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Latest Summit State Bank (SSBI) Headlines

Peregrine Announces Ch-6 Independent Diamond Valuation Results
Marketwire - Wed Feb 26, 7:11AM CST
Peregrine Diamonds Ltd. ("Peregrine" or "the Company") (TSX: PGD) is pleased to announce the results of an independent diamond valuation for a 1,013.5 carat parcel of commercial-size diamonds recovered from the CH-6 kimberlite pipe. The average price was US$213 per carat and the entire parcel was valued at US$215,605. The modelled price ranged from a minimum of US$162 per carat to a high of US$236 per carat with a base case modelled price of US$188 per carat. The grade of the 404.2 tonne bulk sample that yielded the 1,013.5 carat parcel was 2.58 carats per tonne ("CPT") for diamonds larger than the 1.18 mm square mesh sieve size. Within the parcel, the four largest diamonds weighing 8.87, 5.83, 4.62 and 4.11 carats had per carat market values of US$4,076, US$3,455, US$2,900 and US$2,633 respectively. The CH-6 kimberlite is located on Peregrine's 100 percent-owned Chidliak diamond project ("Chidliak" or "the Project"), on Baffin Island, 120 kilometers from Iqaluit, the capital of Nunavut, Canada.

Balanced Risk-Reward for PNC Financial - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 20, 4:40PM CST
On Feb 18, 2014, we issued an updated research report on The PNC Financial Services Group. Inc.

BofI Holding Touches 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 19, 12:20PM CST
Shares of BofI Holding achieved a new 52-week high, reaching $87.36 in the second half of the trading session on Feb 18. Notably, the stock closed the session at $86.80, which reflects a solid year-to-date return of 14.3%.

Preferred Bank Crafts New 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 18, 2:56PM CST
Shares of Preferred Bank hit a 52-week high, touching $23.18 in the second half of the trading session on Feb 14.

Zions Disposes Risky CDOs - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 13, 8:20AM CST
In compliance with the final version of the Volcker Rule, Zions Bancorporation recently completed the divesture of certain collateralized debt obligation securities (CDOs).

Summit State Bank Reports a 25% Increase in Earnings for 2013 and Declaration of Dividend
GlobeNewswire - Mon Jan 27, 6:00PM CST
Summit State Bank (Nasdaq:SSBI) today reported net income for the year ended December 31, 2013 of $4,321,000, a 25% increase over 2012. Earnings per share increased to $0.85 in 2013 from $0.62 in 2012.

Summit State Bank Reports 15% Increase in Profitability and Declaration of Dividend
GlobeNewswire - Thu Oct 31, 5:30PM CDT
Summit State Bank (Nasdaq:SSBI) today reported net income for the quarter ended September 30, 2013 of $1,121,000 and earnings per share of $0.23, an increase of 15% in net income and 21% in earnings per share over the quarter ended September 30, 2012. The regular quarterly dividend of $0.11 per share was declared for common shareholders.

Summit State Bank Announces Election of Directors
GlobeNewswire - Tue Jul 30, 6:00PM CDT
Summit State Bank (Nasdaq:SSBI) today announced the election of directors. The following were elected directors: Jeffrey B. Allen, James E. Baxter II, James E. Brush, Josh C. Cox, Jr., John F. DeMeo, Michael J. Donovan, Richard A. Dorr, Thomas M. Duryea, Todd R. Fry, Allan J. Hemphill, Samuel G. Kapourales, Ronald A. Metcalfe, Richard E. Pope, Nicholas J. Rado, Marshall T. Reynolds, and Eugene W. Traverso. Allan Hemphill has been elected as the Chairman of the Board.

Summit State Bank Reports 64% Increase in Profitability and Dividend Increase
GlobeNewswire - Mon Apr 29, 7:14PM CDT
Summit State Bank (Nasdaq:SSBI) today reported net income for the quarter ended March 31, 2013 of $1,002,000, a 64% increase over the quarter ended March 31, 2012. A quarterly dividend of $0.11 per share was declared for common shareholders.

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