Last $8.00 USD
Change Today 0.00 / 0.00%
Volume 0.0
FOLB On Other Exchanges
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OTC US
As of 8:10 PM 12/16/14 All times are local (Market data is delayed by at least 15 minutes).

folsom lake bank (FOLB) Snapshot

Open
$8.00
Previous Close
$8.00
Day High
$8.00
Day Low
$8.00
52 Week High
04/11/14 - $9.00
52 Week Low
12/27/13 - $7.01
Market Cap
12.7M
Average Volume 10 Days
115.0
EPS TTM
--
Shares Outstanding
1.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for FOLSOM LAKE BANK (FOLB)

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folsom lake bank (FOLB) Details

Folsom Lake Bank provides banking services to consumers and businesses. The company focuses on small business clients, professionals, and individuals in the communities surrounding Folsom Lake. It offers business banking services that include checking and savings accounts, business loans, business lines of credit, business term loans, and real estate loans; and overdraft protection, construction financing, commercial real estate, funds management, and other loan services. The company also provides personal banking services that include loans, credit cards, personal loans/lines of credit, automobile/boat/recreational vehicle loans, home equity line of credit, home equity loans, consumer deposits, personal savings options, certificates of deposit, individual retirements accounts, and other conveniences; and overdraft protection and residential construction financing services. In addition, it offers online banking and bill pay services. The company was founded in 2007 and is based in Folsom, California with a branch in Roseville, California.

Founded in 2007

folsom lake bank (FOLB) Top Compensated Officers

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Executives, Board Directors

folsom lake bank (FOLB) Key Developments

Folsom Lake Bank Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Folsom Lake Bank announced unaudited earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net interest income of $1,299,777, up $158,173 or 13.9% from $1,141,604 for the third quarter of 2013. For the nine months of 2014, the Bank reported net income of $721,816, an increase of 6.6% compared to earnings of $677,342 for the first nine months of 2013. Net Interest Income was $3,659,611, up $335,948 or 10.1% compared to $3,323,663 for nine months in 2013. The substantial increases in both quarterly and year to date net interest income results primarily from an increase in loans outstanding, coupled with an overall increase in earning assets compared to 2013. Additionally, net interest income was helped by a continuing lower level of interest expense, down $24,306, or 6.2% for the nine months in 2014 compared to 2013.

Folsom Lake Bank Announces Randall R. Wilson Joins as Board of Directors

Folsom Lake Bank announced that Randall R. Wilson has joined the Board of Directors of Folsom Lake Bank. Mr. Wilson is a Partner in Sinclair Wilson Baldo & Chamberlain. He is a member of the State Bars of California and Nevada. He is the President of the Roseville Chamber of Commerce.

Folsom Lake Bank Appoints Thelma Skillman as Board Member

Folsom Lake Bank appointed Thelma Skillman to its board of directors. Skillman has significant leadership experience in community colleges spanning four decades. Serving as an education consultant, her newest venture is interim President and CEO of the Community College League of California.

 

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