{"id":17047,"date":"2020-05-29T12:16:00","date_gmt":"2020-05-29T12:16:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2574935"},"modified":"2020-05-29T12:16:00","modified_gmt":"2020-05-29T12:16:00","slug":"cboa-financial-inc-reports-consolidated-earnings-of-371000-in-1q-2020","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/05\/29\/cboa-financial-inc-reports-consolidated-earnings-of-371000-in-1q-2020\/","title":{"rendered":"CBOA Financial, Inc. Reports Consolidated Earnings of $371,000 in 1Q 2020"},"content":{"rendered":"<p>CBOA Financial, Inc. parent company of Commerce Bank of&nbsp;<span class=\"xn-location\">Arizona<\/span>&nbsp;(the &#8220;Bank&#8221; or &#8220;CBAZ&#8221;), announced that consolidated net income for quarter ending&nbsp;<span class=\"xn-chron\">March 31, 2020<\/span>&nbsp;decreased 16.6% to&nbsp;<span class=\"xn-money\">$371,000<\/span>, from&nbsp;<span class=\"xn-money\">$445,000<\/span>&nbsp;in the fourth quarter of 2019.<\/p>\n<p><span class=\"xn-person\">Chris Webster<\/span>, Bank President and Chief Executive Officer stated, &#8220;While 2020 started strong for the Bank, the unprecedented effects of the Covid-19 pandemic began impacting virtually all businesses in our communities. Our team immediately responded to the crisis by creating alternative ways to assure our customers&#8217; banking needs would be quickly met. We also took numerous measures to ensure the safety of both customers and employees. Despite these extraordinary challenges, we were able to grow our deposit base by about 3% in the quarter and year over year, and we again saw strong book value growth of 9% year over year.&#8221; Webster added, &#8220;Due to the speed and depth of the pandemic, our small business customers were quickly impacted. We were excited to participate in the Paycheck Protection Program (PPP) offered by the Small Business Administration under the CARES Act. The PPP provided a much needed funding lifeline to our customers. So far, we have funded over 280 SBA loans totaling over&nbsp;<span class=\"xn-money\">$60 million<\/span>. These funds are helping companies in the&nbsp;<span class=\"xn-location\">Tucson<\/span>&nbsp;and&nbsp;<span class=\"xn-location\">Phoenix<\/span>&nbsp;market navigate the challenges of the crisis.&#8221;<\/p>\n<p><strong>First Quarter 2020 Highlights<\/strong><\/p>\n<ul>\n<li>Net Income for the quarter was&nbsp;<span class=\"xn-money\">$371,000<\/span>.<\/li>\n<li>NIM of 4.20% for the quarter;<\/li>\n<li>Deposits have grown 8.3% compared to the 1Q of 2019.<\/li>\n<\/ul>\n<p><strong>Balance Sheet<br class=\"dnr\" \/><\/strong>Total assets increased by 2.5% to&nbsp;<span class=\"xn-money\">$243.6 million<\/span>&nbsp;during the quarter ended&nbsp;<span class=\"xn-chron\">March 31, 2020<\/span>&nbsp;and increased 8.1% compared to&nbsp;<span class=\"xn-money\">$225.5 million<\/span>&nbsp;a year ago. Total loans increased by 0.3% to&nbsp;<span class=\"xn-money\">$174.5 million<\/span>&nbsp;in the quarter and decreased 4.9% compared to&nbsp;<span class=\"xn-money\">$183.5 million<\/span>&nbsp;a year ago. Total deposits increased by 2.5% to&nbsp;<span class=\"xn-money\">$212.8 million<\/span>&nbsp;during the quarter and increased 8.3% compared to&nbsp;<span class=\"xn-money\">$196.5 million<\/span>&nbsp;a year ago.<\/p>\n<p>The allowance for loan losses totaled&nbsp;<span class=\"xn-money\">$2.98 million<\/span>&nbsp;at&nbsp;<span class=\"xn-chron\">March 31, 2020<\/span>, or 1.71% of total loans. No material changes have occurred in the credit quality of the loan portfolio since the preceding quarter.<\/p>\n<p>Shareholders&#8217; equity increased to&nbsp;<span class=\"xn-money\">$22.3 million<\/span>&nbsp;at&nbsp;<span class=\"xn-chron\">March 31, 2020<\/span>, from&nbsp;<span class=\"xn-money\">$20.9 million<\/span>&nbsp;the preceding quarter. At&nbsp;<span class=\"xn-chron\">March 31, 2020<\/span>, book value and tangible book value were&nbsp;<span class=\"xn-money\">$2.71<\/span>&nbsp;per share compared to<\/p>\n<p><span class=\"xn-money\">$2.66<\/span>&nbsp;per share at&nbsp;<span class=\"xn-chron\">December 31, 2019<\/span>&nbsp;and&nbsp;<span class=\"xn-money\">$2.48<\/span>&nbsp;per share a year ago.<\/p>\n<p><strong>Capital Management<br class=\"dnr\" \/><\/strong>Capital ratios exceeded regulatory guidelines for a well-capitalized institution under Basel III and Dodd Frank Wall Street Reform requirements at&nbsp;<span class=\"xn-chron\">March 31, 2020<\/span>. Capital ratios are presented below.<\/p>\n<p><strong>About the Company<br class=\"dnr\" \/><\/strong>Commerce Bank of Arizona,&nbsp;established in 2002 in&nbsp;<span class=\"xn-location\">Tucson, Arizona<\/span>, is a full-service community bank that caters to small-to mid-sized businesses and real estate professionals. CBAZ offers commercial clients with a variety of services ranging from U.S. Small Business Administration (SBA) financing solutions, construction loans, and commercial real estate loans. CBOA Financial, Inc is a single-bank holding company and parent of the Bank. The Company is traded over-the-counter as CBOF.&nbsp;For additional information, visit:&nbsp;<strong>www.commercebankaz.com.<\/strong><\/p>\n<p><strong>Forward-looking Statements<br class=\"dnr\" \/><\/strong>This press release may include forward-looking statements about CBOA Financial, Inc. or Commerce Bank of&nbsp;<span class=\"xn-location\">Arizona<\/span>. These statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such risks and uncertainties include, but are not limited to, the following factors: competition, fluctuations in interest rates, dependency on key individuals, loan defaults, geographical concentration, litigation and changes in federal laws, regulations and interpretations thereof. All forward-looking statements included in this press release are based on information available at the time of the release, and CBOA Financial, Inc. and Commerce Bank of&nbsp;<span class=\"xn-location\">Arizona<\/span>&nbsp;assume no obligation to update any forward-looking statement.<\/p>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table class=\"prntblns\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbb1 prntac prnpl6 prnsbl1 prnpr6\" colspan=\"5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Unaudited Consolidated Summary Financial Information<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbbs prntal prnpl6 prnsbl1 prnpr6\" rowspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><em>Dollars in thousands &#8211; Unaudited<\/em><\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbbs prntac prnpl6 prnsbl1 prnpr6\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>For the quarter ended<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>3\/30\/2020<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>12\/31\/2019<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>3\/30\/2019<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbtbl prnsbr1 prnvab prnsbbs prntal prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Summary Income Data<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<td class=\"prngen8\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Interest Income<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2,826<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2,969<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2,818<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Interest expense<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">446<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">489<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">381<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Net Interest Income<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2,380<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2,480<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2,437<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Provision for (reduction in) loan losses<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(279)<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(74)<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Non-interest income<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">8<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">139<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">71<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Realized gains (losses) on sales of securities<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">121<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Non-interest expense<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2,417<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2,251<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2,185<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Income (loss) before income taxes<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">371<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">445<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">323<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Provision for income tax<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Net Income<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">371<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">445<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">323<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen11\">&nbsp;<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen13\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Per Share Data<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen14\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Shares outstanding end-of-period<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">8,208<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">7,878<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">7,828<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Earnings per common share ($&#8217;s)<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.05<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.06<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.04<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Earnings per common share (Diluted) ($&#8217;s)<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.04<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.04<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.03<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Cash dividend declared<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Total shareholders&#8217; equity<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">22,265<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">20,944<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">19,418<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Book value per share ($&#8217;s)<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.71<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.66<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.48<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen11\">&nbsp;<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen13\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Selected Balance Sheet Data<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen14\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Total assets<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">243,630<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">237,788<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">225,469<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Securities available-for-sale<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">29,178<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">26,162<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">14,515<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Loans<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">174,471<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">173,976<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">183,450<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Allowance for loan losses<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2,978<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2,969<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2,883<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Deposits<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">212,807<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">207,519<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">196,492<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Other borrowings<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Shareholders&#8217; equity<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">22,265<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">20,944<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">19,418<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen11\">&nbsp;<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen13\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Performance Ratios (%)<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen14\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbtbl prnsbr1 prnvab prnsbb1 prntal prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Return on average shareholders&#8217; equity<br class=\"dnr\" \/>&nbsp;(annualized)&nbsp;<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">6.67<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">8.50<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">6.65<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Net interest margin<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4.20<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4.43<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4.47<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Efficiency ratio&nbsp;<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">98.61<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">83.91<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">81.32<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen11\">&nbsp;<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen13\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Asset Quality Data (%)<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen14\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Nonperforming assets to total assets&nbsp;<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.40<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.61<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4.23<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Reserve for loan losses to total loans&nbsp;<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.71<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.71<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.65<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Charge-offs to average loans for period<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(0.66)<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(0.22)<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(0.23)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen11\">&nbsp;<\/td>\n<td class=\"prngen16\">&nbsp;<\/td>\n<td class=\"prngen16\">&nbsp;<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen13\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Regulatory Capital Ratios (%)<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen14\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Common Equity Tier 1&nbsp;<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">13.61<\/span><\/p>\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">13.71<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">12.97<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Tier 1 risk-based capital ratio&nbsp;<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">13.61<\/span><\/p>\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">13.71<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">12.97<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Total risk-based capital ratio&nbsp;<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">14.87<\/span><\/p>\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">14.97<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">14.22<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Tier 1 leverage capital ratio&nbsp;<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">&nbsp;<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">11.12<\/span><\/p>\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">11.07<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">11.06<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<p>Contact:<br class=\"dnr\" \/><span class=\"xn-person\">Chris Webster<\/span><br class=\"dnr\" \/>President &amp; CEO<br class=\"dnr\" \/>480-253-4511<br class=\"dnr\" \/>cwebster@commercebankaz.com&nbsp;<\/p>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/www.commercebankaz.com\" target=\"_blank\">http:\/\/www.commercebankaz.com<\/a><br \/><b>Contact Information:<\/b><br \/>Chris Webster<br \/>\nPresident &#038; CEO<br \/>\n480-253-4511<br \/>\ncwebster@commercebankaz.com<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire-real-estate\/\" rel=\"category tag\">Wire Real Estate<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Chris Webster<br \/>\nPresident &#038; CEO<br \/>\n480-253-4511<br \/>\ncwebster@commercebankaz.com\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CBOA Financial, Inc. parent company of Commerce Bank of&nbsp;Arizona&nbsp;(the &ldquo;Bank&rdquo; or &ldquo;CBAZ&rdquo;), announced that consolidated net income for quarter ending&nbsp;March 31, 2020&nbsp;decreased 16.6% to&nbsp;$371,000, from&nbsp;$445,000&nbsp;in the fourth quarter of 2019. Chris Webster, Bank President and Chief Executive Officer stated, &ldquo;While 2020 started strong for the Bank, the unprecedented effects of the Covid-19 pandemic began impacting &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/05\/29\/cboa-financial-inc-reports-consolidated-earnings-of-371000-in-1q-2020\/\">Continue reading <span>CBOA Financial, Inc. Reports Consolidated Earnings of $371,000 in 1Q 2020<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/05\/29\/cboa-financial-inc-reports-consolidated-earnings-of-371000-in-1q-2020\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,22,54,18],"tags":[],"class_list":["post-17047","post","type-post","status-publish","format-standard","hentry","category-english","category-united-states","category-wire","category-wire-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CBOA Financial, Inc. Reports Consolidated Earnings of $371,000 in 1Q 2020 - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2020\/05\/29\/cboa-financial-inc-reports-consolidated-earnings-of-371000-in-1q-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBOA Financial, Inc. Reports Consolidated Earnings of $371,000 in 1Q 2020 - Business\" \/>\n<meta property=\"og:description\" content=\"CBOA Financial, Inc. parent company of Commerce Bank of&nbsp;Arizona&nbsp;(the &ldquo;Bank&rdquo; or &ldquo;CBAZ&rdquo;), announced that consolidated net income for quarter ending&nbsp;March 31, 2020&nbsp;decreased 16.6% to&nbsp;$371,000, from&nbsp;$445,000&nbsp;in the fourth quarter of 2019. Chris Webster, Bank President and Chief Executive Officer stated, &ldquo;While 2020 started strong for the Bank, the unprecedented effects of the Covid-19 pandemic began impacting &hellip; Continue reading CBOA Financial, Inc. Reports Consolidated Earnings of $371,000 in 1Q 2020 Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ipsnews.net\/business\/2020\/05\/29\/cboa-financial-inc-reports-consolidated-earnings-of-371000-in-1q-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-29T12:16:00+00:00\" \/>\n<meta name=\"author\" content=\"Asiya\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Asiya\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/05\/29\/cboa-financial-inc-reports-consolidated-earnings-of-371000-in-1q-2020\/\",\"url\":\"https:\/\/ipsnews.net\/business\/2020\/05\/29\/cboa-financial-inc-reports-consolidated-earnings-of-371000-in-1q-2020\/\",\"name\":\"CBOA Financial, Inc. Reports Consolidated Earnings of $371,000 in 1Q 2020 - Business\",\"isPartOf\":{\"@id\":\"https:\/\/ipsnews.net\/business\/#website\"},\"datePublished\":\"2020-05-29T12:16:00+00:00\",\"author\":{\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/3a37b5ed16b9ebaf70290330c45a2e37\"},\"breadcrumb\":{\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/05\/29\/cboa-financial-inc-reports-consolidated-earnings-of-371000-in-1q-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ipsnews.net\/business\/2020\/05\/29\/cboa-financial-inc-reports-consolidated-earnings-of-371000-in-1q-2020\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/05\/29\/cboa-financial-inc-reports-consolidated-earnings-of-371000-in-1q-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ipsnews.net\/business\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CBOA Financial, Inc. Reports Consolidated Earnings of $371,000 in 1Q 2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ipsnews.net\/business\/#website\",\"url\":\"https:\/\/ipsnews.net\/business\/\",\"name\":\"Business\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ipsnews.net\/business\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/3a37b5ed16b9ebaf70290330c45a2e37\",\"name\":\"Asiya\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d4d7dcc41e3f5a5cad4cf78eca935d2f4c65cc9a91e376789d357e29806bcb91?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d4d7dcc41e3f5a5cad4cf78eca935d2f4c65cc9a91e376789d357e29806bcb91?s=96&d=mm&r=g\",\"caption\":\"Asiya\"},\"sameAs\":[\"https:\/\/icrowdnewswire.com\/fc\"],\"url\":\"https:\/\/ipsnews.net\/business\/author\/asiya\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CBOA Financial, Inc. Reports Consolidated Earnings of $371,000 in 1Q 2020 - Business","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ipsnews.net\/business\/2020\/05\/29\/cboa-financial-inc-reports-consolidated-earnings-of-371000-in-1q-2020\/","og_locale":"en_US","og_type":"article","og_title":"CBOA Financial, Inc. Reports Consolidated Earnings of $371,000 in 1Q 2020 - Business","og_description":"CBOA Financial, Inc. parent company of Commerce Bank of&nbsp;Arizona&nbsp;(the &ldquo;Bank&rdquo; or &ldquo;CBAZ&rdquo;), announced that consolidated net income for quarter ending&nbsp;March 31, 2020&nbsp;decreased 16.6% to&nbsp;$371,000, from&nbsp;$445,000&nbsp;in the fourth quarter of 2019. Chris Webster, Bank President and Chief Executive Officer stated, &ldquo;While 2020 started strong for the Bank, the unprecedented effects of the Covid-19 pandemic began impacting &hellip; Continue reading CBOA Financial, Inc. Reports Consolidated Earnings of $371,000 in 1Q 2020 Continue Reading &rarr;","og_url":"https:\/\/ipsnews.net\/business\/2020\/05\/29\/cboa-financial-inc-reports-consolidated-earnings-of-371000-in-1q-2020\/","og_site_name":"Business","article_published_time":"2020-05-29T12:16:00+00:00","author":"Asiya","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Asiya","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/ipsnews.net\/business\/2020\/05\/29\/cboa-financial-inc-reports-consolidated-earnings-of-371000-in-1q-2020\/","url":"https:\/\/ipsnews.net\/business\/2020\/05\/29\/cboa-financial-inc-reports-consolidated-earnings-of-371000-in-1q-2020\/","name":"CBOA Financial, Inc. Reports Consolidated Earnings of $371,000 in 1Q 2020 - Business","isPartOf":{"@id":"https:\/\/ipsnews.net\/business\/#website"},"datePublished":"2020-05-29T12:16:00+00:00","author":{"@id":"https:\/\/ipsnews.net\/business\/#\/schema\/person\/3a37b5ed16b9ebaf70290330c45a2e37"},"breadcrumb":{"@id":"https:\/\/ipsnews.net\/business\/2020\/05\/29\/cboa-financial-inc-reports-consolidated-earnings-of-371000-in-1q-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ipsnews.net\/business\/2020\/05\/29\/cboa-financial-inc-reports-consolidated-earnings-of-371000-in-1q-2020\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ipsnews.net\/business\/2020\/05\/29\/cboa-financial-inc-reports-consolidated-earnings-of-371000-in-1q-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ipsnews.net\/business\/"},{"@type":"ListItem","position":2,"name":"CBOA Financial, Inc. Reports Consolidated Earnings of $371,000 in 1Q 2020"}]},{"@type":"WebSite","@id":"https:\/\/ipsnews.net\/business\/#website","url":"https:\/\/ipsnews.net\/business\/","name":"Business","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ipsnews.net\/business\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ipsnews.net\/business\/#\/schema\/person\/3a37b5ed16b9ebaf70290330c45a2e37","name":"Asiya","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ipsnews.net\/business\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d4d7dcc41e3f5a5cad4cf78eca935d2f4c65cc9a91e376789d357e29806bcb91?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d4d7dcc41e3f5a5cad4cf78eca935d2f4c65cc9a91e376789d357e29806bcb91?s=96&d=mm&r=g","caption":"Asiya"},"sameAs":["https:\/\/icrowdnewswire.com\/fc"],"url":"https:\/\/ipsnews.net\/business\/author\/asiya\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts\/17047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/comments?post=17047"}],"version-history":[{"count":0,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts\/17047\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/media?parent=17047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/categories?post=17047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/tags?post=17047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}