NorthBay biz

Exchange Bank Declares Fourth Quarter Cash Dividend

Retrieved on: 
Tuesday, November 23, 2021
Banking, Professional Services, Finance, Private Securities Litigation Reform Act, Northbay, Respect, NorthBay biz, Company, Forward-looking statement, Santa Rosa Junior College, Nature, Exchange Bank, Trust, Commitment, Integrity, SBA, Doyle, NBBJ, Sonoma Valley, Bookkeeping

The cash dividend is unchanged from the prior quarters dividend of $1.20 per share.

Key Points: 
  • The cash dividend is unchanged from the prior quarters dividend of $1.20 per share.
  • Headquartered in Sonoma County and founded in 1890, Exchange Bank is a premier community bank with assets of $3.4 billion.
  • The Press Democrat Best of Sonoma County Readers Choice 2021 named Exchange Bank Best Bank and the NorthBay biz magazine named Exchange Bank the 2020 Best Consumer Bank and Best Business Bank.
  • The Sonoma Valley Peoples Choice awards named Exchange Bank the Best Local Bank 2021 and the North Bay Bohemians Best of 2020 Readers Poll named Exchange Bank the Best Business Bank and Best Consumer Bank.

Exchange Bank Appoints Tom Duryea as Executive Vice President, Chief Banking Officer

Retrieved on: 
Tuesday, November 16, 2021
Banking, Professional Services, Family, Summit Bank, Respect, Â, SBA, Culture, Leadership, Commitment, Exchange Bank, CEO, Growth, CA, Multimedia, Sonoma Valley, Imagination, Silicon, Bank, NorthBay biz, Duryea, Trust, Credit, Integrity, OTC, NBBJ, Management

Exchange Bank (OTC: EXSR) today announced the appointment of Tom Duryea as executive vice president and chief banking officer, reporting to Troy Sanderson, president and CEO.

Key Points: 
  • Exchange Bank (OTC: EXSR) today announced the appointment of Tom Duryea as executive vice president and chief banking officer, reporting to Troy Sanderson, president and CEO.
  • Duryea, formerly president and chief executive officer at Summit State Bank in Sonoma County, led the commercial bank for eight years.
  • The Press Democrat Best of Sonoma County Readers Choice 2021 named Exchange Bank Best Bank and the NorthBay Biz magazine named Exchange Bank the 2020 Best Consumer Bank and Best Business Bank.
  • The Sonoma Valley Peoples Choice awards named Exchange Bank the Best Local Bank 2021 and the North Bay Bohemians Best of 2020 Readers Poll named Exchange Bank the Best Business Bank and Best Consumer Bank.

Exchange Bank Announces Third Quarter 2021 Earnings

Retrieved on: 
Tuesday, November 2, 2021
Banking, Professional Services, Finance, Respect, Coronavirus, NorthBay biz, Integrity, Government, Trust, Sonoma Valley, Behavior, Doyle, NBBJ, Private Securities Litigation Reform Act, Small business, Treasury, PPP, Nature, Income, Forward-looking statement, Investment management, Company, Northbay, Silicon, Unitary state, OTC, Growth, Commitment, Santa Rosa Junior College, SBA, Tax, Exchange Bank, Bank, Cryptocurrency, Tutoring, Bookkeeping

Exchange Bank (OTC: EXSR) today announced results for the third quarter of 2021, reporting net income after taxes of $9.85 million, compared with $7.98 million for the same quarter in 2020, an increase of 23.43%.

Key Points: 
  • Exchange Bank (OTC: EXSR) today announced results for the third quarter of 2021, reporting net income after taxes of $9.85 million, compared with $7.98 million for the same quarter in 2020, an increase of 23.43%.
  • The quality of the Banks loan portfolio remains strong and the Bank did not add to its reserve during the third quarter of 2021.
  • The Press Democrat Best of Sonoma County Readers Choice 2021 named Exchange Bank Best Bank and the NorthBay biz magazine named Exchange Bank the 2020 Best Consumer Bank and Best Business Bank.
  • The Sonoma Valley Peoples Choice awards named Exchange Bank the Best Local Bank 2021 and the North Bay Bohemians Best of 2020 Readers Poll named Exchange Bank the Best Business Bank and Best Consumer Bank.

Exchange Bank Announces Eric McHenry as New Board Member

Retrieved on: 
Tuesday, October 19, 2021
Banking, Professional Services, Finance, Transfer, City, NBBJ, Electricity, Respect, Bank, KRCB, Technology, Agilent Technologies, Commitment, SBA, HP, Electrical engineering, NorthBay biz, OTC, Camping, Redwood Empire Food Bank, Multimedia, Trust, Silicon, Exchange, MIT, IP, Exchange Bank, Time, Sonoma Valley, Engineering, Northbay, Integrity, Trustee, Marketing, Asynchronous Transfer Mode, Management

Exchange Bank (OTC: EXSR) is pleased to announce Eric McHenry as the newest member of Exchange Banks Board of Directors, effective October 1, 2021.

Key Points: 
  • Exchange Bank (OTC: EXSR) is pleased to announce Eric McHenry as the newest member of Exchange Banks Board of Directors, effective October 1, 2021.
  • View the full release here: https://www.businesswire.com/news/home/20211019005521/en/
    Eric McHenry, member Exchange Bank Board of Directors (effective October 1, 2021).
  • (Photo: Business Wire)
    We are very pleased to welcome Eric McHenry to our already strong board, said Bill Schrader, chairman of the board, Exchange Bank.
  • The Press Democrat Best of Sonoma County Readers Choice 2021 named Exchange Bank Best Bank and the NorthBay biz magazine named Exchange Bank the 2020 Best Consumer Bank and Best Business Bank.

Exchange Bank’s SVP, Senior Credit Officer Mary Leonard-Wilson Promoted to Executive Role as Chief Credit Officer

Retrieved on: 
Monday, September 20, 2021
Banking, Professional Services, Exchange Bank, NBBJ, SBA, Trust, OTC, Santa Rosa metro station, Conference, Multimedia, Commitment, CEO, Westamerica Bank, NorthBay biz, Silicon, Colgate University, Leadership, Commerce, Respect, Northbay, Integrity, Sonoma Valley, NBR, Organization, Bank, SVP, National bank, Management

Exchange Bank (OTC: EXSR) today announces that Mary Leonard-Wilson, SVP, senior credit officer has been promoted to Exchange Banks Executive Committee as SVP, chief credit officer, reporting directly to Troy Sanderson, president and CEO.

Key Points: 
  • Exchange Bank (OTC: EXSR) today announces that Mary Leonard-Wilson, SVP, senior credit officer has been promoted to Exchange Banks Executive Committee as SVP, chief credit officer, reporting directly to Troy Sanderson, president and CEO.
  • View the full release here: https://www.businesswire.com/news/home/20210920005207/en/
    Mary Leonard-Wilson, Exchange Bank Senior Vice President and Chief Credit Officer (Photo: Business Wire)
    Mary and I have been peers in community banking in Northern California for many, many years, said Troy Sanderson, president and chief executive officer.
  • Her reputation was beyond reproach back then, and that reputation has only been surpassed by my actual experience working with her here at Exchange Bank.
  • Before joining Exchange Bank, Ms. Leonard-Wilson served in lending and credit capacities with several independent community banks in the San Francisco Bay Area.

Redwood Credit Union Makes Forbes' List of America's Best Credit Unions

Retrieved on: 
Monday, August 23, 2021
Twitter, Instagram, Insurance, Research, SBA, Heart, Credit union, NorthBay biz, Trust, News, CEO, RCU, LinkedIn, Center on Business and Poverty, Publication, Northbay, 100 Best Companies to Work For, Statista, Bank

SANTA ROSA, Calif., Aug. 23, 2021 /PRNewswire-PRWeb/ -- For the second year in a row, Redwood Credit Union (RCU) has been recognized as a top credit union in California in Forbes' list of America's Best Credit Unions in Each State.

Key Points: 
  • SANTA ROSA, Calif., Aug. 23, 2021 /PRNewswire-PRWeb/ -- For the second year in a row, Redwood Credit Union (RCU) has been recognized as a top credit union in California in Forbes' list of America's Best Credit Unions in Each State.
  • Redwood Credit Union has also been awarded one of the best places to work in the North Bay for 15 consecutive years.
  • Founded in 1950, Redwood Credit Union is a full-service financial institution providing personal and business banking to consumers and businesses in the North Bay and San Francisco.
  • For more information, call 1 (800) 479-7928, visit redwoodcu.org, or follow RCU on Facebook, Instagram, Twitter, and LinkedIn for news and updates.

Exchange Bank Declares Third Quarter Cash Dividend

Retrieved on: 
Monday, August 23, 2021
Banking, Accounting, Professional Services, Finance, Company, Private Securities Litigation Reform Act, Nature, Integrity, Exchange Bank, Sonoma Valley, Respect, SBA, Santa Rosa Junior College, Forward-looking statement, NorthBay biz, Silicon, Trust, NBBJ, Northbay, Commitment, Doyle, Bookkeeping, Bank

The cash dividend is unchanged from the prior quarters dividend of $1.20 per share.

Key Points: 
  • The cash dividend is unchanged from the prior quarters dividend of $1.20 per share.
  • Headquartered in Sonoma County and founded in 1890, Exchange Bank is a premier community bank with assets of $3.1 billion.
  • The Press Democrat Best of Sonoma County Readers Choice 2021 named Exchange Bank Best Bank and the NorthBay biz magazine named Exchange Bank the 2020 Best Consumer Bank and Best Business Bank.
  • The Sonoma Valley Peoples Choice awards named Exchange Bank the Best Local Bank 2021 and the North Bay Bohemians Best of 2020 Readers Poll named Exchange Bank the Best Business Bank and Best Consumer Bank.

Exchange Bank Announces Second Quarter 2021 Earnings

Retrieved on: 
Wednesday, August 4, 2021
Banking, Professional Services, Finance, NorthBay biz, Magazines, Mass media in the United States, Mass media

Exchange Bank (OTC: EXSR) today announced results for the second quarter of 2021, reporting net income after taxes of $8.22 million, compared with $7.85 million for the same quarter in 2020, an increase of 4.71%.

Key Points: 
  • Exchange Bank (OTC: EXSR) today announced results for the second quarter of 2021, reporting net income after taxes of $8.22 million, compared with $7.85 million for the same quarter in 2020, an increase of 4.71%.
  • Non-interest income increased from $4.74 million in the second quarter of 2020 to $5.95 million in the similar period in 2021.
  • The Press Democrat Best of Sonoma County Readers Choice 2021 named Exchange Bank Best Bank and the NorthBay biz magazine named Exchange Bank the 2020 Best Consumer Bank and Best Business Bank.
  • The Sonoma Valley Peoples Choice awards named Exchange Bank the Best Local Bank 2021 and the North Bay Bohemians Best of 2020 Readers Poll named Exchange Bank the Best Business Bank and Best Consumer Bank.

Exchange Bank Announces Thomas Sands, Vice President, Regional Sales Manager

Retrieved on: 
Wednesday, June 16, 2021
Banking, Professional services, Finance, Financial District, San Francisco, Banks, Economy of California, Companies, Wells Fargo, NorthBay biz

Exchange Bank (OTC: EXSR) announces Thomas Sands as vice president, regional sales manager, responsible for overseeing Exchange Banks southern region.

Key Points: 
  • Exchange Bank (OTC: EXSR) announces Thomas Sands as vice president, regional sales manager, responsible for overseeing Exchange Banks southern region.
  • View the full release here: https://www.businesswire.com/news/home/20210616005217/en/
    Thomas comes to Exchange Bank with a strong background and hands-on credit experience from Wells Fargo where he enjoyed a 22-year career, most recently serving as regional bank president for Northern California (2017-2021).
  • NorthBay biz magazine named Exchange Bank the 2020 Best Consumer Bank and Best Business Bank.
  • The Petaluma Peoples Choice Awards named Exchange Bank the Best Local bank and the North Bay Bohemians Best of 2020 Readers Poll named Exchange Bank the Best Business Bank and Best Consumer Bank.

Exchange Bank Declares Second Quarter Cash Dividend

Retrieved on: 
Friday, May 21, 2021
Banking, Professional services, Finance, NorthBay biz, Dividend, Petaluma, California, Geography of California, Magazines, California

b'On May 18, 2021, the Exchange Bank Board of Directors declared a quarterly cash dividend of $1.20 per share on common stock outstanding to shareholders of record at the close of business on June 4, 2021.

Key Points: 
  • b'On May 18, 2021, the Exchange Bank Board of Directors declared a quarterly cash dividend of $1.20 per share on common stock outstanding to shareholders of record at the close of business on June 4, 2021.
  • The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date forward looking statements are made.\nHeadquartered in Sonoma County and founded in 1890, Exchange Bank is a premier community bank with assets of $3.1 billion.
  • NorthBay biz magazine named Exchange Bank the 2020 Best Consumer Bank and Best Business Bank.
  • The Petaluma People\xe2\x80\x99s Choice Awards named Exchange Bank the Best Local bank and the North Bay Bohemian\xe2\x80\x99s Best of 2020 Readers Poll named Exchange Bank the Best Business Bank and Best Consumer Bank.