Latest Security Bank Corp (SYBJF) Headlines
Peoples Financial Services Corp. Reports Earnings
PR Newswire - Wed Feb 12, 3:46PM CST
Peoples Financial Services Corp. ("Peoples") (OTCQB: PFIS), the bank holding company for Peoples Security Bank and Trust Company, today reported unaudited financial results at and for the three and twelve-month periods ended December 31, 2013. Peoples, which completed a merger with Penseco Financial Services Corporation ("Penseco") on November 30, 2013, reported net income of $5.1 million, or $1.07 per basic and diluted weighted average share, compared to $10.6 million, or $2.37 per share, reported by Penseco for the twelve months ended December 31, 2012. Peoples reported a net loss of $2.8 million, $0.50 per share, for the three months ended December 31, 2013, compared to net income of $2.7 million, or $0.61 per share, reported by Penseco for the three months ended December 31, 2012.
FS Bancorp, Inc. Announces Strong 2013 Results Including $3.9 Million in Net Income or $1.29 per Diluted Share and Fourth Consecutive Dividend
GlobeNewswire - Thu Jan 30, 3:30PM CST
FS Bancorp, Inc. (Nasdaq:FSBW) ("FS Bancorp" or "the Company"), the holding company for 1st Security Bank of Washington ("the Bank") today reported 2013 net income of $3.9 million, or $1.29 per diluted share, compared to net income of $5.3 million or $1.76 per diluted share, for the year ended December 31, 2012. Net income for 2012 included a $2.3 million tax benefit from the reversal of the valuation allowance for deferred tax assets while there was no similar reversal in 2013. Net income for the fourth quarter of 2013 was $537,000, or $0.18 per diluted share, compared to $1.1 million, or $0.36 per diluted share, for the fourth quarter ended December 31, 2012.
Jefferson Security Bank Announces Continuation of the Stock Repurchase Program
Business Wire - Fri Dec 20, 1:14PM CST
On June 14, 2013, Jefferson Security Bank (OTCBB: JFWV), received approval from the FDIC for the continuation of its Stock Repurchase Program. At their December 18, 2013 board meeting, the Board of Directors of the Bank approved the repurchase of up to 1,500 shares of Jefferson Security Bank stock at $60.00 per share. Under the FDIC approval, Jefferson Security Bank may repurchase up to 6,000 common shares issued and outstanding either on the open market or in privately negotiated transactions through June 13, 2014, subject to all state and regulatory restrictions.
Peoples Financial Services Corp. Completes Merger with Penseco Financial Services Corporation
Business Wire - Mon Dec 02, 12:17PM CST
Craig W. Best, President and CEO of Peoples Financial Services Corp. ("Peoples"; OTCQB: PFIS) announced today the closing of its merger with Penseco Financial Services Corporation on November 30, 2013. Peoples also announced the merger of its subsidiary bank, Peoples Neighborhood Bank with Penn Security Bank and Trust Company on December 1, 2013. The combined bank will operate as Peoples Security Bank and Trust Company. Full integration of the banks is expected to be completed in April, 2014.
Jefferson Security Bank declares half yearly dividend of USD0.60 per share
M2 - Mon Nov 25, 10:08AM CST
President and chief executive officer K Stephen Morris of a community bank, Jefferson Security Bank (OTCBB:JFWV) disclosed on Friday that its board of directors authorised a semiannual dividend of USD0.60 per share.
nTrust Offers Online Bills Payment Through Partnership with Security Bank Corporation
Marketwire - Tue Nov 19, 5:01AM CST
nTrust members will now be able to make secure online bill payments through their nTrust Cloud. The integration with Security Bank Corporation will help thousands of households seamlessly pay bills online with the click of a button.
FS Bancorp, Inc. Reports Net Income for the Third Quarter of $1.1 Million or $0.35 per Diluted Share and Declaration of Cash Dividend
GlobeNewswire - Tue Oct 29, 3:15PM CDT
FS Bancorp, Inc. (Nasdaq:FSBW) ("FS Bancorp" or "the Company"), the holding company for 1st Security Bank of Washington ("the Bank") today reported 2013 third quarter net income of $1.1 million, or $0.35 per diluted share, compared to $3.3 million for the same period last year, which included a $2.3 million net tax benefit due to the reversal of a majority of its deferred tax asset ("DTA") valuation allowance. Net income for the nine months ended September 30, 2013 was $3.4 million, or $1.12 per diluted share, compared to $4.2 million for the nine months ended September 30, 2012, which included a $2.3 million net tax benefit.
Phyllis Nomura Joins First Sound Bank As Executive Vice President and Chief Financial Officer
PR Newswire - Thu Aug 22, 2:47PM CDT
Phyllis Nomura has joined First Sound Bank (OTCBB: FSWA) as executive vice president and chief financial officer. Having most recently served as executive vice president and chief financial officer for Core Business Bank, she brings to First Sound significant regulatory, accounting, finance and management experience in banking, investments and finance.
United Security Bank Announces Appointment of Chief Credit Officer
PR Newswire - Thu Jul 25, 4:20PM CDT
United Security Bank (the "Bank"), a wholly-owned subsidiary of United Security Bancshares (http://www.unitedsecuritybank.com/) (Nasdaq Global Select: UBFO) announced the appointment of Mr. William M. Yarbenet as Senior Vice President and Chief Credit Officer. Mr. Yarbenet joined the Bank on July 8, 2013, and was appointed Chief Credit Officer effective July 23, 2013. Mr. Yarbenet will also serve as a senior officer to United Security Bancshares.
FS Bancorp, Inc. Reports Net Income for the Second Quarter of $1.1 Million or $0.36 per Share and Declaration of Cash Dividend
GlobeNewswire - Thu Jul 25, 2:02PM CDT
FS Bancorp, Inc. (Nasdaq:FSBW) ("FS Bancorp" or "the Company"), the holding company for 1st Security Bank of Washington ("the Bank") today reported 2013 second quarter net income of $1.1 million, or $0.36 per diluted share, compared to $621,000 for the same period last year. The second quarter of 2012 was prior to the completion of the Company's initial public offering on July 9, 2012 with the issuance of 3,240,125 shares of its common stock, which generated gross proceeds of $32.4 million; therefore, the comparative operating results before that date are for the Bank only.
FS Bancorp, Inc. Announces Cash Dividend
GlobeNewswire - Tue Apr 30, 10:23AM CDT
FS Bancorp, Inc. (Nasdaq:FSBW), the holding company for 1st Security Bank of Washington, today announced that its Board of Directors declared a quarterly cash dividend of $.05 per share on the Company's outstanding common stock. The cash dividend will be payable on May 29, 2013 to shareholders of record as of the close of business on May 15, 2013.
FS Bancorp, Inc. Reports Net Income for the First Quarter of $1.2 Million or $0.41 Per Share
GlobeNewswire - Mon Apr 29, 12:16PM CDT
FS Bancorp, Inc. (Nasdaq:FSBW) ("FS Bancorp" or "the Company"), the holding company for 1st Security Bank of Washington ("the Bank") today reported 2013 first quarter net income of $1.2 million, or $0.41 per diluted share, compared to $277,000 for the same period last year. The Company completed its initial public offering on July 9, 2012 with the issuance of 3,240,125 shares of its common stock, which generated gross proceeds of $32.4 million; therefore, operating results before that date are for the Bank only.
FS Bancorp, Inc. Reports Net Income for the Fourth Quarter of $1.1 Million or $0.36 per Share and $5.3 Million or $1.76 per Share for the Year Ended December 31, 2012
GlobeNewswire - Wed Jan 30, 4:39PM CST
FS Bancorp, Inc. (Nasdaq:FSBW) ("FS Bancorp" or "the Company"), the holding company for 1st Security Bank of Washington ("the Bank") today reported 2012 fourth quarter net income of $1.1 million, or $0.36 per diluted share, compared to $312,000 for the fourth quarter ended December 31, 2011. The 2012 fourth quarter net income of $1.1 million compares to $3.3 million for the third quarter of 2012 which included a $2.3 million reversal of the valuation allowance for the deferred tax asset. Net income for the year ended December 31, 2012 was $5.3 million including the $2.3 million reversal of the valuation allowance for the deferred tax asset compared to net income of $1.5 million for the year ended December 31, 2011. The Company completed its initial public offering on July 9, 2012 with the issuance of 3,240,125 shares of its common stock, which generated gross proceeds of $32.4 million; therefore, operating results before that date are for the Bank only.
Peoples Financial Services Corp. Reports Earnings
PR Newswire - Wed Feb 12, 3:46PM CST
Peoples Financial Services Corp. ("Peoples") (OTCQB: PFIS), the bank holding company for Peoples Security Bank and Trust Company, today reported unaudited financial results at and for the three and twelve-month periods ended December 31, 2013. Peoples, which completed a merger with Penseco Financial Services Corporation ("Penseco") on November 30, 2013, reported net income of $5.1 million, or $1.07 per basic and diluted weighted average share, compared to $10.6 million, or $2.37 per share, reported by Penseco for the twelve months ended December 31, 2012. Peoples reported a net loss of $2.8 million, $0.50 per share, for the three months ended December 31, 2013, compared to net income of $2.7 million, or $0.61 per share, reported by Penseco for the three months ended December 31, 2012.
FS Bancorp, Inc. Announces Strong 2013 Results Including $3.9 Million in Net Income or $1.29 per Diluted Share and Fourth Consecutive Dividend
GlobeNewswire - Thu Jan 30, 3:30PM CST
FS Bancorp, Inc. (Nasdaq:FSBW) ("FS Bancorp" or "the Company"), the holding company for 1st Security Bank of Washington ("the Bank") today reported 2013 net income of $3.9 million, or $1.29 per diluted share, compared to net income of $5.3 million or $1.76 per diluted share, for the year ended December 31, 2012. Net income for 2012 included a $2.3 million tax benefit from the reversal of the valuation allowance for deferred tax assets while there was no similar reversal in 2013. Net income for the fourth quarter of 2013 was $537,000, or $0.18 per diluted share, compared to $1.1 million, or $0.36 per diluted share, for the fourth quarter ended December 31, 2012.
Jefferson Security Bank Announces Continuation of the Stock Repurchase Program
Business Wire - Fri Dec 20, 1:14PM CST
On June 14, 2013, Jefferson Security Bank (OTCBB: JFWV), received approval from the FDIC for the continuation of its Stock Repurchase Program. At their December 18, 2013 board meeting, the Board of Directors of the Bank approved the repurchase of up to 1,500 shares of Jefferson Security Bank stock at $60.00 per share. Under the FDIC approval, Jefferson Security Bank may repurchase up to 6,000 common shares issued and outstanding either on the open market or in privately negotiated transactions through June 13, 2014, subject to all state and regulatory restrictions.
Peoples Financial Services Corp. Completes Merger with Penseco Financial Services Corporation
Business Wire - Mon Dec 02, 12:17PM CST
Craig W. Best, President and CEO of Peoples Financial Services Corp. ("Peoples"; OTCQB: PFIS) announced today the closing of its merger with Penseco Financial Services Corporation on November 30, 2013. Peoples also announced the merger of its subsidiary bank, Peoples Neighborhood Bank with Penn Security Bank and Trust Company on December 1, 2013. The combined bank will operate as Peoples Security Bank and Trust Company. Full integration of the banks is expected to be completed in April, 2014.
Jefferson Security Bank declares half yearly dividend of USD0.60 per share
M2 - Mon Nov 25, 10:08AM CST
President and chief executive officer K Stephen Morris of a community bank, Jefferson Security Bank (OTCBB:JFWV) disclosed on Friday that its board of directors authorised a semiannual dividend of USD0.60 per share.
nTrust Offers Online Bills Payment Through Partnership with Security Bank Corporation
Marketwire - Tue Nov 19, 5:01AM CST
nTrust members will now be able to make secure online bill payments through their nTrust Cloud. The integration with Security Bank Corporation will help thousands of households seamlessly pay bills online with the click of a button.
FS Bancorp, Inc. Reports Net Income for the Third Quarter of $1.1 Million or $0.35 per Diluted Share and Declaration of Cash Dividend
GlobeNewswire - Tue Oct 29, 3:15PM CDT
FS Bancorp, Inc. (Nasdaq:FSBW) ("FS Bancorp" or "the Company"), the holding company for 1st Security Bank of Washington ("the Bank") today reported 2013 third quarter net income of $1.1 million, or $0.35 per diluted share, compared to $3.3 million for the same period last year, which included a $2.3 million net tax benefit due to the reversal of a majority of its deferred tax asset ("DTA") valuation allowance. Net income for the nine months ended September 30, 2013 was $3.4 million, or $1.12 per diluted share, compared to $4.2 million for the nine months ended September 30, 2012, which included a $2.3 million net tax benefit.
Phyllis Nomura Joins First Sound Bank As Executive Vice President and Chief Financial Officer
PR Newswire - Thu Aug 22, 2:47PM CDT
Phyllis Nomura has joined First Sound Bank (OTCBB: FSWA) as executive vice president and chief financial officer. Having most recently served as executive vice president and chief financial officer for Core Business Bank, she brings to First Sound significant regulatory, accounting, finance and management experience in banking, investments and finance.
United Security Bank Announces Appointment of Chief Credit Officer
PR Newswire - Thu Jul 25, 4:20PM CDT
United Security Bank (the "Bank"), a wholly-owned subsidiary of United Security Bancshares (http://www.unitedsecuritybank.com/) (Nasdaq Global Select: UBFO) announced the appointment of Mr. William M. Yarbenet as Senior Vice President and Chief Credit Officer. Mr. Yarbenet joined the Bank on July 8, 2013, and was appointed Chief Credit Officer effective July 23, 2013. Mr. Yarbenet will also serve as a senior officer to United Security Bancshares.
FS Bancorp, Inc. Reports Net Income for the Second Quarter of $1.1 Million or $0.36 per Share and Declaration of Cash Dividend
GlobeNewswire - Thu Jul 25, 2:02PM CDT
FS Bancorp, Inc. (Nasdaq:FSBW) ("FS Bancorp" or "the Company"), the holding company for 1st Security Bank of Washington ("the Bank") today reported 2013 second quarter net income of $1.1 million, or $0.36 per diluted share, compared to $621,000 for the same period last year. The second quarter of 2012 was prior to the completion of the Company's initial public offering on July 9, 2012 with the issuance of 3,240,125 shares of its common stock, which generated gross proceeds of $32.4 million; therefore, the comparative operating results before that date are for the Bank only.
FS Bancorp, Inc. Announces Cash Dividend
GlobeNewswire - Tue Apr 30, 10:23AM CDT
FS Bancorp, Inc. (Nasdaq:FSBW), the holding company for 1st Security Bank of Washington, today announced that its Board of Directors declared a quarterly cash dividend of $.05 per share on the Company's outstanding common stock. The cash dividend will be payable on May 29, 2013 to shareholders of record as of the close of business on May 15, 2013.
FS Bancorp, Inc. Reports Net Income for the First Quarter of $1.2 Million or $0.41 Per Share
GlobeNewswire - Mon Apr 29, 12:16PM CDT
FS Bancorp, Inc. (Nasdaq:FSBW) ("FS Bancorp" or "the Company"), the holding company for 1st Security Bank of Washington ("the Bank") today reported 2013 first quarter net income of $1.2 million, or $0.41 per diluted share, compared to $277,000 for the same period last year. The Company completed its initial public offering on July 9, 2012 with the issuance of 3,240,125 shares of its common stock, which generated gross proceeds of $32.4 million; therefore, operating results before that date are for the Bank only.
FS Bancorp, Inc. Reports Net Income for the Fourth Quarter of $1.1 Million or $0.36 per Share and $5.3 Million or $1.76 per Share for the Year Ended December 31, 2012
GlobeNewswire - Wed Jan 30, 4:39PM CST
FS Bancorp, Inc. (Nasdaq:FSBW) ("FS Bancorp" or "the Company"), the holding company for 1st Security Bank of Washington ("the Bank") today reported 2012 fourth quarter net income of $1.1 million, or $0.36 per diluted share, compared to $312,000 for the fourth quarter ended December 31, 2011. The 2012 fourth quarter net income of $1.1 million compares to $3.3 million for the third quarter of 2012 which included a $2.3 million reversal of the valuation allowance for the deferred tax asset. Net income for the year ended December 31, 2012 was $5.3 million including the $2.3 million reversal of the valuation allowance for the deferred tax asset compared to net income of $1.5 million for the year ended December 31, 2011. The Company completed its initial public offering on July 9, 2012 with the issuance of 3,240,125 shares of its common stock, which generated gross proceeds of $32.4 million; therefore, operating results before that date are for the Bank only.
