Centric Financial Corporation to Participate in 2019 FIG Partners Bank CEO Forum
HARRISBURG, Pa., Jan. 18, 2019 /PRNewswire/ -- Centric Financial Corporation, Inc., ("Centric") (CFCX), the holding company for Centric Bank, today announced that they will participate in the 23rd FIG Partners CEO Forum in Scottsdale, Arizona, January 30 through January 31, 2019.
Patricia (Patti) A. Husic, President and CEO, and Sandra (Sandie) J. Schultz, Executive Vice President and Chief Financial Officer, will attend the conference to meet with institutional investors. Participation at the conference is by invitation only and registration is mandatory. Investors and bank managements of all sizes will meet to discuss recent earnings, the year ahead, and future growth.
"An invitation to attend FIG Partners' prestigious CEO Forum is an honor and a unique opportunity for us to introduce Centric Bank to a new field of institutional investors and meet with some of our current investors. When we can share our story of outperformance in person, it fills the meeting with contagious optimism anchored in strong numbers," says Husic. "Dedicated to the success of American small business and a growing economy on Main Street, our teams deliver intelligent banking services, a nationally ranked SBA 7(a) lending program, and capital to unlock capacity. We have an attractive growth story and it's deeply rooted in the communities we serve."
As of September 30, 2018, Centric Bank had total assets of $717 million, commercial loan growth of 30%, or $145 million, core deposit growth of 28%, or $132 million, and net income after taxes of $5.9 million, an 87% increase from the prior year. Return of assets grew to 1.24% and net interest margin grew to 3.96%. Centric Bank is attracting regional attention by building a community foundation of financial health, prosperity, and vibrancy with principles of smart, profitable growth.
To schedule a one-on-one meeting with the executive management of Centric Financial Corporation, please contact Sandra Schultz at 717.909.8305, email [email protected], or contact your respective FIG Partners representative.
ABOUT FIG PARTNERS
FIG Partners LLC is one of the nation's premier investment banking and research firms specializing in community banks. Headquartered in Atlanta, FIG has offices in Chicago, San Francisco, Los Angeles, New Jersey and Raleigh, North Carolina. For more information, call 404.601.7200 or visit www.figpartners.com.
ABOUT CENTRIC FINANCIAL CORPORATION AND CENTRIC BANK
An American Banker 2018 Best Bank to Work For, three-time Best Places to Work, and Top 50 Fastest-Growing Companies for six years, Centric Bank is headquartered in south central Pennsylvania with assets of $717 million and remains the leader in organic loan growth in central Pennsylvania. A locally owned, locally loaned community bank, Centric Bank provides highly competitive and pro-growth financial services to businesses, professionals, individuals, families, and the health care industry. Centric Bank ranks #8 in approved SBA 7(a) loans in the Commonwealth of Pennsylvania as of June 30, 2018, and ranked #110 in SBA 7(a) loan volume in the United States at the end of 2017.
Founded in 2007, Pennsylvania-based Centric Bank has financial centers located in Harrisburg, Hershey, Mechanicsburg, and Camp Hill, offices in Devon, loan production offices in Lancaster and Doylestown, and an Operations and Executive Office campus in Hampden Township, Cumberland County. To learn more about Centric Bank, call 717.657.7727 or visit CentricBank.com. Connect with them on Twitter, Facebook, LinkedIn, and Instagram.
Centric Financial Corporation is traded over the counter (OTC-Pink) with the ticker symbol CFCX.
Contact:
Patricia A. Husic
President and CEO
717.909.8309
[email protected]
Sandra J. Schultz
Executive Vice President and CFO
717.909.8305
[email protected]
SOURCE Centric Financial Corporation, Inc.
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