New Jersey Community Bank (NJCB) 3.7600 $NJCB N
Post# of 273242
New Jersey Community Bank Announces Termination of Regulatory Orders and Changes to Board Membership
Marketwired - Tue Aug 09, 10:00AM CDT
FREEHOLD, NJ--(Marketwired - Aug 9, 2016) - New Jersey Community Bank (OTCQB: NJCB) (the "Bank" announced today that the Federal Deposit Insurance Corporation and the New Jersey Department of Banking and Insurance had terminated the two consent orders entered into between the Bank and the two regulatory agencies. The first order had been entered into effective March 24, 2014 and the second order, focused on improving certain compliance functions, was effective July 29, 2015.
New Jersey Community Bank Reports Second Quarter 2016 Results
Marketwire Canada - Thu Aug 04, 4:34PM CDT
FREEHOLD, NJ--(Marketwired - Aug 4, 2016) - New Jersey Community Bank (OTCQB: NJCB) (the "Bank" reported a net loss of $580 thousand, or ($0.30) per common share for the three months ended June 30, 2016, compared to a net loss of $41 thousand, or ($0.02) per common share in the second quarter of 2015. For the first six months of 2016, the Bank reported net loss of $863 thousand, or ($0.45) per common share compared with a net loss of $87 thousand, or ($0.05) per common share for the same period in the prior year. The losses for first six months and the second quarter 2016 were negatively impacted by higher level of consulting expense associated with complying with the Consent Orders among the Bank, the FDIC and the NJ Department of Banking and Insurance during 2016.
New Jersey Community Bank Reports First Quarter 2016 Results
Marketwire Canada - Mon May 09, 3:00PM CDT
FREEHOLD, NJ--(Marketwired - May 9, 2016) - New Jersey Community Bank (OTCQB: NJCB) (the "Bank" reported a net loss of $283 thousand, or ($0.15) per share for the three months ended March 31, 2016, compared with a net loss of $46 thousand, or ($0.02) per share for the same period in the prior year.
New Jersey Community Bank Announces Closure of Its Cranbury, New Jersey Office
Marketwired - Mon Apr 18, 4:26PM CDT
New Jersey Community Bank (OTCQB: NJCB) announced today the closing of its Cranbury, New Jersey branch located at 68 South Main Street, Cranbury, New Jersey. The anticipated closing date is Friday, July 29, 2016.
New Jersey Community Bank Reports Third Quarter 2015 Results
Marketwired - Wed Nov 25, 2:57PM CST
New Jersey Community Bank (OTCQB: NJCB) (the "Bank" reported a net loss of $481 thousand, or ($0.25) per common share for the three months ended September 30, 2015, compared to earnings of $12 thousand, or $0.01 per common share in the third quarter of 2014. For the first nine months of 2015, the Bank reported net loss of $568 thousand, or ($0.30) per common share compared with net income of $54 thousand, or $0.03 per common share for the same period in the prior year. The Bank's results for the first nine months and the third quarter 2015 were negatively impacted by $695 thousand in provision for loan and lease losses recorded in the third quarter 2015 related to the resolution of troubled loans originated prior to the change in senior management in 2015.
New Jersey Community Bank Reports Second Quarter 2015 Results; Management Changes
Marketwired - Tue Aug 18, 11:15AM CDT
New Jersey Community Bank (OTCQB: NJCB) (the "Bank" reported a net loss of $41 thousand, or ($0.02) per common share for the three months ended June 30, 2015, compared to earnings of $51 thousand, or $0.03 per common share in the second quarter of 2014. For the first six months of 2015, the Bank reported net loss of $87 thousand, or ($0.05) per common share compared with net income of $42 thousand, or $0.02 per common share for the same period in the prior year. The earnings for first six months and the second quarter 2014 were positively impacted by a reversal of $500 thousand in litigation expense recorded at year-end 2013, as the Bank reached a settlement ending the legal proceeding.
New Jersey Community Bank Announces Management Reorganization
ACCESSWIRE - Thu Apr 30, 1:15PM CDT
FREEHOLD, NJ / ACCESSWIRE / April 30, 2015 / New Jersey Community Bank (the "Bank" (OTCQB: NJCB), announced today a reorganization of the Bank's management structure. Chairman and Chief Executive Officer and Bank founder Robert D. O'Donnell is retiring as Chief Executive Officer of the Bank. He will remain as Chairman of the Board and an executive employee of the Bank.
New Jersey Community Bank Reports Fourth Quarter and Full Year Results for 2014
ACCESSWIRE - Mon Mar 23, 4:16PM CDT
FREEHOLD, NJ / ACCESSWIRE / March 23, 2015 / New Jersey Community Bank (OTCQB: NJCB) (the "Bank" reported net loss of $123 thousand, or $(0.06) per common share for the three months ended December 31, 2014, compared to the fourth quarter 2013 net loss of $1.6 million, or $(0.82) per common share. For the year 2014, the Bank reported net loss of $68 thousand, or $(0.04) per common share compared with net loss of $1.2 million, or $(0.65) per common share for the year 2013.