Heritage Oaks Bancp (HEOP) 8.07 $HEOP
Heritage Oaks Bancorp Reports Second Quarter Results
GlobeNewswire - Mon Aug 01, 3:18PM CDT
Heritage Oaks Bancorp ("Heritage Oaks" or the "Company"
(NASDAQ:HEOP), a bank holding company and parent of Heritage Oaks Bank (the "Bank", reported net income available to common shareholders of $4.2 million, or $0.12 per dilutive common share, for the second quarter of 2016 compared to net income available to common shareholders of $3.7 million, or $0.11 per dilutive common share, for the second quarter of 2015, and net income available to common shareholders of $4.0 million, or $0.12 per dilutive common share for the first quarter of 2016.
HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp posts 1Q profit
Automated Insights - Thu Apr 28, 5:41PM CDT
PASO ROBLES, Calif. (AP) _ Heritage Oaks Bancorp (HEOP) on Thursday reported first-quarter net income of $4 million.
HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp Reports First Quarter Results
GlobeNewswire - Thu Apr 28, 3:10PM CDT
Heritage Oaks Bancorp ("Heritage Oaks" or the "Company" (NASDAQ:HEOP), a bank holding company and parent of Heritage Oaks Bank (the "Bank", reported net income available to common shareholders of $4.0 million, or $0.12 per dilutive common share, for the first quarter of 2016 compared to net income available to common shareholders of $4.1 million, or $0.12 per dilutive common share, for the first quarter of 2015, and net income available to common shareholders of $3.5 million, or $0.10 per dilutive common share for the fourth quarter of 2015.
HEOP: 8.07 (-0.14)
Heritage Oaks (HEOP) Enters Overbought Territory
Zacks Equity Research - Zacks Investment Research - Tue Apr 19, 10:02AM CDT
Heritage Oaks Bancorp (HEOP) has moved higher as of late, but there could definitely be trouble on the horizon for this company
HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp Schedules First Quarter Conference Call
GlobeNewswire - Tue Mar 29, 3:10PM CDT
Heritage Oaks Bancorp, (Nasdaq:HEOP), the holding company of Heritage Oaks Bank, will host a conference call on Friday, April 29, 2016 at 8:00 a.m. Pacific Time to discuss its operating results for the first quarter ending March 31, 2016, which will be released after the close of business on Thursday, April 28, 2016. Interested parties can listen to the conference call by dialing (877) 363-5052 Conference ID: 78951937 or by webcast via Heritage Oaks Bancorp's website at www.heritageoaksbancorp.com under the "Investor Relations" section. Heritage Oaks Bancorp's operating results press release for the first quarter ending March 31, 2016 will be available under the "Investor Relations" section of Heritage Oaks Bancorp's website. A replay of the call will be available on Heritage Oaks Bancorp's website later that day and will remain on its site for up to 14 calendar days.
HEOP: 8.07 (-0.14)
Heritage Oaks Bank Announces Retirement of Rick Arredondo from the Position of President & Chief Banking Officer
GlobeNewswire - Mon Mar 28, 3:10PM CDT
Heritage Oaks Bank (the "Bank", the wholly owned subsidiary of Heritage Oaks Bancorp (the "Company" (Nasdaq:HEOP) announced that Rick Arredondo, its President and Chief Banking Officer would be retiring from banking to pursue other interests. Simone Lagomarsino, President and Chief Executive Officer of the Company and CEO of the Bank will reassume the position of President of the Bank immediately. It is anticipated that Mr. Arredondo will remain an employee of the Bank until April 29, 2016 and assist in the transition until his departure.
HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp Reports Fourth Quarter Results
GlobeNewswire - Mon Feb 01, 3:30PM CST
Heritage Oaks Bancorp ("Heritage Oaks" or the "Company" (NASDAQ:HEOP), a bank holding company and parent of Heritage Oaks Bank (the "Bank", reported net income available to common shareholders of $3.5 million, or $0.10 per dilutive common share, for the fourth quarter of 2015 compared to net income available to common shareholders of $4.2 million, or $0.13 per dilutive common share, for the fourth quarter of 2014, and net income available to common shareholders of $4.0 million, or $0.12 per dilutive common share for the third quarter of 2015. For the year ended December 31, 2015, net income available to common shareholders was $15.3 million, or $0.45 per dilutive common share compared with net income available to common shareholders of $8.8 million, or $0.27 per dilutive common share for the year ended December 31, 2014. Net income available to common shareholders for the year ended December 31, 2015 increased by $6.5 million, or 74% compared to 2014, and earnings per dilutive common share increased by 67%.
HEOP: 8.07 (-0.14)
Perception, Opportunity in Volatility - New Research on Park Sterling, Lumos Networks, Heritage Oaks and Farmers National Banc
ACCESSWIRE - Mon Jan 11, 6:55AM CST
NEW YORK, NY / ACCESSWIRE / January 11, 2016 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Park Sterling Corp. (NASDAQ: PSTB), Lumos Networks Corp. (NASDAQ: LMOS), Heritage Oaks Bancorp (NASDAQ: HEOP) and Farmers National Banc Corp. (NASDAQ: FMNB). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
FMNB: 9.97 (+0.11), HEOP: 8.07 (-0.14), LMOS: 13.75 (-0.21), PSTB: 8.48 (+0.06)
Heritage Oaks Bancorp Announces Amendment to Share Repurchase Program
GlobeNewswire - Wed Jan 06, 3:30PM CST
Heritage Oaks Bancorp (the "Company" (Nasdaq:HEOP), a bank holding company and the parent of Heritage Oaks Bank, announced today that it has amended its stock repurchase program to, among other things, extend the program beyond its originally disclosed January 31, 2016 expiration date. Under the amended plan, which is a written plan designed to be compliant with Rule 10b5-1 and Rule 10b-18, the Company may repurchase up to $5,000,000 of its outstanding common stock. Repurchase program activity pursuant to the amendments to the plan may commence on February 1, 2016 and continue until August 2, 2016, the amended plan's new expiration date, or expire earlier upon completion of the repurchase of $5,000,000 of the Company's common stock, as well as under certain other circumstances set forth in the amended plan. The Company has no obligation to repurchase any shares under this program and may suspend or discontinue it at any time. All shares repurchased as part of the repurchase program will be cancelled and therefore no longer available for reissuance.
HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp Schedules Fourth Quarter Conference Call
GlobeNewswire - Mon Jan 04, 3:10PM CST
Heritage Oaks Bancorp, (Nasdaq:HEOP), the holding company of Heritage Oaks Bank, will host a conference call on Tuesday, February 2, 2016 at 8:00 a.m. Pacific Standard Time to discuss its operating results for the fourth quarter and year ending December 31, 2015, which will be released after the close of business on Monday, February 1, 2016. Interested parties can listen to the conference call by dialing (877) 363-5052 Conference ID: 9667613 or by webcast via Heritage Oaks Bancorp's website at www.heritageoaksbancorp.com under the "Investor Relations" section. Heritage Oaks Bancorp's operating results press release for the fourth quarter and year ending December 31, 2015 will be available under the "Investor Relations" section of Heritage Oaks Bancorp's website. A replay of the call will be available on Heritage Oaks Bancorp's website later that day and will remain on its site for up to 14 calendar days.
HEOP: 8.07 (-0.14)
Exploring Movement in Price Data - Research on Heritage Oaks Bancorp, NACCO Industries, First Connecticut Bancorp, and QCR Holdings
ACCESSWIRE - Wed Dec 02, 6:51AM CST
NEW YORK, NY / ACCESSWIRE / December 2, 2015 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Heritage Oaks Bancorp (NASDAQ: HEOP), NACCO Industries Inc. (NYSE: NC), First Connecticut Bancorp Inc. (NASDAQ: FBNK) and QCR Holdings Inc. (NASDAQ: QCRH). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
FBNK: 17.52 (+0.01), HEOP: 8.07 (-0.14), QCRH: 31.22 (+0.49), NC: 66.54 (-1.01)
Heritage Oaks Bancorp Reports Third Quarter Results
GlobeNewswire - Thu Oct 29, 3:27PM CDT
Heritage Oaks Bancorp ("Heritage Oaks" or the "Company" (NASDAQ:HEOP), a bank holding company and parent of Heritage Oaks Bank (the "Bank", reported net income available to common shareholders of $4.0 million, or $0.12 per dilutive common share, for the third quarter of 2015, compared to net income available to common shareholders of $3.4 million, or $0.10 per dilutive common share, for the third quarter of 2014, and net income available to common shareholders of $3.7 million, or $0.11 per dilutive common share for the second quarter of 2015. Net income available to common shareholders for the current quarter increased by $0.6 million compared to the third quarter of 2014, and by $0.3 million compared to the linked quarter.
HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp Schedules Third Quarter Conference Call
GlobeNewswire - Mon Sep 28, 3:15PM CDT
Heritage Oaks Bancorp, (Nasdaq:HEOP), the holding company of Heritage Oaks Bank, will host a conference call on Friday, October 30, 2015 at 8:00 a.m. Pacific Standard Time to discuss its operating results for the third quarter ending September 30, 2015, which will be released after the close of business on Thursday, October 29, 2015. Interested parties can listen to the conference call by dialing (877) 363-5052 Conference ID: 50485256 or by webcast via Heritage Oaks Bancorp's website at www.heritageoaksbancorp.com under the "Investor Relations" section. Heritage Oaks Bancorp's operating results press release for the third quarter ending September 30, 2015 will be available under the "Investor Relations" section of Heritage Oaks Bancorp's website. A replay of the call will be available on Heritage Oaks Bancorp's website later that day and will remain on its site for up to 14 calendar days.
HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp Announces Resignation of Lonny Robinson From the Positions of Executive Vice President & Chief Financial Officer and Appointment of Jason Castle
GlobeNewswire - Wed Aug 19, 8:15AM CDT
Heritage Oaks Bancorp (the "Company", the holding company for Heritage Oaks Bank (the "Bank" (Nasdaq:HEOP), announced that the Company's and the Bank's Executive Vice President and Chief Financial Officer, Lonny Robinson, has tendered his resignation effective August 17, 2015.
HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp Schedules Second Quarter Conference Call
GlobeNewswire - Wed Jul 01, 3:20PM CDT
Heritage Oaks Bancorp, (Nasdaq:HEOP), the holding company of Heritage Oaks Bank, will host a conference call on Friday, July 24, 2015 at 8:00 a.m. Pacific Standard Time to discuss its operating results for the second quarter ending June 30, 2015, which will be released after the close of business on Thursday, July 23, 2015. Interested parties can listen to the conference call by dialing (877) 363-5052 Conference ID: 77798226 or by webcast via Heritage Oaks Bancorp's website at www.heritageoaksbancorp.com under the "Investor Relations" section. Heritage Oaks Bancorp's operating results press release for the second quarter ending June 30, 2015 will be available under the "Investor Relations" section of Heritage Oaks Bancorp's website. A replay of the call will be available on Heritage Oaks Bancorp's website later that day and will remain on its site for up to 14 calendar days.
HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp Announces Share Repurchase Program
GlobeNewswire - Thu Jun 04, 3:15PM CDT
Heritage Oaks Bancorp (the "Company" (Nasdaq:HEOP), a bank holding company and the parent of Heritage Oaks Bank, announced today that it has amended its stock repurchase program to, among other things, extend the program beyond its originally disclosed June 30, 2015 expiration date. Under the amended plan, which is a written plan designed to be compliant with Rule 10b5-1 and Rule 10b-18, the Company may repurchase up to $5,000,000 of its outstanding common stock. Repurchase program activity pursuant to the amendments to the plan may commence on July 1, 2015 and continue until January 31, 2016, the amended plan's new expiration date, or expire earlier upon completion of the repurchase of $5,000,000 of the Company's common stock, as well as under certain other circumstances set forth in the amended plan. The Company has no obligation to repurchase any shares under this program and may suspend or discontinue it at any time. All shares repurchased as part of the repurchase program will be cancelled and therefore no longer available for reissuance.
HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp Reports Second Quarter Results
GlobeNewswire - Mon Aug 01, 3:18PM CDT
Heritage Oaks Bancorp ("Heritage Oaks" or the "Company"
(NASDAQ:HEOP), a bank holding company and parent of Heritage Oaks Bank (the "Bank", reported net income available to common shareholders of $4.2 million, or $0.12 per dilutive common share, for the second quarter of 2016 compared to net income available to common shareholders of $3.7 million, or $0.11 per dilutive common share, for the second quarter of 2015, and net income available to common shareholders of $4.0 million, or $0.12 per dilutive common share for the first quarter of 2016. HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp posts 1Q profit
Automated Insights - Thu Apr 28, 5:41PM CDT
PASO ROBLES, Calif. (AP) _ Heritage Oaks Bancorp (HEOP) on Thursday reported first-quarter net income of $4 million.
HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp Reports First Quarter Results
GlobeNewswire - Thu Apr 28, 3:10PM CDT
Heritage Oaks Bancorp ("Heritage Oaks" or the "Company"
(NASDAQ:HEOP), a bank holding company and parent of Heritage Oaks Bank (the "Bank", reported net income available to common shareholders of $4.0 million, or $0.12 per dilutive common share, for the first quarter of 2016 compared to net income available to common shareholders of $4.1 million, or $0.12 per dilutive common share, for the first quarter of 2015, and net income available to common shareholders of $3.5 million, or $0.10 per dilutive common share for the fourth quarter of 2015. HEOP: 8.07 (-0.14)
Heritage Oaks (HEOP) Enters Overbought Territory
Zacks Equity Research - Zacks Investment Research - Tue Apr 19, 10:02AM CDT
Heritage Oaks Bancorp (HEOP) has moved higher as of late, but there could definitely be trouble on the horizon for this company
HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp Schedules First Quarter Conference Call
GlobeNewswire - Tue Mar 29, 3:10PM CDT
Heritage Oaks Bancorp, (Nasdaq:HEOP), the holding company of Heritage Oaks Bank, will host a conference call on Friday, April 29, 2016 at 8:00 a.m. Pacific Time to discuss its operating results for the first quarter ending March 31, 2016, which will be released after the close of business on Thursday, April 28, 2016. Interested parties can listen to the conference call by dialing (877) 363-5052 Conference ID: 78951937 or by webcast via Heritage Oaks Bancorp's website at www.heritageoaksbancorp.com under the "Investor Relations" section. Heritage Oaks Bancorp's operating results press release for the first quarter ending March 31, 2016 will be available under the "Investor Relations" section of Heritage Oaks Bancorp's website. A replay of the call will be available on Heritage Oaks Bancorp's website later that day and will remain on its site for up to 14 calendar days.
HEOP: 8.07 (-0.14)
Heritage Oaks Bank Announces Retirement of Rick Arredondo from the Position of President & Chief Banking Officer
GlobeNewswire - Mon Mar 28, 3:10PM CDT
Heritage Oaks Bank (the "Bank"
, the wholly owned subsidiary of Heritage Oaks Bancorp (the "Company" (Nasdaq:HEOP) announced that Rick Arredondo, its President and Chief Banking Officer would be retiring from banking to pursue other interests. Simone Lagomarsino, President and Chief Executive Officer of the Company and CEO of the Bank will reassume the position of President of the Bank immediately. It is anticipated that Mr. Arredondo will remain an employee of the Bank until April 29, 2016 and assist in the transition until his departure. HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp Reports Fourth Quarter Results
GlobeNewswire - Mon Feb 01, 3:30PM CST
Heritage Oaks Bancorp ("Heritage Oaks" or the "Company"
(NASDAQ:HEOP), a bank holding company and parent of Heritage Oaks Bank (the "Bank", reported net income available to common shareholders of $3.5 million, or $0.10 per dilutive common share, for the fourth quarter of 2015 compared to net income available to common shareholders of $4.2 million, or $0.13 per dilutive common share, for the fourth quarter of 2014, and net income available to common shareholders of $4.0 million, or $0.12 per dilutive common share for the third quarter of 2015. For the year ended December 31, 2015, net income available to common shareholders was $15.3 million, or $0.45 per dilutive common share compared with net income available to common shareholders of $8.8 million, or $0.27 per dilutive common share for the year ended December 31, 2014. Net income available to common shareholders for the year ended December 31, 2015 increased by $6.5 million, or 74% compared to 2014, and earnings per dilutive common share increased by 67%. HEOP: 8.07 (-0.14)
Perception, Opportunity in Volatility - New Research on Park Sterling, Lumos Networks, Heritage Oaks and Farmers National Banc
ACCESSWIRE - Mon Jan 11, 6:55AM CST
NEW YORK, NY / ACCESSWIRE / January 11, 2016 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Park Sterling Corp. (NASDAQ: PSTB), Lumos Networks Corp. (NASDAQ: LMOS), Heritage Oaks Bancorp (NASDAQ: HEOP) and Farmers National Banc Corp. (NASDAQ: FMNB). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
FMNB: 9.97 (+0.11), HEOP: 8.07 (-0.14), LMOS: 13.75 (-0.21), PSTB: 8.48 (+0.06)
Heritage Oaks Bancorp Announces Amendment to Share Repurchase Program
GlobeNewswire - Wed Jan 06, 3:30PM CST
Heritage Oaks Bancorp (the "Company"
(Nasdaq:HEOP), a bank holding company and the parent of Heritage Oaks Bank, announced today that it has amended its stock repurchase program to, among other things, extend the program beyond its originally disclosed January 31, 2016 expiration date. Under the amended plan, which is a written plan designed to be compliant with Rule 10b5-1 and Rule 10b-18, the Company may repurchase up to $5,000,000 of its outstanding common stock. Repurchase program activity pursuant to the amendments to the plan may commence on February 1, 2016 and continue until August 2, 2016, the amended plan's new expiration date, or expire earlier upon completion of the repurchase of $5,000,000 of the Company's common stock, as well as under certain other circumstances set forth in the amended plan. The Company has no obligation to repurchase any shares under this program and may suspend or discontinue it at any time. All shares repurchased as part of the repurchase program will be cancelled and therefore no longer available for reissuance. HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp Schedules Fourth Quarter Conference Call
GlobeNewswire - Mon Jan 04, 3:10PM CST
Heritage Oaks Bancorp, (Nasdaq:HEOP), the holding company of Heritage Oaks Bank, will host a conference call on Tuesday, February 2, 2016 at 8:00 a.m. Pacific Standard Time to discuss its operating results for the fourth quarter and year ending December 31, 2015, which will be released after the close of business on Monday, February 1, 2016. Interested parties can listen to the conference call by dialing (877) 363-5052 Conference ID: 9667613 or by webcast via Heritage Oaks Bancorp's website at www.heritageoaksbancorp.com under the "Investor Relations" section. Heritage Oaks Bancorp's operating results press release for the fourth quarter and year ending December 31, 2015 will be available under the "Investor Relations" section of Heritage Oaks Bancorp's website. A replay of the call will be available on Heritage Oaks Bancorp's website later that day and will remain on its site for up to 14 calendar days.
HEOP: 8.07 (-0.14)
Exploring Movement in Price Data - Research on Heritage Oaks Bancorp, NACCO Industries, First Connecticut Bancorp, and QCR Holdings
ACCESSWIRE - Wed Dec 02, 6:51AM CST
NEW YORK, NY / ACCESSWIRE / December 2, 2015 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Heritage Oaks Bancorp (NASDAQ: HEOP), NACCO Industries Inc. (NYSE: NC), First Connecticut Bancorp Inc. (NASDAQ: FBNK) and QCR Holdings Inc. (NASDAQ: QCRH). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
FBNK: 17.52 (+0.01), HEOP: 8.07 (-0.14), QCRH: 31.22 (+0.49), NC: 66.54 (-1.01)
Heritage Oaks Bancorp Reports Third Quarter Results
GlobeNewswire - Thu Oct 29, 3:27PM CDT
Heritage Oaks Bancorp ("Heritage Oaks" or the "Company"
(NASDAQ:HEOP), a bank holding company and parent of Heritage Oaks Bank (the "Bank", reported net income available to common shareholders of $4.0 million, or $0.12 per dilutive common share, for the third quarter of 2015, compared to net income available to common shareholders of $3.4 million, or $0.10 per dilutive common share, for the third quarter of 2014, and net income available to common shareholders of $3.7 million, or $0.11 per dilutive common share for the second quarter of 2015. Net income available to common shareholders for the current quarter increased by $0.6 million compared to the third quarter of 2014, and by $0.3 million compared to the linked quarter. HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp Schedules Third Quarter Conference Call
GlobeNewswire - Mon Sep 28, 3:15PM CDT
Heritage Oaks Bancorp, (Nasdaq:HEOP), the holding company of Heritage Oaks Bank, will host a conference call on Friday, October 30, 2015 at 8:00 a.m. Pacific Standard Time to discuss its operating results for the third quarter ending September 30, 2015, which will be released after the close of business on Thursday, October 29, 2015. Interested parties can listen to the conference call by dialing (877) 363-5052 Conference ID: 50485256 or by webcast via Heritage Oaks Bancorp's website at www.heritageoaksbancorp.com under the "Investor Relations" section. Heritage Oaks Bancorp's operating results press release for the third quarter ending September 30, 2015 will be available under the "Investor Relations" section of Heritage Oaks Bancorp's website. A replay of the call will be available on Heritage Oaks Bancorp's website later that day and will remain on its site for up to 14 calendar days.
HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp Announces Resignation of Lonny Robinson From the Positions of Executive Vice President & Chief Financial Officer and Appointment of Jason Castle
GlobeNewswire - Wed Aug 19, 8:15AM CDT
Heritage Oaks Bancorp (the "Company"
, the holding company for Heritage Oaks Bank (the "Bank" (Nasdaq:HEOP), announced that the Company's and the Bank's Executive Vice President and Chief Financial Officer, Lonny Robinson, has tendered his resignation effective August 17, 2015. HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp Schedules Second Quarter Conference Call
GlobeNewswire - Wed Jul 01, 3:20PM CDT
Heritage Oaks Bancorp, (Nasdaq:HEOP), the holding company of Heritage Oaks Bank, will host a conference call on Friday, July 24, 2015 at 8:00 a.m. Pacific Standard Time to discuss its operating results for the second quarter ending June 30, 2015, which will be released after the close of business on Thursday, July 23, 2015. Interested parties can listen to the conference call by dialing (877) 363-5052 Conference ID: 77798226 or by webcast via Heritage Oaks Bancorp's website at www.heritageoaksbancorp.com under the "Investor Relations" section. Heritage Oaks Bancorp's operating results press release for the second quarter ending June 30, 2015 will be available under the "Investor Relations" section of Heritage Oaks Bancorp's website. A replay of the call will be available on Heritage Oaks Bancorp's website later that day and will remain on its site for up to 14 calendar days.
HEOP: 8.07 (-0.14)
Heritage Oaks Bancorp Announces Share Repurchase Program
GlobeNewswire - Thu Jun 04, 3:15PM CDT
Heritage Oaks Bancorp (the "Company"
(Nasdaq:HEOP), a bank holding company and the parent of Heritage Oaks Bank, announced today that it has amended its stock repurchase program to, among other things, extend the program beyond its originally disclosed June 30, 2015 expiration date. Under the amended plan, which is a written plan designed to be compliant with Rule 10b5-1 and Rule 10b-18, the Company may repurchase up to $5,000,000 of its outstanding common stock. Repurchase program activity pursuant to the amendments to the plan may commence on July 1, 2015 and continue until January 31, 2016, the amended plan's new expiration date, or expire earlier upon completion of the repurchase of $5,000,000 of the Company's common stock, as well as under certain other circumstances set forth in the amended plan. The Company has no obligation to repurchase any shares under this program and may suspend or discontinue it at any time. All shares repurchased as part of the repurchase program will be cancelled and therefore no longer available for reissuance. HEOP: 8.07 (-0.14)
