Latest First Banctrust Corp (FIRT) Headlines
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First BancTrust Corporation Reports Fourth Quarter Results And Declares An Increase In Its Quarterly Cash Dividend
PR Newswire - Fri Mar 07, 8:00AM CST
First BancTrust Corporation (the "Company") (OTCQB: FIRT) today reported a 2013 fourth quarter net income available to common shareholders of $684,603 or 32 cents per diluted share, compared with $711,298 or 33 cents per diluted share, for the same period in the prior year. The Company's net income available to common shareholders was negatively impacted primarily by slightly lower levels of net interest income and lower levels of noninterest income although this was offset by a decrease in the provision for loan losses and the elimination of preferred dividends. Non-interest expense was greater year over year mainly as a result of increased expenses incurred in the disposition of other real estate owned. The elimination of the preferred dividend was the result of the repayment of TARP funds in 2012. Included in the year-end financial results is an adjustment related to the tax effects of the stock option transaction that occurred during the second quarter. This adjustment altered second quarter earnings from $951,619 to $747,934 and earnings per share (diluted) for the quarter from 44 cents to 34 cents. This adjustment had no effect on book value or stockholders equity.
First Banctrust Corporation Reports Third Quarter Results And Declares Quarterly Cash Dividend
PR Newswire - Fri Nov 01, 8:00AM CDT
First BancTrust Corporation (the "Company") (OTCQB: FIRT) today reported a 2013 third quarter net income available to common shareholders of $944,026 or 43 cents per diluted share, compared with $828,257 or 39 cents per diluted share, for the same period in the prior year. The Company's net income available to common shareholders was negatively impacted primarily by slightly lower levels of net interest income and lower levels of noninterest income although this was offset by decreases in provision for loan losses and preferred dividends with non-interest expense remaining virtually unchanged. The elimination of the preferred dividend was the result of the repayment of TARP funds in 2012.
First BancTrust Corporation Reports Second Quarter Results and Declares Quarterly Cash Dividend
PR Newswire - Fri Aug 02, 8:00AM CDT
First BancTrust Corporation (the "Company") (OTCQB: FIRT) today reported a 2013 second quarter net income available to common shareholders of $951,619 or 44 cents per diluted share, compared with $747,334 or 35 cents per diluted share, for the same period in the prior year. The Company's net income available to common shareholders was negatively impacted primarily by slightly lower levels of net interest income and lower levels of noninterest income although this was offset by a decrease in income tax expense, provision for loan losses and preferred dividends. The decrease in income tax expense was a one-time event associated with the exercise of stock options while the elimination of the preferred dividend was the result of the repayment of TARP funds in 2012.
First BancTrust Corporation Reports Fourth Quarter Results and Declares an Increase in Its Quarterly Cash Dividend
PR Newswire - Fri Mar 01, 8:00AM CST
First BancTrust Corporation (the "Company") (OTCQB: FIRT), today reported a 2012 fourth quarter net income available to common shareholders of $711,298 or 33 cents per diluted share, compared with $878,602 or 41 cents per diluted share, for the same period in the prior year. The Company's net income in the fourth quarter was impacted by reduced levels of net interest income which was partially offset by increases in non interest income. Year over year net income available to common shareholders was $3.05 million in 2012 compared to $3.34 million in the prior year which equated to $1.43 per diluted share as compared with $1.57 per diluted share for the previous year.