Plaza Bank ranked among S&P Global Market Intelligence’s TOP 100 community banks — Again
Jump to #29 in 2015 reflects Plaza Bank’s continued growth and success.
IRVINE, CA – April 15, 2016: Plaza Bank (PLZZ) (the “Bank”) is proud to announce it has been named one of the 100 Top-Performing Community Banks for 2015 by S &P Global Market Intelligence (formerly S&P Capital IQ and SNL Financial). Plaza Bank now ranks #29 in 2015 of the top 100 banks, out of the total 492 banks with assets between $1 billion to $10 billion.
“This ranking is a tribute to all Plaza Bank staff and the jobs they perform. For the second consecutive year, the Bank has demonstrated remarkable overall results, underscored by our performance across the key ranking metrics,” said Gene Galloway, President and CEO at Plaza Bank. “Improving twelve spots in a single year is no small feat, reflecting the dedication of our professionals and their commitment to client success, one relationship at a time. We are honored to be included among the nation’s top-performing community banks and look forward to our continued growth in 2016.”
Advancing Big Fogg
You wouldn’t think anyone, or any company for that matter, would want to “put a damper” on high- profile events such as the Super Bowl, NASCAR races, and MLB All-Star games. But that’s exactly what Big Fogg™ is doing—and building quite a business in the process.
One of the first misting companies on the market, Big Fogg has earned a reputation as the premier supplier of Misting Systems and Misting Fans to the National Football League (NFL), Major League Baseball (MLB), the National Collegiate Association of Athletics (NCAA), the Motorsports industry, and the Professional Golf Association. Look closely, and you’ll see Big Fogg on sidelines, in dugouts, throughout grandstands, and in golf carts keeping athletes and spectators cool.
Advancing The Paper Company
Despite owning and operating The Paper Company for nearly 35 years, Mike and Jody Madden don’t claim to have built a company. “Our people have made the company what it is today,” Mike said. “Without question, they ultimately are responsible for our continued growth and success.”
While working together at a large paper distributor in the early 1980s, Mike and Jody saw the corporate environment and emergence of computers overtaking the human side of the business. “Employees and customers were becoming a ‘number’ instead of a name,” Mike recalled. “We had a desire to start a company that valued people, relationships, and personalized customer service.”
Irvine-based Plaza Bancorp Inc. reported unaudited net income of $3.4 million on net interest income of $11.3 million for its quarter ended Dec. 31.
Plaza Bank Announces Financial Results for the Year and Quarter Ended December 31, 2015 (unaudited)
IRVINE, CA – February 17, 2016: Plaza Bancorp (PLZZ.OB) (the “Company”), the holding company of Plaza Bank (the “Bank”), reported unaudited net income using the pooling of interest method, due to the Company’s merger with Manhattan Bancorp, for the year ended December 31, 2015 of $4.67 million or $0.16 per share on a diluted basis. For the year ended December 31, 2014, the unaudited net income was $1.8 million or $0.06 per share on a diluted basis. For the year ended December 31, 2015, the Company’s return on average assets was 0.44% and return on average equity was 4.24%, up from a return on average assets of 0.17% and a return on average equity of 1.36% for 2014.
Client Closeup: Pacific Sweeping
Like C.S. Bishop, who invented the first street sweeping machine in 1849, Lee Miller is an innovator. As owner of Pacific Sweeping in San Marcos, California, Miller has stayed on the leading edge in a commoditized industry to distinguish his business from the pack and achieve sustainable growth.
The street sweeping industry was initially driven by the need to keep communities clean and improve the aesthetics of both residential and commercial properties. Today, it’s as much a function of asset management, where property owners and municipalities alike are interested in keeping their curbs, streets, and parking lots debris-free, safe, and environmentally sound.
Founded during the housing boom in the late 1960s, Pacific Sweeping offered services to large home builders for many years. In the late 1990s, when local governments began outsourcing street sweeping services, the company took advantage and established contracts with a handful of cities in San Diego County.
Grand Opening of Plaza Bank’s New San Diego Regional Banking Center
Plaza Bank has opened its new regional banking center in San Diego, located in the Highlands Corporate Center at 12750 High Bluff Drive.
The new center, which officially opened September 22, serves Plaza Bank’s growing client base throughout the San Diego business region. It is Plaza Bank’s eighth location throughout Southern California and Las Vegas. Plaza Bank specializes in traditional business banking services, commercial lending, and SBA financing.
“As we continue our rapid growth serving small business communities, we are excited to announce Plaza Bank’s expansion into the San Diego area,” said Gene Galloway, President and CEO of the Bank.
Plaza Bancorp receives ticker symbol PLZZ
Plaza Bancorp, the parent company of Plaza Bank, received its stock ticker symbol, PLZZ, from FINRA on Friday, October 2, 2015, after the close of business. The stock will trade in the OTC Market. The link for a price quote is www.otcmarkets.com/stock/PLZZ/quote.
For further information, please contact John Shindler, our Chief Financial Officer at email@example.com.
Fast Track: A Micro Loan for your Small Business
Entrepreneurs seeking small loans may benefit from the Fast Track Program. A quick and streamlined approval process makes this option ideal for newer businesses that do not have an extensive operating history.
- $5,000 to $150,000
- Minimum of 1 year in business
- $500 to cover documentation and processing expenses
- For small businesses in Southern Nevada and Southern California
FOR MORE INFORMATION ABOUT FAST TRACK LOANS CONTACT
Irvine: (949) 502-4300
Las Vegas: (702) 853-4700