Last $5.87 USD
Change Today -0.12 / -2.00%
Volume 200.0
FCTY On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 9:30 AM 05/24/13 All times are local (Market data is delayed by at least 15 minutes).

1st century bancshares inc (FCTY) Key Developments

1st Century Bancshares, Inc. Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2013

1st Century Bancshares, Inc. reported unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the company's net income was $1.4 million, or $0.16 per diluted share, compared to $592,000, or $0.07 per diluted share, during the same period last year. The company's increased earnings were primarily driven by favorable loan growth, as well as improved credit quality. At March 31, 2013 and 2012, the Company's book value per share was $5.54 and $5.06, respectively, representing an increase of 9.5% during the twelve month period. Net interest income was $3.9 million, compared to $3.3 million for the same period last year. Pre-tax, pre-provision earnings was $980,000 against $608,000 for the same period a year ago.

1st Century Bancshares, Inc., Annual General Meeting, May 08, 2013

1st Century Bancshares, Inc., Annual General Meeting, May 08, 2013., at 17:00 Pacific Daylight.

1st Century Bancshares, Inc. Reports Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2012

1st Century Bancshares, Inc. reported unaudited earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company recorded net income of $912,000, or $0.10 per diluted share, compared to $432,000, or $0.05 per diluted and basic share for the same periods last year. Net interest income was $3,965,000 against $3,036,000 a year ago. These increases in net interest income was primarily attributable to additional interest earned in connection with the loan and investment portfolios as compared to the same periods last year, and were the result of increases in the average balances of these portfolios during the current periods, partially offset by a decline in yields earned. Pre-tax, pre-provision earnings were $963,000 against $503,000 a year ago. For the year, the company recorded net income of $2.9 million, or $0.33 per diluted share compared to $1.0 million, or $0.11 per diluted share, for the same periods last year. Net interest income was $14,073,000 against $11,281,000 a year ago. Pre-tax, pre-provision earnings were $3,053,000 against $1,371,000 a year ago.

1st Century Bancshares, Inc. Presents at 2013 West Coast Financial Services Conference, Mar-04-2013

1st Century Bancshares, Inc. Presents at 2013 West Coast Financial Services Conference, Mar-04-2013 . Venue: The Ritz-Carlton, Marina del Rey, California, United States.

1st Century Bancshares, Inc. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2012

1st Century Bancshares, Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported net interest income of $3,426,000 against $2,815,000 a year ago. Net income was $687,000 or $0.08 per diluted share against $354,000 or $0.04 per diluted share a year ago. Pre-tax, pre-provision earnings were $712,000 against $354,000 a year ago. For the nine months, the company reported net interest income of $10,108,000 against $8,245,000 a year ago. Net income was $2,030,000 or $0.23 per diluted share against $593,000 or $0.07 per diluted share a year ago. Pre-tax, pre-provision earnings were $2,090,000 against $868,000 a year ago. Ending book value per share was $5.33 against $4.99 a year ago. These increases were primarily attributable to additional interest earned in connection with its loan and investment portfolios as compared to the same periods last year, and were the result of increases in the average balances of these portfolios during the current periods, partially offset by a decline in yields earned.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FCTY:US $5.87 USD -0.12

FCTY Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for FCTY.
View Industry Companies
 

Industry Analysis

FCTY

Industry Average

Valuation FCTY Industry Range
Price/Earnings 14.0x
Price/Sales 3.0x
Price/Book 1.0x
Price/Cash Flow 14.6x
TEV/Sales 0.2x
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact 1ST CENTURY BANCSHARES INC, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.