Carolina Allnc Bk SC (CRLN) 10.4000 $CRLN
Carolina Alliance Reports Its Third Quarter Results
GlobeNewswire - Wed Dec 03, 7:10AM CST
Carolina Alliance Bank (OTCBB:CRLN) and (OTCQB:CRLN) today reported to its shareholders its third quarter 2014 financial results. Net income available to common shareholders of $5.6 million, or $1.43 per diluted common share, was reported for the nine months ended September 30, 2014, compared to net income available to common shareholders of $0.7 million, or $0.26 per diluted common share, for the nine months ended September 30, 2013. This $4.9 million increase in earnings was largely attributable to the impact of merger-related accounting, particularly the non-operating net bargain purchase gain of $4.3 million related to mark-to-market adjustments to the Forest Commercial Bank ("Forest Commercial"
balance sheet as of the merger date of April 5, 2014. Partially offsetting this gain were expenses of approximately $0.6 million, which include merger costs and start-up costs associated with the bank's recently opened branches in Seneca and Anderson, South Carolina.
Carolina Alliance Announces 10% Stock Dividend and Reports its Second Quarter Results
Business Wire - Mon Sep 08, 6:35AM CDT
Carolina Alliance Bank (OTCBB: CRLN and OTCQB: CRLN) today announced that its Board of Directors has declared a 10% stock dividend. The stock dividend will be payable October 7, 2014 to shareholders of record as of September 22, 2014. Holders of Carolina Alliance common stock as of the record date will receive one additional share for every ten shares held on the record date. Cash will be issued in lieu of fractional shares.
Carolina Alliance Bank Acquires the Operations of Dave McBride Leasing
Business Wire - Mon Aug 04, 7:59AM CDT
Carolina Alliance Bank (the "Bank" (OTCBB: CRLN)(OTCQB: CRLN) announced today that it has acquired the commercial leasing operations of Dave McBride Leasing, LLC ("DML" . Concurrent with the signing of the purchase agreement, Dave McBride signed an agreement to manage the Bank's South Carolina leasing operations. The acquisition is a significant addition to the Bank's existing commercial leasing line of business, which heretofore has been concentrated geographically in North Carolina.
Carolina Alliance Reports Its Third Quarter Results
GlobeNewswire - Wed Dec 03, 7:10AM CST
Carolina Alliance Bank (OTCBB:CRLN) and (OTCQB:CRLN) today reported to its shareholders its third quarter 2014 financial results. Net income available to common shareholders of $5.6 million, or $1.43 per diluted common share, was reported for the nine months ended September 30, 2014, compared to net income available to common shareholders of $0.7 million, or $0.26 per diluted common share, for the nine months ended September 30, 2013. This $4.9 million increase in earnings was largely attributable to the impact of merger-related accounting, particularly the non-operating net bargain purchase gain of $4.3 million related to mark-to-market adjustments to the Forest Commercial Bank ("Forest Commercial"
balance sheet as of the merger date of April 5, 2014. Partially offsetting this gain were expenses of approximately $0.6 million, which include merger costs and start-up costs associated with the bank's recently opened branches in Seneca and Anderson, South Carolina. Carolina Alliance Announces 10% Stock Dividend and Reports its Second Quarter Results
Business Wire - Mon Sep 08, 6:35AM CDT
Carolina Alliance Bank (OTCBB: CRLN and OTCQB: CRLN) today announced that its Board of Directors has declared a 10% stock dividend. The stock dividend will be payable October 7, 2014 to shareholders of record as of September 22, 2014. Holders of Carolina Alliance common stock as of the record date will receive one additional share for every ten shares held on the record date. Cash will be issued in lieu of fractional shares.
Carolina Alliance Bank Acquires the Operations of Dave McBride Leasing
Business Wire - Mon Aug 04, 7:59AM CDT
Carolina Alliance Bank (the "Bank"
(OTCBB: CRLN)(OTCQB: CRLN) announced today that it has acquired the commercial leasing operations of Dave McBride Leasing, LLC ("DML" . Concurrent with the signing of the purchase agreement, Dave McBride signed an agreement to manage the Bank's South Carolina leasing operations. The acquisition is a significant addition to the Bank's existing commercial leasing line of business, which heretofore has been concentrated geographically in North Carolina. 
