FFB Bancorp Earns $8.87 Million, or $2.79 per Diluted Share, for Third Quarter 2023

October 18, 2023

FRESNO, Calif, Oct. 18, 2023 (GLOBE NEWSWIRE) — FFB Bancorp (the “Company”) (OTCQX: FFBB), formerly Communities First Financial Corporation, the parent company of FFB Bank (the “Bank”), today reported net income increased 28% to $8.87 million, or $2.79 per diluted share, for the third quarter of 2023, compared to $6.91 million, or $2.20 per diluted share, for the third quarter of 2022, and declined 6% from $9.42 million, or $2.97 per diluted share for the second quarter of 2023. Third quarter 2023 results were highlighted by continued net interest margin expansion, which improved 84 basis points to 5.21% at September 30, 2023, from the third quarter of 2022.

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