CERRITOS, CALIFORNIA, Sept. 19, 2019 (GLOBE NEWSWIRE) -- (Nasdaq Capital Markets: FCBP) -- First Choice Bancorp, the holding company of First Choice Bank (collectively, “First Choice”), announced that its 9th Annual Golf Tournament will be held at Industry Hills Golf Club at Pacific Palms Resort on October 24, 2019.
For the past 8 years, First Choice has supported numerous non-profit organizations and donated to over 100 nonprofit groups. The goal for this year’s tournament is to surpass the record high donation of $111,600 from last year. The money raised by this year’s event will again be matched by the Much is Given Foundation, with 18 nonprofit organizations identified to receive this year’s donations.
"Every year, our Annual Charity Golf Tournament has been more successful than the last in raising donations to support local charities," said Peter Hui, Chairman. He added, "With the help of our clients, shareholders, employees and others, we have been able to make a positive impact on our communities by partnering with, and providing financial support to, local organizations that provide aid to those in our communities who need it most."
Once again, First Choice will be supporting 18 local nonprofit organizations in LA, Orange and San Diego counties and will honor a “Citizen of the Year” who encompasses the spirit of giving and contributes to the community. Last year, First Choice named Mickey Segal, Managing Partner of Nigro Karlin Segal & Feldstein, LLP, as “Citizen of the Year.”
This year’s selected charities are ABC Unified School District Education Foundation, Casa Teresa, Caterina’s Club, Chinatown Service Center, Chinese Christian Herald Crusades – Rowland Heights, Junior Achievement So Cal-San Diego, Kidsingers, Little Tokyo Service Center, Macedonia CDC, Operation Game ON, Orangewood Children’s Home Auxiliary La Casa, San Gabriel Valley Habitat for Humanity, The American Wheat Mission, The Entrepreneur Educational Center, Union Station Homeless Services, Weingart East LA YMCA, West LA Ronald McDonald House, and Youth Business Alliance.
About First Choice Bancorp
First Choice Bancorp, headquartered in Cerritos, California, is the sole shareholder of, and the registered bank holding company for, First Choice Bank. As of June 30, 2019, First Choice Bancorp had total consolidated assets of $1.73 billion. First Choice Bank, also headquartered in Cerritos, California, is a community-based financial institution that serves primarily commercial and consumer clients in diverse communities and specializes in loans to small-to medium-sized businesses and private banking clients, commercial and industrial loans, and commercial real estate loans with a specialization in providing financial solutions for the hospitality industry. First Choice Bank is a Preferred Small Business Administration (SBA) Lender. First Choice Bank conducts business through 9 full service branches, and 2 lending offices located in Los Angeles, Orange and San Diego Counties. Founded in 2005, First Choice Bank has quickly become a leading provider of financial services that enable our customers to grow, maintain strength, and achieve their business objectives. We strive to surpass our clients’ expectations through our efficiency, personalized services and financial solutions and professionalism and are committed to being “First in Speed, Service, and Solutions.” First Choice Bancorp stock is traded on the Nasdaq Capital Market under the ticker symbol “FCBP.”
First Choice Bank’s website is www.FirstChoiceBankCA.com.
The statements contained herein that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on management’s current expectations and beliefs concerning future developments and their potential effects on the Company including, without limitation, plans, strategies and goals, and statements about the Company’s expectations regarding revenue and asset growth, financial performance and profitability, loan and deposit growth, yields and returns, loan diversification and credit management, shareholder value creation, tax rates and the impact of the acquisition of Pacific Commerce Bancorp and Pacific Commerce Bank. There can be no assurance that future developments affecting the Company will be the same as those anticipated by management. Actual results may differ materially from those set forth in the forward-looking statements due to a variety of factors, including the risk factors described in documents filed by the Company with the Securities and Exchange Commission.
The Company does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences or unanticipated events or circumstances after the date of such statements except as required by law. Any statements about future operating results, such as those concerning accretion and dilution to the Company's earnings or shareholders, are for illustrative purposes only, are not forecasts, and actual results may differ.
First Choice Bank
Robert M. Franko, 562.345.9241
President & Chief Executive Officer