SBBX News Alert Sussex Bancorp (SBBX) 10.35 02/14/2015 09:57

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Sussex Bancorp (SBBX) 10.35 $SBBX

Sussex Bancorp declares $0.04 dividend
Seeking Alpha - at Seeking Alpha - Mon Feb 02, 2:54PM CST

SBBX: 10.35 (-0.05)

Sussex Bancorp Reports a 54% Increase in EPS Driven by Commercial Loan Growth and Improved Credit Quality for Fiscal 2014 and Declares Quarterly Cash Dividend
GlobeNewswire - Mon Feb 02, 2:48PM CST
Sussex Bancorp (the "Company" (Nasdaq:SBBX), the holding company for Sussex Bank (the "Bank" , today announced a 54.1% increase in net income per diluted common share for the year ended December 31, 2014 as compared to the same period last year. The improvement for 2014 was driven by strong growth in the commercial loan portfolio, which increased $76.1 million, or 26.9%, and a 49.3% decline in credit quality costs (provision for loan losses, loan collection costs and expenses and write-downs related to foreclosed real estate) as a result of improved credit quality as non-performing assets ("NPAs" (excluding performing troubled debt restructured loans) fell to 1.75% of total assets at December 31, 2014 from 2.80% at December 31, 2013.
SBB: 51.33 (-0.76), SBBX: 10.35 (-0.05)

Nasdaq stocks posting largest volume decreases
AP - Thu Nov 13, 5:06PM CST
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
BELFB: 23.44 (+0.60), BELFA: 19.90 (-0.40), SBBX: 10.35 (-0.05), PHII: 36.38 (-0.01), CHMG: 27.00 (unch), AMIC: 10.75 (-0.10), NECB: 6.96 (unch), PHIIK: 34.30 (-0.44), CVCY: 11.47 (+0.21), MNRK: 12.77 (+0.11), ANCB: 22.14 (+0.53), TORM: 7.21 (unch), STRZB: 30.37 (+1.95), STRZA: 31.75 (-0.25)

Sussex Bancorp Declares Quarterly Cash Dividend and Announces Third Quarter Results for 2014
GlobeNewswire - Wed Oct 29, 4:30PM CDT
Sussex Bancorp (the "Company" (Nasdaq:SBBX), the holding company for Sussex Bank (the "Bank" today announced reported net income of $592 thousand, or $0.13 per basic and diluted share, for the quarter ended September 30, 2014, as compared to a net income of $575 thousand, or $0.14 per basic and diluted share, for the same period last year. For the nine months ended September 30, 2014, the Company reported net income of $1.9 million, or $0.41 per basic and diluted share, as compared to net income of $807 thousand, or $0.23 per basic and diluted share, for the same period last year. Net income benefited from strong growth in the commercial loan portfolio, which increased $50.9 million or 18.0% at September 30, 2014 as compared to December 31, 2013, and declines of $2.1 million, or 54.0% in credit quality costs (provision for loan losses, loan collection costs and expenses and write-downs related to foreclosed real estate) for the nine months ended September 30, 2014, as compared to the same period in the prior year. During the third quarter of 2014, the Company resolved its largest non-performing loan, which contributed to the improvement in non-performing assets to total assets to 2.2% at September 30, 2014 from 3.1% from December 31, 2013. The Company also converted to a new core processing system and realized de-conversion and other costs related to the technology upgrade during the third quarter of 2014.
SBB: 51.33 (-0.76), SBBX: 10.35 (-0.05)

Sussex Bancorp Issues Correction to Second Quarter Results for 2014
GlobeNewswire - Fri Aug 08, 12:43PM CDT
Sussex Bancorp (the "Company" (Nasdaq:SBBX), the holding company for Sussex Bank (the "Bank" today issued a correction to its previously released second quarter earnings announcement, which corrects errors contained in its net interest income disclosure. For completeness, the Company has included all previously announced financial performance and financial condition disclosure and related tables with this press release.
SBB: 51.33 (-0.76), SBBX: 10.35 (-0.05)

Sussex Bancorp Declares Quarterly Cash Dividend and Announces Second Quarter Results for 2014
GlobeNewswire - Thu Jul 31, 5:24PM CDT
Sussex Bancorp (the "Company" (Nasdaq:SBBX), the holding company for Sussex Bank (the "Bank" today announced reported net income of $607 thousand, or $0.13 per basic and diluted share, for the quarter ended June 30, 2014, as compared to a net income of $134 thousand, or $0.04 per basic and diluted share, for the same period last year. For the six months ended June 30, 2014, the Company reported net income of $1.3 million, or $0.28 per basic and diluted share, as compared to net income of $232 thousand, or $0.07 per basic and diluted share, for the same period last year.
SBB: 51.33 (-0.76), SBBX: 10.35 (-0.05)




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