Northern States Financial Corp (NSFC) 0.6050 $NSFC
Northern States Financial Corporation Reports First Quarter Earnings
GlobeNewswire - Tue May 10, 4:10PM CDT
Northern States Financial Corporation (OTCQB:NSFC) (the "Company"
, holding company for NorStates Bank (the "Bank", an FDIC insured financial institution, today reported first quarter 2016 pretax income of $534 thousand as compared with pretax income of $180 thousand for the same quarter of 2015. First quarter 2016 net income after tax was $321 thousand while first quarter 2015 net income after tax remained $180 thousand due to the Company's tax position during that quarter. The Company's per share book value at March 31, 2016 was $0.64.
Northern States Financial Corporation Appoints George Bridges and Joel Leonard to Board of Directors
Marketwired - Tue Apr 05, 1:13PM CDT
Northern States Financial Corporation (OTCQB: NSFC) (the "Company", holding company for NorStates Bank (the "Bank", an FDIC insured financial institution, today announced that Judge George Bridges and Mr. Joel Leonard have been appointed as directors of the Company to serve until the next annual meeting of stockholders. The addition of Judge Bridges and Mr. Leonard increases the number of directors to ten members. Judge Bridges and Mr. Leonard will also serve as directors of NorStates Bank.
Northern States Financial Corporation Reports 2015 Net Income of $23.1 million
Marketwired - Tue Mar 08, 5:36PM CST
Northern States Financial Corporation (OTCQB: NSFC) (the "Company", holding company for NorStates Bank (the "Bank", an FDIC insured financial institution, today reported annual net income for 2015 available to stockholders of $23,129,000, or $0.26 per share. A significant portion of the Company's net income for 2015 resulted from the reversal of almost all of the Company's deferred tax allowance which allowed the booking of a $21.7 million tax credit during the fourth quarter of 2015. At year-end 2015, there remains a deferred tax allowance of approximately $3.0 million. In 2014, the Company successfully negotiated a discount of TARP preferred shares in association with the Company's recapitalization which resulted in net income available to stockholders of $15,564,000, or $0.26 per share. Pretax income for 2015 was $1,474,000 as compared with pretax income for 2014 of $210,000. Per share book value at December 31, 2015 was $0.64.
Northern States Financial Corporation Reports Third Quarter 2015 Net Income of $514,000
Marketwired - Wed Oct 21, 11:45AM CDT
Northern States Financial Corporation (OTCQB: NSFC) (the "Company", holding company for NorStates Bank (the "Bank", an FDIC insured financial institution, today reported third quarter 2015 net income of $514,000, an increase from $392,000 for the second quarter of 2015 and $180,000 for the first quarter of 2015. The Company's per share book value at September 30, 2015 was $0.39.
Northern States Financial Corporation Reports Second Quarter 2015 Earnings
Marketwired - Tue Jul 21, 5:23PM CDT
Northern States Financial Corporation (OTCQB: NSFC) (the "Company", holding company for NorStates Bank (the "Bank", an FDIC insured financial institution, today reported second quarter 2015 net income of $392,000 as compared with first quarter net income of $180,000. Per share book value at June 30, 2015 was $0.38.
Northern States Financial Corporation Reports 2014 Financial Results
Marketwired - Thu Mar 19, 4:58PM CDT
Northern States Financial Corporation (OTCQB: NSFC), holding company for NorStates Bank (the "Bank", today reported net income available to common stockholders for 2014 of $15,564,000 or $0.26 per share compared with a net loss for 2013 of $2,771,000 or $0.65 per share. A significant portion of the Northern States Financial Corporation's (the "Company" net income for 2014 resulted from the discount recognized on the redemption of its preferred stock in the second quarter of 2014. Per share book value at December 31, 2014 was $0.37.
Northern States Financial Corporation Reports Third Quarter Earnings
Marketwired - Mon Nov 03, 4:03PM CST
Northern States Financial Corporation (OTCQB: NSFC), holding company for NorStates Bank, an FDIC insured financial institution, today reported third quarter 2014 net income of $283,000. Per share book value at September 30, 2014 was $0.37.
Northern States Financial Corporation Reports First Quarter Earnings
GlobeNewswire - Tue May 10, 4:10PM CDT
Northern States Financial Corporation (OTCQB:NSFC) (the "Company"
, holding company for NorStates Bank (the "Bank", an FDIC insured financial institution, today reported first quarter 2016 pretax income of $534 thousand as compared with pretax income of $180 thousand for the same quarter of 2015. First quarter 2016 net income after tax was $321 thousand while first quarter 2015 net income after tax remained $180 thousand due to the Company's tax position during that quarter. The Company's per share book value at March 31, 2016 was $0.64. Northern States Financial Corporation Appoints George Bridges and Joel Leonard to Board of Directors
Marketwired - Tue Apr 05, 1:13PM CDT
Northern States Financial Corporation (OTCQB: NSFC) (the "Company"
, holding company for NorStates Bank (the "Bank", an FDIC insured financial institution, today announced that Judge George Bridges and Mr. Joel Leonard have been appointed as directors of the Company to serve until the next annual meeting of stockholders. The addition of Judge Bridges and Mr. Leonard increases the number of directors to ten members. Judge Bridges and Mr. Leonard will also serve as directors of NorStates Bank. Northern States Financial Corporation Reports 2015 Net Income of $23.1 million
Marketwired - Tue Mar 08, 5:36PM CST
Northern States Financial Corporation (OTCQB: NSFC) (the "Company"
, holding company for NorStates Bank (the "Bank", an FDIC insured financial institution, today reported annual net income for 2015 available to stockholders of $23,129,000, or $0.26 per share. A significant portion of the Company's net income for 2015 resulted from the reversal of almost all of the Company's deferred tax allowance which allowed the booking of a $21.7 million tax credit during the fourth quarter of 2015. At year-end 2015, there remains a deferred tax allowance of approximately $3.0 million. In 2014, the Company successfully negotiated a discount of TARP preferred shares in association with the Company's recapitalization which resulted in net income available to stockholders of $15,564,000, or $0.26 per share. Pretax income for 2015 was $1,474,000 as compared with pretax income for 2014 of $210,000. Per share book value at December 31, 2015 was $0.64. Northern States Financial Corporation Reports Third Quarter 2015 Net Income of $514,000
Marketwired - Wed Oct 21, 11:45AM CDT
Northern States Financial Corporation (OTCQB: NSFC) (the "Company"
, holding company for NorStates Bank (the "Bank", an FDIC insured financial institution, today reported third quarter 2015 net income of $514,000, an increase from $392,000 for the second quarter of 2015 and $180,000 for the first quarter of 2015. The Company's per share book value at September 30, 2015 was $0.39. Northern States Financial Corporation Reports Second Quarter 2015 Earnings
Marketwired - Tue Jul 21, 5:23PM CDT
Northern States Financial Corporation (OTCQB: NSFC) (the "Company"
, holding company for NorStates Bank (the "Bank", an FDIC insured financial institution, today reported second quarter 2015 net income of $392,000 as compared with first quarter net income of $180,000. Per share book value at June 30, 2015 was $0.38. Northern States Financial Corporation Reports 2014 Financial Results
Marketwired - Thu Mar 19, 4:58PM CDT
Northern States Financial Corporation (OTCQB: NSFC), holding company for NorStates Bank (the "Bank"
, today reported net income available to common stockholders for 2014 of $15,564,000 or $0.26 per share compared with a net loss for 2013 of $2,771,000 or $0.65 per share. A significant portion of the Northern States Financial Corporation's (the "Company" net income for 2014 resulted from the discount recognized on the redemption of its preferred stock in the second quarter of 2014. Per share book value at December 31, 2014 was $0.37. Northern States Financial Corporation Reports Third Quarter Earnings
Marketwired - Mon Nov 03, 4:03PM CST
Northern States Financial Corporation (OTCQB: NSFC), holding company for NorStates Bank, an FDIC insured financial institution, today reported third quarter 2014 net income of $283,000. Per share book value at September 30, 2014 was $0.37.
