Latest Hopewell Valley Comm (HWDY) Headlines
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HVCBank Announces Results for 2013
Business Wire - Wed Jan 29, 8:33AM CST
--Declares Common Dividend
HVCBank Announces Solid Third Quarter 2013
Business Wire - Mon Oct 21, 11:50AM CDT
Hopewell Valley Community Bank (PinkSheets: HWDY) reported today that the Bank's net income for the third quarter of 2013 increased to $539,558, a rise of 5.8% over the $510,119 mark for the same period in 2012. On a per share basis, the increase was 7.1% with the 2013 quarter ending at $.15 as opposed to $.14 in 2012. Due to the effects of the balance sheet restructuring in the first quarter of this year, the current nine months net income was a loss of ($464,053) compared to a $1,457,038 gain for the comparable 2013 period.
HVCBank Announces Results for Second Quarter 2013
Business Wire - Fri Jul 19, 4:06PM CDT
Patrick L. Ryan, Chairman, and James Hyman, President and CEO, of Hopewell Valley Community Bank (PinkSheets: HWDY) jointly announced that the Bank's net income for the June quarter of 2013 was $599,631, a solid 31.3% increase from the $456,664 mark for the equivalent 2012 period. On a per share basis, the quarter came in 30.8% higher than 2012 with the Bank reporting $.17 per share against $.13 for the year ago period.
HVCBank Announces Results & Balance Sheet Restructuring for First Quarter 2013
Business Wire - Thu Apr 25, 3:14PM CDT
Patrick L. Ryan, Chairman, and James Hyman, President and CEO, of Hopewell Valley Community Bank (PinkSheets: HWDY) jointly announced that the Bank started 2013 with a significant balance sheet restructuring by repaying three long-term Federal Home Loan Bank (FHLB) advances totaling $20,000,000 on which the bank was paying interest at an average effective rate of 3.78%. Due to the early extinguishment of these obligations, the Bank paid a penalty of $2,697,796 which was charged against earnings. The decision to repay the advances, however, will save the Bank more than $750,000 per year in interest expense and a total of nearly $3.2 million of interest expense over what would have been the remaining duration of the advances.
HVCBank Announces Earnings for 2012
Business Wire - Tue Jan 29, 9:58AM CST
The Board of Directors of Hopewell Valley Community Bank (PinkSheets: HWDY) announced that net income for the fourth quarter of 2012 was $454,712 or $.12 per share, exceeding the equivalent 2011 mark of $421,680 or $.11 per share by 9.0% and showing an improving trend over the previous three quarters.
Hopewell Valley Community Bank declares accelerated 2013 dividend of USD0.10 per share
M2 - Thu Dec 20, 7:31AM CST
Hopewell Valley Community Bank (PinkSheets:HWDY) reported on Wednesday that its board of directors has authorised an accelerated payment of its 2013 regular cash dividend into 2012.
HVCBank Announces Acceleration of 2013 Dividend
Business Wire - Wed Dec 19, 3:16PM CST
Hopewell Valley Community Bank (PinkSheets: HWDY) today announced that its Board of Directors approved an accelerated payment of the 2013 regular cash dividends into 2012.