Blackhawk Bancorp Inc (BHWB) 13.0000 $BHWB
Blackhawk Bancorp Redeems TARP Shares
Business Wire - Mon Apr 28, 3:34PM CDT
Blackhawk Bancorp, Inc. (OTCBB: BHWB) announced that it has redeemed all 10,000 shares of its Fixed Rate Cumulative Perpetual Preferred Stock, Series B and all 500 shares of its Fixed rate Cumulative Perpetual Preferred Stock, Series C (collectively referred to as "TARP Preferred"
. The securities, which were initially issued to the U.S. Treasury under the Troubled Asset Relief Program ("TARP" Capital Purchase Program, were redeemed at the stated liquidation value of $1,000 per share, or $10.5 million, plus accrued dividends on April 25, 2014.
Blackhawk Bancorp announces dividend of USD0.02 per share
M2 - Tue Apr 22, 5:46AM CDT
Blackhawk Bancorp Inc(OTCBB:BHWB), the parent company of Blackhawk Bank, reported on Monday that its board of directors authorised a common stock cash dividend of USD0.02 per share.
Blackhawk Bancorp, Inc. Declares Common Stock Dividend
Business Wire - Mon Apr 21, 1:08PM CDT
Blackhawk Bancorp, Inc. (OTCBB: BHWB) reports that its Board of Directors has declared a cash dividend on the Company's common stock. Shareholders of record on May 16, 2014 will be paid a dividend of $0.02 per share on May 30, 2014. This amounts to $0.08 per share on an annualized basis. This is the first common stock dividend declared by the company since the third quarter of 2009.
Blackhawk Bancorp Announces First Quarter 2014 Results
Business Wire - Thu Apr 17, 1:57PM CDT
Blackhawk Bancorp, Inc. (OTCBB: BHWB) reports that net income for the first quarter of 2014 increased 20% to $700,000 compared to $583,000 earned in the first quarter of 2013. Earnings per diluted share for the quarter increased $0.05 to $0.24 compared to $0.19 the first quarter last year. The company's total assets increased 4% to $604.2 million as of March 31, 2014 compared to $583.4 million at the end of 2013.
Blackhawk Bancorp Announces Record Earnings for 2013
Business Wire - Wed Feb 05, 3:32PM CST
Blackhawk Bancorp, Inc. (OTCBB: BHWB) reports net income of $1,840,000 for the fourth quarter of 2013, a 136% increase compared to $781,000 earned in the fourth quarter of 2012. For the year ended December 31, 2013 the company's net income was $3,915,000, a 34% increase compared to $2,912,000 earned in 2012.
Blackhawk Bancorp Appoints Executives to New Posts
Business Wire - Fri Jan 10, 9:13AM CST
Blackhawk Bancorp, Inc. announced that R. Richard Bastian, President and Chief Executive Officer, has been given additional responsibilities as the Chairman of the Board of both the Company and its subsidiary, Blackhawk Bank. David Adkins, Executive Vice President, has been promoted to Chief Operating Officer. Todd James remains Executive Vice President and Chief Financial Officer. Bastian, Adkins and James will be the executive officers of Blackhawk Bancorp.
Blackhawk Bancorp Announces Second Quarter 2013 Results
Business Wire - Fri Jul 26, 9:30AM CDT
Blackhawk Bancorp, Inc. (OTCBB: BHWB) reports net income $513,000 for the second quarter of 2013, a 31% drop compared to $745,000 earned in the second quarter of 2012. For the six months of 2013 the company's net income was $1,096,000, a 23% decrease compared to $1,423,000 earned the first six months of 2012.
Blackhawk Bancorp Announces Private Placement of Subordinated Notes
PR Newswire - Mon Apr 01, 3:00PM CDT
Blackhawk Bancorp, Inc. (OTCBB: BHWB) today announced that it has successfully raised $6.1 million of subordinated debt. The notes were offered pursuant to a Private Placement Memorandum and sold only to certain "accredited investors" as defined by Rule 501 under the Securities Act of 1933, as amended. The offering was fully subscribed with the proceeds being used to extinguish the company's senior debt. "The notes were structured to qualify as tier 2 capital under federal regulatory capital guidelines," said Todd James, the company's chief financial officer. "This transaction is part of our continuing effort to strengthen the company's capital position without diluting our current shareholders," he added.
Blackhawk Bancorp Announces Fourth Quarter and Annual 2012 Results
PR Newswire - Fri Feb 08, 3:00PM CST
Blackhawk Bancorp, Inc. (OTCBB: BHWB) today reported net income of $781,000 for the quarter ended December 31, 2012, a 7% increase compared to the $731,000 earned in the fourth quarter of 2011. For the year ended December 31, 2012 Blackhawk reported net income of $2,912,000, a 20% increase compared to $2,426,000 earned in 2011. Strong growth in noninterest income, led by mortgage banking revenue, more than offset an increase in the provision for loan losses for the year.
Blackhawk Bancorp Redeems TARP Shares
Business Wire - Mon Apr 28, 3:34PM CDT
Blackhawk Bancorp, Inc. (OTCBB: BHWB) announced that it has redeemed all 10,000 shares of its Fixed Rate Cumulative Perpetual Preferred Stock, Series B and all 500 shares of its Fixed rate Cumulative Perpetual Preferred Stock, Series C (collectively referred to as "TARP Preferred"
. The securities, which were initially issued to the U.S. Treasury under the Troubled Asset Relief Program ("TARP" Capital Purchase Program, were redeemed at the stated liquidation value of $1,000 per share, or $10.5 million, plus accrued dividends on April 25, 2014. Blackhawk Bancorp announces dividend of USD0.02 per share
M2 - Tue Apr 22, 5:46AM CDT
Blackhawk Bancorp Inc(OTCBB:BHWB), the parent company of Blackhawk Bank, reported on Monday that its board of directors authorised a common stock cash dividend of USD0.02 per share.
Blackhawk Bancorp, Inc. Declares Common Stock Dividend
Business Wire - Mon Apr 21, 1:08PM CDT
Blackhawk Bancorp, Inc. (OTCBB: BHWB) reports that its Board of Directors has declared a cash dividend on the Company's common stock. Shareholders of record on May 16, 2014 will be paid a dividend of $0.02 per share on May 30, 2014. This amounts to $0.08 per share on an annualized basis. This is the first common stock dividend declared by the company since the third quarter of 2009.
Blackhawk Bancorp Announces First Quarter 2014 Results
Business Wire - Thu Apr 17, 1:57PM CDT
Blackhawk Bancorp, Inc. (OTCBB: BHWB) reports that net income for the first quarter of 2014 increased 20% to $700,000 compared to $583,000 earned in the first quarter of 2013. Earnings per diluted share for the quarter increased $0.05 to $0.24 compared to $0.19 the first quarter last year. The company's total assets increased 4% to $604.2 million as of March 31, 2014 compared to $583.4 million at the end of 2013.
Blackhawk Bancorp Announces Record Earnings for 2013
Business Wire - Wed Feb 05, 3:32PM CST
Blackhawk Bancorp, Inc. (OTCBB: BHWB) reports net income of $1,840,000 for the fourth quarter of 2013, a 136% increase compared to $781,000 earned in the fourth quarter of 2012. For the year ended December 31, 2013 the company's net income was $3,915,000, a 34% increase compared to $2,912,000 earned in 2012.
Blackhawk Bancorp Appoints Executives to New Posts
Business Wire - Fri Jan 10, 9:13AM CST
Blackhawk Bancorp, Inc. announced that R. Richard Bastian, President and Chief Executive Officer, has been given additional responsibilities as the Chairman of the Board of both the Company and its subsidiary, Blackhawk Bank. David Adkins, Executive Vice President, has been promoted to Chief Operating Officer. Todd James remains Executive Vice President and Chief Financial Officer. Bastian, Adkins and James will be the executive officers of Blackhawk Bancorp.
Blackhawk Bancorp Announces Second Quarter 2013 Results
Business Wire - Fri Jul 26, 9:30AM CDT
Blackhawk Bancorp, Inc. (OTCBB: BHWB) reports net income $513,000 for the second quarter of 2013, a 31% drop compared to $745,000 earned in the second quarter of 2012. For the six months of 2013 the company's net income was $1,096,000, a 23% decrease compared to $1,423,000 earned the first six months of 2012.
Blackhawk Bancorp Announces Private Placement of Subordinated Notes
PR Newswire - Mon Apr 01, 3:00PM CDT
Blackhawk Bancorp, Inc. (OTCBB: BHWB) today announced that it has successfully raised $6.1 million of subordinated debt. The notes were offered pursuant to a Private Placement Memorandum and sold only to certain "accredited investors" as defined by Rule 501 under the Securities Act of 1933, as amended. The offering was fully subscribed with the proceeds being used to extinguish the company's senior debt. "The notes were structured to qualify as tier 2 capital under federal regulatory capital guidelines," said Todd James, the company's chief financial officer. "This transaction is part of our continuing effort to strengthen the company's capital position without diluting our current shareholders," he added.
Blackhawk Bancorp Announces Fourth Quarter and Annual 2012 Results
PR Newswire - Fri Feb 08, 3:00PM CST
Blackhawk Bancorp, Inc. (OTCBB: BHWB) today reported net income of $781,000 for the quarter ended December 31, 2012, a 7% increase compared to the $731,000 earned in the fourth quarter of 2011. For the year ended December 31, 2012 Blackhawk reported net income of $2,912,000, a 20% increase compared to $2,426,000 earned in 2011. Strong growth in noninterest income, led by mortgage banking revenue, more than offset an increase in the provision for loan losses for the year.
