Latest Dcb Financial Corp (DCBF) Headlines DC
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Posted On: 03/09/2014 2:02:50 PM
Latest Dcb Financial Corp (DCBF) Headlines
DCB Financial Corp Announces Fourth Quarter and Full Year 2013 Results
PR Newswire - Tue Feb 11, 7:30AM CST
DCB Financial Corp (the "Company"), (OTC Bulletin Board DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank") announced a net loss of $3.1 million or $(0.43) per diluted share for the three months ended December 31, 2013, compared to a net loss of $146,000 or $(0.03) per diluted share for the same period in 2012. The Company recorded a provision for loan losses of $3.3 million in the fourth quarter of 2013 as a result of specific strategies developed in the fourth quarter, including collateral liquidations and planned loan sales, which are intended to accelerate the disposition of certain classified commercial loans with outstanding balances totaling $13.8 million at the end of 2013.
Merchants National Bank to Acquire Delaware County Bank's Marysville City Gate Branch Office
PR Newswire - Fri Jan 10, 3:00PM CST
DCB Financial Corp's (OTC Bulletin Board DCBF) wholly-owned subsidiary, the Delaware County Bank & Trust Company, has entered into a branch purchase and assumption agreement with Merchants National Bank of Hillsboro, Ohio, pursuant to which Merchants will acquire certain assets and assume certain liabilities of DCB's Marysville City Gate branch office (181 N. Coleman's Crossing Blvd.).
DCB Financial Corp Announces Third Quarter 2013 Results
PR Newswire - Wed Oct 23, 3:30PM CDT
DCB Financial Corp (the "Company"), (OTC Bulletin Board DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank") announced a net loss of $127,000 for the three months ended September 30, 2013, compared to net income of $306,000 for the same period in 2012. The loss is attributable in large part to salaries and incentive compensation for new business development professionals added over the past year in support of the Company's growth objectives, as well as to expenses related to the continuing efforts to further reduce the level of criticized and classified assets.
DCB Financial Corp Introduces Daniel Mohr as EVP and CFO
PR Newswire - Fri Oct 18, 7:00AM CDT
DCB Financial Corp, (OTC Bulletin Board DCBF), parent holding company of The Delaware County Bank & Trust Company today announced the appointment of J. Daniel Mohr as Executive Vice President and Chief Financial Officer, effective October 17, 2013.
Jerome Harmeyer Named As DCB Financial Corp Director
PR Newswire - Fri Sep 13, 10:07PM CDT
DCB Financial Corp, (OTC Bulletin Board DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank") appointed Jerome J. Harmeyer, President of Liberty Casting Company which operates five foundries in Ohio, Indiana and Pennsylvania, as a Class III director to the boards of DCBF and the Bank. The appointment was effective September 9, 2013.
DCB Financial Corp Announces Fourth Quarter and Full Year 2013 Results
PR Newswire - Tue Feb 11, 7:30AM CST
DCB Financial Corp (the "Company"), (OTC Bulletin Board DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank") announced a net loss of $3.1 million or $(0.43) per diluted share for the three months ended December 31, 2013, compared to a net loss of $146,000 or $(0.03) per diluted share for the same period in 2012. The Company recorded a provision for loan losses of $3.3 million in the fourth quarter of 2013 as a result of specific strategies developed in the fourth quarter, including collateral liquidations and planned loan sales, which are intended to accelerate the disposition of certain classified commercial loans with outstanding balances totaling $13.8 million at the end of 2013.
Merchants National Bank to Acquire Delaware County Bank's Marysville City Gate Branch Office
PR Newswire - Fri Jan 10, 3:00PM CST
DCB Financial Corp's (OTC Bulletin Board DCBF) wholly-owned subsidiary, the Delaware County Bank & Trust Company, has entered into a branch purchase and assumption agreement with Merchants National Bank of Hillsboro, Ohio, pursuant to which Merchants will acquire certain assets and assume certain liabilities of DCB's Marysville City Gate branch office (181 N. Coleman's Crossing Blvd.).
DCB Financial Corp Announces Third Quarter 2013 Results
PR Newswire - Wed Oct 23, 3:30PM CDT
DCB Financial Corp (the "Company"), (OTC Bulletin Board DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank") announced a net loss of $127,000 for the three months ended September 30, 2013, compared to net income of $306,000 for the same period in 2012. The loss is attributable in large part to salaries and incentive compensation for new business development professionals added over the past year in support of the Company's growth objectives, as well as to expenses related to the continuing efforts to further reduce the level of criticized and classified assets.
DCB Financial Corp Introduces Daniel Mohr as EVP and CFO
PR Newswire - Fri Oct 18, 7:00AM CDT
DCB Financial Corp, (OTC Bulletin Board DCBF), parent holding company of The Delaware County Bank & Trust Company today announced the appointment of J. Daniel Mohr as Executive Vice President and Chief Financial Officer, effective October 17, 2013.
Jerome Harmeyer Named As DCB Financial Corp Director
PR Newswire - Fri Sep 13, 10:07PM CDT
DCB Financial Corp, (OTC Bulletin Board DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank") appointed Jerome J. Harmeyer, President of Liberty Casting Company which operates five foundries in Ohio, Indiana and Pennsylvania, as a Class III director to the boards of DCBF and the Bank. The appointment was effective September 9, 2013.
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