Cashmere Valley Bank (CSHX)
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Cashmere Valley Bank Reports Another Strong Quarter of Earnings at $7.2 Million, Year to Date Earnings of $21.1 Million
CASHMERE, WA / ACCESSWIRE / October 23, 2024 / Cashmere Valley Bank (OTCQX:CSHX) ("Bank"), announced quarterly earnings of $7.2 million for the quarter ended September 30, 2024. Year to date earnings totaled $21.1 million as compared to $20.3 million for the nine months ended September 30, 2023.
Cashmere Valley Bank Reports Robust Year-to-Date Earnings of $13.9 Million
CASHMERE, WA / ACCESSWIRE / July 16, 2024 / Cashmere Valley Bank (OTCQX:CSHX) ("Bank"), announced quarterly earnings of $6.6 million for the quarter ended June 30, 2024. Year-to-date earnings totaled $13.9 million as compared to $13.1 million for the six months ended June 30, 2023.
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Cashmere Valley Bank Profile
| Banks Industry | Financials Sector | Greg Oakes CEO | OTCQB Exchange | 14756K102 CUSIP |
| US Country | 308 Employees | 31 Jul 2026 Last Dividend | - Last Split | - IPO Date |
Overview
Cashmere Valley Bank, established in 1932 and headquartered in Cashmere, Washington, operates as a state-chartered institution catering to a broad clientele that includes small and middle-market businesses as well as retail customers. It offers a comprehensive suite of banking products and services, including specialized offerings for local municipalities. The bank is also involved in providing personal and commercial lines of insurance, showcasing its diversification into various financial solutions to meet the needs of its customers.
Products and Services
- Personal and Business Banking Accounts - Includes checking and savings accounts tailored to meet the financial management needs of both individuals and businesses.
- Loan Services - Offers a wide range of lending products such as personal, auto, boat, RV, and home equity loans, alongside mortgages for individuals. For businesses, Cashmere Valley Bank provides commercial real estate loans, commercial loans, operating lines of credit, and Small Business Administration loans, to support business growth and operations.
- Credit Cards - Availability of credit card services catering to both personal and business use, supporting financial flexibility.
- Equipment Financing - Specialized financial products designed to support the purchase of equipment by businesses, aiding in expansion and operational efficiency.
- Wealth Management - Comprehensive wealth management services to help clients manage their wealth, plan for retirement, and invest wisely.
- Payment Processing/Merchant Services - Solutions that allow businesses to process payments efficiently, enhancing the ease of financial transactions for companies and their customers.
- Treasury Services - Offers sophisticated treasury services aimed at optimizing cash flow, improving liquidity management, and streamlining payment processes for businesses.
- Municipal Banking Solutions - Provides banking and financing solutions tailored for local municipalities, including services like banking services, privately-placed bonds and notes, municipal credit cards, and interim-financings for rural development projects.
- Insurance - Offers both personal and commercial lines of insurance, covering property, casualty, life, and health, to protect against unforeseen events.
- Online and Mobile Banking Services - Modern banking conveniences such as telephone, mobile, and online banking, along with online cash management and bill payment services, facilitating easy and remote management of finances.
