Latest New Hampshire Thrift Bancshares (NHTB) Head
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New Hampshire Thrift Bancshares, Inc. Announces Earnings for Fiscal Year 2013
Marketwire - Fri Jan 31, 3:15PM CST
New Hampshire Thrift Bancshares, Inc. (the "Company") (NASDAQ: NHTB), the holding company for Lake Sunapee Bank, fsb (the "Bank"), today reported consolidated net income for the twelve months ended December 31, 2013, of $8.4 million, or $1.11 per common share, assuming dilution, compared to $7.8 million, or $1.20 per common share, assuming dilution, for same period in 2012, an increase of $655 thousand, or 8.44%. The weighted average numbers of common shares, assuming dilution, were 7,301,861 and 5,912,051 for the years ended December 31, 2013 and 2012, respectively. Common shares outstanding were 8,216,747 and 7,055,946 at December 31, 2013 and 2012, respectively. For the quarter ended December 31, 2013, the Company reported consolidated net income of $2.0 million, or $0.24 per common share, assuming dilution, compared to $1.6 million, or $0.26 per common share, assuming dilution, for the quarter ended December 31, 2012, an increase of $360 thousand, or 22.02%. The weighted average numbers of common shares, assuming dilution, were 7,943,221 and 6,027,787 for the quarters ended December 31, 2013 and 2012, respectively.
New Hampshire Thrift Bancshares, Inc. Announces Quarterly Dividend and Annual Meeting Date
Marketwire - Thu Jan 09, 2:58PM CST
New Hampshire Thrift Bancshares, Inc. (NASDAQ: NHTB) has declared a regular quarterly cash dividend of thirteen cents ($0.13) per share payable January 31, 2014, to stockholders of record as of January 24, 2014.
New Hampshire Thrift Bancshares, Inc. Completes Acquisition of Central Financial Corporation
Marketwire - Fri Oct 25, 3:05PM CDT
New Hampshire Thrift Bancshares, Inc. (the "Company") (NASDAQ: NHTB) today announced that it completed its acquisition of Central Financial Corporation, expanding the Company's presence in Vermont. Under the terms of the agreement, Central Financial Corporation merged with and into the Company, with the Company being the surviving corporation of the merger. Additionally, The Randolph National Bank, a wholly owned subsidiary of Central Financial Corporation, merged with and into Lake Sunapee Bank, fsb ("Lake Sunapee Bank"), a wholly owned subsidiary of the Company, with Lake Sunapee Bank continuing as the surviving entity. Shareholders of Central Financial Corporation approved the acquisition, and Lake Sunapee Bank and The Randolph National Bank received the required regulatory approvals.
New Hampshire Thrift Bancshares, Inc. Announces Record Earnings for Third Quarter
Marketwire - Tue Oct 15, 2:30PM CDT
New Hampshire Thrift Bancshares, Inc. (the "Company") (NASDAQ: NHTB), the holding company for Lake Sunapee Bank, fsb (the "Bank"), today reported consolidated net income for the nine months ended September 30, 2013 of $6.4 million, or $0.87 per diluted common share, compared to $6.1 million, or $0.94 per diluted common share for same period in 2012, an increase of $295 thousand, or 4.82%. For the quarter ended September 30, 2013, the Company reported consolidated net income of $2.6 million, or $0.35 per diluted common share, compared to $2.0 million, or $0.32 per diluted common share, for the quarter ended September 30, 2012, an increase of $542 thousand, or 26.70%. The increase of earnings during the nine- and three-month periods are in part due to a mark-to-market recognition related to the acquisition of Charter Holding Corp. offset in part by non-recurring expenses associated with the acquisition of Charter Holding Corp. and the pending acquisition of Central Financial Corporation.
New Hampshire Thrift Bancshares, Inc. Announces Quarterly Dividend
Marketwire - Thu Oct 10, 3:00PM CDT
New Hampshire Thrift Bancshares, Inc. (NASDAQ: NHTB) has declared a regular quarterly cash dividend of thirteen cents ($0.13) per share payable October 31, 2013, to stockholders of record as of October 24, 2013.
New Hampshire Thrift Bancshares, Inc. Subsidiary Lake Sunapee Bank Completes Purchase of Charter Trust
Marketwire - Tue Oct 08, 11:00AM CDT
Lake Sunapee Bank, fsb, a subsidiary of New Hampshire Thrift Bancshares (NASDAQ: NHTB), has completed the previously announced acquisition of Charter Trust Company ("Charter Trust"). Charter Trust was formed in 1984 as a New Hampshire-chartered non-depository trust company and is regulated by the State of New Hampshire Banking Department. Lake Sunapee Bank was one of the six original owners of Charter Trust and now, as a result of this acquisition, is the sole owner of Charter Trust.
New Hampshire Thrift Bancshares, Inc. Announces Earnings for Second Quarter
Marketwire - Mon Jul 15, 4:19PM CDT
New Hampshire Thrift Bancshares, Inc. (the "Company") (NASDAQ: NHTB), the holding company for Lake Sunapee Bank, fsb (the "Bank"), today reported consolidated net income for the six months ended June 30, 2013, of $3.8 million, or $0.52 per diluted common share, compared to $4.1 million, or $0.61 per diluted common share for same period in 2012, a decrease of $248 thousand, or 6.06%. For the quarter ended June 30, 2013, the Company reported consolidated net income of $1.8 million, or $0.25 per diluted common share compared to $2.0 million, or $0.30 per diluted common share, for the quarter ended June 30, 2012, a decrease of $215 thousand, or 10.71%. The decrease of earnings during the six- and three-month periods are in part due to non-recurring expenses associated with the pending acquisition of Charter Holding Corp. and Central Financial Corporation. President and Chief Executive Officer, Steve Theroux, stated, "We are pleased with the results of the second quarter considering the costs incurred associated
New Hampshire Thrift Bancshares, Inc. Announces Earnings for First Quarter and Quarterly Dividend
Marketwire - Thu Apr 11, 12:00PM CDT
New Hampshire Thrift Bancshares, Inc. (the "Company") (NASDAQ: NHTB), the holding company for Lake Sunapee Bank, fsb (the "Bank"), today reported consolidated net income for the three months ended March 31, 2013, of $2.1 million, or $0.27 per common share, assuming dilution, compared to $2.1 million, or $0.31 per common share, assuming dilution, for same period in 2012.
New Hampshire Thrift Bancshares, Inc. Agrees to Acquire Central Financial Corporation
Marketwire - Wed Apr 03, 3:53PM CDT
New Hampshire Thrift Bancshares, Inc. (NASDAQ: NHTB), parent company of Lake Sunapee Bank, fsb, and Central Financial Corporation (PINKSHEETS: CEVT) today jointly announced that they have entered into a definitive agreement through which New Hampshire Thrift Bancshares will acquire Central Financial Corporation and its subsidiary, The Randolph National Bank. Originally established in 1875, The Randolph National Bank serves the credit and deposit needs of individuals and businesses with offices in the Vermont communities of Rochester, Royalton, South Royalton, Randolph, Williamstown and Quechee, and has assets in excess of $170 million.
New Hampshire Thrift Bancshares, Inc. Announces the Retirement of Stephen W. Ensign
Marketwire - Fri Mar 15, 3:21PM CDT
New Hampshire Thrift Bancshares, Inc. (the "Company") (NASDAQ: NHTB), the holding company for Lake Sunapee Bank, fsb (the "Bank"), today announced that Stephen W. Ensign will retire as an employee of the Company and the Bank, effective April 30, 2013. Mr. Ensign, who is in his 42nd year with the Bank, will continue to serve as the Chairman of the Boards of Directors for both the Company and the Bank.
New Hampshire Thrift Bancshares, Inc. Completes Acquisition of The Nashua Bank
Marketwire - Fri Dec 21, 3:01PM CST
New Hampshire Thrift Bancshares, Inc. (the "Company") (NASDAQ: NHTB) announced that it completed its acquisition of The Nashua Bank today, expanding the Company's presence in southern New Hampshire. Shareholders of The Nashua Bank approved the acquisition, and Lake Sunapee Bank, fsb (the "Bank"), the Company's subsidiary bank, and The Nashua Bank, received the required regulatory approvals in early December.
New Hampshire Thrift Bancshares, Inc. Appoints New Director
Marketwire - Wed Dec 19, 3:30PM CST
New Hampshire Thrift Bancshares, Inc. (the "Company") (NASDAQ: NHTB), the holding company for Lake Sunapee Bank, fsb (the "Bank"), today announced that on December 13, 2012, it appointed Catherine A. Feeney, Esq. to the Board of Directors as an independent director. Ms. Feeney will fill the vacancy created by Mr. Michael Putziger's resignation from the Board on August 9, 2012, and will hold office until the Company's 2014 annual meeting of shareholders or until her successor is elected and qualified. Ms. Feeney will also serve as a director of the Bank.