First Bncp Ind (FBPI) 14.2500 $FBPI
First Bancorp of Indiana, Inc. Announces Financial Results
Marketwire - Fri Jul 25, 3:29PM CDT
First Bancorp of Indiana, Inc., (OTCBB: FBPI), the holding company for First Federal Savings Bank, reported earnings of $387,000 for the for the quarter ended June 30, 2014, compared to net income of $353,000 in the same quarter last year. Despite a slowdown in residential mortgage activity, particularly the refinancing of existing loans, net loans grew $20.4 million, or 9.5%, during the intervening 12 months contributing to a 6.3% improvement in net interest income for the comparative quarters. Steadily improving loan credit quality were reflected in lower quarterly loan loss provisions and noninterest expenses. Conversely, gains from sales of newly originated mortgage loans were down $217,000 between the quarters.
First Bancorp of Indiana, Inc. Announces Quarterly Cash Dividend
Marketwire - Thu May 22, 3:30PM CDT
The Board of Directors of First Bancorp of Indiana, Inc. (OTCBB: FBPI) has declared a quarterly cash dividend of $0.155 per share, payable to stockholders of record as of June 2, 2014. The dividend will be paid on or about June 13, 2014. The annual dividend rate on this quarterly declaration is unchanged from the preceding quarter and results in an annualized dividend yield of 4.6% based on the $13.60 share price for the last reported trade as of May 21, 2014.
First Bancorp of Indiana, Inc. Announces Financial Results
Marketwire - Fri Jul 25, 3:29PM CDT
First Bancorp of Indiana, Inc., (OTCBB: FBPI), the holding company for First Federal Savings Bank, reported earnings of $387,000 for the for the quarter ended June 30, 2014, compared to net income of $353,000 in the same quarter last year. Despite a slowdown in residential mortgage activity, particularly the refinancing of existing loans, net loans grew $20.4 million, or 9.5%, during the intervening 12 months contributing to a 6.3% improvement in net interest income for the comparative quarters. Steadily improving loan credit quality were reflected in lower quarterly loan loss provisions and noninterest expenses. Conversely, gains from sales of newly originated mortgage loans were down $217,000 between the quarters.
First Bancorp of Indiana, Inc. Announces Quarterly Cash Dividend
Marketwire - Thu May 22, 3:30PM CDT
The Board of Directors of First Bancorp of Indiana, Inc. (OTCBB: FBPI) has declared a quarterly cash dividend of $0.155 per share, payable to stockholders of record as of June 2, 2014. The dividend will be paid on or about June 13, 2014. The annual dividend rate on this quarterly declaration is unchanged from the preceding quarter and results in an annualized dividend yield of 4.6% based on the $13.60 share price for the last reported trade as of May 21, 2014.
