FCBK Receives Business Enterprise Award
CERRITOS, Calif.–(BUSINESS WIRE)–First Choice Bank (OTCQX: FCBK) (the “Bank”) is honored to be recognized once again for the Community Development Financial Institution (CDFI) Fund’s Business Enterprise Award. The Bank has been a recipient every year since 2011.
Editors Comment : FCBK current ppc is $23.50, with very low daily volume. Don’t expect to see much change over the near future.
The Bank is pleased that its commitment and dedication to financing and supporting community activities, especially for low and moderate income communities, is recognized by the US Treasury Department’s CDFI. The CDFI’s 2016 grant award recognizes and rewards the Bank’s continuing efforts to increase its lending and service activities within the economically distressed communities that the Bank serves.
First Choice Bank is a community focused financial institution serving diverse consumers and commercial clients, as a CDFI bank. Peter Hui, the Bank’s Chairman, said, “We are very proud of all of our efforts to make our community prosper. It is gratifying to receive this award as recognition of that commitment.”
ABOUT FIRST CHOICE BANK
First Choice Bank, headquartered in Cerritos, California, is a community focused financial institution, serving diverse consumers and commercial clients and specializing in loans to small businesses, Private Banking clients, Commercial and Industrial (C&I) loans, and commercial real estate loans with a niche in providing finance for the hospitality industry. The Bank is a Preferred Small Business Administration (SBA) Lender. Founded in 2005, First Choice Bank has quickly become a leading provider of financial services that enable our customers to grow, maintain strength, and reach unprecedented levels of success. We strive to surpass our clients’ expectations through our efficiency and professionalism and are committed to being “First in Speed, Service, and Solutions.” First Choice Bank stock is traded on the Over the Counter (OTCQX); our Ticker Symbol is FCBK.
The Bank’s web site is www.FirstChoiceBankCA.com.
Almost Bitcoin, Bitcoin Investment Trust (OTCMKTS:GBTC)
Bitcoin without Owning Bitcoin, Bitcoin Investment Trust (OTCMKTS:GBTC)
Bitcoin Investment Trust (OTCMKTS:GBTC) is a private, open-ended trust that is invested exclusively in bitcoin and derives its value solely from the price of bitcoin. It enables investors to gain exposure to the price movement of bitcoin without the challenge of buying, storing, and safekeeping bitcoins. The BIT’s sponsor is Grayscale Investments, a wholly-owned subsidiary of Digital Currency Group.
So for those of us that would like to invest/trade bitcoins but don’t want to have to deal with bitcoin wallets or transferring funds around you can easily use your current trading platform to purchase GBTC and trade just like any other stock.
https://www.otcmarkets.com/stock/GBTC/quote
Bitcoins Massive Run
Bitcoin has been on a massive run as of late with a value of more than $2,715 today per bitcoin and its not just the regular investors who are taking advantage of the opportunities presented with cryptocurrencies. Unless you have been hiding under a rock for the last few months you’ve heard someone or read something about Bitcoin and thats because its made a run from under $500 in 2015 to a current price of $2,715 6/20/17.
Im not going to try to explain what a bitcoin actually is because it seems that no longer matters, its the fact that the public, businesses, and even governments are beginning to recognize bitcoin is not going away.
What is a Bitcoin :
Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! There are no transaction fees and no need to give your real name. More merchants are beginning to accept them: You can buy webhosting services, pizza or even manicures.
No one knows what will become of bitcoin. It is mostly unregulated, but that could change. Governments are concerned about taxation and their lack of control over the currency.
Pl Capital is Buying Bankfinancial Corp (NASDAQ:BFIN) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Bankfinancial Corp (NASDAQ:BFIN) reported that Pl Capital, Llc has picked up 1,378,625 of common stock as of 2017-04-27.
The acquisition brings the aggregate amount owned by Pl Capital, Llc to a total of 1,378,625 representing less than 7.2% stake in the company.
For those not familiar with the company, BankFinancial Corporation is the bank holding company for BankFinancial, National Association (the Bank). The Bank is a full-service, community-oriented national bank principally engaged in the business of commercial, family and personal banking. The Bank offers its customers a range of loan, deposit and other financial products and services through its full-service Illinois-based banking offices located in Cook, DuPage, Lake and Will Counties, and through its Internet branch, www.bankfinancial.com. As of December 31, 2016, the Bank had 19 full-service Illinois-based banking offices. The Bank also offers its customers a range of financial products and services that are related or ancillary to loans and deposits, including cash management, funds transfers, bill payment, and other online and mobile banking transactions, automated teller machines, safe deposit boxes, trust services, wealth management and general insurance agency services.
A glance at Bankfinancial Corp (NASDAQ:BFIN)’s key stats reveals a current market capitalization of 284.90 Million based on 18.38 Million shares outstanding and a price at last close of $14.74 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2013-06-19, Oneill picked up 100 at a purchase price of $8.16. This brings their total holding to 100 as of the date of the filing.
On the sell side, the most recent transaction saw Manos unload 300 shares at a sale price of $14.60. This brings their total holding to 41,904.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Bankfinancial Corp (NASDAQ:BFIN) as things move forward to see if its progress aligns with these transactions.
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Timyan Philip is Buying Community West Bancshares (NASDAQ:CWBC) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Community West Bancshares (NASDAQ:CWBC) reported that Timyan Philip J has picked up 436,780 of common stock as of 2017-04-19.
The acquisition brings the aggregate amount owned by Timyan Philip J to a total of 436,780 representing a 5.39% stake in the company.
For those not familiar with the company, Community West Bancshares is a bank holding company. The Company provides full-service banking through its subsidiary, Community West Bank, N.A. (the Bank). Through the Bank, the Company provides a range of financial products and services to customers, including lending and deposit products. The Company focuses on professionals, small to mid-sized businesses and individual households. Relationship banking is conducted at the community level through approximately five branch offices in the cities of Goleta, Santa Barbara, Santa Maria, Ventura and Westlake Village, California and a loan production office in San Luis Obispo. The Company’s products and services include deposit products, such as checking accounts, savings accounts, money market accounts and fixed rate, fixed maturity certificates of deposits, and lending products, including commercial loans, commercial real estate loans and consumer loans.
A glance at Community West Bancshares (NASDAQ:CWBC)’s key stats reveals a current market capitalization of 81.84 Million based on 8.10 Million shares outstanding and a price at last close of $10.10 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2017-03-10, Filippin picked up 500 at a purchase price of $10.25. This brings their total holding to 6,711 as of the date of the filing.
On the sell side, the most recent transaction saw Peeples unload 54,007 shares at a sale price of $8.20. This brings their total holding to 950,315.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Community West Bancshares (NASDAQ:CWBC) as things move forward to see if its progress aligns with these transactions.
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Guess Who Picked Up 1St Constitution Bancorp (NASDAQ:FCCY) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), 1St Constitution Bancorp (NASDAQ:FCCY) reported that Mangano Robert F has picked up 506,207 of common stock as of 2017-04-05.
The acquisition brings the aggregate amount owned by Mangano Robert F to a total of 506,207 representing a 6.3% stake in the company.
For those not familiar with the company, 1st Constitution Bancorp is the bank holding company for 1st Constitution Bank (the Bank). The Bank is a commercial bank, which is engaged in the business of commercial and retail banking. The Company operates through the Community Banking segment. The Community Banking segment consists of construction, commercial, retail and mortgage banking operations. As a community bank, the Bank offers a range of services (including demand, savings and time deposits and commercial and consumer/installment loans) to individuals, small businesses and not-for-profit organizations principally in the Fort Lee area of Bergen County and in Middlesex, Mercer, Somerset and Monmouth Counties of New Jersey. The Bank’s Mortgage Warehouse Funding Group offers revolving lines of credit that are available to licensed mortgage banking companies (the Warehouse Line of Credit). The Bank’s investment activities are classified as available for sale and held to maturity securities.
A glance at 1St Constitution Bancorp (NASDAQ:FCCY)’s key stats reveals a current market capitalization of 146.49 Million based on 8.03 Million shares outstanding and a price at last close of $18.25 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2017-03-02, Barrett picked up 100 at a purchase price of $18.68. This brings their total holding to 100 as of the date of the filing.
On the sell side, the most recent transaction saw Tartaglia unload 500 shares at a sale price of $16.27. This brings their total holding to 20,868.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on 1St Constitution Bancorp (NASDAQ:FCCY) as things move forward to see if its progress aligns with these transactions.
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Guess Who Picked American River Bankshares (NASDAQ:AMRB) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), American River Bankshares (NASDAQ:AMRB) reported that Maltese Capital Management Llc. has picked up 440,709 of common stock as of 2017-03-30.
The acquisition brings the aggregate amount owned by Maltese Capital Management Llc. to a total of 440,709 representing a 6.60% stake in the company.
For those not familiar with the company, American River Bankshares is a bank holding company. The Company’s banking subsidiary is American River Bank (the Bank). The Bank’s primary business is serving the commercial banking needs of small to mid-sized businesses. The Bank accepts checking and savings deposits; offers money market deposit accounts and certificates of deposit; makes secured and unsecured commercial loans, secured real estate loans, and other installment and term loans, and offers other customary banking services. The Bank also conducts lease financing for various types of business equipment, from computer software to heavy earth-moving equipment. It serves various communities located in Sacramento, Placer, Yolo, El Dorado, Sonoma and Amador counties. It also serves Alameda, Contra Costa and Santa Clara Counties through loan production offices located in the Cities of San Jose and San Ramon. Its loans include real estate construction loans; lease financing receivable; agriculture loans, and consumer loans.
A glance at American River Bankshares (NASDAQ:AMRB)’s key stats reveals a current market capitalization of 98.93 Million based on 6.68 Million shares outstanding and a price at last close of $14.85 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2017-02-03, Owensby picked up 3,310 at a purchase price of $15.14. This brings their total holding to 3,310 as of the date of the filing.
On the sell side, the most recent transaction saw Taber unload 78 shares at a sale price of $12.25. This brings their total holding to 151,692.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on American River Bankshares (NASDAQ:AMRB) as things move forward to see if its progress aligns with these transactions.
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Midwestone Financial Group Inc. (NASDAQ:MOFG) is Attracting Smart Money
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Midwestone Financial Group Inc. (NASDAQ:MOFG) reported that Morrison John M has picked up 431,393 of common stock as of 2017-03-30.
The acquisition brings the aggregate amount owned by Morrison John M to a total of 431,393 representing a 3.6% stake in the company.
For those not familiar with the company, MidWestOne Financial Group, Inc. is a bank holding and financial holding company. The Company operates through its bank subsidiaries, MidWestOne Bank, Central Bank and MidWestOne Insurance Services, Inc. MidWestOne Bank and Central Bank provide service retail banking in the communities in which their respective branch offices are located. Its deposit products include checking and other demand deposit accounts, negotiable order of withdrawal accounts, savings accounts, certificates of deposit, individual retirement accounts, non-interest-bearing demand deposits and money market accounts. MidWestOne Bank and Central Bank offer commercial and industrial, agricultural, real estate mortgage and consumer loans. Other products and services include debit cards, automated teller machines, online banking, mobile banking and safe deposit boxes. The principal service consists of making loans to and accepting deposits from individuals, businesses, governmental units and institutional customers.
A glance at Midwestone Financial Group Inc. (NASDAQ:MOFG)’s key stats reveals a current market capitalization of 409.61 Million based on 11.96 Million shares outstanding and a price at last close of $34.24 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-08-09, Hatch picked up 1,000 at a purchase price of $28.84. This brings their total holding to 1,035 as of the date of the filing.
On the sell side, the most recent transaction saw Morrison unload 2,000,000 shares at a sale price of $32.88. This brings their total holding to 245,693.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Midwestone Financial Group Inc. (NASDAQ:MOFG) as things move forward to see if its progress aligns with these transactions.
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Guess Who Picked Up Si Financial Group Inc. (NASDAQ:SIFI) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Si Financial Group Inc. (NASDAQ:SIFI) reported that Clover Partners, L.p. has picked up 617,773 of common stock as of 2017-03-29.
The acquisition brings the aggregate amount owned by Clover Partners, L.p. to a total of 617,773 representing less than 5.1% stake in the company.
For those not familiar with the company, SI Financial Group, Inc. is a holding company for Savings Institute Bank and Trust Company (the Bank). The Bank operates as a community-oriented financial institution offering a range of financial services to consumers and businesses in its market area, including insurance, trust and investment services. The Bank accepts deposits from the general public and uses those funds to originate one- to four-family residential mortgage loans, multi-family and commercial real estate loans, commercial business loans, and construction and consumer loans. The Bank also purchases commercial business loans, including loans fully guaranteed by the Small Business Administration (SBA) and the United States Department of Agriculture (USDA). The Bank sells certain fixed-rate one- to four-family residential conforming loans it originates in the secondary market with the servicing retained. The remainder of the Bank’s loan portfolio is originated for investment.
A glance at Si Financial Group Inc. (NASDAQ:SIFI)’s key stats reveals a current market capitalization of 164.17 Million based on 12.20 Million shares outstanding and a price at last close of $13.55 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2014-12-08, Engle picked up 500 at a purchase price of $11.22. This brings their total holding to 9,907 as of the date of the filing.
On the sell side, the most recent transaction saw Gervais unload 5,379 shares at a sale price of $11.26. This brings their total holding to 14,657.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Si Financial Group Inc. (NASDAQ:SIFI) as things move forward to see if its progress aligns with these transactions.
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