VSB Bancorp, Inc. Second Quarter 2014 Results of Operations
Marketwire - Wed Jul 09, 8:30AM CDT
VSB Bancorp, Inc. (OTCQB: VSBN) reported net income of $296,535 for the second quarter of 2014, an increase of $73,466, or 32.9%, from the second quarter of 2013. The following unaudited figures were released today. Pre-tax income was $546,643 in the second quarter of 2014, compared to $411,241 for the second quarter of 2013. Net income for the quarter was $296,535, or basic income of $0.17 per common share, compared to a net income of $223,069, or $0.13 basic income per common share, for the quarter ended June 30, 2013. Return on average assets increased from 0.26% in the second quarter of 2013 to 0.41% in the second quarter of 2014, while return on average equity increased from 2.64% to 4.21%.
VSB Bancorp, Inc. Announces Cash Dividend
Marketwire - Tue Jun 10, 3:15PM CDT
VSB Bancorp, Inc. (OTCQB: VSBN), the holding company for Victory State Bank, announced today that its Board of Directors has declared a quarterly cash dividend of $0.06 per share payable on July 1, 2014 to stockholders of record on June 20, 2014. Joseph J. LiBassi, Chairman of the Board of Directors, stated, "We are pleased to announce our twenty-seventh consecutive cash dividend. By deploying our excess cash into investments, we have been able to stabilize our net interest margin. We continue to build relationships by delivering our superior brand of customer service."
VSB Bancorp, Inc. Fourth Quarter and Year End 2013 Results of Operations
Marketwire - Wed Jan 15, 8:30AM CST
VSB Bancorp, Inc. (OTCQB: VSBN) reported net income of $277,293 for the fourth quarter of 2013, an increase of $100,038, or 56.4%, from the fourth quarter of 2012. The following unaudited figures were released today. Pre-tax income was $511,099 in the fourth quarter of 2013, compared to $326,770 for the fourth quarter of 2012. Net income for the quarter was $277,293, or basic income of $0.16 per common share, compared to a net income of $177,255, or $0.10 basic income per common share, for the quarter ended December 31, 2012.
Nasdaq stocks posting largest volume increases
AP - Tue Aug 20, 5:15PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
VSB Bancorp, Inc. First Quarter 2013 Results of Operations
Marketwire - Wed Apr 10, 3:15PM CDT
VSB Bancorp, Inc. (NASDAQ: VSBN) reported net income of $209,871 for the first quarter of 2013, a decrease of $71,757, or 25.5%, from the first quarter of 2012. The following unaudited figures were released today. Pre-tax income was $386,873 in the first quarter of 2013, compared to $519,161 for the first quarter of 2012. Net income for the quarter was $209,871, or basic income of $0.12 per common share, compared to a net income of $281,628, or $0.16 basic income per common share, for the quarter ended March 31, 2012.
VSB Bancorp, Inc. Fourth Quarter 2012 Results of Operations
Marketwire - Wed Jan 09, 3:15PM CST
VSB Bancorp, Inc. (NASDAQ: VSBN) reported net income of $177,255 for the fourth quarter of 2012, an increase of $14,587, or 9.0%, from the fourth quarter of 2011. The following unaudited figures were released today. Pre-tax income was $326,770 in the fourth quarter of 2012, compared to $265,668 for the fourth quarter of 2011. Net income for the quarter was $177,255, or basic income of $0.10 per common share, compared to a net income of $162,668, or $0.09 basic income per common share, for the quarter ended December 31, 2011.
Nasdaq stocks posting largest percentage decreases
AP - Thu Dec 27, 12:37PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at 1 p.m.: