York Traditions Bank Reports 1st Quarter Earnings
PR Newswire - Thu Apr 23, 6:59AM CDT
York Traditions Bank (OTC Pink: YRKB) reported net income available to common shareholders of $521,000, or 24 cents per share, for the first quarter ended March 31, 2015, compared to $376,000, or 17 cents per share, for the first quarter ended March 31, 2014. This represents a $145,000, or 38.6%, increase. Book value per common share stood at $12.87 at March 31, 2015.
Ambassador Financial Group, Inc. Announces $5 Million Private Placement of Subordinated Debt on Behalf of York Traditions Bank
Marketwired - Wed Apr 01, 8:43AM CDT
Ambassador Financial Group, Inc. today announced the successful completion of a $5 million private placement of subordinated notes for York Traditions Bank (OTC PINK: YRKB), headquartered in York, Pennsylvania, in which it served as the exclusive placement agent. The interest bearing notes, placed with accredited institutional investors, have a maturity date of March 27, 2025 and carry a 6.25% interest rate, to be paid quarterly, with a right of prepayment on or after March 27, 2020.
York Traditions Bank Announces Completion of $5 Million Subordinated Debt Sale and Repayment of Small Business Lending Fund Preferred Stock
PR Newswire - Wed Apr 01, 6:45AM CDT
York Traditions Bank (OTC Pink: YRKB) announced the March 27, 2015 completion of a $5 million aggregate principal amount of subordinated notes due March 27, 2025 with a 6.25% interest rate. The notes include a right of prepayment on or after March 27, 2020 and qualify as Tier 2 capital. The interest bearing notes represented a private placement with accredited institutional investors.
York Traditions Bank Announces One Of Its Own Will Become President
PR Newswire - Wed Mar 25, 3:31PM CDT
York Traditions Bank (OTC Pink: YRKB), headquartered at 226 Pauline Drive in York Township, has grown to over $300 million in assets with five branches across York County. The Bank's Associate base has now also reached the one hundred mark, and during an organization meeting this week, Michael E. Kochenour, Founder, Chairman, President and CEO, shared how his vision for the Bank has always extended for the long term. As part of an effective succession plan to ensure leadership continuity for the organization and all stakeholders, Kochenour announced Eugene J. Draganosky's promotion to President, effective April 1, 2015.
York Traditions Bank adds Elizabeth F. Carson to Board of Directors
PR Newswire - Wed Feb 18, 1:27PM CST
York Traditions Bank (OTC Pink: YRKB) has announced the addition of Elizabeth "Betty" Carson to their Board of Directors as the Bank continues to strategically build for the future. Since August 2014, Betty Carson has been a key member of the Bank's Hanover Advisory Board. She was officially elected as York Traditions Bank's tenth Director at the January 2015 Board meeting.
MTB: 122.51 (+1.31)
York Traditions Bank Reports 4th Quarter Earnings
PR Newswire - Mon Jan 26, 3:35PM CST
York Traditions Bank (OTC Pink: YRKB) reported net income available to common shareholders of $354,000, or 16 cents per share, for the fourth quarter ended December 31, 2014, compared to $387,000, or 18 cents per share, for the fourth quarter ended December 31, 2013. Net income available to common shareholders for the year ended December 31, 2014 was $1,873,000, or 87 cents per share, compared to $1,809,000, or 84 cents per share, for last year. This represents a $64,000, or 3.5%, increase. Book value per common share stood at $12.62 at December 31, 2014.
York Traditions Bank Reports 3rd Quarter Earnings
PR Newswire - Fri Oct 17, 12:21PM CDT
York Traditions Bank (OTC Pink: YRKB) reported net income available to common shareholders of $608,000, or 28 cents per share, for the third quarter ended September 30, 2014, compared to $383,000, or 18 cents per share, for the third quarter ended September 30, 2013. This represents a $225,000 or 59% increase. Net income available to common shareholders for the nine months ended September 30, 2014 was $1,519,000, or 70 cents per share, compared to $1,422,000, or 66 cents per share, for the same period last year. Book value per common share stood at $12.46 at September 30, 2014, which is an increase of 89 cents per share over the last twelve months.
York Traditions Bank Names Two New Bank Directors
PR Newswire - Tue Jul 08, 10:09AM CDT
York Traditions Bank (OTC Pink: YRKB) has announced the addition of two new Bank Directors as they continue to strategically build for the future. This is the first addition to the Board of Directors since the bank's inception.
York Traditions Bank Begins Trading On OTC Pink
PR Newswire - Thu Jun 26, 1:19PM CDT
York Traditions Bank (OTC Pink: YRKB) announced that its common stock has begun trading under the ticker symbol "YRKB" on the OTC Markets. In addition, the bank's stock is now DTC eligible for electronic trading. Michael E. Kochenour, Chairman, President and Chief Executive Officer notes, "This is a major step in advancing York Traditions Bank to the next level by assisting shareholders and brokers in more efficient trading."