Dcb Financial Corp (DCBF) 7.1000 $DCBF
DCB Financial Corp Announces First Quarter 2016 Results and Stock Repurchase Program
PR Newswire - Mon May 02, 7:00AM CDT
DCB Financial Corp (the "Company"
, (OTCPink: DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank" announced net income of $116,000 or $0.02 per diluted share for the three months ended March 31, 2016, compared to net income of $239,000 or $0.03 per diluted share for the same period in 2015.
Ronald J. Seiffert Elected Chairman of the Board of Directors
PR Newswire - Wed Mar 02, 2:55PM CST
DCB Financial Corp (the "Company", (OTCPink: DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank" announced that its board of directors elected Chief Executive Officer Ronald J. Seiffert as Chairman, succeeding Vicki J. Lewis.
DCB Financial Corp Announces Fourth Quarter and Full Year 2015 Results
PR Newswire - Mon Feb 01, 8:28AM CST
DCB Financial Corp (the "Company", (OTCPink: DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank" announced net income of $273,000 or $0.04 per diluted share for the three months ended December 31, 2015, compared to net income of $164,000 or $0.02 per diluted share for the same period in 2014.
DCB Financial sells, leases back property from JASS Realty
M2 - Fri Dec 04, 7:09AM CST
DCB Financial Corp (OTCPink: DCBF), parent holding company of The Delaware County Bank & Trust Company said it has entered into a transaction to sell and simultaneously lease back property it owns in Lewis Center, Ohio that serves as the corporate headquarters of the bank and the trust company. Upon the closing of the transaction, the property will be sold to a purchaser group consisting of JASS Realty Company, LLC, Seth Evan Frankenthal, Jeremy Scott Frankenthal, and Andrew Marc Frankenthal for an aggregate purchase price of USD8,230,000, and the property will be leased back to the bank for a fifteen year term, with the bank having the option to extend the term of the lease for two additional periods of ten years each. Additionally, the bank will have a right of first refusal to purchase the property at any time during the lease term. The closing of the transaction is expected to occur in January 2016 and is subject to regulatory approval, the purchaser's due diligence investigation, and customary closing conditions, including title insurance and other requirements. DCB Financial Corp is a financial holding company for The Delaware County Bank & Trust Company, a state-chartered commercial bank in Lewis Center, Ohio.
DCB Financial Corp Announces Sale and Leaseback Agreement
PR Newswire - Mon Nov 30, 10:22AM CST
DCB Financial Corp (the "Company", (OTCPink: DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank" announced that the Bank has entered into a transaction, the effect of which is to sell and simultaneously lease back property it owns at 110 Riverbend Avenue, Lewis Center, Ohio that serves as, among other things, the corporate headquarters of the Bank and the Company (the "Property".
Federal Reserve Board Appoints Ronald J. Seiffert to National Community Depository Institutions Advisory Council
PR Newswire - Thu Oct 01, 9:44AM CDT
The Delaware County Bank and Trust Company (the "Bank" announced the appointment of Ronald J. Seiffert, President and CEO of the Bank, to the Federal Reserve's Community Depository Institutions Advisory Council (the "CDIAC".
DCB Financial Corp Announces Second Quarter 2015 Results
PR Newswire - Thu Jul 30, 8:51AM CDT
DCB Financial Corp (the "Company", (OTCQB: DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank" announced net income of $144,000 or $0.02 per diluted share for the three months ended June 30, 2015, compared to net income of $37,000 or $0.01 per diluted share for the same period in 2014. The increase in net income resulted from a $196,000 increase in net interest income and an increase of $184,000 in non-interest income, which offset a $273,000 increase in non-interest expenses. During the second quarter of 2015, the Company recorded a $175,000 one-time expense accrual for refunds of certain fees charged to a small segment of deposit customers between 2011 and 2015.
The Delaware County Bank and Trust Company Appoints Torchio as Senior Vice President of Residential and Consumer Lending
PR Newswire - Wed Jul 22, 5:00PM CDT
The Delaware County Bank and Trust Company (the "Bank" announced the hiring of Louis Torchio as Senior Vice President of Residential and Consumer Lending. Torchio is a seasoned mortgage banker, with more than 30 years of experience building and managing mortgage banking operations. Torchio was most recently Executive Vice President of Residential Lending with Farmers Citizens Bank, where he developed a new mortgage banking operation and managed all aspects the mortgage lending business. He also served in senior officer positions for Charter One Bank, Bank One and Mellon Bank. While at Charter One, Torchio was responsible for managing a $15 billion residential and consumer loan portfolio with annual originations that exceeded $7 billion.
DCB Financial Corp Announces First Quarter 2015 Results
PR Newswire - Wed Apr 29, 3:05PM CDT
DCB Financial Corp (the "Company", (OTCQB: DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank" announced net income of $239,000 or $0.03 per diluted share for the three months ended March 31, 2015, compared to net income of $117,000 or $0.02 per diluted share for the first quarter of 2014 and net income of $168,000 or $0.02 per diluted share for the fourth quarter of 2014.
DCB Financial Corp Announces Third Quarter 2014 Results
PR Newswire - Thu Nov 13, 7:04AM CST
DCB Financial Corp (the "Company", (OTC Bulletin Board DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank" announced net income of $50,000 or $0.01 per diluted share for the three months ended September 30, 2014, compared to a net loss of $127,000 or $0.02 per diluted share for the same period in 2013. Non-recurring gains and losses in the third quarter of 2014 aggregated $17,000 of net losses, compared to net non-recurring losses of $51,000 in the year-ago quarter.
DCB Financial Corp Announces First Quarter 2016 Results and Stock Repurchase Program
PR Newswire - Mon May 02, 7:00AM CDT
DCB Financial Corp (the "Company"
, (OTCPink: DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank" announced net income of $116,000 or $0.02 per diluted share for the three months ended March 31, 2016, compared to net income of $239,000 or $0.03 per diluted share for the same period in 2015. Ronald J. Seiffert Elected Chairman of the Board of Directors
PR Newswire - Wed Mar 02, 2:55PM CST
DCB Financial Corp (the "Company"
, (OTCPink: DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank" announced that its board of directors elected Chief Executive Officer Ronald J. Seiffert as Chairman, succeeding Vicki J. Lewis. DCB Financial Corp Announces Fourth Quarter and Full Year 2015 Results
PR Newswire - Mon Feb 01, 8:28AM CST
DCB Financial Corp (the "Company"
, (OTCPink: DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank" announced net income of $273,000 or $0.04 per diluted share for the three months ended December 31, 2015, compared to net income of $164,000 or $0.02 per diluted share for the same period in 2014. DCB Financial sells, leases back property from JASS Realty
M2 - Fri Dec 04, 7:09AM CST
DCB Financial Corp (OTCPink: DCBF), parent holding company of The Delaware County Bank & Trust Company said it has entered into a transaction to sell and simultaneously lease back property it owns in Lewis Center, Ohio that serves as the corporate headquarters of the bank and the trust company. Upon the closing of the transaction, the property will be sold to a purchaser group consisting of JASS Realty Company, LLC, Seth Evan Frankenthal, Jeremy Scott Frankenthal, and Andrew Marc Frankenthal for an aggregate purchase price of USD8,230,000, and the property will be leased back to the bank for a fifteen year term, with the bank having the option to extend the term of the lease for two additional periods of ten years each. Additionally, the bank will have a right of first refusal to purchase the property at any time during the lease term. The closing of the transaction is expected to occur in January 2016 and is subject to regulatory approval, the purchaser's due diligence investigation, and customary closing conditions, including title insurance and other requirements. DCB Financial Corp is a financial holding company for The Delaware County Bank & Trust Company, a state-chartered commercial bank in Lewis Center, Ohio.
DCB Financial Corp Announces Sale and Leaseback Agreement
PR Newswire - Mon Nov 30, 10:22AM CST
DCB Financial Corp (the "Company"
, (OTCPink: DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank" announced that the Bank has entered into a transaction, the effect of which is to sell and simultaneously lease back property it owns at 110 Riverbend Avenue, Lewis Center, Ohio that serves as, among other things, the corporate headquarters of the Bank and the Company (the "Property". Federal Reserve Board Appoints Ronald J. Seiffert to National Community Depository Institutions Advisory Council
PR Newswire - Thu Oct 01, 9:44AM CDT
The Delaware County Bank and Trust Company (the "Bank"
announced the appointment of Ronald J. Seiffert, President and CEO of the Bank, to the Federal Reserve's Community Depository Institutions Advisory Council (the "CDIAC". DCB Financial Corp Announces Second Quarter 2015 Results
PR Newswire - Thu Jul 30, 8:51AM CDT
DCB Financial Corp (the "Company"
, (OTCQB: DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank" announced net income of $144,000 or $0.02 per diluted share for the three months ended June 30, 2015, compared to net income of $37,000 or $0.01 per diluted share for the same period in 2014. The increase in net income resulted from a $196,000 increase in net interest income and an increase of $184,000 in non-interest income, which offset a $273,000 increase in non-interest expenses. During the second quarter of 2015, the Company recorded a $175,000 one-time expense accrual for refunds of certain fees charged to a small segment of deposit customers between 2011 and 2015. The Delaware County Bank and Trust Company Appoints Torchio as Senior Vice President of Residential and Consumer Lending
PR Newswire - Wed Jul 22, 5:00PM CDT
The Delaware County Bank and Trust Company (the "Bank"
announced the hiring of Louis Torchio as Senior Vice President of Residential and Consumer Lending. Torchio is a seasoned mortgage banker, with more than 30 years of experience building and managing mortgage banking operations. Torchio was most recently Executive Vice President of Residential Lending with Farmers Citizens Bank, where he developed a new mortgage banking operation and managed all aspects the mortgage lending business. He also served in senior officer positions for Charter One Bank, Bank One and Mellon Bank. While at Charter One, Torchio was responsible for managing a $15 billion residential and consumer loan portfolio with annual originations that exceeded $7 billion. DCB Financial Corp Announces First Quarter 2015 Results
PR Newswire - Wed Apr 29, 3:05PM CDT
DCB Financial Corp (the "Company"
, (OTCQB: DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank" announced net income of $239,000 or $0.03 per diluted share for the three months ended March 31, 2015, compared to net income of $117,000 or $0.02 per diluted share for the first quarter of 2014 and net income of $168,000 or $0.02 per diluted share for the fourth quarter of 2014. DCB Financial Corp Announces Third Quarter 2014 Results
PR Newswire - Thu Nov 13, 7:04AM CST
DCB Financial Corp (the "Company"
, (OTC Bulletin Board DCBF), parent holding company of The Delaware County Bank & Trust Company, Lewis Center, Ohio (the "Bank" announced net income of $50,000 or $0.01 per diluted share for the three months ended September 30, 2014, compared to a net loss of $127,000 or $0.02 per diluted share for the same period in 2013. Non-recurring gains and losses in the third quarter of 2014 aggregated $17,000 of net losses, compared to net non-recurring losses of $51,000 in the year-ago quarter. 
