Bank of Mckenney (BOMK) 9.7500 $BOMK
Bank of McKenney Reports Another Record Year
PR Newswire - Wed Feb 11, 11:07AM CST
Bank of McKenney (the "Bank"
(OTCBB: BOMK) today announced record net income of $1.9 million, or $0.99 earnings per share, for the year ended December 31, 2014 compared to net income of $1.7 million, or $0.90 earnings per share, for the same period ended December 31, 2013. This increase represents an improvement of $180,000, or 10.62% when comparing year over year. Increased profits were mainly driven by a reduction in Provision for Loan Losses and modest gains on the sale of Other Real Estate Owned. Return on average equity increased to 7.92% for the year ended December 31, 2014 compared to 7.76% for the same period in 2013 and return on average assets was 0.86% compared to 0.78% in 2013. For the fourth quarter of 2014, the Bank recognized net income of $540,000 compared to $410,000 in the same period in 2013.
Bank Of McKenney Reports Consistent Results For The Third Quarter And Year-To-Date
PR Newswire - Wed Dec 31, 2:30PM CST
Bank of McKenney (OTCBB: BOMK.OB) today announced third quarter earnings of $456,000, an increase of 6.3% over 2013 third quarter earnings of $429,000. Basic and diluted earnings per share of $0.24 were reported for the three months ended September 30, 2014. For the nine-month period ended September 30, 2014, the Bank reported earnings of $1,336,000, an increase of 3.7% when compared to $1,289,000 reported through the first nine months of 2013. For the first nine months of 2014 and 2013, basic earnings per share of $0.71 and $0.68 and diluted earnings per share of $.69 and $.67, respectively, were achieved. Annualized returns on average assets and average equity for the first nine months of 2014 were 0.81% and 8.0%, respectively, compared to 0.80% and 7.9%, respectively, for the same period in 2013. Net interest margins have declined slightly in 2014, at 4.73% year-to-date in 2014 compared to 4.90% for the same period in 2013.
Conclusion To 1-Year Test: $10K CD Wins Vs. $10K Portfolio
Henry Nyce - at Seeking Alpha - Thu Dec 18, 7:28AM CST
AT: 2.86 (+0.07), IRET: 7.33 (+0.04), CTCM: 4.13 (unch), CYS: 9.08 (+0.06), CTU: 26.34 (-0.17), VOC: 5.16 (+0.03), AP: 17.00 (-0.04), DSU: 3.80 (unch), PSEC: 8.39 (unch)
Bank of McKenney's board approves dividend of USD0.28 per share
M2 - Fri Nov 14, 5:14AM CST
Bank of McKenney (OTC BB:BOMK), a full-service community bank, disclosed on Thursday that its board of directors approved a common and preferred classes of stock dividend of USD0.28 per share, unchanged from the dividend paid out in December 2013.
Bank McKenney declares $0.28 dividend
Seeking Alpha - at Seeking Alpha - Thu Nov 13, 7:47AM CST
Bank of McKenney Maintains Annual Dividend Per Share
PR Newswire - Thu Nov 13, 6:58AM CST
Bank of McKenney (OTC BB: BOMK) today announced that the Board of Directors of Bank of McKenney declared a dividend of $0.28 per share on Bank of McKenney common and preferred classes of stock for shareholders of record at the close of normal trading on November 28, 2014 and payable on December 15, 2014.
Bank of McKenney Reports Best Second Quarter and Year-to-Date Results in its 108 Year History
PR Newswire - Fri Aug 08, 3:47PM CDT
Bank of McKenney (OTCBB: BOMK) today announced record second quarter earnings of $539,000, an annualized increase of 20% over 2013 second quarter earnings of $489,000. Basic and diluted earnings per share of $0.28 were reported for the three months ended June 30, 2014. For the six-month period ended June 30, 2014, the Bank reported earnings of $880,000, an annualized increase of 4% when compared to $860,000 reported through the first six months of 2013. For the first six months of 2014 and 2013, earnings per basic and diluted share of $0.46 and $0.45, respectively, were achieved. Annualized returns on average assets and average equity for the first six months of 2014 were 0.80% and 7.8%, respectively, compared to 0.80% and 8.0%, respectively, for the same period in 2013. Interest margins have remained steady during the last two quarters, at 4.72% for the first half of 2014 compared to 4.75 for the same period in 2013.
Bank of McKenney Reports Another Record Year
PR Newswire - Wed Feb 11, 11:07AM CST
Bank of McKenney (the "Bank"
(OTCBB: BOMK) today announced record net income of $1.9 million, or $0.99 earnings per share, for the year ended December 31, 2014 compared to net income of $1.7 million, or $0.90 earnings per share, for the same period ended December 31, 2013. This increase represents an improvement of $180,000, or 10.62% when comparing year over year. Increased profits were mainly driven by a reduction in Provision for Loan Losses and modest gains on the sale of Other Real Estate Owned. Return on average equity increased to 7.92% for the year ended December 31, 2014 compared to 7.76% for the same period in 2013 and return on average assets was 0.86% compared to 0.78% in 2013. For the fourth quarter of 2014, the Bank recognized net income of $540,000 compared to $410,000 in the same period in 2013. Bank Of McKenney Reports Consistent Results For The Third Quarter And Year-To-Date
PR Newswire - Wed Dec 31, 2:30PM CST
Bank of McKenney (OTCBB: BOMK.OB) today announced third quarter earnings of $456,000, an increase of 6.3% over 2013 third quarter earnings of $429,000. Basic and diluted earnings per share of $0.24 were reported for the three months ended September 30, 2014. For the nine-month period ended September 30, 2014, the Bank reported earnings of $1,336,000, an increase of 3.7% when compared to $1,289,000 reported through the first nine months of 2013. For the first nine months of 2014 and 2013, basic earnings per share of $0.71 and $0.68 and diluted earnings per share of $.69 and $.67, respectively, were achieved. Annualized returns on average assets and average equity for the first nine months of 2014 were 0.81% and 8.0%, respectively, compared to 0.80% and 7.9%, respectively, for the same period in 2013. Net interest margins have declined slightly in 2014, at 4.73% year-to-date in 2014 compared to 4.90% for the same period in 2013.
Conclusion To 1-Year Test: $10K CD Wins Vs. $10K Portfolio
Henry Nyce - at Seeking Alpha - Thu Dec 18, 7:28AM CST
AT: 2.86 (+0.07), IRET: 7.33 (+0.04), CTCM: 4.13 (unch), CYS: 9.08 (+0.06), CTU: 26.34 (-0.17), VOC: 5.16 (+0.03), AP: 17.00 (-0.04), DSU: 3.80 (unch), PSEC: 8.39 (unch)
Bank of McKenney's board approves dividend of USD0.28 per share
M2 - Fri Nov 14, 5:14AM CST
Bank of McKenney (OTC BB:BOMK), a full-service community bank, disclosed on Thursday that its board of directors approved a common and preferred classes of stock dividend of USD0.28 per share, unchanged from the dividend paid out in December 2013.
Bank McKenney declares $0.28 dividend
Seeking Alpha - at Seeking Alpha - Thu Nov 13, 7:47AM CST
Bank of McKenney Maintains Annual Dividend Per Share
PR Newswire - Thu Nov 13, 6:58AM CST
Bank of McKenney (OTC BB: BOMK) today announced that the Board of Directors of Bank of McKenney declared a dividend of $0.28 per share on Bank of McKenney common and preferred classes of stock for shareholders of record at the close of normal trading on November 28, 2014 and payable on December 15, 2014.
Bank of McKenney Reports Best Second Quarter and Year-to-Date Results in its 108 Year History
PR Newswire - Fri Aug 08, 3:47PM CDT
Bank of McKenney (OTCBB: BOMK) today announced record second quarter earnings of $539,000, an annualized increase of 20% over 2013 second quarter earnings of $489,000. Basic and diluted earnings per share of $0.28 were reported for the three months ended June 30, 2014. For the six-month period ended June 30, 2014, the Bank reported earnings of $880,000, an annualized increase of 4% when compared to $860,000 reported through the first six months of 2013. For the first six months of 2014 and 2013, earnings per basic and diluted share of $0.46 and $0.45, respectively, were achieved. Annualized returns on average assets and average equity for the first six months of 2014 were 0.80% and 7.8%, respectively, compared to 0.80% and 8.0%, respectively, for the same period in 2013. Interest margins have remained steady during the last two quarters, at 4.72% for the first half of 2014 compared to 4.75 for the same period in 2013.
