Latest Americas United Bk (AUNB) Headlines Am
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Posted On: 03/08/2014 11:36:41 PM
Latest Americas United Bk (AUNB) Headlines
Americas United Bank Announces Results for the Fourth Quarter and Fiscal Year 2013
Business Wire - Tue Jan 28, 4:02PM CST
Americas United Bank (OTCQB: AUNB) reported unaudited results and a net profit of $3,223,000, or $1.12 per basic share for the fourth quarter and $3,934,000, or $1.37 per basic share for the year-ended December 31, 2013. Profit for the quarter ended December 31, 2013 and fiscal year 2013 was significantly impacted by the Bank's elimination of the valuation allowance on its Deferred Tax Asset. Pretax income for the quarter was $171,000 compared to $376,000 in the fourth quarter of 2012. Net profit for the year ended December 31, 2013 was $3,934,000, or $1.37 per basic share, compared to $1,847,000, or $0.64 per basic share for the 2012 fiscal year.
Americas United Bank Agrees to Acquire Silvergate Bank's Lancaster Office and Deposits
PR Newswire - Mon Dec 30, 8:00AM CST
Americas United Bank (OTCQB: AUNB) and Silvergate Bank, a wholly-owned subsidiary of Silvergate Capital Corporation, jointly announced today that they have entered into a purchase and assumption agreement for Americas United Bank to acquire the deposits and branch facility of Silvergate Bank's full service branch office in Lancaster, California. Under the terms of the agreement, Americas United Bank will assume substantially all of the deposits and purchase certain assets associated with the Lancaster Regional Office. As of November 30, 2013, deposits at this branch totaled approximately $45.7 million; no loans are included in this transaction. Americas United Bank will pay a deposit premium of approximately 0.50% in this transaction.
Americas United Bank Announces Results for the Third Quarter 2013
Business Wire - Fri Oct 25, 5:09PM CDT
Americas United Bank (OTCQB: AUNB) today announced its unaudited results of operations for the third quarter and nine-month period ended September 30, 2013. For the quarter, the Bank earned $256,000, or $0.09 per basic share, compared to net income of $540,000, or $0.19 per basic share for 2012. The year-to-date earnings were $711,000, or $0.25 per basic share, compared to net income of $1,062,000, or $0.37 per basic share for 2012.
Americas United Bank Announces Results for the Second Quarter 2013
Business Wire - Fri Jul 26, 3:38PM CDT
Americas United Bank (OTCQB: AUNB) today announced its unaudited results of operations for the second quarter and six-month period ended June 30, 2013. For the quarter, the Bank earned $400,000, or $0.14 per share, compared to net income of $392,000, or $0.14 per share for 2012. The year-to-date earnings were $456,000, or $0.16 per share, compared to net income of $521,000, or $0.18 per share for 2012.
Americas United Bank Announces Results for the First Quarter 2013
Business Wire - Fri Apr 26, 1:58PM CDT
Americas United Bank (OTCQB: AUNB) today announced its unaudited results of operations for the first quarter and three-month period ended March 31, 2013. For the quarter, Americas United Bank earned $56,000, or $0.02 per share, compared to net income of $129,000, or $0.04 per share for 2012.
Americas United Bank Announces Results for the Fourth Quarter and Fiscal 2012
Business Wire - Mon Jan 28, 4:12PM CST
Americas United Bank (OTCQB: AUNB) today announced its unaudited results of operations for the fourth quarter and full-year ended December 31, 2012. For the full-year, Americas United Bank earned $1,847,000, or $0.64 per share, compared to net income of $36,000, or $0.01 per share for 2011. Total assets reached $114.6 million, up $14.2 million or 14.2%. Total loans reached $72.4 million at year-end 2012, as compared to $73.1 for 2011. Total deposits reached $86.6 million at December 31, 2012, as compared to $74.3 million at December 31, 2011.
Americas United Bank Announces Results for the Fourth Quarter and Fiscal Year 2013
Business Wire - Tue Jan 28, 4:02PM CST
Americas United Bank (OTCQB: AUNB) reported unaudited results and a net profit of $3,223,000, or $1.12 per basic share for the fourth quarter and $3,934,000, or $1.37 per basic share for the year-ended December 31, 2013. Profit for the quarter ended December 31, 2013 and fiscal year 2013 was significantly impacted by the Bank's elimination of the valuation allowance on its Deferred Tax Asset. Pretax income for the quarter was $171,000 compared to $376,000 in the fourth quarter of 2012. Net profit for the year ended December 31, 2013 was $3,934,000, or $1.37 per basic share, compared to $1,847,000, or $0.64 per basic share for the 2012 fiscal year.
Americas United Bank Agrees to Acquire Silvergate Bank's Lancaster Office and Deposits
PR Newswire - Mon Dec 30, 8:00AM CST
Americas United Bank (OTCQB: AUNB) and Silvergate Bank, a wholly-owned subsidiary of Silvergate Capital Corporation, jointly announced today that they have entered into a purchase and assumption agreement for Americas United Bank to acquire the deposits and branch facility of Silvergate Bank's full service branch office in Lancaster, California. Under the terms of the agreement, Americas United Bank will assume substantially all of the deposits and purchase certain assets associated with the Lancaster Regional Office. As of November 30, 2013, deposits at this branch totaled approximately $45.7 million; no loans are included in this transaction. Americas United Bank will pay a deposit premium of approximately 0.50% in this transaction.
Americas United Bank Announces Results for the Third Quarter 2013
Business Wire - Fri Oct 25, 5:09PM CDT
Americas United Bank (OTCQB: AUNB) today announced its unaudited results of operations for the third quarter and nine-month period ended September 30, 2013. For the quarter, the Bank earned $256,000, or $0.09 per basic share, compared to net income of $540,000, or $0.19 per basic share for 2012. The year-to-date earnings were $711,000, or $0.25 per basic share, compared to net income of $1,062,000, or $0.37 per basic share for 2012.
Americas United Bank Announces Results for the Second Quarter 2013
Business Wire - Fri Jul 26, 3:38PM CDT
Americas United Bank (OTCQB: AUNB) today announced its unaudited results of operations for the second quarter and six-month period ended June 30, 2013. For the quarter, the Bank earned $400,000, or $0.14 per share, compared to net income of $392,000, or $0.14 per share for 2012. The year-to-date earnings were $456,000, or $0.16 per share, compared to net income of $521,000, or $0.18 per share for 2012.
Americas United Bank Announces Results for the First Quarter 2013
Business Wire - Fri Apr 26, 1:58PM CDT
Americas United Bank (OTCQB: AUNB) today announced its unaudited results of operations for the first quarter and three-month period ended March 31, 2013. For the quarter, Americas United Bank earned $56,000, or $0.02 per share, compared to net income of $129,000, or $0.04 per share for 2012.
Americas United Bank Announces Results for the Fourth Quarter and Fiscal 2012
Business Wire - Mon Jan 28, 4:12PM CST
Americas United Bank (OTCQB: AUNB) today announced its unaudited results of operations for the fourth quarter and full-year ended December 31, 2012. For the full-year, Americas United Bank earned $1,847,000, or $0.64 per share, compared to net income of $36,000, or $0.01 per share for 2011. Total assets reached $114.6 million, up $14.2 million or 14.2%. Total loans reached $72.4 million at year-end 2012, as compared to $73.1 for 2011. Total deposits reached $86.6 million at December 31, 2012, as compared to $74.3 million at December 31, 2011.
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