FDNB Stock UPDATES Foundation Bancorp (FDNB) 8.2500 10/23/2014

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Oct 23, 2014 at 6:05 AM

Foundation Bancorp (FDNB) 8.2500 $FDNB

Foundation Bancorp Earns $304,000, or $0.09 per Diluted Share, in Third Quarter 2014, Non-Interest Bearing Demand Deposits Increase 10%, Core Deposits Represent 96% of Total Deposits
GlobeNewswire - Tue Oct 21, 3:00PM CDT
Foundation Bancorp, Inc. (OTCQB:FDNB), the holding company for Foundation Bank, today reported that it earned $304,000, or $0.09 per diluted share in the third quarter of 2014, compared to $363,000, or $0.10 per diluted share in the third quarter of 2013. In the first nine months of 2014, Foundation earned $1.2 million, or $0.34 per diluted share compared to $1.9 million, or $0.53 per diluted share in the first nine months of 2013. Earnings in the third quarter and first nine months of 2014 included a provision for income taxes which was not required previously and reduced net earnings.

Jocelyn Lane Joins Foundation Bank as Executive Vice President/Market President
GlobeNewswire - Wed Sep 24, 8:00AM CDT
Foundation Bancorp, Inc. (OTCBB:FDNB), the holding company for Foundation Bank, today announced that Jocelyn Lane is now Executive Vice President and Market President, where she will lead marketing and sales for all commercial and private banking efforts. Lane will be directly responsible for developing and implementing a business strategy that emphasizes full relationship business development; recruiting and managing the sales and business team; and ongoing portfolio management of a diverse portfolio of Commercial & Industrial, Commercial Real Estate, SBA and other types of loans.

Foundation Bancorp Earns $351,000, or $0.10 per Diluted Share, in Second Quarter 2014, Results Highlighted by Strong Core Deposit Growth
GlobeNewswire - Fri Jul 25, 8:00AM CDT
Foundation Bancorp, Inc. (OTCBB:FDNB), the holding company for Foundation Bank, today reported that it earned $351,000, or $0.10 per diluted share, in the second quarter of 2014 compared to $522,000, or $0.15 per diluted share in the second quarter of 2013. In the first six months of 2014, Foundation earned $888,000, or $0.25 per diluted share, compared to $1.5 million, or $0.43 per diluted share, in the first six months of 2013. Earnings in the second quarter and first six months of 2014 included a provision for income taxes which was not required previously and reduced net earnings.

Foundation Bancorp Announces Lifting of Consent Order
GlobeNewswire - Tue Feb 25, 9:25AM CST
Foundation Bancorp, Inc. (OTCQB:FDNB), the holding company for Foundation Bank, today reported the FDIC and the Washington State Department of Financial Institutions have notified Foundation Bank that they have lifted the Consent Order ("Order"

, which was issued on September 2, 2010, for the Bank. The notice stated that the Order is hereby rescinded and no further reporting is necessary.
FISI: 23.69 (-0.51)

Foundation Bancorp Earns $5.2 Million, or $1.48 Per Diluted Share, in Fourth Quarter 2013, Improved Credit Quality Leads to a Recovery of the Deferred Tax Asset
GlobeNewswire - Thu Feb 06, 6:10PM CST
Foundation Bancorp, Inc. (OTCBB:FDNB), the holding company for Foundation Bank, today reported that it earned $5.2 million, or $1.48 per diluted share, in the fourth quarter of 2013, compared to $551,000, or $0.16 per diluted share, in the fourth quarter a year ago. For the full year, Foundation's earnings increased substantially to $7.1 million, or $2.02 per diluted share, compared to $2.2 million, or $0.62 per diluted share, in 2012. Foundation's results for the quarter ending December 31, 2013 include a $5.6 million tax benefit as a result of the reversal of its deferred tax asset valuation allowance, which was partially offset by a $1.0 million provision for loan losses. This compares to a $700,000 provision for loan losses in the preceding quarter and no provision in the fourth quarter a year ago.

Foundation Bancorp Earns $521,000 in Second Quarter Highlighted by Improved Credit Quality and Operating Efficiencies
GlobeNewswire - Mon Aug 05, 6:22PM CDT
Foundation Bancorp, Inc. (OTCBB:FDNB), the holding company for Foundation Bank, today reported it earned $521,000, or $0.15 per diluted share, in the second quarter of 2013, compared to $581,000, or $0.17 per diluted share, in the second quarter a year ago. In the first six months of the year, Foundation's earnings increased 62.6% to $1.5 million, or $0.43 per diluted share, compared to $935,000, or $0.27 per diluted share, in the like period a year ago.

Foundation Bancorp Earns Record $998,000 in First Quarter; Highlighted by Improved Operating Efficiencies
GlobeNewswire - Fri Apr 26, 2:27PM CDT
Foundation Bancorp, Inc. (OTCBB:FDNB), the holding company for Foundation Bank, today reported its earnings increased 182% to a record $998,000, or $0.28 per diluted share, in the first quarter of 2013 compared to $354,000, or $0.10 per diluted share, in the first quarter a year ago.

Foundation Bancorp Earns $551,000 in Fourth Quarter and $2.2 Million in 2012; Highlighted by Continued Credit Quality Improvements
GlobeNewswire - Fri Feb 08, 10:36AM CST
Foundation Bancorp, Inc. (OTCBB:FDNB), the holding company for Foundation Bank, today reported it earned $551,000, or $0.16 per diluted share, in the fourth quarter of 2012 compared to a net loss of $3.0 million, or ($0.89) per diluted share, in the fourth quarter a year ago. For all of 2012, Foundation Bancorp earned $2.2 million, or $0.62 per diluted share, compared to a net loss of $5.0 million, or ($1.48) per diluted share, in 2011.

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