Latest Highlands State Bknj (HSBK) Headlines
Savings & Loans Stocks Technical Notes: Ocwen Financial, New York Community Bancorp, Hudson City Bancorp, and People's United Financial
PR Newswire - Fri Mar 07, 7:00AM CST
On Thursday, March 06, 2014, the NASDAQ Composite ended at 4,352.13, down 0.13%, the Dow Jones Industrial Average advanced 0.38% to 16,421.89, and the S&P 500 closed at 1,877.03, up 0.17%. The gains were broad based with seven of ten sectors edging higher. The S&P 500 Financials Sector Index finished the day at 299.38, up 0.68%, while the same has gained 5.75% in the last one month. Investor-Edge.com has initiated coverage on the following equities Ocwen Financial Corporation (NYSE: OCN), New York Community Bancorp Inc. (NYSE: NYCB), Hudson City Bancorp Inc. (NASDAQ: HSBK), and People's United Financial Inc. (NASDAQ: PBCT). Free research on these five companies can be accessed at:
Highlands State Bank Completes Purchase of Secure Lending Solutions, Inc.
Business Wire - Mon Mar 03, 1:44PM CST
Highlands Bancorp, Inc. (OTCBB: HSBK.OB) is pleased to announce that its wholly owned subsidiary, Highlands State Bank, has completed the purchase of Secure Lending Solutions, Inc., (SLS) after receiving the appropriate regulatory approvals. SLS, a New Jersey licensed mortgage banking company, will be operated as a wholly owned subsidiary of the bank, and continue to operate out of its office at 266 Harristown Road, Glen Rock, NJ. Michele Luff, the company's co-founder and President will continue in that role as the company joins Highlands.
Highlands Bancorp, Inc. Declares its First Quarterly Dividend
Business Wire - Mon Jan 27, 1:33PM CST
The Board of Directors of Highlands Bancorp, Inc. (OTCQB:HSBK) parent company of Highlands State Bank, announced that it has declared a cash dividend of $0.01 per common share. The dividend is payable on March 1, 2014 to common shareholders of record on February 15, 2014.
Highlands Bancorp, Inc. Reports Results for the Quarter and Year Ended December 31, 2013
Business Wire - Fri Jan 24, 10:24AM CST
Highlands Bancorp, Inc. (OTC BB: HSBK.OB) parent company of Highlands State Bank, reported fourth quarter net income of $563,000 in 2013 compared to net income of $1,012,000 for the same period of 2012. Fourth quarter net income available to common stockholders was $545,000 or $.30 per diluted share in 2013 compared to $995,000 or $.56 per diluted share for the same period in 2012. Net income for the full year 2013 was $2,270,000 compared to $1,548,000 for the full year 2012. Net income available to common stockholders for the full year 2013 was $2,201,000 or $1.23 per diluted share compared to $1,484,000 or $.83 per diluted share for the year of 2012. The quarterly and annual results for both 2013 and 2012 were positively impacted by partial reversals of the Company's valuation allowance on deferred tax assets which resulted in tax benefits of $333,000 or $.19 per share for the fourth quarter of 2013 and $640,000 or $.36 per share for the fourth quarter of 2012, and $1,310,000 or $.73 per share and $640,000 or $.36 per share for the years of 2013 and 2012, respectively.
Highlands State Bank signs definitive agreement to acquire mortgage banking company
M2 - Mon Oct 28, 10:42AM CDT
Highlands Bancorp Inc (OTCBB:HSBK.OB), a bank holding company, revealed on Friday that its wholly owned subsidiary Highlands State Bank (the bank) signed a definitive agreement to acquire mortgage banking company Secured Lending Solutions Inc (SLS) of Glen Rock, New Jersey.
Highlands State Bank to Acquire Secure Lending Solutions Mortgage Company
Business Wire - Fri Oct 25, 2:28PM CDT
Highlands Bancorp, Inc. (OTCBB: HSBK.OB) announced that its wholly owned subsidiary, Highlands State Bank, has entered into a definitive agreement to acquire the mortgage banking company Secured Lending Solutions, Inc. ("SLS") of Glen Rock, NJ. SLS will be operated as a wholly owned subsidiary of the bank upon completion of standard regulatory approvals and normal acquisition conditions.
Highlands Bancorp, Inc. Reports Improved Results for the Three and Nine Months Ended September 30, 2013
Business Wire - Thu Oct 17, 11:51AM CDT
Highlands Bancorp, Inc. (OTCQB: HSBK) parent company of Highlands State Bank, reported third quarter 2013 net income of $326,000 compared to net income of $167,000 for the same period in 2012. For the nine months ended September 30, 2013 net income was $730,000 compared to a net income of $536,000 for the same period in 2012. Third quarter 2013 net income available to common stockholders was $603,000 or $.34 per diluted common share compared to net income of $154,000 or $.09 per diluted common share for the same period in 2012. The comparable nine month results reflect net income available to common stockholders for 2013 of $1,656,000 or $.93 per diluted common share compared to net income of $490,000 or $.27 per diluted common share. The third quarter and year-to-date 2013 results were positively impacted by partial reversals of the Company's valuation allowance on deferred tax assets of $425,000 and $1,274,000 respectively, which were partially offset by respective period income tax expenses of $131,000, and $297,000, respectively. These resulted in net tax benefits of $294,000 or $.16 per share for the third quarter 2013, and $977,000 or $.55 per share for the nine months ended September 30, 2013.
Highlands Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2013
Business Wire - Thu Jul 18, 4:31PM CDT
Highlands Bancorp, Inc. (OTCQB: HSBK) parent company of Highlands State Bank, reported second quarter 2013 net income of $225,000 compared to net income of $204,000 for the same period in 2012. For the six months ended June 30, 2013 net income was $404,000 compared to a net income of $369,000 for the same period in 2012. Second quarter 2013 net income available to common stockholders was $538,000 or $.30 per diluted common share compared to net income of $177,000 or $.10 per diluted common share for the same period in 2012. The comparable six month results reflect net income available to common stockholders for 2013 of $1,053,000 or $.59 per diluted common share compared to net income of $336,000 or $.19 per diluted common share. The second quarter and year-to-date 2013 results were positively impacted by partial reversals of the Company's valuation allowance on deferred tax assets of $425,000 and $849,000 respectively, which were partially offset by respective period income tax expenses of $95,000, and $167,000, respectively. These resulted in net tax benefits of $330,000 or $.18 per share for the second quarter 2013, and $682,000 or $.38 per share for the first six months of 2013.
Highlands Bancorp, Inc. Reports Increased Net Income and Earnings Per Share for the First Quarter Ended March 31, 2013
Business Wire - Wed Apr 17, 12:20PM CDT
Highlands Bancorp, Inc. (OTCBB: HSBK.OB) parent company of Highlands State Bank, reported first quarter net income of $532,000 compared to net income of $165,000 for the same period in 2012. First quarter net income available to common stockholders was $515,000 or $.29 per diluted share, compared to $159,000 or $.09 per diluted share for the same period in 2012. The first quarter 2013 results were positively impacted by a partial reversal of $425,000 of the Company's valuation allowance on deferred tax assets which was partially offset by current period income tax expenses of $72,000, resulting in a tax benefit of $353,000 or $.20 per share.
Highlands Bancorp reports higher net income for Q4 2012 over prior year
M2 - Mon Feb 04, 3:59AM CST
Highlands Bancorp Inc (OTC BB:HSBK.OB), the parent company of Highlands State Bank, on Friday reported a net income available to common stockholders of USD995,000 or USD0.56 per diluted share for the fourth quarter of 2012, increased from the net income available to common stockholders of USD770,000 or USD0.43 per diluted share for the same period in 2011.
Highlands Bancorp, Inc. Reports Enhanced Results for the Quarter and Year Ended December 31, 2012
Business Wire - Fri Feb 01, 4:11PM CST
Highlands Bancorp, Inc. (OTC BB: HSBK.OB) parent company of Highlands State Bank, reported fourth quarter net income of $1,012,000 in 2012 compared to net income of $798,000 for the same period of 2011. Fourth quarter net income available to common stockholders was $995,000 or $.56 per diluted share in 2012 compared to $770,000 or $.43 per diluted share for the same period in 2011. Net income for the full year 2012 was $1,548,000 compared to $1,534,000 for the full year 2011. Net income available to common stockholders for the full year 2012 was $1,485,000 or $.83 per diluted share compared to $1,192,000 or $.67 per diluted share for the year of 2011. The quarterly and annual results for both 2012 and 2011 were positively impacted by partial reversals of the Company's valuation allowance on deferred tax assets which resulted in tax benefits of $640,000 or $.36 per share for 2012, and $480,000 or $.27 per share for 201
Savings & Loans Stocks Technical Notes: Ocwen Financial, New York Community Bancorp, Hudson City Bancorp, and People's United Financial
PR Newswire - Fri Mar 07, 7:00AM CST
On Thursday, March 06, 2014, the NASDAQ Composite ended at 4,352.13, down 0.13%, the Dow Jones Industrial Average advanced 0.38% to 16,421.89, and the S&P 500 closed at 1,877.03, up 0.17%. The gains were broad based with seven of ten sectors edging higher. The S&P 500 Financials Sector Index finished the day at 299.38, up 0.68%, while the same has gained 5.75% in the last one month. Investor-Edge.com has initiated coverage on the following equities Ocwen Financial Corporation (NYSE: OCN), New York Community Bancorp Inc. (NYSE: NYCB), Hudson City Bancorp Inc. (NASDAQ: HSBK), and People's United Financial Inc. (NASDAQ: PBCT). Free research on these five companies can be accessed at:
Highlands State Bank Completes Purchase of Secure Lending Solutions, Inc.
Business Wire - Mon Mar 03, 1:44PM CST
Highlands Bancorp, Inc. (OTCBB: HSBK.OB) is pleased to announce that its wholly owned subsidiary, Highlands State Bank, has completed the purchase of Secure Lending Solutions, Inc., (SLS) after receiving the appropriate regulatory approvals. SLS, a New Jersey licensed mortgage banking company, will be operated as a wholly owned subsidiary of the bank, and continue to operate out of its office at 266 Harristown Road, Glen Rock, NJ. Michele Luff, the company's co-founder and President will continue in that role as the company joins Highlands.
Highlands Bancorp, Inc. Declares its First Quarterly Dividend
Business Wire - Mon Jan 27, 1:33PM CST
The Board of Directors of Highlands Bancorp, Inc. (OTCQB:HSBK) parent company of Highlands State Bank, announced that it has declared a cash dividend of $0.01 per common share. The dividend is payable on March 1, 2014 to common shareholders of record on February 15, 2014.
Highlands Bancorp, Inc. Reports Results for the Quarter and Year Ended December 31, 2013
Business Wire - Fri Jan 24, 10:24AM CST
Highlands Bancorp, Inc. (OTC BB: HSBK.OB) parent company of Highlands State Bank, reported fourth quarter net income of $563,000 in 2013 compared to net income of $1,012,000 for the same period of 2012. Fourth quarter net income available to common stockholders was $545,000 or $.30 per diluted share in 2013 compared to $995,000 or $.56 per diluted share for the same period in 2012. Net income for the full year 2013 was $2,270,000 compared to $1,548,000 for the full year 2012. Net income available to common stockholders for the full year 2013 was $2,201,000 or $1.23 per diluted share compared to $1,484,000 or $.83 per diluted share for the year of 2012. The quarterly and annual results for both 2013 and 2012 were positively impacted by partial reversals of the Company's valuation allowance on deferred tax assets which resulted in tax benefits of $333,000 or $.19 per share for the fourth quarter of 2013 and $640,000 or $.36 per share for the fourth quarter of 2012, and $1,310,000 or $.73 per share and $640,000 or $.36 per share for the years of 2013 and 2012, respectively.
Highlands State Bank signs definitive agreement to acquire mortgage banking company
M2 - Mon Oct 28, 10:42AM CDT
Highlands Bancorp Inc (OTCBB:HSBK.OB), a bank holding company, revealed on Friday that its wholly owned subsidiary Highlands State Bank (the bank) signed a definitive agreement to acquire mortgage banking company Secured Lending Solutions Inc (SLS) of Glen Rock, New Jersey.
Highlands State Bank to Acquire Secure Lending Solutions Mortgage Company
Business Wire - Fri Oct 25, 2:28PM CDT
Highlands Bancorp, Inc. (OTCBB: HSBK.OB) announced that its wholly owned subsidiary, Highlands State Bank, has entered into a definitive agreement to acquire the mortgage banking company Secured Lending Solutions, Inc. ("SLS") of Glen Rock, NJ. SLS will be operated as a wholly owned subsidiary of the bank upon completion of standard regulatory approvals and normal acquisition conditions.
Highlands Bancorp, Inc. Reports Improved Results for the Three and Nine Months Ended September 30, 2013
Business Wire - Thu Oct 17, 11:51AM CDT
Highlands Bancorp, Inc. (OTCQB: HSBK) parent company of Highlands State Bank, reported third quarter 2013 net income of $326,000 compared to net income of $167,000 for the same period in 2012. For the nine months ended September 30, 2013 net income was $730,000 compared to a net income of $536,000 for the same period in 2012. Third quarter 2013 net income available to common stockholders was $603,000 or $.34 per diluted common share compared to net income of $154,000 or $.09 per diluted common share for the same period in 2012. The comparable nine month results reflect net income available to common stockholders for 2013 of $1,656,000 or $.93 per diluted common share compared to net income of $490,000 or $.27 per diluted common share. The third quarter and year-to-date 2013 results were positively impacted by partial reversals of the Company's valuation allowance on deferred tax assets of $425,000 and $1,274,000 respectively, which were partially offset by respective period income tax expenses of $131,000, and $297,000, respectively. These resulted in net tax benefits of $294,000 or $.16 per share for the third quarter 2013, and $977,000 or $.55 per share for the nine months ended September 30, 2013.
Highlands Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2013
Business Wire - Thu Jul 18, 4:31PM CDT
Highlands Bancorp, Inc. (OTCQB: HSBK) parent company of Highlands State Bank, reported second quarter 2013 net income of $225,000 compared to net income of $204,000 for the same period in 2012. For the six months ended June 30, 2013 net income was $404,000 compared to a net income of $369,000 for the same period in 2012. Second quarter 2013 net income available to common stockholders was $538,000 or $.30 per diluted common share compared to net income of $177,000 or $.10 per diluted common share for the same period in 2012. The comparable six month results reflect net income available to common stockholders for 2013 of $1,053,000 or $.59 per diluted common share compared to net income of $336,000 or $.19 per diluted common share. The second quarter and year-to-date 2013 results were positively impacted by partial reversals of the Company's valuation allowance on deferred tax assets of $425,000 and $849,000 respectively, which were partially offset by respective period income tax expenses of $95,000, and $167,000, respectively. These resulted in net tax benefits of $330,000 or $.18 per share for the second quarter 2013, and $682,000 or $.38 per share for the first six months of 2013.
Highlands Bancorp, Inc. Reports Increased Net Income and Earnings Per Share for the First Quarter Ended March 31, 2013
Business Wire - Wed Apr 17, 12:20PM CDT
Highlands Bancorp, Inc. (OTCBB: HSBK.OB) parent company of Highlands State Bank, reported first quarter net income of $532,000 compared to net income of $165,000 for the same period in 2012. First quarter net income available to common stockholders was $515,000 or $.29 per diluted share, compared to $159,000 or $.09 per diluted share for the same period in 2012. The first quarter 2013 results were positively impacted by a partial reversal of $425,000 of the Company's valuation allowance on deferred tax assets which was partially offset by current period income tax expenses of $72,000, resulting in a tax benefit of $353,000 or $.20 per share.
Highlands Bancorp reports higher net income for Q4 2012 over prior year
M2 - Mon Feb 04, 3:59AM CST
Highlands Bancorp Inc (OTC BB:HSBK.OB), the parent company of Highlands State Bank, on Friday reported a net income available to common stockholders of USD995,000 or USD0.56 per diluted share for the fourth quarter of 2012, increased from the net income available to common stockholders of USD770,000 or USD0.43 per diluted share for the same period in 2011.
Highlands Bancorp, Inc. Reports Enhanced Results for the Quarter and Year Ended December 31, 2012
Business Wire - Fri Feb 01, 4:11PM CST
Highlands Bancorp, Inc. (OTC BB: HSBK.OB) parent company of Highlands State Bank, reported fourth quarter net income of $1,012,000 in 2012 compared to net income of $798,000 for the same period of 2011. Fourth quarter net income available to common stockholders was $995,000 or $.56 per diluted share in 2012 compared to $770,000 or $.43 per diluted share for the same period in 2011. Net income for the full year 2012 was $1,548,000 compared to $1,534,000 for the full year 2011. Net income available to common stockholders for the full year 2012 was $1,485,000 or $.83 per diluted share compared to $1,192,000 or $.67 per diluted share for the year of 2011. The quarterly and annual results for both 2012 and 2011 were positively impacted by partial reversals of the Company's valuation allowance on deferred tax assets which resulted in tax benefits of $640,000 or $.36 per share for 2012, and $480,000 or $.27 per share for 201
