Latest Puget Sound Bank (PUGB) Headlines
Innovative Projects Help Promote Energy Literacy Among Students, Slash Energy Costs for Small Businesses
PR Newswire - Thu Jan 16, 4:32PM CST
Eight regional winners have been selected for recognition by the Midwest Energy Efficiency Alliance (MEEA) for helping Midwestern businesses and consumers save energy and money in new and innovative ways. The recipients of MEEA's 2014 Inspiring Efficiency Awards include:
Puget Sound Bank Reports Record Earnings
PR Newswire - Wed Jan 15, 3:15PM CST
Puget Sound Bank (OTCQB: PUGB) today reported net income of $2.2 million or $.77 per share for the year ending December 31, 2013, which compares to $1.9 million or $.78 per share for the year earlier period. Net income for the current quarter was $553,366 or $0.18 per share as compared to $359,516 or $0.14 per share for the year-earlier quarter. Without one-time costs resulting from Puget Sound Bank's acquisition of Core Business Bank completed in June 2013, net income for 2013 would have been $2.7 million or $0.96 per share.
Puget Sound Bank Reports Strong Third Quarter Results
PR Newswire - Wed Oct 23, 4:16PM CDT
Puget Sound Bank (OTCQB: PUGB) today reported net income of $601,533 or $.20 per share for the third quarter ending September 30, 2013 as compared to $529,649 or $.21 per share in the third quarter of 2012. Net income for the current quarter would have been approximately $733,000 or $0.24 per share before one-time costs resulting from Puget Sound Bank's acquisition of Core Business Bank, completed June 14, 2013.
Puget Sound Bank Reports Second Quarter Results
PR Newswire - Wed Jul 31, 3:10PM CDT
Puget Sound Bank (OTCQB: PUGB), today reported net income for the second quarter 2013 of $476,416 or $.18 per share as compared to $533,126 or $.21 per share in the first quarter of 2013. This compares to $526,381 or $.21 per share for the year-earlier quarter.
David V. Huguenin Joins Puget Sound Bank
PR Newswire - Mon Jul 01, 3:10PM CDT
Puget Sound Bank (OTCBB: PUGB) has announced that David V. Huguenin has joined the Bank as senior vice president, relationship manager. Mr. Huguenin joined the Bank upon Puget Sound Bank's acquisition of Core Business Bank.
Puget Sound Bank Completes Acquisition of Core Business Bank
PR Newswire - Fri Jun 14, 3:10PM CDT
Puget Sound Bank (OTCBB: PUGB) today announced the completion of its acquisition of Core Business Bank. With its increased assets Puget Sound Bank builds upon its long-term vision of strategically building shareholder value through expanding its customer base.
Puget Sound Bank Earnings Increase to $533,126 in First Quarter
PR Newswire - Wed Apr 17, 3:10PM CDT
Puget Sound Bank (OTCBB: PUGB), today reported that net income for the 1Q 2013 increased to $533,126 or $.21 per share from $359,516 or $.14 per share in 4Q 2012. Net income in 1Q 2012 was $517,065 or $.21 per share.
Puget Sound Bank Acquires Core Business Bank
PR Newswire - Fri Mar 22, 4:00PM CDT
Puget Sound Bank (OTCBB: PUGB), and Core Business Bank (Core) today jointly announced the signing of a definitive agreement pursuant to which Puget Sound Bank will acquire Core Business Bank for $8,425,000 with a combination of 20% cash and 80% Puget Sound Bank common stock. This value represents 132% of Core's December 31, 2012 net book value. The acquisition is expected to be accretive to Puget Sound Bank's earnings per share and tangible book value per share in the first full year of operations. The deal is expected to close in the second quarter of 2013 and is subject to the customary requirements that include regulatory approval as well as shareholder approval.
Innovative Projects Help Promote Energy Literacy Among Students, Slash Energy Costs for Small Businesses
PR Newswire - Thu Jan 16, 4:32PM CST
Eight regional winners have been selected for recognition by the Midwest Energy Efficiency Alliance (MEEA) for helping Midwestern businesses and consumers save energy and money in new and innovative ways. The recipients of MEEA's 2014 Inspiring Efficiency Awards include:
Puget Sound Bank Reports Record Earnings
PR Newswire - Wed Jan 15, 3:15PM CST
Puget Sound Bank (OTCQB: PUGB) today reported net income of $2.2 million or $.77 per share for the year ending December 31, 2013, which compares to $1.9 million or $.78 per share for the year earlier period. Net income for the current quarter was $553,366 or $0.18 per share as compared to $359,516 or $0.14 per share for the year-earlier quarter. Without one-time costs resulting from Puget Sound Bank's acquisition of Core Business Bank completed in June 2013, net income for 2013 would have been $2.7 million or $0.96 per share.
Puget Sound Bank Reports Strong Third Quarter Results
PR Newswire - Wed Oct 23, 4:16PM CDT
Puget Sound Bank (OTCQB: PUGB) today reported net income of $601,533 or $.20 per share for the third quarter ending September 30, 2013 as compared to $529,649 or $.21 per share in the third quarter of 2012. Net income for the current quarter would have been approximately $733,000 or $0.24 per share before one-time costs resulting from Puget Sound Bank's acquisition of Core Business Bank, completed June 14, 2013.
Puget Sound Bank Reports Second Quarter Results
PR Newswire - Wed Jul 31, 3:10PM CDT
Puget Sound Bank (OTCQB: PUGB), today reported net income for the second quarter 2013 of $476,416 or $.18 per share as compared to $533,126 or $.21 per share in the first quarter of 2013. This compares to $526,381 or $.21 per share for the year-earlier quarter.
David V. Huguenin Joins Puget Sound Bank
PR Newswire - Mon Jul 01, 3:10PM CDT
Puget Sound Bank (OTCBB: PUGB) has announced that David V. Huguenin has joined the Bank as senior vice president, relationship manager. Mr. Huguenin joined the Bank upon Puget Sound Bank's acquisition of Core Business Bank.
Puget Sound Bank Completes Acquisition of Core Business Bank
PR Newswire - Fri Jun 14, 3:10PM CDT
Puget Sound Bank (OTCBB: PUGB) today announced the completion of its acquisition of Core Business Bank. With its increased assets Puget Sound Bank builds upon its long-term vision of strategically building shareholder value through expanding its customer base.
Puget Sound Bank Earnings Increase to $533,126 in First Quarter
PR Newswire - Wed Apr 17, 3:10PM CDT
Puget Sound Bank (OTCBB: PUGB), today reported that net income for the 1Q 2013 increased to $533,126 or $.21 per share from $359,516 or $.14 per share in 4Q 2012. Net income in 1Q 2012 was $517,065 or $.21 per share.
Puget Sound Bank Acquires Core Business Bank
PR Newswire - Fri Mar 22, 4:00PM CDT
Puget Sound Bank (OTCBB: PUGB), and Core Business Bank (Core) today jointly announced the signing of a definitive agreement pursuant to which Puget Sound Bank will acquire Core Business Bank for $8,425,000 with a combination of 20% cash and 80% Puget Sound Bank common stock. This value represents 132% of Core's December 31, 2012 net book value. The acquisition is expected to be accretive to Puget Sound Bank's earnings per share and tangible book value per share in the first full year of operations. The deal is expected to close in the second quarter of 2013 and is subject to the customary requirements that include regulatory approval as well as shareholder approval.
