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Articles from CBB Bancorp, Inc.

CBB Bank Announces Leadership Transition
CBB Bancorp, Inc. (“CBB” or the “Company”) (OTCQX: CBBI), the parent company of Commonwealth Business Bank (the “Bank”), today announced that Mr. James Hong will retire from his roles as President and Chief Executive Officer of both the Company and the Bank, effective April 18, 2025.
By CBB Bancorp, Inc. · Via Business Wire · April 18, 2025
CBB Bancorp Announces Appointment of Alex Ko as Chief Operating Officer
CBB Bancorp, Inc. (“CBB” or the “Company”) (OTCQX: CBBI), the parent company of Commonwealth Business Bank (the “Bank”), announced the appointment of Alex Ko as Executive Vice President and Chief Operating Officer, effective January 2, 2025.
By CBB Bancorp, Inc. · Via Business Wire · January 31, 2025
CBB Bancorp Declares Quarterly Cash Dividend of $.10 per share
CBB Bancorp, Inc. (the "Company') (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per common share. The dividend is payable on February 28, 2025, to all stockholders of record as of the close of business on February 14, 2025.
By CBB Bancorp, Inc. · Via Business Wire · January 31, 2025
CBB Bancorp, Inc. Reports Fourth Quarter 2024 Financial Results
CBB Bancorp, Inc. ("CBB" or the "Company') (OTCQX: CBBI), the holding company of Commonwealth Business Bank, doing business as “CBB Bank” (the "Bank"), announced today net income of $5.7 million for the fourth quarter 2024, or $0.54 per diluted share compared to $5.6 million in the third quarter 2024, or $0.53 per diluted share.
By CBB Bancorp, Inc. · Via Business Wire · January 31, 2025
CBB Bancorp Declares Quarterly Cash Dividend of $.10 per share
CBB Bancorp, Inc. (the "Company') (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per common share. The dividend is payable on November 22, 2024, to all stockholders of record as of the close of business on November 08, 2024.
By CBB Bancorp, Inc. · Via Business Wire · October 25, 2024
CBB Bancorp, Inc. Reports Third Quarter 2024 Financial Results
CBB Bancorp, Inc. ("CBB" or the "Company') (OTCQX: CBBI), the holding company of Commonwealth Business Bank, doing business as “CBB Bank” (the "Bank"), announced today net income of $5.6 million for the third quarter 2024, or $0.53 per diluted share compared to $5.5 million in the second quarter 2024, or $0.51 per diluted share.
By CBB Bancorp, Inc. · Via Business Wire · October 25, 2024
CBB Bancorp, Inc. Announces Addition of James R. Walther to Board of Directors
CBB Bancorp, Inc. (the “Company”) (OTCQX: CBBI), the parent company of Commonwealth Business Bank (the “Bank”), today announced that James R. Walther has been appointed to its Board of Directors, as well as to the Board of the Company’s subsidiary bank. The appointment to each of the Boards is effective August 1, 2024.
By CBB Bancorp, Inc. · Via Business Wire · August 2, 2024
CBB Bancorp Declares Quarterly Cash Dividend of $.08 per share
CBB Bancorp, Inc. (the "Company') (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.08 per common share. The dividend is payable on August 23, 2024, to all stockholders of record as of the close of business on August 09, 2024.
By CBB Bancorp, Inc. · Via Business Wire · July 26, 2024
CBB Bancorp, Inc. Reports Second Quarter 2024 Financial Results
CBB Bancorp, Inc. ("CBB" or the "Company') (OTCQX: CBBI), the holding company of Commonwealth Business Bank, doing business as “CBB Bank” (the "Bank"), announced today net income of $5.5 million for the second quarter 2024, or $0.51 per diluted share compared to $5.7 million in the first quarter 2024, or $0.54 per diluted share.
By CBB Bancorp, Inc. · Via Business Wire · July 26, 2024
CBB Bancorp Declares Quarterly Cash Dividend of $.08 per share
CBB Bancorp, Inc. (the "Company') (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.08 per common share. The dividend is payable on May 24, 2024, to all stockholders of record as of the close of business on May 10, 2024.
By CBB Bancorp, Inc. · Via Business Wire · April 26, 2024
CBB Bancorp, Inc. Reports First Quarter 2024 Financial Results
CBB Bancorp, Inc. ("CBB" or the "Company') (OTCQX: CBBI), the holding company of Commonwealth Business Bank, doing business as “CBB Bank” (the "Bank"), announced today net income of $5.7 million for the first quarter 2024, or $0.54 per diluted share, a decrease of 19.0% compared to $7.0 million, or $0.66 per diluted share, in the prior quarter and a decrease of 20.0% compared to $7.1 million, or $0.67 per diluted share, in the same period last year.
By CBB Bancorp, Inc. · Via Business Wire · April 26, 2024
CBB Bancorp, Inc. Announces Addition of Douglas Goddard to Board of Directors
CBB Bancorp, Inc. (the “Company”) (OTCQX: CBBI), the parent company of Commonwealth Business Bank (the “Bank”), today announced that Douglas Goddard has been appointed to its Board of Directors, as well as to the Board of the Company’s subsidiary bank. The appointment to each of the Boards is effective March 1, 2024.
By CBB Bancorp, Inc. · Via Business Wire · February 29, 2024
CBB Bancorp Declares Quarterly Cash Dividend of $.08 per share
CBB Bancorp, Inc. (the "Company') (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.08 per common share. The dividend is payable on February 23, 2024, to all stockholders of record as of the close of business on February 09, 2024.
By CBB Bancorp, Inc. · Via Business Wire · January 26, 2024
CBB Bancorp, Inc. Reports Fourth Quarter 2023 Financial Results
CBB Bancorp, Inc. ("CBB" or the "Company') (OTCQX: CBBI), the holding company of Commonwealth Business Bank, doing business as “CBB Bank” (the "Bank"), announced today net income of $7.0 million for the fourth quarter 2023 or $0.66 per diluted share, an increase of 5.0% compared to $6.7 million, or $0.63 per diluted share, in the prior quarter and a decrease of 4.5% compared to $7.3 million, or $0.70 per diluted share, in the same period last year.
By CBB Bancorp, Inc. · Via Business Wire · January 26, 2024
CBB Bancorp Declares Quarterly Cash Dividend of $.08 Per Share
CBB Bancorp, Inc. (the "Company') (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $.08 per common share. The dividend is payable on November 22, 2023, to all stockholders of record as of the close of business on November 10, 2023.
By CBB Bancorp, Inc. · Via Business Wire · October 27, 2023
CBB Bancorp, Inc. Reports Third Quarter 2023 Financial Results
CBB Bancorp, Inc. ("CBB" or the "Company") (OTCQX: CBBI), the holding company of Commonwealth Business Bank (the "Bank"), announced today net income for third quarter 2023 of $6.7 million, or $0.63 per diluted share, a decrease of 17.1% compared to $8.1 million, or $0.76 per diluted share, in the prior quarter and an increase of 16.7% compared to $5.7 million, or $0.54 per diluted share, in the same period last year.
By CBB Bancorp, Inc. · Via Business Wire · October 27, 2023
CBB Bancorp Announces Appointment of Richard Koh as Chief Financial Officer
CBB Bancorp, Inc. (“CBB” or the “Company”) (OTCQX: CBBI), the parent company of Commonwealth Business Bank (the “Bank”), today announced that Richard Koh has joined the company as Executive Vice President and Chief Financial Officer on October 2, 2023.
By CBB Bancorp, Inc. · Via Business Wire · October 3, 2023
CBB Bancorp Declares Quarterly Cash Dividend of $.08 Per Share
CBB Bancorp, Inc. (the "Company") (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $.08 per common share. The dividend is payable on August 25, 2023, to all stockholders of record as of the close of business on August 11, 2023.
By CBB Bancorp, Inc. · Via Business Wire · July 28, 2023
CBB Bancorp, Inc. Reports Second Quarter 2023 Financial Results
CBB Bancorp, Inc. ("CBB" or the "Company') (OTCQX: CBBI), the holding company of Commonwealth Business Bank (the "Bank"), announced today net income for second quarter 2023 of $8.1 million, or $0.76 per diluted share, an increase of 14.3% compared to $7.1 million, or $0.67 per diluted share, in the prior quarter and an increase of 25.5% compared to $6.5 million, or $0.62 per diluted share, in the same period last year.
By CBB Bancorp, Inc. · Via Business Wire · July 28, 2023
CBB Bancorp Declares Quarterly Cash Dividend of $.08 Per Share
CBB Bancorp, Inc. (the “Company”) (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $.08 per common share. The dividend is payable on May 26, 2023, to all stockholders of record as of the close of business on May 12, 2023.
By CBB Bancorp, Inc. · Via Business Wire · April 28, 2023
CBB Bancorp, Inc. Reports First Quarter 2023 Financial Results
CBB Bancorp, Inc. ("CBB" or the "Company”) (OTCQX: CBBI), the holding company of Commonwealth Business Bank, doing business as CBB Bank (the "Bank"), announced today net income for first quarter 2023 of $7.1 million, or $0.67 per diluted share, a decrease of 3.3% compared to $7.3 million, or $0.70 per diluted share, in the prior quarter and a decrease of 15.7% compared to $8.4 million, or $0.80 per diluted share, in the same period last year.
By CBB Bancorp, Inc. · Via Business Wire · April 28, 2023
CBB Bancorp Declares Quarterly Cash Dividend of $.08 per Share
CBB Bancorp, Inc. (the "Company") (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $.08 per common share. The dividend is payable on February 24, 2023, to all stockholders of record as of the close of business on February 10, 2023.
By CBB Bancorp, Inc. · Via Business Wire · January 27, 2023
CBB Bancorp, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results
CBB Bancorp, Inc. ("CBB" or the "Company') (OTCQX: CBBI), the holding company of Commonwealth Business Bank, doing business as CBB Bank (the "Bank"), announced today net income for fourth quarter 2022 of $7.3 million, or $0.70 per diluted share, an increase of 28.0% compared to $5.7 million, or $0.54 per diluted share, in the prior quarter and a decrease of 8.5% compared to $8.0 million, or $0.77 per diluted share, in the same period last year.
By CBB Bancorp, Inc. · Via Business Wire · January 27, 2023
CBB Bancorp, Inc. Announces Addition of Khoi D. Dang to Board of Directors, Retirement of Alvin D. Kang
CBB Bancorp, Inc. (the “Company”) (OTCQX: CBBI), the parent company of Commonwealth Business Bank (the “Bank”), today announced that Khoi D. Dang has been appointed to its Board of Directors, as well as to the Board of the Company’s subsidiary bank. The appointment to each of the Boards is effective January 1, 2023.
By CBB Bancorp, Inc. · Via Business Wire · December 30, 2022
CBB Bancorp Declares Quarterly Cash Dividend of $.08 per share
CBB Bancorp, Inc. (the "Company') (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $.08 per common share. The dividend is payable on November 25, 2022, to all stockholders of record as of the close of business on November 10, 2022.
By CBB Bancorp, Inc. · Via Business Wire · October 28, 2022
CBB Bancorp, Inc. Reports Third Quarter 2022 Financial Results
CBB Bancorp, Inc. ("CBB" or the "Company') (OTCQX: CBBI), the holding company of Commonwealth Business Bank (the "Bank"), announced today net income for third quarter 2022 of $5.7 million, or $.54 per diluted share, a decrease of 11.3% compared to $6.5 million, or $.62 per diluted share, in the prior quarter and a decrease of 27.3% compared to $7.9 million, or $.75 per diluted share, in the same period last year.
By CBB Bancorp, Inc. · Via Business Wire · October 28, 2022
CBB Bancorp Declares Quarterly Cash Dividend of $.08 per share
CBB Bancorp, Inc. (the "Company') (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $.08 per common share. The dividend is payable on August 26 2022, to all stockholders of record as of the close of business on August 12, 2022.
By CBB Bancorp, Inc. · Via Business Wire · July 29, 2022
CBB Bancorp, Inc. Reports Second Quarter 2022 Financial Results
CBB Bancorp, Inc. ("CBB" or the "Company') (OTCQX: CBBI), the holding company of Commonwealth Business Bank (the "Bank"), announced today net income for second quarter 2022 of $6.5 million, or $0.62 per diluted share, a decrease of 23.2% compared to $8.4 million, or $0.80 per diluted share, in the prior quarter and an increase of 2.4% compared to $6.3 million, or $0.61 per diluted share, in the same period last year.
By CBB Bancorp, Inc. · Via Business Wire · July 29, 2022
CBB Bancorp Declares Quarterly Cash Dividend of $.08 per Share
CBB Bancorp, Inc. (the "Company') (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $.08 per common share. The dividend is payable on May 27, 2022, to all stockholders of record as of the close of business on May 13, 2022.
By CBB Bancorp, Inc. · Via Business Wire · April 29, 2022
CBB Bancorp, Inc. Reports First Quarter 2022 Financial Results
CBB Bancorp, Inc. ("CBB" or the "Company') (OTCQX: CBBI), the holding company of Commonwealth Business Bank (the "Bank"), announced today net income for first quarter 2022 of $8.4 million, or $0.80 per diluted share, an increase of 4.9% compared to $8.0 million, or $0.77 per diluted share, in the prior quarter and 57.6% compared to $5.3 million, or $0.52 per diluted share, in the same period last year.
By CBB Bancorp, Inc. · Via Business Wire · April 29, 2022
CBB Bancorp, Inc. Announces Retirement of Chief Executive Officer Joanne Kim and Appointment of James Hong as New CEO
CBB Bancorp, Inc. (“CBB” or the “Company”) (OTCQX: CBBI), the parent company of Commonwealth Business Bank (the “Bank”) today announced that Ms. Joanne Kim is retiring this month from her positions as President and Chief Executive Officer of the Company and the Bank.
By CBB Bancorp, Inc. · Via Business Wire · April 12, 2022
CBB Bancorp Declares Quarterly Cash Dividend of $.077 Per Share
CBB Bancorp, Inc. (the "Company') (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $.077 per common share. The dividend is payable on or about February 25, 2022, to all stockholders of record as of the close of business on February 11, 2022.
By CBB Bancorp, Inc. · Via Business Wire · January 28, 2022
CBB Bancorp, Inc. Reports Fourth Quarter and Full Year 2021 Financial Results
CBB Bancorp, Inc. ("CBB" or the "Company') (OTCQX: CBBI), the holding company of Commonwealth Business Bank (the "Bank"), announced today net income for fourth quarter 2021 of $8.0 million, or $0.77 per diluted share, an increase of 1.7% compared to $7.9 million, or $0.75 per diluted share, in the prior quarter and $115.7% compared to $3.7 million, or $0.36 per diluted share, in the same period last year.
By CBB Bancorp, Inc. · Via Business Wire · January 28, 2022
CBB Bancorp Declares Quarterly Cash Dividend of $.075 per share
CBB Bancorp, Inc. (the "Company') (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $.075 per common share. The dividend is payable on or about November 26, 2021, to all stockholders of record as of the close of business on November 12, 2021.
By CBB Bancorp, Inc. · Via Business Wire · October 29, 2021
CBB Bancorp, Inc. Reports Third Quarter 2021 Financial Results
October 28, 2021 - CBB Bancorp, Inc. ("CBB" or the "Company') (OTCQX: CBBI), the holding company of Commonwealth Business Bank (the "Bank"), announced today net income for third quarter 2021 of $7.9 million, or $0.75 per diluted share, an increase of 25.0%, compared to $6.3 million, or $0.61 per diluted share, in the prior quarter and 171.5% compared to $2.9 million, or $0.28 per diluted share, in the same period last year.
By CBB Bancorp, Inc. · Via Business Wire · October 29, 2021
CBB Bancorp Declares Quarterly Cash Dividend of $.061 per share
CBB Bancorp, Inc. (the "Company') (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $.061 per common share. The dividend is payable on or about August 27, 2021, to all stockholders of record as of the close of business on August 13, 2021.
By CBB Bancorp, Inc. · Via Business Wire · August 3, 2021
CBB Bancorp, Inc. Reports Second Quarter 2021 Financial Results
CBB Bancorp, Inc. ("CBB" or the "Company') (OTCQX: CBBI), the holding company of Commonwealth Business Bank (the "Bank"), announced today net income for second quarter 2021 of $6.3 million, or $0.61 per diluted share, an increase of 18.2%, compared to $5.3 million, or $0.52 per diluted share, in the prior quarter and 281.5% compared to $1.7 million, or $0.16 per diluted share, in the same period last year.
By CBB Bancorp, Inc. · Via Business Wire · July 29, 2021
CBB Bancorp Announces Addition of Martin Feuer to Board of Directors
CBB Bancorp, Inc. (“CBB” or the “Company”) (OTCQX: CBBI), the parent company of Commonwealth Business Bank (the “Bank”), today announced that Martin Feuer has been appointed to its Board of Directors, as well as to the Board of the Company’s subsidiary bank. The appointment to each of the Boards is effective as of July 8, 2021.
By CBB Bancorp, Inc. · Via Business Wire · July 12, 2021
CBB Bancorp Announces Completion of the Acquisition of Ohana Pacific Bank
CBB Bancorp, Inc. (OTCQX: CBBI) announced today that it has completed its acquisition of Ohana Pacific Bank (“Ohana”) (OTCPK:OHPB), located in Honolulu, Hawaii. This transaction expands CBB’s presence to Hawaii, where Ohana operates two branches. Ohana Pacific Bank will continue to provide services to its customers in the Hawaiian market, operating as a division of Commonwealth Business Bank (“CBB”).
By CBB Bancorp, Inc. · Via Business Wire · July 1, 2021
CBB Bancorp Initiates Payment of Quarterly Dividend of $.05 Per Share
CBB Bancorp, Inc. (the "Company') (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $.05 per common share. The dividend is payable on or about June 25, 2021, to all stockholders of record as of the close of business on June 11, 2021. Although the Company expects to pay dividends on a quarterly basis, any subsequent declaration of dividends, including amount, the record dates and payment dates for such future dividend payments is subject to the discretion of the Board of Directors.
By CBB Bancorp, Inc. · Via Business Wire · May 26, 2021
CBB Bancorp Announces Receipt of Regulatory Approvals for Acquisition
CBB Bancorp, Inc. (“Company”) (OTCQX: CBBI) announced today that it has received all regulatory approvals required to complete its previously announced agreement to acquire Ohana Pacific Bank, located in Honolulu, Hawaii. The Company also announced that the Ohana Pacific Bank stockholders have approved the transaction.
By CBB Bancorp, Inc. · Via Business Wire · May 13, 2021
CBB Bancorp, Inc. Reports First Quarter 2021 Financial Results
CBB Bancorp, Inc. ("CBB" or the "Company') (OTCQX: CBBI), the holding company of Commonwealth Business Bank (the "Bank"), announced today net income for first quarter 2021 of $5.3 million, or $0.52 per diluted share, an increase of 43.6% compared to $3.7 million, or $0.36 per diluted share, in the prior quarter and 230.9% compared to $1.6 million, or $0.16 per diluted share, in the same period last year.
By CBB Bancorp, Inc. · Via Business Wire · April 30, 2021