Friendly Hills

Southern California Bancorp Announces Sale of Three Branches to Friendly Hills Bank

Retrieved on: 
Monday, April 19, 2021

b"SAN DIEGO and WHITTIER, Calif., April 19, 2021 (GLOBE NEWSWIRE) -- Southern California Bancorp, (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A., and Friendly Hills Bank (OTCBB: FHLB) jointly announce the signing of a definitive agreement whereby Friendly Hills Bank will acquire three Bank of Southern California branches.

Key Points: 
  • b"SAN DIEGO and WHITTIER, Calif., April 19, 2021 (GLOBE NEWSWIRE) -- Southern California Bancorp, (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A., and Friendly Hills Bank (OTCBB: FHLB) jointly announce the signing of a definitive agreement whereby Friendly Hills Bank will acquire three Bank of Southern California branches.
  • \xe2\x80\x9cThese three branches are more aligned to serve a consumer or small business banking model, rather than a commercial banking model.
  • We thoughtfully executed the sale of these branches and are pleased to have found the right partner for our customers and employees in Friendly Hills Bank, a local community bank.\xe2\x80\x9d\n\xe2\x80\x9cThese offices and the communities which they serve are a strong fit with our local community bank model,\xe2\x80\x9d said Jeffrey K. Ball, Chief Executive Officer of Friendly Hills Bank.
  • Davidson & Co. served as financial advisor and Duane Morris LLP served as legal counsel to Bank of Southern California.

Friendly Hills Bank Reports Fourth Quarter Results

Retrieved on: 
Friday, February 12, 2021

WHITTIER, Calif., Feb. 12, 2021 (GLOBE NEWSWIRE) -- Friendly Hills Bank (the Company) (OTCBB: FHLB) reported results for the fourth quarter of 2020.

Key Points: 
  • WHITTIER, Calif., Feb. 12, 2021 (GLOBE NEWSWIRE) -- Friendly Hills Bank (the Company) (OTCBB: FHLB) reported results for the fourth quarter of 2020.
  • As of December 31, 2020, the Company reported total assets of $204.4 million, a 29% increase from $158.4 million as of December 31, 2019.
  • Friendly Hills Bank is a community bank which was formed to primarily serve the Southern California communities of eastern Los Angeles County and northern Orange County.
  • Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward looking statements.

Friendly Hills Bank Reports Third Quarter Results

Retrieved on: 
Friday, November 13, 2020

WHITTIER, Calif., Nov. 13, 2020 (GLOBE NEWSWIRE) -- Friendly Hills Bank (the bank) (OTCBB: FHLB) reported results for the third quarter of 2020.

Key Points: 
  • WHITTIER, Calif., Nov. 13, 2020 (GLOBE NEWSWIRE) -- Friendly Hills Bank (the bank) (OTCBB: FHLB) reported results for the third quarter of 2020.
  • For the nine month period ending September 30, 2020, the bank reported net income of $622,000 or $0.31 per diluted share of common stock.
  • As of September 30, 2020, the bank reported total assets of $236.3 million, a 47% increase from $160.2 million as of September 30, 2019.
  • Friendly Hills Bank is a community bank which was formed to primarily serve the Southern California communities of eastern Los Angeles County and northern Orange County.

Friendly Hills Bank Reports Second Quarter Results

Retrieved on: 
Friday, August 14, 2020

WHITTIER, Calif., Aug. 14, 2020 (GLOBE NEWSWIRE) -- Friendly Hills Bank (the bank) (OTCBB: FHLB) reported results for the second quarter of 2020.

Key Points: 
  • WHITTIER, Calif., Aug. 14, 2020 (GLOBE NEWSWIRE) -- Friendly Hills Bank (the bank) (OTCBB: FHLB) reported results for the second quarter of 2020.
  • The bank reported net income of $619,000 or $0.31 per diluted share of common stock for the six months ended June 30, 2019.
  • As of June 30, 2020, the bank reported total assets of $235.0 million, a 50% increase from $157.0 million as of June 30, 2019.
  • Friendly Hills Bank is a community bank which was formed to primarily serve the Southern California communities of eastern Los Angeles County and northern Orange County.

Friendly Hills Bank Reports Fourth Quarter Results

Retrieved on: 
Friday, February 7, 2020

WHITTIER, Calif., Feb. 07, 2020 (GLOBE NEWSWIRE) -- Friendly Hills Bank (the Company) (OTCBB: FHLB) reported results for the fourth quarter of 2019.

Key Points: 
  • WHITTIER, Calif., Feb. 07, 2020 (GLOBE NEWSWIRE) -- Friendly Hills Bank (the Company) (OTCBB: FHLB) reported results for the fourth quarter of 2019.
  • As of December 31, 2019, the Company reported total assets of $158.9 million, a 4% increase from $152.6 million as of December 31, 2018.
  • Friendly Hills Bank is a community bank which was formed to primarily serve the Southern California communities of eastern Los Angeles County and northern Orange County.
  • Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward looking statements.