August 3rd, 2012 by InvestorPoint
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biotech pharmaceuticals dvt …continued
savings banks security
June 20th, 2012 by InvestorPoint
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) announced that earlier today it redeemed all of the remaining outstanding preferred shares the Company originally issued to the U.S. Treasury under the TARP Capital Purchase Program. Pinnacle paid the Treasury approximately $71.6 million, which included accrued dividends of approximately $346,000. On Dec. 28, 2011, the Company redeemed 25 percent of the shares originally sold to the U.S. Treasury. As a result of the redemption, the Company has a…continued
PNFP securities savings investment
June 7th, 2012 by InvestorPoint
LOS ANGELES, June 7, 2012 (GLOBE NEWSWIRE) — Wilshire Bancorp, Inc. (Nasdaq:WIBC), the holding company (“the Company”) of Wilshire State Bank, announced today that it intends to redeem the remaining 2,158 shares of its outstanding Fixed Rate Cumulative Perpetual Preferred Stock, Series A (TARP Preferred Stock) that were issued under the Troubled Asset Relief Program (“TARP”) Capital Purchase Program. The effective date for the planned redemption will be July 6, 2012. The shares are being redeeme…continued
WIBC loan Banking savings
June 7th, 2012 by InvestorPoint
The National Capital Bank of Washington (NCB) announced today that it was named among the “Top 200 Community Banks” by American Banker magazine. This designation is based on a three-year average Return on Equity (ROE) as of Dec. 31, 2011. SNL Financial analyzed the data and American Banker published the list. NCB’s three-year average Return on Equity was 9.94 percent; well above its peer group average of 4.44 percent. ROE measures the rate of return on total stockholder invest…continued
NACB savings banks mortgage
June 1st, 2012 by InvestorPoint
Chicopee Bancorp, Inc. (the “Company”) (NASDAQ: CBNK), the holding company for Chicopee Savings Bank, announced today that its Board of Directors has approved its seventh stock repurchase program (the “Repurchase Program”). Under the Repurchase Program, the Company intends to repurchase up to 272,000 shares, or approximately 5%, of the Company’s outstanding common stock. The Company will commence its seventh stock repurchase program immediately upon the completion of…continued
CBNK fdic bank savings
June 1st, 2012 by InvestorPoint
FT. DODGE, Iowa, June 1, 2012 /PRNewswire/ – NASDAQ: FFFD — North Central Bancshares, Inc. (“North Central”) has announced that it expects to close on its merger with 150, Inc. (“150″) under the Agreement and Plan of Merger (the “Merger Agreement”), dated March 12, 2012, by and among North Central, Great Western Bancorporation, Inc. and 150, on June 22, 2012, or as soon as practicable thereafter, subject to the satisfaction or waiver of all remaining closing conditions under the Merger Agr…continued
FFFD mortgage savings loans
May 31st, 2012 by InvestorPoint
HUNTINGTON, Ind., May 31, 2012 /PRNewswire/ – Northeast Indiana Bancorp, Inc., (OTCQB: NIDB), the holding company of First Federal Savings Bank (Bank), has announced that the Bank will convert from a federal thrift charter to an Indiana commercial bank charter effective June 30, 2012. The bank’s charter conversion has already been approved by the Indiana Department of Financial Institutions (DFI) and the Federal Deposit Insurance Corporation (FDIC) who will jointly supervise the Bank…continued
NIDB savings bank deposit
May 31st, 2012 by InvestorPoint
HOUSTON, May 31, 2012 (GLOBE NEWSWIRE) — Encore Bancshares, Inc. (Nasdaq:EBTX) announced today that the Board of Governors of the Federal Reserve System has approved the application of Cadence Bancorp, LLC to acquire Encore through the merger of Encore with and into a wholly owned subsidiary of Cadence Bancorp, LLC. Completion of the merger remains subject to customary closing conditions. About Encore Bancshares, Inc. Encore Bancshares, Inc. is a financial holding company headquartered …continued
EBTX Financial savings trust
May 25th, 2012 by InvestorPoint
Saehan Bancorp (OTCBB:SAEB) today reported results for its first quarter ended March 31, 2012 — reflecting positive earnings and stabilized asset quality. The company reported net income of $109,000, or $0.0005 per share, for the first quarter of 2012 compared with net income of $825,000, or $0.004 per share, a year ago. The return on average equity for the first quarter of 2012 was 0.74 percent and the return on average assets was 0.07 percent compared with 7.39 percent and 0.56 percent, respect…continued
SAEB investments savings loans
May 22nd, 2012 by InvestorPoint
TROY, N.C., May 22, 2012 /PRNewswire/ – First Bancorp (NASDAQ – FBNC) (the “Company”) announced today that it will separate the offices of First Bancorp Chief Executive Officer and President of First Bank, the Company’s principal subsidiary. Effective June 11, 2012, Richard H. Moore is being named as the Company’s President and Chief Executive Officer. Jerry L. Ocheltree will continue to serve as President of First Bank. Mr. Moore, age 51, a member of the Company’s board of …continued
FBNC mortgages Banking savings
May 22nd, 2012 by InvestorPoint
Northeast Community Bancorp, Inc. (Nasdaq Global Market: NECB), the holding company for Northeast Community Bank, announced today that it has entered into a contract for a fourth branch location in the Commonwealth of Massachusetts, continuing its expansion in Massachusetts where the Bank currently has three branch offices and one loan production office. The Bank is also in the process of establishing and licensing a new insurance agency as a subsidiary of the Bank which will enable the Bank to offer …continued
NECB bank savings Banking
May 22nd, 2012 by InvestorPoint
The Board of Directors of LNB Bancorp, Inc. (NASDAQ: LNBB) has declared a second quarter 2012 cash dividend of $.01 a share, payable on July 1, 2012 to shareholders of record on June 1, 2012. About LNB Bancorp, Inc. LNB Bancorp, Inc. is a $1.2 billion bank holding company. Its major subsidiary, The Lorain National Bank, is a full-service commercial bank, specializing in commercial, personal banking services, residential mortgage lending and investment and trust services. The Lorain Nationa…continued
LNBB bank savings 4lnb
May 21st, 2012 by InvestorPoint
NORFOLK, Va., May 21, 2012 (GLOBE NEWSWIRE) — Hampton Roads Bankshares, Inc. (Nasdaq:HMPR) (the “Company”), the holding company for The Bank of Hampton Roads (“BHR”) and Shore Bank, today announced that James F. Burr has been appointed to its Board of Directors effective when the Company receives the necessary approvals from banking authorities. Burr will replace Randal K. Quarles, who has resigned from the Board effective today because of his expanding duties at the Carlyle Group. Burr has …continued
HMPR savings bank banks
May 18th, 2012 by InvestorPoint
Pinnacle Financial Partners Inc. (Nasdaq/NGS: PNFP) today said that its management will participate in the SunTrust Robinson Humphrey Financial Services Unconference in New York on May 22, 2012. M. Terry Turner, president and chief executive officer, and Harold R. Carpenter, chief financial officer, will represent the company. A copy of Pinnacle’s investor presentation will be available on the company’s website at www.pnfp.com under Investor Relations. Pinnacle Financial Partners provides a fu…continued
PNFP savings Banking llc
May 18th, 2012 by InvestorPoint
Acquires Branches Throughout New York and Connecticut; Adds 1,200 New Team Members and More Than 500,000 New Customers Market Leading Position Across Upstate New York Strengthens Franchise and Provides Customers With Greater Access and Convenience BUFFALO, N.Y., May 18, 2012 (GLOBE NEWSWIRE) — First Niagara Bank N.A., a subsidiary of First Niagara Financial Group, Inc. (Nasdaq:FNFG), today completed its acquisition of the Upstate New York and Connecticut branches from HSBC Bank USA, N.A….continued
FNFG Financial banknorth savings