstanding increased to $49,476,000 as of Sept. 30, 2000 compared to $38,239,000 on Sept. 30, 1999.

Bank of Coronado shareholders received a dividend to $0.06 per share on September September: see month.  22.

This was the bank's eighteenth consecutive quarterly dividend.
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Publication:Business Wire
Date:Nov 8, 2000
Words:183
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