Latest Si Financial Group (SIFI) Headlines
SI Financial Group, Inc. Reports Results for the Quarter and Year Ended December 31, 2013
GlobeNewswire - Wed Feb 26, 3:09PM CST
SI Financial Group, Inc. (the "Company") (Nasdaq:SIFI), the holding company of Savings Institute Bank and Trust Company (the "Bank"), reported net income of $1.0 million, or $0.08 basic and diluted earnings per share, for the quarter ended December 31, 2013 versus net income of $745,000, or $0.08 basic and diluted earnings per share, for the quarter ended December 31, 2012. The Company reported a net loss of $855,000, or $0.08 basic and diluted loss per share, for the year ended December 31, 2013 compared to net income of $1.1 million, or $0.11 basic and diluted earnings per share, for the year ended December 31, 2012.
SI Financial Group, Inc. Announces Cash Dividend
GlobeNewswire - Wed Jan 22, 3:02PM CST
The Board of Directors of SI Financial Group, Inc. (the "Company") (Nasdaq:SIFI) has declared a cash dividend on the Company's outstanding shares of common stock. The dividend of $0.03 per share will be paid on or about February 24, 2014 to stockholders of record as of the close of business on February 3, 2014.
SI Financial Group, Inc. Reports Results for the Three and Nine Months Ended September 30, 2013
GlobeNewswire - Thu Oct 24, 3:02PM CDT
SI Financial Group, Inc. (the "Company") (Nasdaq:SIFI), the holding company of Savings Institute Bank and Trust Company (the "Bank"), reported a net loss of $1.7 million, or $0.17 basic and diluted loss per share, for the quarter ended September 30, 2013 versus a net loss of $700,000, or $0.07 basic and diluted loss per share, for the quarter ended September 30, 2012. The Company reported a net loss of $1.9 million, or $0.19 basic and diluted loss per share, for the nine months ended September 30, 2013 compared to net income of $373,000, or $0.04 basic and diluted earnings per share, for the nine months ended September 30, 2012.
SI Financial Group, Inc. Announces Completion of Acquisition of Newport Bancorp, Inc.
GlobeNewswire - Fri Sep 06, 3:02PM CDT
SI Financial Group, Inc. (Nasdaq:SIFI), the holding company for Savings Institute Bank and Trust Company, today announced the completion of its acquisition of Newport Bancorp, Inc., the holding company for Newport Federal Savings Bank. As a result of the merger, Newport Bancorp was merged with and into SI Financial, with SI Financial as the surviving entity, and Newport Federal Savings Bank was merged with and into Savings Institute Bank and Trust Company, with Savings Institute Bank and Trust Company as the surviving entity.
SI Financial Group, Inc. Announces Results of Election for Newport Bancorp, Inc. Merger Consideration
GlobeNewswire - Fri Aug 30, 3:02PM CDT
SI Financial Group, Inc. (Nasdaq:SIFI), the holding company for Savings Institute Bank and Trust Company, announced today the results of elections made by shareholders of Newport Bancorp, Inc. (Nasdaq:NFSB) as to the form of consideration, and allocation of merger consideration, to be received in exchange for their shares of Newport Bancorp common stock resulting from the merger of Newport Bancorp with and into SI Financial.
SI Financial announces receipt of approvals for acquisition of Newport Bancorp Inc
M2 - Thu Aug 22, 4:51AM CDT
SI Financial Group Inc (Nasdaq:SIFI), holding company of Savings Institute Bank and Trust Company, received all required regulatory and shareholder approvals to close its acquisition of Newport Bancorp Inc, it disclosed on Wednesday.
SI Financial Group, Inc. Announces Stockholder and Regulatory Approvals of Merger
Business Wire - Wed Aug 21, 4:05PM CDT
SI Financial Group, Inc. (Nasdaq: SIFI), the holding company for Savings Institute Bank and Trust Company, announced today that it has received all necessary regulatory and shareholder approvals to complete its previously announced acquisition of Newport Bancorp, Inc. The transaction is expected to close on September 6, 2013, subject to the satisfaction of customary closing conditions.
SI Financial Group, Inc. Reports Results for the Three and Six Months Ended June 30, 2013
GlobeNewswire - Wed Jul 31, 3:02PM CDT
SI Financial Group, Inc. (the "Company") (Nasdaq:SIFI), the holding company of Savings Institute Bank and Trust Company (the "Bank"), reported a net loss of $60,000, or $0.01 basic and diluted loss per share, for the quarter ended June 30, 2013 versus net income of $670,000, or $0.07 basic and diluted earnings per share, for the quarter ended June 30, 2012. The Company reported a net loss of $137,000, or $0.01 basic and diluted loss per share, for the six months ended June 30, 2013 compared to net income of $1.1 million, or $0.11 basic and diluted earnings per share, for the six months ended June 30, 2012.
SI Financial Group, Inc. Reports Results for the Quarter Ended March 31, 2013
GlobeNewswire - Wed Apr 24, 3:02PM CDT
SI Financial Group, Inc. (the "Company") (Nasdaq:SIFI), the holding company of Savings Institute Bank and Trust Company (the "Bank"), reported a net loss of $77,000, or $0.01 basic and diluted loss per share, for the quarter ended March 31, 2013 versus net income of $403,000, or $0.04 basic and diluted earnings per share, for the quarter ended March 31, 2012.
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Newport Bancorp, Inc. in Connection with the Sale of the Company to SI Financial Group, Inc.
PR Newswire - Fri Mar 08, 11:51AM CST
Levi & Korsinsky is investigating the Board of Directors of Newport Bancorp, Inc. ("Newport" or the "Company") (NasdaqGM: NFSB) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to SI Financial Group, Inc. ("SIFI") (NasdaqGM: SIFI).
Rigrodsky & Long, P.A. Announces Investigation Of Newport Bancorp, Inc. Buyout
PR Newswire - Thu Mar 07, 12:18PM CST
Rigrodsky & Long, P.A.:
SI Financial Buying Newport Bancorp
Rich Smith, The Motley Fool - Motley Fool - Wed Mar 06, 3:54PM CST
It's been a little over a month since Newport Bancorp issued its Q4 2012 earnings report, showing that the company grew profits ($0.14 per share), but lost assets (which shrank by 1%). Now, it appears that this is the last report the tiny...
SI Financial Group, Inc. to Acquire Newport Bancorp, Inc.
GlobeNewswire - Tue Mar 05, 3:15PM CST
SI Financial Group, Inc. (Nasdaq:SIFI), the holding company for Savings Institute Bank and Trust Company, and Newport Bancorp, Inc. (Nasdaq:NFSB), the holding company for Newport Federal Savings Bank, today announced the execution of a definitive merger agreement pursuant to which SI Financial Group will acquire Newport Bancorp. The acquisition will add to SI Financial Group approximately $449.4 million in assets, $355.0 million in loans and $289.7 million in deposits before acquisition accounting adjustments. The transaction will expand SI Financial Group's presence into Newport and Washington Counties in Rhode Island, where Newport Federal Savings Bank operates five full-service banking offices, and will add one branch in Stonington, Connecticut.
SI Financial Group, Inc. Reports Results for the Quarter and Year Ended December 31, 2013
GlobeNewswire - Wed Feb 26, 3:09PM CST
SI Financial Group, Inc. (the "Company") (Nasdaq:SIFI), the holding company of Savings Institute Bank and Trust Company (the "Bank"), reported net income of $1.0 million, or $0.08 basic and diluted earnings per share, for the quarter ended December 31, 2013 versus net income of $745,000, or $0.08 basic and diluted earnings per share, for the quarter ended December 31, 2012. The Company reported a net loss of $855,000, or $0.08 basic and diluted loss per share, for the year ended December 31, 2013 compared to net income of $1.1 million, or $0.11 basic and diluted earnings per share, for the year ended December 31, 2012.
SI Financial Group, Inc. Announces Cash Dividend
GlobeNewswire - Wed Jan 22, 3:02PM CST
The Board of Directors of SI Financial Group, Inc. (the "Company") (Nasdaq:SIFI) has declared a cash dividend on the Company's outstanding shares of common stock. The dividend of $0.03 per share will be paid on or about February 24, 2014 to stockholders of record as of the close of business on February 3, 2014.
SI Financial Group, Inc. Reports Results for the Three and Nine Months Ended September 30, 2013
GlobeNewswire - Thu Oct 24, 3:02PM CDT
SI Financial Group, Inc. (the "Company") (Nasdaq:SIFI), the holding company of Savings Institute Bank and Trust Company (the "Bank"), reported a net loss of $1.7 million, or $0.17 basic and diluted loss per share, for the quarter ended September 30, 2013 versus a net loss of $700,000, or $0.07 basic and diluted loss per share, for the quarter ended September 30, 2012. The Company reported a net loss of $1.9 million, or $0.19 basic and diluted loss per share, for the nine months ended September 30, 2013 compared to net income of $373,000, or $0.04 basic and diluted earnings per share, for the nine months ended September 30, 2012.
SI Financial Group, Inc. Announces Completion of Acquisition of Newport Bancorp, Inc.
GlobeNewswire - Fri Sep 06, 3:02PM CDT
SI Financial Group, Inc. (Nasdaq:SIFI), the holding company for Savings Institute Bank and Trust Company, today announced the completion of its acquisition of Newport Bancorp, Inc., the holding company for Newport Federal Savings Bank. As a result of the merger, Newport Bancorp was merged with and into SI Financial, with SI Financial as the surviving entity, and Newport Federal Savings Bank was merged with and into Savings Institute Bank and Trust Company, with Savings Institute Bank and Trust Company as the surviving entity.
SI Financial Group, Inc. Announces Results of Election for Newport Bancorp, Inc. Merger Consideration
GlobeNewswire - Fri Aug 30, 3:02PM CDT
SI Financial Group, Inc. (Nasdaq:SIFI), the holding company for Savings Institute Bank and Trust Company, announced today the results of elections made by shareholders of Newport Bancorp, Inc. (Nasdaq:NFSB) as to the form of consideration, and allocation of merger consideration, to be received in exchange for their shares of Newport Bancorp common stock resulting from the merger of Newport Bancorp with and into SI Financial.
SI Financial announces receipt of approvals for acquisition of Newport Bancorp Inc
M2 - Thu Aug 22, 4:51AM CDT
SI Financial Group Inc (Nasdaq:SIFI), holding company of Savings Institute Bank and Trust Company, received all required regulatory and shareholder approvals to close its acquisition of Newport Bancorp Inc, it disclosed on Wednesday.
SI Financial Group, Inc. Announces Stockholder and Regulatory Approvals of Merger
Business Wire - Wed Aug 21, 4:05PM CDT
SI Financial Group, Inc. (Nasdaq: SIFI), the holding company for Savings Institute Bank and Trust Company, announced today that it has received all necessary regulatory and shareholder approvals to complete its previously announced acquisition of Newport Bancorp, Inc. The transaction is expected to close on September 6, 2013, subject to the satisfaction of customary closing conditions.
SI Financial Group, Inc. Reports Results for the Three and Six Months Ended June 30, 2013
GlobeNewswire - Wed Jul 31, 3:02PM CDT
SI Financial Group, Inc. (the "Company") (Nasdaq:SIFI), the holding company of Savings Institute Bank and Trust Company (the "Bank"), reported a net loss of $60,000, or $0.01 basic and diluted loss per share, for the quarter ended June 30, 2013 versus net income of $670,000, or $0.07 basic and diluted earnings per share, for the quarter ended June 30, 2012. The Company reported a net loss of $137,000, or $0.01 basic and diluted loss per share, for the six months ended June 30, 2013 compared to net income of $1.1 million, or $0.11 basic and diluted earnings per share, for the six months ended June 30, 2012.
SI Financial Group, Inc. Reports Results for the Quarter Ended March 31, 2013
GlobeNewswire - Wed Apr 24, 3:02PM CDT
SI Financial Group, Inc. (the "Company") (Nasdaq:SIFI), the holding company of Savings Institute Bank and Trust Company (the "Bank"), reported a net loss of $77,000, or $0.01 basic and diluted loss per share, for the quarter ended March 31, 2013 versus net income of $403,000, or $0.04 basic and diluted earnings per share, for the quarter ended March 31, 2012.
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Newport Bancorp, Inc. in Connection with the Sale of the Company to SI Financial Group, Inc.
PR Newswire - Fri Mar 08, 11:51AM CST
Levi & Korsinsky is investigating the Board of Directors of Newport Bancorp, Inc. ("Newport" or the "Company") (NasdaqGM: NFSB) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to SI Financial Group, Inc. ("SIFI") (NasdaqGM: SIFI).
Rigrodsky & Long, P.A. Announces Investigation Of Newport Bancorp, Inc. Buyout
PR Newswire - Thu Mar 07, 12:18PM CST
Rigrodsky & Long, P.A.:
SI Financial Buying Newport Bancorp
Rich Smith, The Motley Fool - Motley Fool - Wed Mar 06, 3:54PM CST
It's been a little over a month since Newport Bancorp issued its Q4 2012 earnings report, showing that the company grew profits ($0.14 per share), but lost assets (which shrank by 1%). Now, it appears that this is the last report the tiny...
SI Financial Group, Inc. to Acquire Newport Bancorp, Inc.
GlobeNewswire - Tue Mar 05, 3:15PM CST
SI Financial Group, Inc. (Nasdaq:SIFI), the holding company for Savings Institute Bank and Trust Company, and Newport Bancorp, Inc. (Nasdaq:NFSB), the holding company for Newport Federal Savings Bank, today announced the execution of a definitive merger agreement pursuant to which SI Financial Group will acquire Newport Bancorp. The acquisition will add to SI Financial Group approximately $449.4 million in assets, $355.0 million in loans and $289.7 million in deposits before acquisition accounting adjustments. The transaction will expand SI Financial Group's presence into Newport and Washington Counties in Rhode Island, where Newport Federal Savings Bank operates five full-service banking offices, and will add one branch in Stonington, Connecticut.
