Bank of Southern California, N.A. (BCAL) Announces its Fourth Quarter and Year-end 2017 Results

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SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced quarterly earnings of $1,134,397 for the fourth quarter of 2017, compared to $1,088,043 for the third quarter of 2017 and $902,476 for the fourth quarter of 2016. For the year, net earnings were $3,964,692 in 2017, a 32% increase compared to $3,009,251 for 2016. Results for the fourth quarter and year ended December 2017 include a $200,000 increase in income tax expense due to recent Tax Reform legislation. NOTICE: The news story Bank of Southern California, N.A. (BCAL) Announces its Fourth Quarter and Year-end 2017 Results appeared on and is Copr. © California Newswire®, - a publication of NEOTROPE®, USA. - California Newswire is...

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Bank of Southern California, N.A. (BCAL) Announces its Fourth Quarter and Year-end 2017 Results

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