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Heritage Bankshs (HBKS) 21.0000 $HBKS Banks Com

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Post# of 273394
Posted On: 06/19/2016 8:08:59 PM
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Posted By: Stock_Tracker
Heritage Bankshs[Va] (HBKS) 21.0000 $HBKS

Banks Complete Merger Transaction
PR Newswire - Fri Jan 29, 5:00PM CST
Southern BancShares (N.C.), Inc. ("Southern", Mount Olive, North Carolina, and Heritage Bankshares, Inc. ("Heritage", Norfolk, Virginia, have announced that Heritage and its bank subsidiary, Heritage Bank, have merged into Southern and its bank subsidiary, Southern Bank and Trust Company, effective on February 1, 2016. The announcement was made by J. Grey Morgan, Chairman and Chief Executive Officer of Southern Bank.

Heritage Bankshares declares Q4 2015 dividend
M2 - Mon Jan 25, 6:18AM CST
Heritage Bankshares, Inc. (OTCQX: HBKS) has declared the company's regular quarterly dividend of USD0.12 per share of its common stock for the fourth quarter of 2015 plus a pro-rata quarterly dividend for the first month of 2016 of USD0.04 per share on its common stock, the company said. These dividends will be paid on February 10, 2016 to common shareholders of record on January 29, 2016. Heritage is the parent company of Heritage Bank with two full-service branches in the city of Norfolk, two full-service branches in the city of Virginia Beach, and one full-service branch in the city of Chesapeake.

Heritage Bankshares announces Q4 2015 and pro-rata Q1 2016 dividends
M2 - Wed Jan 20, 4:26AM CST
Heritage Bankshares Inc (OTCQX:HBKS) announced on Tuesday that it will pay a regular common stock dividend of USD0.12 per share for the fourth quarter of 2015 and a pro-rata quarterly common stock dividend of USD0.04 per share for January 2016.

Heritage Bankshares, Inc. Declares Fourth Quarter 2015 Dividend and Pro-Rata First Quarter 2016 Dividend
PR Newswire - Tue Jan 19, 11:14AM CST
On January 15, 2016, Heritage Bankshares, Inc. ("Heritage"; the "Company" (OTCQX: HBKS), the parent of Heritage Bank (the "Bank", declared the Company's regular quarterly dividend for the fourth quarter of 2015 of $0.12 per share on our common stock plus a pro-rata quarterly dividend for the first month of 2016 of $0.04 per share on our common stock. These dividends will be paid on February 10, 2016 to common shareholders of record on January 29, 2016.

Heritage Bankshares' shareholders approve merger with Southern BancShares
M2 - Tue Jan 19, 8:03AM CST
Shareholders of Heritage Bankshares, Inc. (OTCQX: HBKS) have approved the merger between Heritage Bankshares, Inc. and Southern BancShares by a margin of 81.7 percent, the company said. Of the 2,305,304 shares eligible to vote as of the record date, 1,883,811 affirmative votes were cast in favor of the merger, exceeding the requirement for approval of 1,544,554 votes, or 66.7 percent, by 339,257 votes. Heritage is the parent company of Heritage Bank with two full-service branches in the city of Norfolk, two full-service branches in the city of Virginia Beach, and one full-service branch in the city of Chesapeake.

Heritage Bankshares, Inc. Announces Shareholder Approval of Merger with Southern BancShares (N.C.), Inc.
PR Newswire - Tue Jan 12, 10:42AM CST
Heritage Bankshares, Inc. ("Heritage" (OTCQX: HBKS), today announced that its shareholders have approved the merger between Heritage Bankshares, Inc. and Southern BancShares (N.C.), Inc. at a Special Shareholders' Meeting held today. Of the 2,305,304 shares eligible to vote as of the record date, 1,883,811 affirmative votes, or 81.7%, were cast in favor of the merger, exceeding the requirement for approval of 1,544,554 votes, or 66.7%, by 339,257 votes. A tabulation of voted and nonvoted shares is listed in the table below.

Heritage Bankshares redeems SBLF preferred stock
M2 - Wed Jan 06, 6:16AM CST
Heritage Bankshares, Inc. (OTCQX: HBKS) said it has paid USD7,819,500, an amount that includes USD19,500 in accrued dividends, to redeem all of its preferred stock Series A, obtained under the Small Business Lending Fund program (SBLF) and owned by the US Treasury. The amount paid was funded using USD5,619,500 in accumulated cash balances at Heritage plus USD2,200,000 in borrowings from a general operating expense line of credit. Heritage is the parent company of Heritage Bank, which has two full-service branches in the city of Norfolk, two full-service branches in the city of Virginia Beach, and one full-service branch in the city of Chesapeake.

Heritage Bankshares, Southern BancShares, report regulatory approvals for proposed merger
M2 - Tue Jan 05, 5:18AM CST
Heritage Bankshares, Inc., Norfolk, Virginia and Southern BancShares (N.C.), Inc., Mount Olive, North Carolina have received all required regulatory approvals for the proposed merger between Southern and Heritage, the companies said. Pending shareholder approval at a special shareholders' meeting of Heritage Bankshares, Inc., the merger transaction is scheduled to close on January 29, 2016 and will be effective Monday, February 1, 2016. Heritage is the parent company of Heritage Bank Heritage Bank has two full-service branches in the city of Norfolk, two full-service branches in the city of Virginia Beach, and one full-service branch in the city of Chesapeake. Southern BancShares (NC), Inc. is the holding company for Southern Bank and Trust Company, which was founded in 1901 and operates over 60 offices in North Carolina and Virginia. Headquartered in Mount Olive, North Carolina, Southern Bank has approximately USD2.2 billion in total assets.

Heritage Bankshares, Inc. Announces Redemption of SBLF Preferred Stock
PR Newswire - Thu Dec 31, 11:30AM CST
Heritage Bankshares, Inc. ("Heritage" (OTCQX: HBKS) today announced that it has paid $7,819,500, an amount that includes $19,500 in accrued dividends, to redeem all of its Preferred Stock Series A, obtained under the Small Business Lending Fund program ("SBLF" and owned by the U.S. Treasury. The amount paid was funded using $5,619,500 in accumulated cash balances at Heritage plus $2,200,000 in borrowings from a general operating expense line of credit.

Heritage Bankshares, Inc. and Southern BancShares, Inc. Announce Regulatory Approvals for Proposed Merger
PR Newswire - Thu Dec 31, 8:40AM CST
Heritage Bankshares, Inc. ("Heritage", Norfolk, Virginia, and Southern BancShares (N.C.), Inc. ("Southern", Mount Olive, North Carolina today announced that they have received all required regulatory approvals for the proposed merger between Southern and Heritage. Pending shareholder approval at a Special Shareholders' Meeting of Heritage Bankshares, Inc., the merger transaction is scheduled to close on January 29, 2016 and will be effective Monday, February 1, 2016.

Heritage Bankshares, Inc. Announces Third Quarter 2015 and First Nine Months 2015 Net Income; Quarterly Dividends
PR Newswire - Wed Oct 28, 11:26AM CDT
Heritage Bankshares, Inc. ("Heritage"; the "Company" (OTCQX: HBKS), the parent of Heritage Bank (the "Bank", today announced unaudited financial results for the third quarter and the first nine months of 2015.

Southern Bank and Heritage Bank to Merge
PR Newswire - Wed Oct 21, 8:14AM CDT
Southern BancShares (N.C.), Inc. ("Southern", Mount Olive, North Carolina, and Heritage Bankshares, Inc. ("Heritage", Norfolk, Virginia, today announced that they have reached a definitive agreement under which Heritage and its bank subsidiary, Heritage Bank, will be merged into Southern and its bank subsidiary, Southern Bank and Trust Company. The joint announcement was made by J. Grey Morgan, Jr., Chairman and CEO of Southern Bank, and Michael S. Ives, President and CEO of Heritage Bank.

Heritage Bankshares, Inc. Announces Second Quarter 2015 and First Six Months 2015 Net Income; Quarterly Dividends
PR Newswire - Wed Jul 29, 12:29PM CDT
Heritage Bankshares, Inc. ("Heritage"; the "Company" (OTCQX: HBKS), the parent of Heritage Bank (the "Bank", today announced unaudited financial results for the second quarter and the first six months of 2015.

Heritage Bank Relies on Netwrix Auditor to Govern Essential Security and Compliance Policies
Marketwired - Tue May 26, 8:02AM CDT
Netwrix Corporation, the #1 provider of change and configuration auditing software, today announced that Netwrix Auditor has been selected as a core compliance solution for Heritage Bank, assisting the financial institution in its adherence to critical security policies and best practices.

Heritage Bankshares reports 24.5% higher net income for Q1 2015 and quarterly dividend of USD0.12 per share
M2 - Thu Apr 23, 4:16AM CDT
Heritage Bankshares Inc (OTCQB:HBKS), the parent of Heritage Bank, reported on Wednesday for the first quarter of 2015 a net income of USD519,000 or USD0.21 per diluted share for the first quarter of 2015, an increase of USD102,000 or 24.5% over the net income of USD417,000 or USD0.17 per diluted share for the first quarter of 2014.

Heritage Bankshares, Inc. Announces 24.5% Increase in First Quarter 2015 Net Income; Quarterly Dividends
PR Newswire - Wed Apr 22, 1:56PM CDT
Heritage Bankshares, Inc. ("Heritage"; the "Company" (OTCQB: HBKS), the parent of Heritage Bank (the "Bank", today announced unaudited financial results for the first quarter of 2015.

Heritage Bankshares, Inc. Announces Record Full Year 2014 and Fourth Quarter 2014 Net Income; Quarterly Dividends
PR Newswire - Wed Jan 28, 1:54PM CST
Heritage Bankshares, Inc. ("Heritage"; the "Company" (OTCQB: HBKS), the parent of Heritage Bank (the "Bank", today announced unaudited financial results for the fourth quarter and the full year of 2014.



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