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Article: American Republic Bancorp reports earnings.
- Article from:
- PR Newswire
- Article date:
- October 19, 1987
CopyrightCOPYRIGHT 1987 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AMERICAN REPUBLIC BANCORP REPORTS EARNINGS
TORRANCE, Calif., Oct. 19 /PRNewswire/ -- Sharply higher earnings were recorded for the third quarter and first nine months of 1987 by American Republic Bancorp (NASDAQ: ARBC), the parent company of Republic Bank, which has offices in Torrance, Gardena and Fullerton, Calif., President John B. O'Donnell announced today.
For the three months ended Sept. 30, net income was $413,000, or 32 cents a share, compared with $63,000, or 9 cents a share, for the like period last year. Per-share data are based on average common shares outstanding of 1,278,360 for the third quarter of 1987 and 728,476 for third quarter ...