Latest First Bank (FRBA) Headlines First Ban
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First Bank Reports 2013 Earnings of $1.7 Million; Total Assets Reach $467 Million
Marketwire - Mon Feb 24, 3:54PM CST
First Bank (NASDAQ: FRBA) today announced fourth quarter and full year 2013 results. Net income for the quarter was $311,000 or $0.05 per diluted share, compared to net income of $1,000,000 or $0.21 per diluted share for the fourth quarter of 2012 and $492,000 or $0.10 per diluted share for the third quarter of 2013.
First Bank Receives Regulatory Approval of the Proposed Merger With Heritage Community Bank
Marketwire - Fri Dec 13, 8:17AM CST
First Bank (NASDAQ: FRBA) today announced that it has received approval from the State of New Jersey Department of Banking and Insurance and the Federal Deposit Insurance Corporation for the proposed merger with Heritage Community Bank. The merger is subject to a number of conditions including the approval by the First Bank and the Heritage Community Bank shareholders. Both companies plan to schedule shareholder meetings during February, 2014. The closing of the transaction is anticipated to take place during the first quarter of 2014.
First Bank Closes Initial Public Offering
Marketwire - Wed Nov 20, 2:34PM CST
First Bank (NASDAQ: FRBA) -- First Bank (the Bank) announced today that it closed its initial public offering of common stock, raising approximately $23.0 million, before underwriting discounts, commissions and expenses. At the closing, the underwriters exercised their option to purchase an additional 500,000 shares of common stock at the initial public offering price to cover over-allotments. The Bank issued a total of 3,833,334 shares of common stock at $6.00 per share.
First Bank Reports Quarterly Earnings of $492,000; Total Assets Reach $426 Million
Marketwire - Tue Oct 22, 10:57AM CDT
First Bank (OTCBB: FRBA) today announced third quarter 2013 results. Net income for the quarter was $492,000, a decrease of 6% compared to the second quarter. Earnings per diluted share were $0.10, compared to $0.11 in the second quarter. Net income through nine months was $1,397,000 or $0.30 per share.
First Bank Reports Quarterly Earnings of $525,000; Total Assets Reach $380 Million
Marketwire - Thu Jul 25, 2:01PM CDT
First Bank (OTCBB: FRBA) today announced second quarter 2013 results. Net income for the quarter was $525,000, an increase of 38% compared to the first quarter. Earnings per diluted share were $0.11, compared to $0.08 in the first quarter. Net income for the first six months was $904,800 or $0.19 per share.
First Bank signs agreement to acquire Heritage Community Bank for combined assets worth USD500m
M2 - Mon Jul 15, 8:21AM CDT
A state-chartered bank, First Bank (FRBA) (OTC BB:FRBA) revealed on Friday that it signed a definitive merger agreement with Heritage Community Bank (HCB) in Randolph, New Jersey, another state chartered bank and the combined entity will have assets of over USD500m with seven branches in New Jersey.
First Bank to Acquire Heritage Community Bank in Deal Combining New Jersey Commercial Lenders
Business Wire - Fri Jul 12, 9:00AM CDT
First Bank (OTC BB:FRBA) announced today that it has entered into a definitive merger agreement with Heritage Community Bank (HCB) headquartered in Randolph, New Jersey. The combined entity will have over $500 million in assets with 7 branches in three counties in New Jersey.
First Bank Reports First Quarter 2013 Net Income of $380,000; Total Assets Reach $373 million
PR Newswire - Thu May 09, 2:33PM CDT
First Bank (OTC BB:FRBA) today announced first quarter 2013 results. Net income for the quarter was $380,000.
First Bank Reports Fourth Quarter 2012 Net Income of $999,800; Total Assets Exceed $350 million
PR Newswire - Mon Feb 11, 12:55PM CST
First Bank (OTC BB: FRBA) today announced fourth quarter 2012 results. Net income for the quarter was $999,800. Net income for the year ended 12/31/12 was $2,588,200.