Highlands State Bknj (HSBK) 6.7500 $HSBK
Highlands Bancorp, Inc. Reports Results for the Quarter and Year Ended December 31, 2014
Business Wire - Fri Jan 30, 11:10AM CST
Highlands Bancorp, Inc. (OTCQB:HSBK) parent company of Highlands State Bank, reported fourth quarter net income of $60,000 in 2014 compared to net income of $563,000 for the same period of 2013. Net income for the fourth quarter of 2014 was negatively impacted by a write off related to a wire transfer fraud totaling $393,000 which resulted in a decrease of $.13 per diluted share. Fourth quarter net income available to common stockholders was $42,000 or $.02 per diluted share in 2014 compared to $545,000 or $.30 per diluted share for the same period in 2013. Net income for the full year 2014 was $680,000 compared to $2,270,000 for the full year 2013. Net income available to common stockholders for the full year 2014 was $611,000 or $.33 per diluted share compared to $2,201,000 or $1.23 per diluted share for the year of 2013. The quarterly and annual results for 2013 were positively impacted by partial reversals of the Company's valuation allowance on deferred tax assets which resulted in tax benefits of $333,000 or $.19 per share for the fourth quarter of 2013 and $1,310,000 or $.73 per share for the full year of 2013. On a pre-tax operating basis, without giving effect to the 2013 valuation reversal or the 2014 wire fraud related charge, pre-tax net income in 2014 increased by $566,000 to $1,526,000 compared to $960,000 in 2013, an increase of 58.9%.
Highlands Bancorp declares $0.01 dividend
Seeking Alpha - at Seeking Alpha - Mon Jan 26, 9:18AM CST
Highlands Bancorp, Inc. Declares Quarterly Dividend
Business Wire - Mon Jan 26, 9:12AM CST
The Board of Directors of Highlands Bancorp, Inc. (OTCQB:HSBK) parent company of Highlands State Bank, announced that it has declared a cash dividend of $0.01 per common share. The dividend is payable on March 2, 2015 to common shareholders of record on February 13, 2015.
Highlands Bancorp announces consolidation of bank's Sparta branches into one location
M2 - Wed Dec 31, 3:00AM CST
Highlands Bancorp Inc (OTCQB:HSBK), the parent company of Highlands State Bank, declared on Wednesday that the bank consolidated two Sparta branch offices into one location in the first quarter of 2015.
Highlands State Bank to Consolidate Sparta Branches
Business Wire - Tue Dec 30, 12:47PM CST
Highlands Bancorp, Inc (OTCQB:HSBK), parent company of Highlands State Bank, announces the consolidation of the Bank's two (2) Sparta branch office locations into one (1) branch in the first quarter of 2015.
Highlands Bancorp, Inc. Reports Improved Results for the Three and Nine Months Ended September 30, 2014
Business Wire - Wed Oct 22, 2:03PM CDT
Highlands Bancorp, Inc. (OTCQB:HSBK) parent company of Highlands State Bank, reported third quarter 2014 net income of $257,000 compared to net income of $620,000 for the same period in 2013. For the nine months ended September 30, 2014 net income was $620,000 compared to net income of $1,707,000 for the same period in 2013. Third quarter and year to date 2014 net income before income taxes increased $102,000 and $304,000 respectively, over the same periods in 2013. Third quarter 2014 net income available to common stockholders was $240,000 or $.13 per diluted common share compared to net income available to common stockholders of $603,000 or $.34 per diluted common share for the same period in 2013. The comparable nine month results reflect net income available to common stockholders for 2014 of $569,000 or $.31 per diluted common share compared to net income available to common stockholders of $1,656,000 or $.93 per diluted common share for 2013. The third quarter and year-to-date 2013 results were positively impacted by partial reversals of the Company's valuation allowance on deferred tax assets of $425,000 and $1,274,000 respectively, which were partially offset by respective period income tax expenses of $131,000, and $297,000, respectively. These resulted in net tax benefits of $294,000 or $.16 per share for the third quarter 2013, and $977,000 or $.55 per share for the nine months ended September 30, 2013.
ADDING and REPLACING Highlands Bancorp, Inc. and Highlands State Bank Announces Retirement of George E. Irwin
Business Wire - Fri Sep 26, 11:28AM CDT
Reissuing release dated September 24, 2014 to add ticker symbol for searching purposes.
Highlands Bancorp, Inc. and Highlands State Bank Announces Retirement of George E. Irwin
Business Wire - Wed Sep 24, 9:36AM CDT
The Boards of Directors of Highlands Bancorp, Inc. and its subsidiary Highlands State Bank announced the retirement of President and CEO, George E. Irwin as of October 3, 2014. Simultaneously Mr. Irwin was elected by the Boards of Directors as Chairman of Highlands Bancorp, Inc. and of Highlands State Bank. In his new role, Mr. Irwin will continue to provide his counsel on governance and strategic issues for the Company and the Bank. Bruce D. Zaretsky will assume the positions of Vice Chairman of the Boards of Directors of both the Company and the Bank.
Highlands Bancorp announces dividend of USD0.01 per share for quarter
M2 - Tue Jul 22, 4:46AM CDT
The board of directors of the parent company of Highlands State Bank, Highlands Bancorp Inc (OTCQB:HSBK) approved a common stock cash dividend of USD0.01 per share, the company reported on Monday.
Highlands Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2014
Business Wire - Mon Jul 21, 10:33AM CDT
Highlands Bancorp, Inc. (OTCQB:HSBK) parent company of Highlands State Bank, reported second quarter 2014 net income of $196,000 compared to net income of $555,000 for the same period in 2013. For the six months ended June 30, 2014 net income was $363,000 compared to a net income of $1,087,000 for the same period in 2013. Second quarter 2014 net income available to common stockholders was $179,000 or $0.10 per basic and diluted common share compared to net income of $538,000 or $0.30 per basic and diluted common share for the same period in 2013. The comparable six month results reflect net income available to common stockholders for 2014 of $329,000 or $0.18 per basic and diluted common share compared to net income of $1,053,000 or $0.59 per basic and diluted common share. The second quarter 2013 and year-to-date 2013 results were positively impacted by partial reversals of the Company's valuation allowance on deferred tax assets of $425,000, or $0.25 per basic and diluted share, and $849,000, or $0.47 per basic and diluted share, respectively, which were partially offset by respective period income tax expenses of $95,000, and $166,000, respectively.
Highlands Bancorp, Inc. Reports Results for the Quarter and Year Ended December 31, 2014
Business Wire - Fri Jan 30, 11:10AM CST
Highlands Bancorp, Inc. (OTCQB:HSBK) parent company of Highlands State Bank, reported fourth quarter net income of $60,000 in 2014 compared to net income of $563,000 for the same period of 2013. Net income for the fourth quarter of 2014 was negatively impacted by a write off related to a wire transfer fraud totaling $393,000 which resulted in a decrease of $.13 per diluted share. Fourth quarter net income available to common stockholders was $42,000 or $.02 per diluted share in 2014 compared to $545,000 or $.30 per diluted share for the same period in 2013. Net income for the full year 2014 was $680,000 compared to $2,270,000 for the full year 2013. Net income available to common stockholders for the full year 2014 was $611,000 or $.33 per diluted share compared to $2,201,000 or $1.23 per diluted share for the year of 2013. The quarterly and annual results for 2013 were positively impacted by partial reversals of the Company's valuation allowance on deferred tax assets which resulted in tax benefits of $333,000 or $.19 per share for the fourth quarter of 2013 and $1,310,000 or $.73 per share for the full year of 2013. On a pre-tax operating basis, without giving effect to the 2013 valuation reversal or the 2014 wire fraud related charge, pre-tax net income in 2014 increased by $566,000 to $1,526,000 compared to $960,000 in 2013, an increase of 58.9%.
Highlands Bancorp declares $0.01 dividend
Seeking Alpha - at Seeking Alpha - Mon Jan 26, 9:18AM CST
Highlands Bancorp, Inc. Declares Quarterly Dividend
Business Wire - Mon Jan 26, 9:12AM CST
The Board of Directors of Highlands Bancorp, Inc. (OTCQB:HSBK) parent company of Highlands State Bank, announced that it has declared a cash dividend of $0.01 per common share. The dividend is payable on March 2, 2015 to common shareholders of record on February 13, 2015.
Highlands Bancorp announces consolidation of bank's Sparta branches into one location
M2 - Wed Dec 31, 3:00AM CST
Highlands Bancorp Inc (OTCQB:HSBK), the parent company of Highlands State Bank, declared on Wednesday that the bank consolidated two Sparta branch offices into one location in the first quarter of 2015.
Highlands State Bank to Consolidate Sparta Branches
Business Wire - Tue Dec 30, 12:47PM CST
Highlands Bancorp, Inc (OTCQB:HSBK), parent company of Highlands State Bank, announces the consolidation of the Bank's two (2) Sparta branch office locations into one (1) branch in the first quarter of 2015.
Highlands Bancorp, Inc. Reports Improved Results for the Three and Nine Months Ended September 30, 2014
Business Wire - Wed Oct 22, 2:03PM CDT
Highlands Bancorp, Inc. (OTCQB:HSBK) parent company of Highlands State Bank, reported third quarter 2014 net income of $257,000 compared to net income of $620,000 for the same period in 2013. For the nine months ended September 30, 2014 net income was $620,000 compared to net income of $1,707,000 for the same period in 2013. Third quarter and year to date 2014 net income before income taxes increased $102,000 and $304,000 respectively, over the same periods in 2013. Third quarter 2014 net income available to common stockholders was $240,000 or $.13 per diluted common share compared to net income available to common stockholders of $603,000 or $.34 per diluted common share for the same period in 2013. The comparable nine month results reflect net income available to common stockholders for 2014 of $569,000 or $.31 per diluted common share compared to net income available to common stockholders of $1,656,000 or $.93 per diluted common share for 2013. The third quarter and year-to-date 2013 results were positively impacted by partial reversals of the Company's valuation allowance on deferred tax assets of $425,000 and $1,274,000 respectively, which were partially offset by respective period income tax expenses of $131,000, and $297,000, respectively. These resulted in net tax benefits of $294,000 or $.16 per share for the third quarter 2013, and $977,000 or $.55 per share for the nine months ended September 30, 2013.
ADDING and REPLACING Highlands Bancorp, Inc. and Highlands State Bank Announces Retirement of George E. Irwin
Business Wire - Fri Sep 26, 11:28AM CDT
Reissuing release dated September 24, 2014 to add ticker symbol for searching purposes.
Highlands Bancorp, Inc. and Highlands State Bank Announces Retirement of George E. Irwin
Business Wire - Wed Sep 24, 9:36AM CDT
The Boards of Directors of Highlands Bancorp, Inc. and its subsidiary Highlands State Bank announced the retirement of President and CEO, George E. Irwin as of October 3, 2014. Simultaneously Mr. Irwin was elected by the Boards of Directors as Chairman of Highlands Bancorp, Inc. and of Highlands State Bank. In his new role, Mr. Irwin will continue to provide his counsel on governance and strategic issues for the Company and the Bank. Bruce D. Zaretsky will assume the positions of Vice Chairman of the Boards of Directors of both the Company and the Bank.
Highlands Bancorp announces dividend of USD0.01 per share for quarter
M2 - Tue Jul 22, 4:46AM CDT
The board of directors of the parent company of Highlands State Bank, Highlands Bancorp Inc (OTCQB:HSBK) approved a common stock cash dividend of USD0.01 per share, the company reported on Monday.
Highlands Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2014
Business Wire - Mon Jul 21, 10:33AM CDT
Highlands Bancorp, Inc. (OTCQB:HSBK) parent company of Highlands State Bank, reported second quarter 2014 net income of $196,000 compared to net income of $555,000 for the same period in 2013. For the six months ended June 30, 2014 net income was $363,000 compared to a net income of $1,087,000 for the same period in 2013. Second quarter 2014 net income available to common stockholders was $179,000 or $0.10 per basic and diluted common share compared to net income of $538,000 or $0.30 per basic and diluted common share for the same period in 2013. The comparable six month results reflect net income available to common stockholders for 2014 of $329,000 or $0.18 per basic and diluted common share compared to net income of $1,053,000 or $0.59 per basic and diluted common share. The second quarter 2013 and year-to-date 2013 results were positively impacted by partial reversals of the Company's valuation allowance on deferred tax assets of $425,000, or $0.25 per basic and diluted share, and $849,000, or $0.47 per basic and diluted share, respectively, which were partially offset by respective period income tax expenses of $95,000, and $166,000, respectively.
