Triad Business Bank 2023 3rd Quarter Earnings Release
Triad Business Bank (OTC Pink – “TBBC”), November 9, 2023, Announces Unaudited Third Quarter
2023 Results
Triad Business Bank (the “Bank”) was formed in 2020 to serve small and mid‐size businesses in the Triad. Since then, the Bank has become a financial partner to over 600 business customers, and in the last nine months, the Bank facilitated more than $4.2 billion of transactions, including $1.4 billion in the third quarter. At September 30, 2023, the Bank’s assets were $498.3 million, and the Bank had a strong capital foundation with $59.9 million of total regulatory capital. Asset quality remains strong with no nonperforming or past due loans.