Harvard Illinois Bancorp Inc (HARI) 16.1000 $HARI
Post# of 273322
Posted On: 09/23/2016 3:15:35 AM
Harvard Illinois Bancorp Inc (HARI) 16.1000 $HARI
Harvard Illinois Bancorp, Inc. Enters Into Settlement Agreement
PR Newswire - Thu Aug 11, 8:59AM CDT
Harvard Illinois Bancorp, Inc. (the "Company"
today announced that it has entered into a Settlement Agreement (the "Agreement" with Stilwell Value Partners VII, L.P., Stilwell Activist Investments, L.P., Stilwell Partners, L.P., Stilwell Value LLC, and Joseph Stilwell, an individual (collectively, "The Stilwell Group," and each individually, a "Stilwell Group Member", pursuant to which, among other things, the Company has agreed to reduce the number of its directors by two, whether through resignations or a decision not to renominate, effective at the completion of the 2016 Annual Meeting of Stockholders (the "Meeting".
Harvard Illinois Bancorp, Inc. Announces Completion Of Purchase And Assumption Transaction Of Harvard Savings Bank
PR Newswire - Mon Aug 01, 12:01PM CDT
Harvard Illinois Bancorp, Inc. (the "Company" today announced the completion of the purchase and assumption transaction in which Harvard Savings Bank, the former subsidiary of the Company, sold substantially all of its assets and transferred substantially all of its liabilities to State Bank, Wonder Lake, Illinois, a wholly-owned subsidiary of Wonder Bancorp, Inc. The initial purchase price was $7.77 million, representing a preliminary estimate of Harvard Savings Bank's adjusted tangible book value of the assets and liabilities acquired by State Bank as of July 31, 2016, adjusted for certain expenses, plus a premium of $3.0 million. An additional $300,000 has been held back pending calculation of final amounts payable. The assets that Harvard Savings Bank did not transfer consisted primarily of certain deferred tax assets and pre-paid expenses, and judgments, awards, claims, reimbursements, payments, distributions and all other rights related to Harvard Savings Bank's investment in securities issued by Pennant Management, Inc. and the related litigation. Following completion of the transaction, Harvard Savings Bank was merged with and into the Company, and the assets of the Company consist of the cash received from State Bank plus the assets that were not transferred, offset by approximately $2.3 million of liabilities.
Harvard Illinois Bancorp, Inc. Announces Quarterly Earnings And Date Of Annual Meeting Of Stockholders
PR Newswire - Thu May 12, 3:01PM CDT
Harvard Illinois Bancorp, Inc. (the "Company" (OTC: HARI), the holding company for Harvard Savings Bank (the "Bank", announced today its unaudited results of operations for the three months ended March 31, 2016.
The State Bank Group And Harvard Illinois Bancorp, Inc. Announce Receipt Of Regulatory Approvals For Pending Sale Of Harvard Savings Bank
PR Newswire - Fri Apr 15, 4:48PM CDT
The State Bank Group and Harvard Illinois Bancorp, Inc. announced today that all regulatory approvals required to complete the pending sale of Harvard Savings Bank, the wholly owned subsidiary of Harvard Illinois Bancorp, Inc., have been received. Pursuant to the purchase and assumption agreement dated May 20, 2015, State Bank, a wholly owned subsidiary of The State Bank Group's holding company, Wonder Bancorp, Inc., will acquire substantially all of the assets, and assume substantially all of the liabilities, of Harvard Savings Bank, including all of Harvard Savings Bank's deposit liabilities. The assets that are excluded from the transaction consist primarily of rights related to Harvard Savings Bank's $18.1 million investment in loan repurchase agreements managed by Pennant Management, Inc. and related litigation and certain tax assets and pre-paid expenses, the net book value of which totaled approximately $8.2 million at December 31, 2015.
Harvard Illinois Bancorp, Inc. Announces Quarterly Earnings
PR Newswire - Fri Nov 13, 3:01PM CST
Harvard Illinois Bancorp, Inc. (the "Company" (OTC: HARI), the holding company for Harvard Savings Bank (the "Bank", announced today its unaudited results of operations for the three months and nine months ended September 30, 2015.
Harvard Illinois Bancorp, Inc. Announces Agreement For Sale Of Harvard Savings Bank And Change In Date Of Annual Meeting Of Stockholders
PR Newswire - Thu May 21, 8:15AM CDT
Purchase and Assumption Agreement
Harvard Illinois Bancorp, Inc. Announces Date of 2015 Annual Meeting of Stockholders
PR Newswire - Mon Apr 13, 10:50AM CDT
Harvard Illinois Bancorp, Inc. (the "Company", (OTC: HARI) announced today that the Company's 2015 Annual Meeting of Stockholders will be held on Thursday, June 25, 2015.
Harvard Illinois Bancorp, Inc. Announces Results of Operations
PR Newswire - Wed Feb 04, 5:25PM CST
Harvard Illinois Bancorp, Inc. (the "Company" (OTC: HARI), the holding company for Harvard Savings Bank (the "Bank", announced today its unaudited results of operations for the three months and year ended December 31, 2014.
Harvard Illinois Bancorp, Inc. Enters Into Settlement Agreement
PR Newswire - Thu Aug 11, 8:59AM CDT
Harvard Illinois Bancorp, Inc. (the "Company"
today announced that it has entered into a Settlement Agreement (the "Agreement" with Stilwell Value Partners VII, L.P., Stilwell Activist Investments, L.P., Stilwell Partners, L.P., Stilwell Value LLC, and Joseph Stilwell, an individual (collectively, "The Stilwell Group," and each individually, a "Stilwell Group Member", pursuant to which, among other things, the Company has agreed to reduce the number of its directors by two, whether through resignations or a decision not to renominate, effective at the completion of the 2016 Annual Meeting of Stockholders (the "Meeting". Harvard Illinois Bancorp, Inc. Announces Completion Of Purchase And Assumption Transaction Of Harvard Savings Bank
PR Newswire - Mon Aug 01, 12:01PM CDT
Harvard Illinois Bancorp, Inc. (the "Company"
today announced the completion of the purchase and assumption transaction in which Harvard Savings Bank, the former subsidiary of the Company, sold substantially all of its assets and transferred substantially all of its liabilities to State Bank, Wonder Lake, Illinois, a wholly-owned subsidiary of Wonder Bancorp, Inc. The initial purchase price was $7.77 million, representing a preliminary estimate of Harvard Savings Bank's adjusted tangible book value of the assets and liabilities acquired by State Bank as of July 31, 2016, adjusted for certain expenses, plus a premium of $3.0 million. An additional $300,000 has been held back pending calculation of final amounts payable. The assets that Harvard Savings Bank did not transfer consisted primarily of certain deferred tax assets and pre-paid expenses, and judgments, awards, claims, reimbursements, payments, distributions and all other rights related to Harvard Savings Bank's investment in securities issued by Pennant Management, Inc. and the related litigation. Following completion of the transaction, Harvard Savings Bank was merged with and into the Company, and the assets of the Company consist of the cash received from State Bank plus the assets that were not transferred, offset by approximately $2.3 million of liabilities. Harvard Illinois Bancorp, Inc. Announces Quarterly Earnings And Date Of Annual Meeting Of Stockholders
PR Newswire - Thu May 12, 3:01PM CDT
Harvard Illinois Bancorp, Inc. (the "Company"
(OTC: HARI), the holding company for Harvard Savings Bank (the "Bank", announced today its unaudited results of operations for the three months ended March 31, 2016. The State Bank Group And Harvard Illinois Bancorp, Inc. Announce Receipt Of Regulatory Approvals For Pending Sale Of Harvard Savings Bank
PR Newswire - Fri Apr 15, 4:48PM CDT
The State Bank Group and Harvard Illinois Bancorp, Inc. announced today that all regulatory approvals required to complete the pending sale of Harvard Savings Bank, the wholly owned subsidiary of Harvard Illinois Bancorp, Inc., have been received. Pursuant to the purchase and assumption agreement dated May 20, 2015, State Bank, a wholly owned subsidiary of The State Bank Group's holding company, Wonder Bancorp, Inc., will acquire substantially all of the assets, and assume substantially all of the liabilities, of Harvard Savings Bank, including all of Harvard Savings Bank's deposit liabilities. The assets that are excluded from the transaction consist primarily of rights related to Harvard Savings Bank's $18.1 million investment in loan repurchase agreements managed by Pennant Management, Inc. and related litigation and certain tax assets and pre-paid expenses, the net book value of which totaled approximately $8.2 million at December 31, 2015.
Harvard Illinois Bancorp, Inc. Announces Quarterly Earnings
PR Newswire - Fri Nov 13, 3:01PM CST
Harvard Illinois Bancorp, Inc. (the "Company"
(OTC: HARI), the holding company for Harvard Savings Bank (the "Bank", announced today its unaudited results of operations for the three months and nine months ended September 30, 2015. Harvard Illinois Bancorp, Inc. Announces Agreement For Sale Of Harvard Savings Bank And Change In Date Of Annual Meeting Of Stockholders
PR Newswire - Thu May 21, 8:15AM CDT
Purchase and Assumption Agreement
Harvard Illinois Bancorp, Inc. Announces Date of 2015 Annual Meeting of Stockholders
PR Newswire - Mon Apr 13, 10:50AM CDT
Harvard Illinois Bancorp, Inc. (the "Company"
, (OTC: HARI) announced today that the Company's 2015 Annual Meeting of Stockholders will be held on Thursday, June 25, 2015. Harvard Illinois Bancorp, Inc. Announces Results of Operations
PR Newswire - Wed Feb 04, 5:25PM CST
Harvard Illinois Bancorp, Inc. (the "Company"
(OTC: HARI), the holding company for Harvard Savings Bank (the "Bank", announced today its unaudited results of operations for the three months and year ended December 31, 2014. 
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