Four Consecutive Quarters of Profit and Growth – 1st Capital Bank Announces its Unaudited Financial Results

1^st Capital Bank announced its impressive fourth consecutive quarter of profit and growth today. The bank has continued to grow in asset size and has expanded its market share in Monterey County. “The three months ended June 30, 2010 represent the fourth consecutive quarter of profitable operations for 1st Capital Bank,” said Fred Rowden, President and CEO of 1st Capital Bank. In addition, net income recorded for the quarter ended June 30, 2010 increased $187,000 (1169%) to $203,000, compared to $16,000 for the trailing quarter ended March 31, 2010.

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OceanFirst Financial Corp. Announces Growth in Deposits, Loans, Revenue and Earnings Per Share

OceanFirst Financial Corporation announced that their diluted earnings per share increased 3 cents from $.24 to $.27. To add, deposits increased $158.9 million during the last quarter, of which $156.6 million was in growth core deposits. Furthermore, total revenue increased to $23.3 million for the quarter.

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Lender Processing Services, Inc. Reports Strong Second Quarter Earnings

Lender Processing Services, a leader in integrated technology and services of the mortgage and real estate industries, reported gains from 78 cents per diluted share this time last year to 89 cents per diluted share currently. Jeff Carbiener, President and CEO of LPS said, “Our Mortgage Processing business delivered another strong quarter and while our Loan Facilitation and Default Services businesses were both impacted by sluggish industry trends, we continued to expand market share in both areas,”.

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