York Traditions Bank (YRKB) 12.9000 $YRKB York
Post# of 273254
York Traditions Bank Announces Timeline For CEO Transition
PR Newswire - Wed May 25, 5:05AM CDT
York Traditions Bank (OTC Pink: YRKB), headquartered at 226 Pauline Drive in York Township, announced Tuesday to its Associate base that the succession plan put in motion last year will move into its next phase with the turn of the calendar year.
York Traditions Bank Reports 1st Quarter Earnings
PR Newswire - Tue Apr 19, 4:00AM CDT
York Traditions Bank (OTC Pink: YRKB) reported net income available to common shareholders of $675,000, or 31 cents per share, for the first quarter ended March 31, 2016, compared to $521,000, or 24 cents per share, for the first quarter ended March 31, 2015. This represents a 30% increase over the first quarter of 2015. Book value per common share stood at $13.85 at March 31, 2016.
York Traditions Bank reports Q4 2015
M2 - Wed Feb 03, 7:46AM CST
York Traditions Bank (OTC Pink: YRKB) has reported net income of USD494,000 or USD0.23 per share available to common shareholders of USD494,000, or USD0.23 per share, for the fourth quarter ended December 31, 2015, compared to USD354,000, or USD0.16 per share, for the fourth quarter ended December 31, 2014, representing a 39.5 percent increase over the fourth quarter of 2014, the company said. Net income available to common shareholders for the year ended December 31, 2015 was USD1,983,000, or USD0.91 per share, compared to USD1,873,000, or USD0.87 per share, for last year. This represents a USD110,000, or 5.9 percent, increase. On March 27, 2015, the bank completed a USD5 million aggregate principal amount of subordinated notes due March 27, 2025 with a 6.25 percent interest rate. The bank also repaid USD5,115,000 of preferred stock on March 31, 2015 as part of the United States Treasury's Small Business Lending Fund (SBLF).
York Traditions Bank Reports 4th Quarter Earnings
PR Newswire - Wed Jan 27, 4:50AM CST
York Traditions Bank (OTC Pink: YRKB) reported net income available to common shareholders of $494,000, or 23 cents per share, for the fourth quarter ended December 31, 2015, compared to $354,000, or 16 cents per share, for the fourth quarter ended December 31, 2014. This represents a 39.5% increase over the fourth quarter of 2014. Net income available to common shareholders for the year ended December 31, 2015 was $1,983,000, or 91 cents per share, compared to $1,873,000, or 87 cents per share, for last year. This represents a $110,000, or 5.9%, increase. Book value per common share stood at $13.53 at December 31, 2015.
York Traditions Bank Adds New Retail Director, Expands Wealth Management
PR Newswire - Fri Jul 24, 10:17AM CDT
York Traditions Bank (OTC Pink: YRKB), headquartered at 226 Pauline Drive in York Township, announces the addition of Cheryl L. Riebling to their team as Director of Personal Banking. In this capacity, Cheryl will lead all Personal Banking functions and activities, while overseeing the branch network.
York Traditions Bank Reports 2nd Quarter Earnings
PR Newswire - Wed Jul 22, 3:56PM CDT
York Traditions Bank (OTC Pink: YRKB) reported net income available to common shareholders of $497,000, or 23 cents per share, for the second quarter ended June 30, 2015, compared to $535,000, or 25 cents per share, for the second quarter ended June 30, 2014. This represents a $38,000, or 7%, decrease. Net income available to common shareholders for the six months ended June 30, 2015 was $1,018,000 or 47 cents per share, compared to $911,000, or 42 cents per share, for the same period last year. This represents a $107,000, or 12%, increase. Book value per common share stood at $13.08 at June 30, 2015.
Ambassador Financial Group, Inc. Announces $5 Million Private Placement of Subordinated Debt on Behalf of York Traditions Bank
Marketwired - Wed Apr 01, 8:43AM CDT
Ambassador Financial Group, Inc. today announced the successful completion of a $5 million private placement of subordinated notes for York Traditions Bank (OTC PINK: YRKB), headquartered in York, Pennsylvania, in which it served as the exclusive placement agent. The interest bearing notes, placed with accredited institutional investors, have a maturity date of March 27, 2025 and carry a 6.25% interest rate, to be paid quarterly, with a right of prepayment on or after March 27, 2020.
York Traditions Bank Announces Completion of $5 Million Subordinated Debt Sale and Repayment of Small Business Lending Fund Preferred Stock
PR Newswire - Wed Apr 01, 6:45AM CDT
York Traditions Bank (OTC Pink: YRKB) announced the March 27, 2015 completion of a $5 million aggregate principal amount of subordinated notes due March 27, 2025 with a 6.25% interest rate. The notes include a right of prepayment on or after March 27, 2020 and qualify as Tier 2 capital. The interest bearing notes represented a private placement with accredited institutional investors.
York Traditions Bank Announces One Of Its Own Will Become President
PR Newswire - Wed Mar 25, 3:31PM CDT
York Traditions Bank (OTC Pink: YRKB), headquartered at 226 Pauline Drive in York Township, has grown to over $300 million in assets with five branches across York County. The Bank's Associate base has now also reached the one hundred mark, and during an organization meeting this week, Michael E. Kochenour, Founder, Chairman, President and CEO, shared how his vision for the Bank has always extended for the long term. As part of an effective succession plan to ensure leadership continuity for the organization and all stakeholders, Kochenour announced Eugene J. Draganosky's promotion to President, effective April 1, 2015.
York Traditions Bank adds Elizabeth F. Carson to Board of Directors
PR Newswire - Wed Feb 18, 1:27PM CST
York Traditions Bank (OTC Pink: YRKB) has announced the addition of Elizabeth "Betty" Carson to their Board of Directors as the Bank continues to strategically build for the future. Since August 2014, Betty Carson has been a key member of the Bank's Hanover Advisory Board. She was officially elected as York Traditions Bank's tenth Director at the January 2015 Board meeting.
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