News Focus
News Focus
Followers 129
Posts 5157
Boards Moderated 1
Alias Born 04/10/2008

Re: None

Tuesday, 01/22/2013 12:55:02 AM

Tuesday, January 22, 2013 12:55:02 AM

Post# of 31
Mission Oaks Bancorp, Temecula, Calif.

Ticker: MOKB

http://banktracker.investigativereportingworkshop.org/banks/california/temecula/mission-oaks-national-bank/

MOKB did not receive TARP money.

Temecula, CA- Mission Oaks Bancorp, whose subsidiary is Mission Oaks National Bank (MONB), announced unaudited results for the fourth quarter and full year of 2012.

The Company reported a net profit of $23,000, or $0.002 per share, for the quarter that ended December 31, 2012. This compares to a loss of $993,000, or $0.09 per share in the same quarter of the previous year. This was the company’s first profitable quarter since 2008.

===========

Although a very small bank and still moderately under-capitalized (under a Consent Order)...it does seem to be turning the corner.

http://www.missionoaksbank.com/site/press_releases.html

*PPS as of 1/21/2013 .30











Learn something new every time you invest...and take it with you to the next opportunity.

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now