Clarkston Financial Corporation (CKFC) 3.8500 $CKFC
Clarkston Financial Corporation Reports 2016 Q1 Results
GlobeNewswire - Thu Apr 21, 1:14PM CDT
Clarkston Financial Corporation ("Corporation"
(OTCBB:CKFC), the holding company for Clarkston State Bank ("Bank", today reported a net income of $195,000 or $0.06 per share for the three months ended March 31, 2016, compared to net income of $252,000 or $0.07 per share for the three months ended March 31, 2015. The decrease in income is directly related to a one time gain recognized in the first quarter of 2015. Adjusting for the gain, the corporation realized an increase in net income of $155,000 quarter over quarter.
Clarkston State Bank Announces the Addition of Barry Boozan as SBA Lending Specialist
GlobeNewswire - Mon Mar 07, 8:54AM CST
Clarkston State Bank is pleased to announce the addition of Barry Boozan to their commercial lending team. As the Bank's SBA Lending Specialist, Barry's main focus will be assisting businesses achieve their financing needs with loans backed by the Small Business Administration (SBA). In an effort to provide a variety of options to its commercial clientele, the SBA loans are an alternative funding source versus conventional loans. SBA loans allow for less equity to be put into a project and longer amortizations on the loan; resulting in business owners being able to use their cash to grow revenue for their business.
Clarkston State Bank Announces New Board Members
GlobeNewswire - Tue Feb 09, 8:00AM CST
Clarkston State Bank is pleased to announce the addition of two new board members; Jeffrey Hakala and Gregory L. Wysocki.
Clarkston Financial Corporation Reports 2014 Results
GlobeNewswire - Tue Feb 10, 3:19PM CST
Clarkston Financial Corporation ("Corporation" (OTCBB:CKFC), the holding company for Clarkston State Bank ("Bank", today reported net income of $926,000 or $0.29 per share for the three months ended December 31, 2014, compared to net income of $5,016,000 or $1.55 per share for the three months ended December 31, 2013. For the twelve months ended December 31, 2014, the corporation reported net income of $1,736,000 or $0.59 per share compared to a net income of $5,502,000 or $1.70 per share for the same period in 2013. The decrease in earnings year over year is directly attributable to the tax effects of reversing the valuation allowance against the deferred tax asset made in 2013 and 2014. Pretax net income for the twelve months ended December 31, 2014 was $1,078,000 compared to $945,000 for December 31, 2013. This represents a year over year increase of $133,000 or 14.07% in pretax income for the Corporation.
Clarkston Financial Corporation Reports 2016 Q1 Results
GlobeNewswire - Thu Apr 21, 1:14PM CDT
Clarkston Financial Corporation ("Corporation"
(OTCBB:CKFC), the holding company for Clarkston State Bank ("Bank", today reported a net income of $195,000 or $0.06 per share for the three months ended March 31, 2016, compared to net income of $252,000 or $0.07 per share for the three months ended March 31, 2015. The decrease in income is directly related to a one time gain recognized in the first quarter of 2015. Adjusting for the gain, the corporation realized an increase in net income of $155,000 quarter over quarter. Clarkston State Bank Announces the Addition of Barry Boozan as SBA Lending Specialist
GlobeNewswire - Mon Mar 07, 8:54AM CST
Clarkston State Bank is pleased to announce the addition of Barry Boozan to their commercial lending team. As the Bank's SBA Lending Specialist, Barry's main focus will be assisting businesses achieve their financing needs with loans backed by the Small Business Administration (SBA). In an effort to provide a variety of options to its commercial clientele, the SBA loans are an alternative funding source versus conventional loans. SBA loans allow for less equity to be put into a project and longer amortizations on the loan; resulting in business owners being able to use their cash to grow revenue for their business.
Clarkston State Bank Announces New Board Members
GlobeNewswire - Tue Feb 09, 8:00AM CST
Clarkston State Bank is pleased to announce the addition of two new board members; Jeffrey Hakala and Gregory L. Wysocki.
Clarkston Financial Corporation Reports 2014 Results
GlobeNewswire - Tue Feb 10, 3:19PM CST
Clarkston Financial Corporation ("Corporation"
(OTCBB:CKFC), the holding company for Clarkston State Bank ("Bank", today reported net income of $926,000 or $0.29 per share for the three months ended December 31, 2014, compared to net income of $5,016,000 or $1.55 per share for the three months ended December 31, 2013. For the twelve months ended December 31, 2014, the corporation reported net income of $1,736,000 or $0.59 per share compared to a net income of $5,502,000 or $1.70 per share for the same period in 2013. The decrease in earnings year over year is directly attributable to the tax effects of reversing the valuation allowance against the deferred tax asset made in 2013 and 2014. Pretax net income for the twelve months ended December 31, 2014 was $1,078,000 compared to $945,000 for December 31, 2013. This represents a year over year increase of $133,000 or 14.07% in pretax income for the Corporation. 
