Cardinal Bankshares Corporation Reports Results for the Quarter ended March 31, 2015
PR Newswire - Tue Apr 21, 4:01PM CDT
Cardinal Bankshares Corporation (OTC-QB: CDBK), parent company of Bank of Floyd, announced its consolidated financial results for the first quarter ended March 31, 2015. The Company reported consolidated net income of $71 thousand for the first quarter versus consolidated net income of $87 thousand for the same quarter in 2014. Capital ratios remain above those required by banking regulations to be considered well-capitalized.
Cardinal Bankshares Corporation Reports Results for the Quarter ended September, 2014
PR Newswire - Mon Dec 08, 5:18PM CST
Cardinal Bankshares Corporation (OTC-QB: CDBK), parent company of Bank of Floyd, announced today its consolidated financial results for the third quarter of 2014 and reported net income of $132 thousand, or $0.09 per share versus a $1.3 million net loss, or $(0.88) per share for the same quarter in 2013. Net income for the nine-month period ended September 30, 2014 amounted to $1.2 million compared to a net loss of $1.4 million in 2013.
Mark Smith Named Interim President and CEO for Cardinal Bankshares and Bank of Floyd
PR Newswire - Tue Nov 18, 4:54PM CST
The Board of Directors of Cardinal Bankshares and the Bank of Floyd today announced that Mark Smith has been named as the Interim President & CEO. Smith's appointment is effective immediately.
Cardinal Bankshares Corporation Reports Results for the Quarter ended June 30, 2014
PR Newswire - Thu Jul 17, 5:49PM CDT
Cardinal Bankshares Corporation (OTC-QB: CDBK), parent company of Bank of Floyd, announced today its consolidated financial results for the second quarter of 2014 and reported net income of $983 thousand, or $0.64 per share versus a $(173) thousand net loss, or $(0.11) per share for the same quarter in 2013. The Company's net income for the three-month period produced an annualized return on average assets of 1.48% and an annualized return on average equity of 21.03% as compared to (0.25)% and (2.50)% for these measures in the same period last year. Net income for the six-month period ended June 30, 2014 amounted to $1.1 million compared to a net loss of $43 thousand in 2013.