1st Capital Bancorp Announces Fourth Quarter 2023 Financial Results

SALINAS, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) — 1st Capital Bancorp (the “Company”), (OTCQX: FISB), the $989.1 million asset bank holding company and parent company of 1st Capital Bank (the “Bank”), today reported unaudited net income of $677 thousand, or $0.12 per diluted share, for the quarter ended December 31, 2023, compared to net income of $1.19 million, or $0.22 per diluted share, for the quarter ended September 30, 2023, and $1.31 million, or $0.24 per diluted share, for the quarter ended December 31, 2022. For the twelve months ended December 31, 2023, net income was $3.5 million, or $0.64 per diluted share, compared to $8.6 million, or $1.55 per diluted share for the prior twelve months ended December 31, 2022.

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