Latest First Resource Bank (FRSB) Headlines
First Resource Bank Announces Record Annual Results
PR Newswire - Wed Jan 29, 10:42AM CST
First Resource Bank (OTC Bulletin Board: FRSB) announced net income grew 15% in 2013, to $1,055,658 for the year ended December 31, 2013 as compared to $917,557 for the prior year. After accounting for preferred stock dividends, net income available to common shareholders grew 34% in 2013, to $1,004,828 for the year ended December 31, 2013, as compared to $750,187 for the prior year. Preferred stock dividends declined $116,540, or 70% when comparing 2013 to 2012.
ASAS Alüminyum Selects Quintiq for Greenfield Plant Optimization
PR Newswire - Wed Jan 22, 2:00AM CST
Quintiq, a global leader in supply chain planning and optimization (SCP&O), announced today that ASAS Alüminyum San. ve Tic. A.S. has chosen Quintiq to optimize the operations of its new rolling plant.
First Resource Bank Announces Third Quarter Results
PR Newswire - Mon Oct 21, 7:00AM CDT
First Resource Bank (OTC Bulletin Board: FRSB) announced net income for the three months ended September 30, 2013 was $263,366 as compared to $261,407 for the quarter ended June 30, 2013 and net income of $226,310 for the quarter ended September 30, 2012. After accounting for preferred stock dividends, net income available to common shareholders for the quarter ended September 30, 2013 was $250,659. This compares to net income available to common shareholders of $248,700 for the quarter ended June 30, 2013 and $187,499 for the quarter ended September 30, 2012.
First Resource Bank Recognized With Pillars Of The Community Award
PR Newswire - Tue Sep 03, 1:18PM CDT
First Resource Bank (OTC Bulletin Board: FRSB) has been recognized with the prestigious Pillars of the Community Award by the Federal Home Loan Bank of Pittsburgh (FHLBank). The award recognizes banks that exhibit a strong commitment to community service and community revitalization. The Pillars of the Community Award is FHLBank's highest organizational honor and is presented annually to a select few FHLBank members.
First Resource Bank Recognized for Outstanding Community Service, Receives Pillars of the Community Award
Business Wire - Thu Aug 22, 2:55PM CDT
First Resource Bank was presented today with the prestigious Federal Home Loan Bank of Pittsburgh (FHLBank) Pillars of the Community Award in recognition of First Resource's commitment to community revitalization. The Pillars award is FHLBank's highest organizational honor and is presented annually to select FHLBank members.
First Resource Bank Approved As Small Business Administration Lender
PR Newswire - Tue Aug 06, 11:12AM CDT
First Resource Bank (OTC Bulletin Board: FRSB) has been approved as a Small Business Administration (SBA) lender qualified to offer loans under the SBA 7(a) loan program. This means that small business owners who may not qualify for funds through conventional commercial loan products, will now have another loan resource designed specifically for their unique needs.
First Resource Bank Announces Second Quarter Results
PR Newswire - Wed Jul 24, 7:00AM CDT
First Resource Bank (OTC Bulletin Board: FRSB) announced net income for the three months ended June 30, 2013 was $261,407 as compared to $239,704 for the quarter ended March 31, 2013 and net income of $213,254 for the quarter ended June 30, 2012. After accounting for preferred stock dividends, net income available to common shareholders for the quarter ended June 30, 2013 was $248,700. This compares to net income available to common shareholders of $226,997 for the quarter ended March 31, 2013 and $161,030 for the quarter ended June 30, 2012.
First Resource Bank Receives Approval For Exton Branch Land Development Plan
PR Newswire - Thu Jun 27, 8:46AM CDT
The Uwchlan Township Board of Supervisors has approved the First Resource Bank (OTC Bulletin Board: FRSB) land development plan for 800 North Pottstown Pike in Exton, Pa. This property is the site of a former bank building, which will be extensively remodeled and expanded to create a First Resource Bank branch. Upon completion, the current branch in Exton will be relocated to the new building. Work in clearing the property has already begun with the goal of completing construction and opening in early 2014.
First Resource Bank Acquires Location To Relocate Exton Branch
PR Newswire - Tue Apr 30, 10:50AM CDT
First Resource Bank (OTC Bulletin Board: FRSB) is pleased to announce the acquisition of 800 North Pottstown Pike, Exton, PA. This former bank site will undergo extensive remodeling and the current Exton branch will relocate to this site once construction is complete.
First Resource Bank Announces First Quarter Results
PR Newswire - Tue Apr 23, 7:00AM CDT
First Resource Bank (OTC Bulletin Board: FRSB) announced net income for the three months ended March 31, 2013 was $239,704 as compared to $234,255 for the quarter ended December 31, 2012 and net income of $243,738 for the quarter ended March 31, 2012. After accounting for preferred stock dividends, net income available to common shareholders for the quarter ended March 31, 2013 was $226,997. This compares to net income available to common shareholders of $221,458 for the quarter ended December 31, 2012 and $180,200 for the quarter ended March 31, 2012.
First Resource Bank Announces 5% Stock Dividend
PR Newswire - Thu Mar 21, 3:15PM CDT
The First Resource Bank (OTC Bulletin Board: FRSB) Board of Directors has declared a five percent (5%) common stock dividend to shareholders of record on April 1, 2013, subject to receipt of required regulatory approvals. The five percent (5%) stock dividend is payable on April 15, 2013.
First Resource Bank Announces Record Annual Results
PR Newswire - Wed Jan 29, 10:42AM CST
First Resource Bank (OTC Bulletin Board: FRSB) announced net income grew 15% in 2013, to $1,055,658 for the year ended December 31, 2013 as compared to $917,557 for the prior year. After accounting for preferred stock dividends, net income available to common shareholders grew 34% in 2013, to $1,004,828 for the year ended December 31, 2013, as compared to $750,187 for the prior year. Preferred stock dividends declined $116,540, or 70% when comparing 2013 to 2012.
ASAS Alüminyum Selects Quintiq for Greenfield Plant Optimization
PR Newswire - Wed Jan 22, 2:00AM CST
Quintiq, a global leader in supply chain planning and optimization (SCP&O), announced today that ASAS Alüminyum San. ve Tic. A.S. has chosen Quintiq to optimize the operations of its new rolling plant.
First Resource Bank Announces Third Quarter Results
PR Newswire - Mon Oct 21, 7:00AM CDT
First Resource Bank (OTC Bulletin Board: FRSB) announced net income for the three months ended September 30, 2013 was $263,366 as compared to $261,407 for the quarter ended June 30, 2013 and net income of $226,310 for the quarter ended September 30, 2012. After accounting for preferred stock dividends, net income available to common shareholders for the quarter ended September 30, 2013 was $250,659. This compares to net income available to common shareholders of $248,700 for the quarter ended June 30, 2013 and $187,499 for the quarter ended September 30, 2012.
First Resource Bank Recognized With Pillars Of The Community Award
PR Newswire - Tue Sep 03, 1:18PM CDT
First Resource Bank (OTC Bulletin Board: FRSB) has been recognized with the prestigious Pillars of the Community Award by the Federal Home Loan Bank of Pittsburgh (FHLBank). The award recognizes banks that exhibit a strong commitment to community service and community revitalization. The Pillars of the Community Award is FHLBank's highest organizational honor and is presented annually to a select few FHLBank members.
First Resource Bank Recognized for Outstanding Community Service, Receives Pillars of the Community Award
Business Wire - Thu Aug 22, 2:55PM CDT
First Resource Bank was presented today with the prestigious Federal Home Loan Bank of Pittsburgh (FHLBank) Pillars of the Community Award in recognition of First Resource's commitment to community revitalization. The Pillars award is FHLBank's highest organizational honor and is presented annually to select FHLBank members.
First Resource Bank Approved As Small Business Administration Lender
PR Newswire - Tue Aug 06, 11:12AM CDT
First Resource Bank (OTC Bulletin Board: FRSB) has been approved as a Small Business Administration (SBA) lender qualified to offer loans under the SBA 7(a) loan program. This means that small business owners who may not qualify for funds through conventional commercial loan products, will now have another loan resource designed specifically for their unique needs.
First Resource Bank Announces Second Quarter Results
PR Newswire - Wed Jul 24, 7:00AM CDT
First Resource Bank (OTC Bulletin Board: FRSB) announced net income for the three months ended June 30, 2013 was $261,407 as compared to $239,704 for the quarter ended March 31, 2013 and net income of $213,254 for the quarter ended June 30, 2012. After accounting for preferred stock dividends, net income available to common shareholders for the quarter ended June 30, 2013 was $248,700. This compares to net income available to common shareholders of $226,997 for the quarter ended March 31, 2013 and $161,030 for the quarter ended June 30, 2012.
First Resource Bank Receives Approval For Exton Branch Land Development Plan
PR Newswire - Thu Jun 27, 8:46AM CDT
The Uwchlan Township Board of Supervisors has approved the First Resource Bank (OTC Bulletin Board: FRSB) land development plan for 800 North Pottstown Pike in Exton, Pa. This property is the site of a former bank building, which will be extensively remodeled and expanded to create a First Resource Bank branch. Upon completion, the current branch in Exton will be relocated to the new building. Work in clearing the property has already begun with the goal of completing construction and opening in early 2014.
First Resource Bank Acquires Location To Relocate Exton Branch
PR Newswire - Tue Apr 30, 10:50AM CDT
First Resource Bank (OTC Bulletin Board: FRSB) is pleased to announce the acquisition of 800 North Pottstown Pike, Exton, PA. This former bank site will undergo extensive remodeling and the current Exton branch will relocate to this site once construction is complete.
First Resource Bank Announces First Quarter Results
PR Newswire - Tue Apr 23, 7:00AM CDT
First Resource Bank (OTC Bulletin Board: FRSB) announced net income for the three months ended March 31, 2013 was $239,704 as compared to $234,255 for the quarter ended December 31, 2012 and net income of $243,738 for the quarter ended March 31, 2012. After accounting for preferred stock dividends, net income available to common shareholders for the quarter ended March 31, 2013 was $226,997. This compares to net income available to common shareholders of $221,458 for the quarter ended December 31, 2012 and $180,200 for the quarter ended March 31, 2012.
First Resource Bank Announces 5% Stock Dividend
PR Newswire - Thu Mar 21, 3:15PM CDT
The First Resource Bank (OTC Bulletin Board: FRSB) Board of Directors has declared a five percent (5%) common stock dividend to shareholders of record on April 1, 2013, subject to receipt of required regulatory approvals. The five percent (5%) stock dividend is payable on April 15, 2013.
