Latest New Jersey Community Bank (NJCB) Headlines
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Posted On: 03/10/2014 7:08:28 PM
Latest New Jersey Community Bank (NJCB) Headlines
New Jersey Community Bank Reports Fourth Quarter and Full Year Results for 2013
Marketwire - Mon Jan 27, 3:00PM CST
New Jersey Community Bank (OTCQB: NJCB) (the "Bank") reported net loss of $212 thousand, or $(0.11) per common share for the three months ended December 31, 2013, compared to the fourth quarter 2012 earnings of $139 thousand, or $0.07 per common share. For the year 2012, the Bank reported net income of $114 thousand, or $0.06 per common share compared with net income of $361 thousand, or $0.19 per common share for the year 2012. The earnings for the year 2013 were negatively impacted by an increase in non-performing loans which in turn affected the interest income on loans, and an increase in the provision of loan and lease losses.
New Jersey Community Bank Reports Third Quarter 2013 Results
Marketwire - Fri Oct 18, 5:51PM CDT
New Jersey Community Bank (OTCQB: NJCB) (the "Bank") reported net income of $122 thousand, or $0.06 per common share for the three months ended September 30, 2013, compared to the third quarter 2012 earnings of $1 thousand. For the nine months ended September 30, 2013, the Bank reported net income of $326 thousand, or $0.17 per common share compared to net income of $221 thousand, or $0.12 per common share for the same period in the prior year. The earnings for the third quarter and nine months ended September 30, 2012 were negatively impacted by non-interest expense recorded in connection with a settlement with a former executive in the amount of $130 thousand, net of tax effect. Excluding this item, the Bank would have reported earnings of $131 thousand, or $0.07 per common share and $351 thousand, or $0.18 per common share for the third quarter and the nine months ended September 30, 2012, respectively.
New Jersey Community Bank Reports Second Quarter 2013 Results
Marketwire - Thu Jul 18, 9:00AM CDT
New Jersey Community Bank (OTCQB: NJCB) (the "Bank") reported net income of $113 thousand, or $0.06 per common share for the three months ended June 30, 2013, almost unchanged compared to the second quarter 2012 earnings of $112 thousand, or $0.05 per common share. For the first six months of 2013, the Bank reported net income of $204 thousand, or $0.11 per common share compared with a net income of $220 thousand, or $0.12 per common share for the same period in the prior year.
New Jersey Community Bank Announces 5% Annual Stock Dividend
Marketwire - Thu Apr 25, 11:30AM CDT
At its annual shareholders' meeting held today, Robert D. O'Donnell, Chairman and CEO announced that the Board of Directors of New Jersey Community Bank (OTCQB: NJCB) (the "Bank") at its regular meeting held on April 25, 2013, approved and declared a 5% annual stock dividend on the Bank's common stock. The stock dividend is payable on May 31, 2013 to shareholders of record on May 17, 2013. Currently, the Bank has 1,817,662 shares of common stock issued and outstanding.
New Jersey Community Bank Reports First Quarter 2013 Results
Marketwire - Wed Apr 17, 3:37PM CDT
New Jersey Community Bank (OTCQB: NJCB) (the "Bank") reported net income of $90 thousand, or $0.05 per common share for the three months ended March 31, 2013, compared with a net income of $108 thousand, or $0.06 per common share, for the same period in the prior year. Although the net interest income increased $34 thousand year over year but it was more than offset by an increase of $56 thousand in total non-interest expense. Net interest margin increased 14 basis points year over year largely due to a decline of 29 basis points in cost of interest-bearing liabilities.
New Jersey Community Bank Reports Fourth Quarter and Full Year Results for 2013
Marketwire - Mon Jan 27, 3:00PM CST
New Jersey Community Bank (OTCQB: NJCB) (the "Bank") reported net loss of $212 thousand, or $(0.11) per common share for the three months ended December 31, 2013, compared to the fourth quarter 2012 earnings of $139 thousand, or $0.07 per common share. For the year 2012, the Bank reported net income of $114 thousand, or $0.06 per common share compared with net income of $361 thousand, or $0.19 per common share for the year 2012. The earnings for the year 2013 were negatively impacted by an increase in non-performing loans which in turn affected the interest income on loans, and an increase in the provision of loan and lease losses.
New Jersey Community Bank Reports Third Quarter 2013 Results
Marketwire - Fri Oct 18, 5:51PM CDT
New Jersey Community Bank (OTCQB: NJCB) (the "Bank") reported net income of $122 thousand, or $0.06 per common share for the three months ended September 30, 2013, compared to the third quarter 2012 earnings of $1 thousand. For the nine months ended September 30, 2013, the Bank reported net income of $326 thousand, or $0.17 per common share compared to net income of $221 thousand, or $0.12 per common share for the same period in the prior year. The earnings for the third quarter and nine months ended September 30, 2012 were negatively impacted by non-interest expense recorded in connection with a settlement with a former executive in the amount of $130 thousand, net of tax effect. Excluding this item, the Bank would have reported earnings of $131 thousand, or $0.07 per common share and $351 thousand, or $0.18 per common share for the third quarter and the nine months ended September 30, 2012, respectively.
New Jersey Community Bank Reports Second Quarter 2013 Results
Marketwire - Thu Jul 18, 9:00AM CDT
New Jersey Community Bank (OTCQB: NJCB) (the "Bank") reported net income of $113 thousand, or $0.06 per common share for the three months ended June 30, 2013, almost unchanged compared to the second quarter 2012 earnings of $112 thousand, or $0.05 per common share. For the first six months of 2013, the Bank reported net income of $204 thousand, or $0.11 per common share compared with a net income of $220 thousand, or $0.12 per common share for the same period in the prior year.
New Jersey Community Bank Announces 5% Annual Stock Dividend
Marketwire - Thu Apr 25, 11:30AM CDT
At its annual shareholders' meeting held today, Robert D. O'Donnell, Chairman and CEO announced that the Board of Directors of New Jersey Community Bank (OTCQB: NJCB) (the "Bank") at its regular meeting held on April 25, 2013, approved and declared a 5% annual stock dividend on the Bank's common stock. The stock dividend is payable on May 31, 2013 to shareholders of record on May 17, 2013. Currently, the Bank has 1,817,662 shares of common stock issued and outstanding.
New Jersey Community Bank Reports First Quarter 2013 Results
Marketwire - Wed Apr 17, 3:37PM CDT
New Jersey Community Bank (OTCQB: NJCB) (the "Bank") reported net income of $90 thousand, or $0.05 per common share for the three months ended March 31, 2013, compared with a net income of $108 thousand, or $0.06 per common share, for the same period in the prior year. Although the net interest income increased $34 thousand year over year but it was more than offset by an increase of $56 thousand in total non-interest expense. Net interest margin increased 14 basis points year over year largely due to a decline of 29 basis points in cost of interest-bearing liabilities.
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