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"
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