First-Ever Quarterly Profit Announced by Vibra Bank (VBBK.OB)
Vibra Bank offers a range of services to meet its customers' needs. A preferred lender for SBA (Small Business Administration) loans, its lending activities are focused on small businesses. The company's particular emphasis is on the Hispanic demographic in San Diego County. The company announced today its unaudited financial results for the year ended December 31, 2010, and the completion of its second full calendar year of operations, where it grew by 50%. The bank first opened its doors for business in July of 2008. For the quarter ending December 31, 2010, Vibra Bank reported a net profit of $51,000,…