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Latest Alliance Bank (ALLB) Headlines Alliance

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Posted On: 03/13/2014 5:01:09 AM
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Posted By: Stock_Tracker
Latest Alliance Bank (ALLB) Headlines

Alliance Bancorp, Inc. of Pennsylvania Reports Revised Fourth Quarter and Year End Results
GlobeNewswire - Mon Mar 03, 3:05PM CST
Alliance Bancorp, Inc. of Pennsylvania (the "Company") (Nasdaq:ALLB) today issued revised results, amending the results previously reported in its Press Release dated January 22, 2014 for the quarter and year ended December 31, 2013. The revision relates to the accounting treatment for the Company's fourth quarter sale and lease of a branch office. After consulting with our independent auditors, the Company originally reported a $667,000 pre-tax gain on sale of fixed assets. Upon further review performed during the preparation of the Company's audited financial statements to be included in the Company's Annual Report on Form 10-K for the year ended December 31, 2013, it was determined that the transaction is more appropriately accounted for as a deferred gain on sale of fixed assets and will be recognized in income over a 12 year period beginning January 1, 2014. Also related to the gain on sale of fixed assets the Company's income tax expense was reduced by $227,000. As such, the previously reported fourth quarter and year end results for 2013 have been revised and are shown below.

Alliance Bancorp, Inc. of Pennsylvania Announces Agreement With PL Capital, LLC and Others
GlobeNewswire - Wed Feb 19, 3:04PM CST
Alliance Bancorp, Inc. of Pennsylvania (the "Company") (Nasdaq:ALLB), the holding company for Alliance Bank (the "Bank"), and PL Capital, LLC, ScurlyDog Capital, LLC, certain affiliated entities and others (collectively, the "PL Capital Parties") announced that they have entered into a Standstill Agreement pursuant to which, among other things, the Company has agreed to appoint Howard Henick to the Company's Board of Directors. Mr. Richard J. Lashley, a principal of PL Capital, LLC, had previously provided the Company with notice of his intent to nominate Mr. Henick as a candidate for election to the Company's Board of Directors at the Company's 2014 Annual Meeting of Shareholders. Mr. Henick will, subject to the terms of the agreement, be added to the Boards of Directors of the Company and the Bank on March 19, 2014 and will be nominated by the Company's Board of Directors for a three-year term for election as a director of the Company at the 2014 Annual Meeting of Shareholders to be held in April 2014.

Alliance Bancorp, Inc. of Pennsylvania Reports Fourth Quarter and Year End Results and Regular Quarterly Cash Dividend
GlobeNewswire - Wed Jan 22, 3:00PM CST
Alliance Bancorp, Inc. of Pennsylvania (the "Company") (Nasdaq:ALLB) announced today its results for the quarter and year ended December 31, 2013. The Company also announced that its Board of Directors declared a regular quarterly cash dividend on the common stock of the Company of $.05 per share, payable on February 21, 2014 to shareholders of record at the close of business on February 7, 2014.

The PL Capital Group Announces the Nomination of Howard Henick to Serve as a Director of Alliance Bancorp, Inc. of Pennsylvania
PR Newswire - Tue Nov 19, 3:05PM CST
The PL Capital Group is pleased to announce the nomination of Howard Henick to serve as a director of Alliance Bancorp, Inc. of Pennsylvania (Nasdaq: ALLB), in opposition to a director nominee who will be nominated by Alliance Bancorp. It is expected that Alliance Bancorp's 2014 Annual Meeting of Shareholders will be held in April 2014. The PL Capital Group beneficially owns 9.2% of Alliance Bancorp's outstanding common stock. Mr. Henick and his affiliates beneficially own 0.8% of Alliance Bancorp's outstanding common stock. The PL Capital Group plans to file proxy materials with the Securities and Exchange Commission asking for shareholders to vote for the PL Capital Group's nominee, Mr. Henick, on the WHITE proxy card.

Alliance Bancorp, Inc. of Pennsylvania Reports Third Quarter Results and Regular Quarterly Cash Dividend
GlobeNewswire - Wed Oct 23, 3:01PM CDT
Alliance Bancorp, Inc. of Pennsylvania (the "Company") (Nasdaq:ALLB) announced today its results for the quarter and nine months ended September 30, 2013. The Company also announced that its Board of Directors declared a regular quarterly cash dividend on the common stock of the Company of $.05 per share, payable on November 22, 2013 to shareholders of record at the close of business on November 8, 2013.

Alliance Bancorp, Inc. of Pennsylvania Reports Second Quarter Results and Regular Quarterly Cash Dividend
GlobeNewswire - Wed Jul 24, 1:00PM CDT
Alliance Bancorp, Inc. of Pennsylvania (the "Company") (Nasdaq:ALLB) announced today its results for the quarter and six months ended June 30, 2013. The Company also announced that its Board of Directors declared a regular quarterly cash dividend on the common stock of the Company of $.05 per share, payable on August 23, 2013 to shareholders of record at the close of business on August 9, 2013.

Alliance Bancorp, Inc. of Pennsylvania Reports First Quarter Results and Regular Quarterly Cash Dividend
GlobeNewswire - Wed Apr 24, 1:00PM CDT
Alliance Bancorp, Inc. of Pennsylvania (the "Company") (Nasdaq:ALLB) announced today its results for the quarter ended March 31, 2013. The Company also announced that its Board of Directors declared a regular quarterly cash dividend on the common stock of the Company of $.05 per share, payable on May 24, 2013 to shareholders of record at the close of business on May 10, 2013.

Alliance Bancorp, Inc. of Pennsylvania [ALLB] to Ring The NASDAQ Stock Market Closing Bell
GlobeNewswire - Tue Feb 19, 9:29AM CST
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