Chino Commercial Bancorp Reports 85% Increase In Net Earnings

CHINO, Calif., Jan. 20, 2023 (GLOBE NEWSWIRE) — The Board of Directors of Chino Commercial Bancorp (OTC: CCBC), the parent company of Chino Commercial Bank, N.A., announced the results of operations for the Bank and the consolidated holding company for the fourth quarter ended December 31, 2022. Net earnings for the fourth quarter of 2022, were $1.3 million, or an increase of 84.6%, as compared with earnings of $706 thousand for the same quarter last year. Net earnings per basic and diluted share was $0.49 for the fourth quarter of 2022, and $0.26 for the same quarter last year.

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