First Commerce Bank Reports First- Quarter Profits.Business Editors ENCINO, Calif.--(BUSINESS WIRE)--April 4, 2001 Jack Feldman Feldman is a common Ashkenazi Jewish surname. Some notable people it may refer to include:
This compares with earnings of $111,000 a year ago, an improvement of 150 percent. Included in the 2001 net income is a tax benefit of $80,000. This benefit is the result of utilizing prior years' net operating losses Net operating losses Losses that a firm can take advantage of to reduce taxes. to reduce current tax expense. Assets at March 31, 2001, were $87,415,000, up $21,661,000, or 33 percent, from the quarter ended March 31, 2000, and up $10,454,000, or 14 percent, from year-end year-end also year·end n. The end of a year. adj. Occurring or done at the end of the year: a year-end audit. Noun 1. 2000. Deposits and loans at quarter-end 2001 were $79,119,000 and $56,958,000, up respectively 34 percent and 61 percent from the quarter ended March 31, 2000, and 15 percent and 5 percent from year-end 2000. "The bank's positive first quarter represents the success of our strategic plan to build earnings momentum while increasing quality loan production and improving internal operating efficiency," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Feldman. First Commerce Bank is an independent community business bank with main offices at 16861 Ventura Ventura (vĕnt  `rə), city (1990 pop. 92,575), seat of Ventura co., SW Calif., on the Pacific coast in a farm and oil region; inc. 1866. Blvd., Suite 100, Encino, Calif., and a regional office in Brentwood, Calif.
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