Lighthouse Bank [Ca] (LGHT) 13.7600 $LGHT
Lighthouse Bank announces dividend of USD0.075 per share for quarter
M2 - Mon Jul 27, 5:14AM CDT
The board of directors of Lighthouse Bank (OTC-QB:LGHT) authorised a quarterly dividend of USD0.075 per share, the company's first this fiscal year, it revealed on Friday.
Lighthouse Bank Declares First Quarterly Cash Dividend
PR Newswire - Fri Jul 24, 3:16PM CDT
Lighthouse Bank (OTC-QB: LGHT) today announced that its Board of Directors has approved its first Quarterly Cash Dividend in the amount of $0.075 per share. The dividend is payable on August 28, 2015, to shareholders of record at the close of business on August 7, 2015. The cash dividend is the result of the Bank's strong ongoing financial performance and significant capital strength. The cash dividend follows a Special $0.40 Cash Dividend paid in January 2015, as well as the issuance of Stock Dividends by the Bank in both 2011 and 2013.
LIGHTHOUSE BANK- Expansion Underway-Solid Earnings Continue in Q2 2015
PR Newswire - Fri Jul 17, 3:01PM CDT
Locally owned Lighthouse Bank (OTCQB: LGHT) today released unaudited financial results for the quarter-ended June 30, 2015. The Bank posted a $536 thousand profit for the period, as compared to $494 thousand during Q1 2015. Profit for the first six months of 2015 was $1.03 million and in spite of costs associated with ongoing expansion, little changed from the same period in 2014. This represented the 24th successive quarter of profitable operations for the seven-year-old Bank. For the period, total shareholders' equity grew by $723 thousand. Year-over-year, shareholders' equity increased $2.2 million, or 9%, to $26.4 million. The Bank experienced strong loan growth, up $13 million during the period and 10% year-over-year, to $134 million. Deposits decreased modestly during Q2, ending at $146 million, yet were up 9% year-over-year. Overall positive performance continued to be driven by the Bank's control of overhead expenses.
Lighthouse Bank's Growing Dividend Is Worth A Look
Profit Fan - at Seeking Alpha - Wed Jun 10, 7:29AM CDT
AMRB: 9.49 (-0.08)
Lighthouse Bank Named 10TH Healthiest Bank In America
PR Newswire - Tue Jun 02, 7:51PM CDT
Locally owned and operated Lighthouse Bank (OTC-QB: LGHT) has been ranked 10th of the Top 200 Healthiest Banks in the Nation, according to DepositAccounts.com. Each year DepositAccounts.com evaluates the financial health of every federally insured bank in the United States - more than 6,900 total. Each institution is graded on a number of factors, including capitalization, deposit growth, and loan to reserve ratios, in order to determine a comprehensive health score. From the list of 6,998 banks, DepositAccounts.com recognized Lighthouse Bank as 10th in the Nation and an overall health rating of A+. The top ranking is principally attributed to Lighthouse Bank's extremely strong capital position, high asset quality, lack of historical loan losses, and strong loan loss reserve. In addition to the designation of exceptional health, Lighthouse Bank's return on equity as averaged in excess of 10% annually over the past three calendar years.
LIGHTHOUSE BANK-Top Ranked Performance Continues in Q1 2015
PR Newswire - Fri Apr 17, 3:01PM CDT
Locally owned Lighthouse Bank (OTC-QB: LGHT) today released unaudited financial results for the quarter-ended March 31, 2015. The Bank posted a $494 thousand profit for the period, as compared to $596 thousand during Q1 2014, the variance being attributed primarily to a large one-time fee collected during Q1 2014. This represented the 23rd successive quarter of profitable operations for the seven-year-old Bank. For the period, total shareholders' equity grew to $25.7 million. Year-over-year, shareholders' equity increased by 9%. The Bank experienced strong growth in deposits up 6% since December 31, 2014 and 10% year-over-year, to $151 million. Loans decreased modestly during Q1 ending at $121 million due to several large construction loan payoffs, but were up 9% year-over-year. Overall positive performance continued to be driven by the Bank's control of overhead expenses.
LIGHTHOUSE BANK-Seventh Year of Record Earnings for 7 Year Old Bank
PR Newswire - Fri Jan 23, 3:05PM CST
Locally owned Lighthouse Bank (OTC-QB: LGHT) today released unaudited financial results for the 4th quarter-ended December 31, 2014. The Bank posted a $667 thousand profit for the period, representing the 22nd successive quarter of profitable operations for the seven-year old Bank. Profit for the fiscal year ended December 31, 2014 was a record $2.4 million and represented a 5% increase in earnings compared to the prior year. Return on average equity for the year was 10.01%. For the 12-month period, total shareholders' equity increased by 14% to $26 million. The Bank experienced strong growth in loans, up 19% year over year to $123 million. Deposits increased by 6% to $143 million from December 31, 2013. Overall positive performance continued to be driven by the Bank's control of overhead expenses and growth in the loan portfolio.
Lighthouse Bank announces special dividend of USD0.40 per share
M2 - Mon Nov 17, 6:58AM CST
Lighthouse Bank (OTC-QB:LGHT), a full-service commercial bank, disclosed on Friday that its board of directors authorised a special cash dividend of USD0.40 per share.
Lighthouse Bank declares $0.40 dividend
Seeking Alpha - at Seeking Alpha - Fri Nov 14, 4:34PM CST
Lighthouse Bank Declares Special $0.40 Cash Dividend
PR Newswire - Fri Nov 14, 3:02PM CST
Lighthouse Bank (OTC-QB: LGHT) today announced that its Board of Directors has approved a special cash dividend in the amount of $0.40 per share. The Dividend is payable on January 2, 2015, to shareholders of record at the close of business on December 5, 2014. The special cash dividend is the result of the Bank's continued profitability and significant capital strength. Regulatory requirements applying to banks that opened during the financial crisis did not generally allow the payment of cash dividends. Lighthouse Bank opened for business in October 2007 and was subject to those restrictions. This restrictive seven year term effecting newer banks, known as the "DeNovo" period, ended for Lighthouse Bank on October 29, 2014. The special cash dividend follows the issuance of stock dividends by the Bank in both 2011 and 2013.
Lighthouse Bank Continues Strong Performance with Record Quarterly Earnings
PR Newswire - Fri Oct 17, 3:01PM CDT
Locally owned Lighthouse Bank (OTC-QB: LGHT) today released unaudited financial results for the quarter-ended September 30, 2014. The Bank posted a $725 thousand profit for the period, representing the 21st consecutive quarter of profitable operations for the seven-year-old Bank. Profit for the 9-month period was $1.7 million.
Lighthouse Bank announces dividend of USD0.075 per share for quarter
M2 - Mon Jul 27, 5:14AM CDT
The board of directors of Lighthouse Bank (OTC-QB:LGHT) authorised a quarterly dividend of USD0.075 per share, the company's first this fiscal year, it revealed on Friday.
Lighthouse Bank Declares First Quarterly Cash Dividend
PR Newswire - Fri Jul 24, 3:16PM CDT
Lighthouse Bank (OTC-QB: LGHT) today announced that its Board of Directors has approved its first Quarterly Cash Dividend in the amount of $0.075 per share. The dividend is payable on August 28, 2015, to shareholders of record at the close of business on August 7, 2015. The cash dividend is the result of the Bank's strong ongoing financial performance and significant capital strength. The cash dividend follows a Special $0.40 Cash Dividend paid in January 2015, as well as the issuance of Stock Dividends by the Bank in both 2011 and 2013.
LIGHTHOUSE BANK- Expansion Underway-Solid Earnings Continue in Q2 2015
PR Newswire - Fri Jul 17, 3:01PM CDT
Locally owned Lighthouse Bank (OTCQB: LGHT) today released unaudited financial results for the quarter-ended June 30, 2015. The Bank posted a $536 thousand profit for the period, as compared to $494 thousand during Q1 2015. Profit for the first six months of 2015 was $1.03 million and in spite of costs associated with ongoing expansion, little changed from the same period in 2014. This represented the 24th successive quarter of profitable operations for the seven-year-old Bank. For the period, total shareholders' equity grew by $723 thousand. Year-over-year, shareholders' equity increased $2.2 million, or 9%, to $26.4 million. The Bank experienced strong loan growth, up $13 million during the period and 10% year-over-year, to $134 million. Deposits decreased modestly during Q2, ending at $146 million, yet were up 9% year-over-year. Overall positive performance continued to be driven by the Bank's control of overhead expenses.
Lighthouse Bank's Growing Dividend Is Worth A Look
Profit Fan - at Seeking Alpha - Wed Jun 10, 7:29AM CDT
AMRB: 9.49 (-0.08)
Lighthouse Bank Named 10TH Healthiest Bank In America
PR Newswire - Tue Jun 02, 7:51PM CDT
Locally owned and operated Lighthouse Bank (OTC-QB: LGHT) has been ranked 10th of the Top 200 Healthiest Banks in the Nation, according to DepositAccounts.com. Each year DepositAccounts.com evaluates the financial health of every federally insured bank in the United States - more than 6,900 total. Each institution is graded on a number of factors, including capitalization, deposit growth, and loan to reserve ratios, in order to determine a comprehensive health score. From the list of 6,998 banks, DepositAccounts.com recognized Lighthouse Bank as 10th in the Nation and an overall health rating of A+. The top ranking is principally attributed to Lighthouse Bank's extremely strong capital position, high asset quality, lack of historical loan losses, and strong loan loss reserve. In addition to the designation of exceptional health, Lighthouse Bank's return on equity as averaged in excess of 10% annually over the past three calendar years.
LIGHTHOUSE BANK-Top Ranked Performance Continues in Q1 2015
PR Newswire - Fri Apr 17, 3:01PM CDT
Locally owned Lighthouse Bank (OTC-QB: LGHT) today released unaudited financial results for the quarter-ended March 31, 2015. The Bank posted a $494 thousand profit for the period, as compared to $596 thousand during Q1 2014, the variance being attributed primarily to a large one-time fee collected during Q1 2014. This represented the 23rd successive quarter of profitable operations for the seven-year-old Bank. For the period, total shareholders' equity grew to $25.7 million. Year-over-year, shareholders' equity increased by 9%. The Bank experienced strong growth in deposits up 6% since December 31, 2014 and 10% year-over-year, to $151 million. Loans decreased modestly during Q1 ending at $121 million due to several large construction loan payoffs, but were up 9% year-over-year. Overall positive performance continued to be driven by the Bank's control of overhead expenses.
LIGHTHOUSE BANK-Seventh Year of Record Earnings for 7 Year Old Bank
PR Newswire - Fri Jan 23, 3:05PM CST
Locally owned Lighthouse Bank (OTC-QB: LGHT) today released unaudited financial results for the 4th quarter-ended December 31, 2014. The Bank posted a $667 thousand profit for the period, representing the 22nd successive quarter of profitable operations for the seven-year old Bank. Profit for the fiscal year ended December 31, 2014 was a record $2.4 million and represented a 5% increase in earnings compared to the prior year. Return on average equity for the year was 10.01%. For the 12-month period, total shareholders' equity increased by 14% to $26 million. The Bank experienced strong growth in loans, up 19% year over year to $123 million. Deposits increased by 6% to $143 million from December 31, 2013. Overall positive performance continued to be driven by the Bank's control of overhead expenses and growth in the loan portfolio.
Lighthouse Bank announces special dividend of USD0.40 per share
M2 - Mon Nov 17, 6:58AM CST
Lighthouse Bank (OTC-QB:LGHT), a full-service commercial bank, disclosed on Friday that its board of directors authorised a special cash dividend of USD0.40 per share.
Lighthouse Bank declares $0.40 dividend
Seeking Alpha - at Seeking Alpha - Fri Nov 14, 4:34PM CST
Lighthouse Bank Declares Special $0.40 Cash Dividend
PR Newswire - Fri Nov 14, 3:02PM CST
Lighthouse Bank (OTC-QB: LGHT) today announced that its Board of Directors has approved a special cash dividend in the amount of $0.40 per share. The Dividend is payable on January 2, 2015, to shareholders of record at the close of business on December 5, 2014. The special cash dividend is the result of the Bank's continued profitability and significant capital strength. Regulatory requirements applying to banks that opened during the financial crisis did not generally allow the payment of cash dividends. Lighthouse Bank opened for business in October 2007 and was subject to those restrictions. This restrictive seven year term effecting newer banks, known as the "DeNovo" period, ended for Lighthouse Bank on October 29, 2014. The special cash dividend follows the issuance of stock dividends by the Bank in both 2011 and 2013.
Lighthouse Bank Continues Strong Performance with Record Quarterly Earnings
PR Newswire - Fri Oct 17, 3:01PM CDT
Locally owned Lighthouse Bank (OTC-QB: LGHT) today released unaudited financial results for the quarter-ended September 30, 2014. The Bank posted a $725 thousand profit for the period, representing the 21st consecutive quarter of profitable operations for the seven-year-old Bank. Profit for the 9-month period was $1.7 million.
