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Posted On: 03/09/2014 7:07:55 AM
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Latest Cornerstone Finl Nj (CFIC) Headlines



NVIDIA Names Shannon Chief Administrative Officer, and Cabrera General Counsel

Marketwire - Tue Jan 14, 8:30AM CST

NVIDIA today announced that it has named David Shannon, who serves as general counsel and executive vice president of Human Resources, to the newly created role of chief administrative officer.



Investors Bancorp and Gateway Community Financial Corp. Announce Approval of Proposed Acquisition

PR Newswire - Mon Dec 30, 4:12PM CST

Investors Bancorp, Inc. (NASDAQ:ISBC) ("Investors Bancorp") and Gateway Community Financial Corp. ("Gateway") announced that all required regulatory approvals have been received regarding Investors Bancorp's proposed acquisition of Gateway. The parties intend to complete the merger at the close of business on January 10, 2014.



Michael L. Middleton Transitions to Executive Chairman of Community Bank of the Chesapeake

PR Newswire - Tue Nov 12, 1:00PM CST

After successfully leading The Community Financial Corporation (NASDAQ: TCFC) (formerly Tri-County Financial Corporation) and its subsidiary, Community Bank of the Chesapeake, for over 35 years, Michael Middleton announced that he will be transitioning from his position as CEO to Executive Chairman, effective June 30, 2014.



City Holding Company Announces Record Quarterly Earnings

Business Wire - Wed Oct 23, 8:49AM CDT

City Holding Company, "the Company" (NASDAQ:CHCO), a $3.4 billion bank holding company headquartered in Charleston, today announced third quarter net income per diluted share of $0.88 and net income of $14.0 million. Compared to the third quarter of 2012, earnings per share increased 23.6% while net income increased 31.8%. For the third quarter of 2013, the Company achieved a return on assets of 1.65%, a return on tangible equity of 18.5%, a net interest margin of 4.47%, and an efficiency ratio of 52.1%.



City Holding Company Announces Earnings Increase by 75%

Business Wire - Tue Jul 23, 3:38PM CDT

City Holding Company, "the Company" (NASDAQ:CHCO), a $3.4 billion bank holding company headquartered in Charleston, today announced second quarter net income per diluted share of $0.82 and net income of $13.0 million. This represents an increase in earnings per share of 64.2% and an increase in net income of 75.5%. For the second quarter of 2013, the Company achieved a return on assets of 1.53%, a return on tangible equity of 17.6%, a net interest margin of 4.35%, and an efficiency ratio of 52.0%.



Market President Smiley Resigns From City National Bank

Business Wire - Mon Apr 08, 11:52AM CDT

City National Bank announced today the resignation of Norman C. "Butch" Smiley III, market president for Virginia, effective May 17, 2013. Smiley was previously the president of Community Financial Corporation, which was acquired by City National in January.



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