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  4. Altapacific Bank (ABNK) Message Board

Latest Altapacific Bank (ABNK) Headlines Alta

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Posted On: 03/08/2014 4:33:19 PM
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Posted By: Stock_Tracker
Latest Altapacific Bank (ABNK) Headlines



AltaPacific Bancorp signs definitive merger agreement with Mission Oaks Bancorp for about USD3.5m

M2 - Mon Feb 03, 5:53AM CST

AltaPacific Bancorp (OTCBB:ABNK), the parent company of AltaPacific Bank, revealed on Friday that it signed a definitive agreement to acquire Mission Oaks Bancorp (OTCBB:MOKB), the parent company of Mission Oaks National Bank, for USD0.30 per share in an all-cash transaction valued at about USD3.5m.



AltaPacific Bancorp and Mission Oaks Bancorp Sign Definitive Agreement to Merge

Business Wire - Fri Jan 31, 3:05PM CST

AltaPacific Bancorp (OTCBB: ABNK), the parent company of AltaPacific Bank, and Mission Oaks Bancorp (OTCBB: MOKB), the parent company of Mission Oaks National Bank, announced the signing of a definitive agreement to merge. Under the terms of the agreement AltaPacific Bancorp will acquire Mission Oaks Bancorp for $0.30 per share in an all-cash transaction valued at approximately $3.5 million. The operations of Mission Oaks National Bank will be combined into AltaPacific Bank. Completion of the merger is subject to regulatory and Mission Oaks Bancorp's shareholders' approval as well as other customary closing conditions, and the amount of cash consideration per share is subject to potential adjustment.



AltaPacific Bancorp Announces 2013 Year End Performance Results and Declares 5% Stock Dividend

Business Wire - Mon Jan 27, 3:13PM CST

AltaPacific Bancorp (OTCBB: ABNK), the parent company of AltaPacific Bank, today reported year-to-date net income totaling $1,437,000 and quarterly net income totaling $696,000 for the period ending December 31, 2013, respectively. The Company also reported that the Board of Directors recently approved the payment of a 5% stock dividend per common share payable on February 21, 2014 to shareholders of record as of February 7, 2014.



AltaPacific Bancorp Announces Performance Results for Third Quarter 2013

Business Wire - Mon Oct 28, 7:29PM CDT

AltaPacific Bancorp (OTCBB: ABNK), the parent company of AltaPacific Bank, today reported net income for the quarter totaling $344,000 and year-to-date net income totaling $741,000 for the period ending September 30, 2013, respectively.



AltaPacific Bancorp Announces Performance Results for Second Quarter 2013

Business Wire - Tue Jul 30, 2:28PM CDT

AltaPacific Bancorp (OTCBB: ABNK), the parent company of AltaPacific Bank, today reported net income for the quarter totaling $238,000 and year-to-date net income totaling $397,000 for the period ending June 30, 2013, respectively.



AltaPacific Bancorp Reports Earnings for First Quarter 2013

Business Wire - Mon Apr 29, 6:44PM CDT

AltaPacific Bancorp (OTCBB: ABNK), the parent company of AltaPacific Bank, today reported net income for the first quarter of 2013 totaling $159,000. Net income for the quarter on a pretax basis totaled $296,000, representing an increase of 23% over the prior quarter.



AltaPacific Bancorp Extends Share Repurchase Program

Business Wire - Tue Apr 02, 10:00AM CDT

AltaPacific Bancorp (OTCBB: ABNK), the parent company of AltaPacific Bank, today announced that its Board of Directors has authorized an extension of the Company's share repurchase program for an additional $1.5 million of the Company's common stock through April 30, 2014. The Company's repurchase program was originally announced on May 4, 2012. Since that date, the Company has invested approximately $620,000 to repurchase and retire 94,500 shares of its common stock at an average price of $6.56 per share.



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