FEDERAL DEPOSIT INSURANCE CORPORATION Washington, DC FORM 8-K
|
|
- Randolf Boyd
- 8 years ago
- Views:
Transcription
1 FEDERAL DEPOSIT INSURANCE CORPORATION Washington, DC FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) October 16, 2003 People s Bank (Exact name of registrant as specified in its charter) Connecticut (State or other jurisdiction of incorporation) (FDIC Certificate Number) (IRS Employer Identification No.) 850 Main Street, Bridgeport, CT (Address of principal executive offices) Registrant s telephone number, including area code (Zip Code) (203) Not Applicable (Former name or former address, if changed since last report)
2 Item 7. Financial Statements, Pro Forma Financial Information and Exhibits (c) The following Exhibit is submitted herewith. Exhibit No. Description 99.1 Press Release dated October 16, 2003 Item 12. Results of Operations and Financial Condition. On October 16, 2003, People s Bank issued a press release, announcing its results of operations for the three- and nine-month periods ended September 30, A copy of that press release is attached hereto as Exhibit The information contained in and accompanying this Form 8-K is being furnished to the Federal Deposit Insurance Corporation in accordance with General Instruction B.6 to Form 8-K.
3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. People s Bank (Registrant) Date: October 16, 2003 By: /s/ Vincent J. Calabrese (Signature) Name: Vincent J. Calabrese Title: Senior Vice President and Controller
4 EXHIBIT INDEX Exhibit No. Description Page 99.1 Press Release dated October 16,
5 EXHIBIT 99.1 Press Release dated October 16, 2003
6 NEWS RELEASE Vincent J. Calabrese Senior Vice President Controller Fax: Valerie C. Carlson Corporate Communications Fax: FOR IMMEDIATE RELEASE OCTOBER 16, 2003 PEOPLE'S BANK REPORTS THIRD QUARTER EARNINGS OF $15 MILLION OR $0.24 PER SHARE BRIDGEPORT, CONN. People's Bank (NASDAQ: PBCT), a $12 billion financial services company, today announced net income of $14.9 million, or $0.24 per share, for the third quarter of 2003, compared to $14.8 million, or $0.24 per share, for the third quarter of For the nine months ended Sept. 30, 2003, net income totaled $46.4 million, or $0.75 per share, compared to $38.3 million, or $0.62 per share, for the year-ago period, a 21 percent increase. People's Board of Directors declared a $0.39 per share quarterly dividend on People's common stock, payable Nov. 15, 2003, to stockholders of record on Nov. 1, People's Mutual Holdings, which owns 36.5 million shares of People's Bank common stock, will accept dividends on only 3 percent of its shares. Based on the closing stock price on Oct. 15, 2003, the dividend yield on People's common stock is 4.9 percent. "We are pleased to report strong growth in our lending businesses combined with continued solid growth in core deposits," said John A. Klein, president and chief executive officer. "Bottom-line results on a year-over-year basis continue to be affected by the low-interest rate environment as our net interest margin remains under pressure, thereby tempering the positive effect of loan and deposit growth on net income." Klein continued, "Our credit card business continued to make meaningful progress this quarter. Results for the quarter were characterized by year-over-year average portfolio growth of $350 million, or 18 percent, and continued improvement in asset quality." Net charge-offs for the current quarter improved by $10.7 million compared to the third quarter of 2002 and the net charge-off rate declined by 301 basis points to 4.76 percent. Delinquencies showed similar results with a decrease of $25.8 million on a year-over-year basis and an improvement in the delinquency rate of 185 basis points to 2.68 percent. "Our Connecticut franchise also exhibited significant growth, with average commercial and consumer non-interest-bearing deposits up 16 percent and 13 percent, respectively," said Klein. "Our residential mortgage operation in particular posted strong results in today's low-interest rate environment with record originations of over $1 billion, almost double the year-ago quarter, and gains from sales of fixed-rate loans of $4.9 million, three times the level generated a year ago." -- more --
7 People's Reports 3Q Earnings Page 2 People's continued to grow core deposits with average savings and money market deposits increasing $474 million, or 13 percent, compared to the third quarter of 2002, and average total non-interest-bearing deposits increasing $275 million, or 15 percent. Contributing to these results was an increase in supermarket branches' core deposits of $165 million, or 10 percent. Other line of business highlights included growth in average commercial banking loans of $228 million, or 8 percent, and growth in average Connecticut consumer loans of $85 million, or 13 percent; both as compared to the third quarter of Commenting further on asset quality, Philip R. Sherringham, executive vice president and chief financial officer, said, "Asset quality in the Connecticut loan portfolios remains strong, which is particularly important in this economic environment. Third quarter results for these portfolios reflected net charge-offs of $0.7 million. As a percent of the Connecticut portfolios, net chargeoffs represented only 4 basis points. "With respect to balance sheet management, the combined average securities and short-term investments portfolio was reduced by $395 million and $743 million compared to the second quarter of 2003 and third quarter of 2002, respectively," added Sherringham. "With interest rates at historically low levels, we decided not to fully reinvest proceeds from debt securities that matured given the current risk/reward relationship. While this decision reduced our near-term earnings outlook for 2003, it better positions the bank for a rising interest rate environment." A comprehensive review of People's credit card securitization program during the third quarter resulted in a technical reclassification that had no impact on net income. Results for the current quarter reflect a reclassification of $3 million of the allowance for loan losses to other assets in conjunction with the reclassification of certain balances from credit card receivables to other assets. To effect this reclassification, the provision for loan losses was reduced by $3 million and was offset by reductions of $2 million and $1 million in interest income on credit card receivables and credit card fees, respectively. Selected Financial Terms In addition to presenting financial information in accordance with generally accepted accounting principles ("GAAP"), certain non-gaap information is also presented. Items presented on a "managed" basis are one such example. Managed basis results include information relating to People's off-balance-sheet credit card securitization activities. This presentation is consistent with the manner in which management conducts operations and measures People's business performance; it also presents more complete information about the assets, revenues and expenses attributed to the Credit Card Services division. Financial information presented on a managed basis includes off-balance-sheet securitized and sold credit card receivables, and the related securities sold to third-party investors. Please refer to the page headed "Impact of Credit Card Securitizations" in the accompanying materials for more information. Other non-gaap measures are core deposits and purchased funds. Core deposits, a measure of stable funding sources, equal total deposits, other than brokered certificates of deposit (acquired in the wholesale market) and municipal deposits (which are seasonally variable by nature). Purchased funds include borrowings, brokered certificates of deposit and municipal deposits. -- more --
8 People's Reports 3Q Earnings Page 3 Finally, this release includes information about People's operating revenue (a non-gaap measure) and its efficiency ratio, which is derived in part from operating revenue. Operating revenue consists of the sum of net interest income and total non-interest income reduced by gains and losses other than from the sale of residential mortgage loans. Management considers this measure to be more representative of People's ongoing ability to generate revenues, as the excluded items are generally related to external market conditions and non-routine transactions. The efficiency ratio, which represents an approximate measure of how much it costs People's to generate a dollar of revenue, is the ratio of total adjusted non-interest expense to operating revenue. Total adjusted non-interest expense equals People's total non-interest expense, excluding amortization of acquisition-related intangibles and losses on real estate assets. In calculating the efficiency ratio on a managed basis, credit losses reflected in credit card securitization income are excluded from operating revenue. Conference Call On October 17, 2003, at 11 a.m., Eastern Time, People's will host a conference call to discuss this earnings announcement. The call may be heard through by selecting Investor Relations, News and Events, Conference Calls. Additional materials relating to the call may also be accessed at People's Web site. The call will be archived on the Web site and available for approximately 90 days. 3Q Financial Highlights (3Q 2003 compared with 3Q 2002 unless otherwise indicated) Summary Net income totaled $14.9 million, or $0.24 per share. Reclassified $3.0 million of the allowance for loan losses to other assets relating to the reclassification of certain credit card receivables to other assets ("the reclassification") with no impact on net income. Provision for loan losses reduced $3.0 million. Credit card interest income reduced $2.0 million. Credit card fees reduced $1.0 million. Provision for loan losses decreased $9.8 million, excluding the reclassification. Managed net interest income decreased $18.4 million, excluding the reclassification. Managed net interest margin decreased 17 basis points from 2Q03 and 66 basis points from 3Q02 to 3.30%, excluding the reclassification. Non-interest income increased $1.5 million, excluding the reclassification. Net security gains totaled $0.8 million, compared to net security losses of $1.8 million. Credit card fees increased $2.7 million, excluding the reclassification. Net gains on sales of residential mortgage loans increased $3.1 million. Credit card securitization income declined $7.7 million. Total non-interest expense declined $2.6 million. Advertising and promotion expense decreased $1.4 million. Average total loans increased $1.2 billion, or 17%. Off-balance-sheet securitized and sold credit card receivables declined $280 million, thereby increasing, in part, the on-balance-sheet loan portfolio. Average total core deposits increased $0.6 billion, or 8%. -- more --
9 People's Reports 3Q Earnings Page 4 Commercial Banking Average commercial banking loans grew $228 million, or 8%. Average commercial non-interest-bearing deposits increased $129 million, or 16%. The ratio of non-performing loans to total loans was 0.74% at Sept. 30, 2003, compared to 0.67% at June 30, Non-performing loans increased $2.2 million, or 11%, from June 30, Net loan charge-offs as a percentage of average loans equaled 0.10% (annualized). Consumer Financial Services Average residential mortgage loans increased $336 million, or 12%. Adjustable-rate mortgages purchased during the first quarter contributed $208 million to the increase. Average consumer non-interest-bearing deposits grew $117 million, or 13%. Supermarket branch core deposits increased $165 million, or 10% annualized, averaging $28 million per branch. Residential mortgage originations surpassed $1 billion, almost double the volume compared to 3Q02. Credit Card Services Average managed loans for Credit Card Services increased $346 million, or 12%. Managed credit card receivables at Sept. 30, 2003 totaled $2.4 billion, an increase of $131 million, or 6%, from June 30, The yield on average managed credit card receivables was 7.56% for 3Q03, excluding the reclassification, compared to 8.72% for 2Q03 and 11.09% for 3Q02. Net charge-offs (annualized as a percentage of average managed loans) for Credit Card Services were 3.79%, compared to 4.47% for 2Q03 and 5.99% for 3Q02. Net charge-offs totaled $31 million in 3Q03, $33 million in 2Q03 and $43 million in 3Q02. Credit Card Services' delinquencies as a percentage of quarter-end managed loans were 2.15%, compared to 2.54% for 2Q03 and 3.41% for 3Q02. Capital Markets Securities and short-term investments totaled $2.8 billion at Sept. 30, 2003, a $194 million decrease from June 30, Debt securities increased $166 million. Short-term investments declined $291 million. Common stocks decreased $75 million. Common stock portfolio market value totaled $30 million at Sept. 30, Sales of common stocks totaled $90 million. Net unrealized loss of $4 million at Sept. 30, more --
10 People's Reports 3Q Earnings Page 5 People's Bank is a diversified financial services company providing consumer, commercial, insurance and financial advisory services. The bank is a leader in supermarket banking, with 64 of its 154 branches located in Super Stop & Shop stores. Through its subsidiaries, People's provides brokerage and financial advisory services, asset management, equipment leasing and financing, and insurance services. Nationally, People's is the 19 th -largest issuer of MasterCard and Visa credit cards. ### Certain statements contained in this release are forward-looking in nature. These include all statements about our plans, objectives, expectations and other statements that are not historical facts, and usually use words such as "expect," "anticipate," "believe" and similar expressions. Such statements represent management's current beliefs, based upon information available at the time the statements are made, with regard to the matters addressed. All forward-looking statements are subject to risks and uncertainties that could cause People's actual results or financial condition to differ materially from those expressed in or implied by such statements. Factors of particular importance to People's include (1) changes in general economic conditions, including interest rates; (2) potential improvements or deterioration in credit quality; (3) competition among providers of financial services; (4) residential mortgage and secondary market activity; (5) price levels and conditions in the public securities markets generally; and (6) changes in regulatory guidance applicable to banks. People's does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Access People's Bank on the World Wide Web at People's Bank. It's People's.
FEDERAL DEPOSIT INSURANCE CORPORATION Washington, DC 20429 FORM 8-K
FEDERAL DEPOSIT INSURANCE CORPORATION Washington, DC 20429 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported)
More informationPeople s United Financial, Inc. (Exact name of registrant as specified in its charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationPeople s United Financial, Inc.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationBROADWAY FINANCIAL CORPORATION
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest
More informationFirst Quarter 2007 Earnings Review. Conference Call
First Quarter 2007 Earnings Review Conference Call Certain comments made in the course of People's United Financial's review of its financial results are forward-looking in nature. These include all statements
More informationFBL FINANCIAL GROUP INC
FBL FINANCIAL GROUP INC FORM 8-K (Unscheduled Material Events) Filed 4/28/2004 For Period Ending 4/28/2004 Address 5400 UNIVERSITY AVE WEST DES MOINES, Iowa 50266 Telephone 515-225-5400 CIK 0001012771
More informationFEDERAL DEPOSIT INSURANCE CORPORATION Washington, D.C. 20429 FORM 8-K. Summit State Bank (Exact name of registrant as specified in its charter)
FEDERAL DEPOSIT INSURANCE CORPORATION Washington, D.C. 20429 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported):
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 8-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 8-K Current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationTerritorial Bancorp Inc. Announces 2015 Results
PRESS RELEASE FOR IMMEDIATE RELEASE Contact: Walter Ida (808) 946-1400 Territorial Bancorp Inc. Announces 2015 Results Fully diluted earnings per share for the three months ended December 31, 2015 rose
More informationTerritorial Bancorp Inc. Announces Second Quarter 2015 Results
PRESS RELEASE FOR IMMEDIATE RELEASE Contact: Walter Ida (808) 946-1400 Territorial Bancorp Inc. Announces Second Quarter 2015 Results Earnings per share for the three months ended June 30, 2015 rose to
More informationFEDERAL DEPOSIT INSURANCE CORPORATION WASHINGTON, D.C. 20429 FORM 8-K
FEDERAL DEPOSIT INSURANCE CORPORATION WASHINGTON, D.C. 20429 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported)
More informationFOR IMMEDIATE RELEASE
FOR IMMEDIATE RELEASE FirstMerit Corporation Analysts: Thomas O Malley/Investor Relations Officer Phone: 330.384.7109 Media Contact: Robert Townsend/Media Relations Officer Phone: 330.384.7075 FirstMerit
More informationHow To Make Money From A Bank Loan
NEWS RELEASE FOR FURTHER INFORMATION: WEBSITE: www.bnccorp.com TIMOTHY J. FRANZ, CEO TELEPHONE: (612) 305-2213 DANIEL COLLINS, CFO TELEPHONE: (612) 305-2210 BNCCORP, INC. REPORTS THIRD QUARTER NET INCOME
More informationState Bank Financial Corporation Reports Fourth Quarter and Full Year 2015 Financial Results
Investor Relations Contact: Jeremy Lucas 404.239.8626 / jeremy.lucas@statebt.com Fourth Quarter 2015 Highlights State Bank Financial Corporation Reports Fourth Quarter and Full Year 2015 Financial Results
More informationArrow Reports Solid First Quarter Operating Results and Strong Asset Quality Ratios
250 Glen Street Glens Falls, NY Contact: Timothy C. Badger Tel: (518)745-1000 Fax: (518)745-1976 TO: All Media DATE: Tuesday, April 19, 2011 Arrow Reports Solid First Quarter Operating Results and Strong
More informationNorthwest Bancshares, Inc. Announces Quarterly Earnings and Dividend Declaration
EARNINGS RELEASE FOR IMMEDIATE RELEASE Contact: William J. Wagner, President and Chief Executive Officer (814) 726-2140 William W. Harvey, Jr., Executive Vice President and Chief Financial Officer (814)
More informationTHE GOLDMAN SACHS GROUP, INC. (Exact name of registrant as specified in its charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationdividends - Results From Q1, 2015
PRESS RELEASE For more information contact: Gerald Shencavitz EVP and Chief Financial Officer (207) 288-3314 FOR IMMEDIATE RELEASE Bar Harbor Bankshares Reports First Quarter Earnings BAR HARBOR, Maine
More informationFIRST BANKS, INC. ST. LOUIS, MISSOURI NEWS RELEASE FOR IMMEDIATE RELEASE: First Banks, Inc. Announces First Quarter 2014 Results
FIRST BANKS, INC. ST. LOUIS, MISSOURI NEWS RELEASE Contacts: Terrance M. McCarthy Lisa K. Vansickle President and Executive Vice President and Chief Executive Officer Chief Financial Officer First Banks,
More informationCURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationPULASKI FINANCIAL S SECOND FISCAL QUARTER EPS MORE THAN TRIPLES
PULASKI FINANCIAL S SECOND FISCAL QUARTER EPS MORE THAN TRIPLES Current Versus Prior Year Quarter Highlights Earnings growth - Diluted EPS $0.29 in 2013 versus $0.08 in 2012 - Annualized return on average
More informationThursday July 18, 2013 FOR IMMEDIATE RELEASE
Thursday July 18, 2013 FOR IMMEDIATE RELEASE Washington Federal Reports Higher Net Income, Announces the Acquisition of 51 Branches in Four States, and Completes Conversion to a National Bank Charter.
More informationFEDERAL DEPOSIT INSURANCE CORPORATION Washington, D.C. 20429 FORM 8-K. Summit State Bank (Exact name of registrant as specified in its charter)
FEDERAL DEPOSIT INSURANCE CORPORATION Washington, D.C. 20429 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported):
More informationQUAINT OAK BANCORP, INC. ANNOUNCES SECOND QUARTER EARNINGS
FOR RELEASE: Tuesday, July 28, 2015 at 4:30 PM (Eastern) QUAINT OAK BANCORP, INC. ANNOUNCES SECOND QUARTER EARNINGS Southampton, PA Quaint Oak Bancorp, Inc. (the Company ) (OTCQX: QNTO), the holding company
More informationAMERISAFE INC FORM 8-K. (Current report filing) Filed 04/29/15 for the Period Ending 04/29/15
AMERISAFE INC FORM 8-K (Current report filing) Filed 04/29/15 for the Period Ending 04/29/15 Address 2301 HIGHWAY 190 WEST DERIDDER, LA 70634 Telephone 337-463-9052 CIK 0001018979 Symbol AMSF SIC Code
More informationFOR IMMEDIATE RELEASE
Exhibit 99.1 FOR IMMEDIATE RELEASE FirstMerit Corporation Analysts: Thomas O Malley/Investor Relations Officer Phone: 330.384.7109 Media Contact: Robert Townsend/Media Relations Officer Phone: 330.384.7075
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationPress Release FOR IMMEDIATE RELEASE
Press Release FOR IMMEDIATE RELEASE FIRST REPUBLIC BANK REPORTS STRONG FIRST QUARTER RESULTS Record First Quarter Loan Volume Will Initiate Cash Dividend in Second Half of 2012 San Francisco, California,
More informationMorningstar Document Research
Morningstar Document Research FORM8-K PAYCHEX INC - PAYX Filed: March 25, 2015 (period: March 25, 2015) Report of unscheduled material events or corporate changes. The information contained herein may
More informationOctober 21, 2015 MEDIA & INVESTOR CONTACT Heather Worley, 214.932.6646 heather.worley@texascapitalbank.com
October 21, 2015 MEDIA & INVESTOR CONTACT Heather Worley, 214.932.6646 heather.worley@texascapitalbank.com TEXAS CAPITAL BANCSHARES, INC. ANNOUNCES OPERATING RESULTS FOR Q3 2015 DALLAS - October 21, 2015
More informationJER INVESTORS TRUST INC (JERT) 8-K. Current report filing Filed on 01/29/2009 Filed Period 01/28/2009
JER INVESTORS TRUST INC (JERT) 8-K Current report filing Filed on 01/29/2009 Filed Period 01/28/2009 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant
More informationFIRST REPUBLIC REPORTS STRONG QUARTERLY RESULTS For the Quarter, Loans Increased 6%, Deposits 11% and Wealth Management Assets 5%
Press Release FOR IMMEDIATE RELEASE FIRST REPUBLIC REPORTS STRONG QUARTERLY RESULTS For the Quarter, Loans Increased 6%, Deposits 11% and Wealth Management Assets 5% San Francisco, California, October
More informationNews Release INVESTOR AND MEDIA CONTACT: George R. Kirkland Senior Vice President and Treasurer Phone: (229) 873-3830 gkirkland@sgfc.
Southwest Georgia Financial Corporation 201 First Street S.E. Moultrie, GA 31768 PH: (229) 985-1120 FX: (229) 985-0251 News Release INVESTOR AND MEDIA CONTACT: George R. Kirkland Senior Vice President
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (date of earliest event
More informationTwo River Bancorp Reports Record Earnings for 2013
Two River Bancorp Reports Record Earnings for 2013 Net income to common shareholders increases 12.2% over 2012 Net interest margin remains strong at 3.84% for the year Core checking deposits increase $36.2
More informationFIRST REPUBLIC REPORTS STRONG QUARTERLY EARNINGS Wealth Management Assets up 8.6% for the Quarter; Cash Dividend Increased
PRESS RELEASE IMMEDIATE RELEASE FIRST REPUBLIC REPORTS STRONG QUARTERLY EARNINGS Wealth Management Assets up 8.6% for the Quarter; Cash Dividend Increased San Francisco, California, April 16, 2014 First
More informationThe first quarter was highlighted by:
Mercantile Bank Corporation Reports Strong First Quarter 2013 Results Diluted earnings per share increased 79 percent Continued asset quality improvement and outlook remains positive GRAND RAPIDS, Mich.,
More informationApril 25, 2016 (573) 778-1800
FOR IMMEDIATE RELEASE Contact: Matt Funke, CFO April 25, 2016 (573) 778-1800 SOUTHERN MISSOURI BANCORP REPORTS PRELIMINARY THIRD QUARTER RESULTS, DECLARES QUARTERLY DIVIDEND OF $0.09 PER COMMON SHARE,
More information***FOR IMMEDIATE RELEASE***
***FOR IMMEDIATE RELEASE*** For: ZIONS BANCORPORATION Contact: James Abbott One South Main, 15th Floor Tel: (801) 524-4787 Salt Lake City, Utah Harris H. Simmons Chairman/Chief Executive Officer ZIONS
More informationIllumina, Inc. (Exact name of registrant as specified in its charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationNEWS RELEASE. Great American Bancorp, Inc. Announces Increased Earnings for Fiscal 2014
NEWS RELEASE FOR IMMEDIATE RELEASE January 21, 2015 Contact: Ms. Jane F. Adams Chief Financial Officer and Investor Relations (217) 356-2265 Great American Bancorp, Inc. Announces Increased Earnings for
More informationAMERICAN EXPRESS COMPANY
AXP 8-K 1/15/2016 Section 1: 8-K (FORM 8-K OF AMERICAN EXPRESS COMPANY) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of
More informationEVERYDAY HEALTH, INC.
EVERYDAY HEALTH, INC. FORM 8-K (Current report filing) Filed 05/11/15 for the Period Ending 05/11/15 Address 345 HUDSON STREET 16TH FLOOR NEW YORK, NY 10014 Telephone 718-797-0722 CIK 0001358483 Symbol
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 May 8, 2014 Date of Report (Date of
More informationAMN HEALTHCARE SERVICES INC
AMN HEALTHCARE SERVICES INC FORM 8-K (Current report filing) Filed 02/19/15 for the Period Ending 02/19/15 Address 12400 HIGH BLUFF DRIVE SUITE 100 SAN DIEGO, CA 92130 Telephone 8668718519 CIK 0001142750
More informationPress Release FOR IMMEDIATE RELEASE
Press Release FOR IMMEDIATE RELEASE FIRST REPUBLIC REPORTS STRONG SECOND QUARTER RESULTS Achieves Record Loan Volume; Declares Initial Cash Dividend San Francisco, California, July 18, 2012 First Republic
More informationCoastal Banking Company Reports Fourth Quarter and Full Year 2011 Results
For Immediate Release For More Information: Michael G. Sanchez Andy Mus Chief Executive Officer Senior Vice President Coastal Banking Company Inc. Marsh Communications LLC 904-321-0400 770-621-2700 Coastal
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationContacts: Investor Relations Evan Black & Kristina Carbonneau 800.493.8219 InvestorRelations@santanderconsumerusa.com
Contacts: Investor Relations Evan Black & Kristina Carbonneau 800.493.8219 InvestorRelations@santanderconsumerusa.com Media Relations Laurie Kight 214.801.6455 LKight@santanderconsumerusa.com Santander
More informationHSBC FINANCE CORPORATION
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period
More informationFEDERAL DEPOSIT INSURANCE CORPORATION. Washington, D.C. 20429 FORM 8-K CURRENT REPORT. PURSUANT TO SECTION 13 OR 15(d)
FEDERAL DEPOSIT INSURANCE CORPORATION Washington, D.C. 20429 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported):
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549. Form 8-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (date of earliest event
More informationCOMMERCE BANCSHARES, INC. ANNOUNCES FOURTH QUARTER EARNINGS PER COMMON SHARE OF $.63
Exhibit 99.1 1000 Walnut Street / Suite 700 / Kansas City, Missouri 64106 / 816.234.2000 CBSH FOR IMMEDIATE RELEASE: Wednesday, January 20, 2016 COMMERCE BANCSHARES, INC. ANNOUNCES FOURTH QUARTER EARNINGS
More informationJanuary 25, 2016 (573) 778-1800
FOR IMMEDIATE RELEASE Contact: Matt Funke, CFO January 25, 2016 (573) 778-1800 SOUTHERN MISSOURI BANCORP REPORTS PRELIMINARY SECOND QUARTER RESULTS, DECLARES QUARTERLY DIVIDEND OF $0.09 PER COMMON SHARE,
More informationGE Financial Assurance Holdings, Inc. (Exact name of registrant as specified in its charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended
More informationSECURITIES AND EXCHANGE COMMISSION. Washington, D.C. 20549 FORM 8-K CURRENT REPORT
ˆ200FBJ2CQ3eg&rmwzŠ 200FBJ2CQ3eg&rmw NERPRFRS9 10.8.16 NER pf_rend 29-Jul-2011 06:56 EST 214712 TX 1 4* SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 CURRENT REPORT PURSUANT TO SECTION 13 OR
More informationCUSTOMERS BANCORP REPORTS RECORD NET INCOME FOR FULL YEAR AND FOURTH QUARTER 2015
Customers Bancorp 1015 Penn Avenue Wyomissing, PA 19610 Contacts: Jay Sidhu, Chairman & CEO 610-935-8693 Richard Ehst, President & COO 610-917-3263 Investor Contact: Robert Wahlman, CFO 610-743-8074 CUSTOMERS
More informationGE Financial Assurance Holdings, Inc. (Exact name of registrant as specified in its charter)
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K/A1 CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported)
More informationWashington Federal Concludes its Fiscal Year with Record Earnings
Wednesday October 21, 2015 FOR IMMEDIATE RELEASE Washington Federal Concludes its Fiscal Year with Record Earnings SEATTLE, WASHINGTON Washington Federal, Inc. (Nasdaq: WAFD), parent company of Washington
More informationNet Income by Quarter
Farmers Capital Bank Corporation 202 West Main Street l Post Office Box 309 Frankfort, Kentucky 40602-0309 phone: 502.227.1668 l Fax: 502.227.1692 www.farmerscapital.com NEWS RELEASE October 22, 2014 Farmers
More informationMay 7, 2014. Dear Shareholder,
May 7, 2014 Dear Shareholder, CIB Marine Bancshares, Inc. (OTCQB: CIBH) is pleased to report its financial results for the quarter ended March 31, 2014. The consolidated company, CIB Marine, reported earnings
More informationFirst Republic Bank
PRESS RELEASE FOR IMMEDIATE RELEASE FIRST REPUBLIC REPORTS STRONG FIRST QUARTER RESULTS Year-Over-Year Core Revenues Up 13% and Wealth Management Revenues Up 22% Quarterly Dividend Increased to $0.15 per
More informationCHIMERA INVESTMENT CORP
CHIMERA INVESTMENT CORP FORM 8-K (Current report filing) Filed 02/17/16 for the Period Ending 02/17/16 Address 520 MADISON AVENUE 32ND FLOOR NEW YORK, NY 10022 Telephone 212-626-2300 CIK 0001409493 Symbol
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q È QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest
More informationBALANCE SHEET HIGHLIGHTS
Home Capital Reports Q1 Earnings: Diluted Earnings per Share of $0.92; adjusted diluted earnings per share of $0.96 Dividend of $0.24 per common share. Toronto, May 4, 2016 - Home Capital today reported
More informationNational American University Holdings, Inc.
SECURITIES & EXCHANGE COMMISSION EDGAR FILING National American University Holdings, Inc. Form: 8-K Date Filed: 2015-08-13 Corporate Issuer CIK: 1399855 Copyright 2015, Issuer Direct Corporation. All Right
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationPositive 4 th quarter solidifies profitable 2010 for Old National
FOR IMMEDIATE RELEASE January 31, 2011 Contacts: Media: Kathy A. Schoettlin (812) 465-7269 Executive Vice President Communications Financial Community: Lynell J. Walton (812) 464-1366 Senior Vice President
More informationBALANCE SHEET AND INCOME STATEMENT
BANCOLOMBIA S.A. (NYSE: CIB; BVC: BCOLOMBIA, PFBCOLOM) REPORTS CONSOLIDATED NET INCOME OF COP 1,879 BILLION FOR 2014, AN INCREASE OF 24% COMPARED TO 2013. Operating income increased 23.8% during 2014 and
More informationCitizens Financial Group, Inc. Reports First Quarter Net Income of $223 Million Diluted EPS of $0.41 up 8% vs. 1Q15
Reports First Quarter Net Income of $223 Million Diluted EPS of $0.41 up 8% vs. 1Q15 Positive operating leverage of 3% on a year-over-year Adjusted basis* Good traction continues on strategic growth and
More informationVIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES THIRD QUARTER FINANCIAL RESULTS
FOR IMMEDIATE RELEASE VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES THIRD QUARTER FINANCIAL RESULTS Charlottesville, VA November 4, 2015 Virginia National Bankshares Corporation (OTCQX: VABK) (the
More informationPRESS RELEASE VALLEY COMMERCE BANCORP REPORTS RECORD EARNINGS FOR 2015
PRESS RELEASE Contact: Roy Estridge, EVP/COO/CFO Valley Commerce Bancorp (559) 622-9000 VALLEY COMMERCE BANCORP REPORTS RECORD EARNINGS FOR 2015 VISALIA, California, January 15, 2016 Valley Commerce Bancorp,
More informationJER INVESTORS TRUST INC (JERT) 8-K. Current report filing Filed on 04/11/2007 Filed Period 04/11/2007
JER INVESTORS TRUST INC (JERT) 8-K Current report filing Filed on 04/11/2007 Filed Period 04/11/2007 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event
More informationSouthern National Bancorp of Virginia Inc. Reports Earnings of $2.5 Million for the Third Quarter and $7.0 Million for the First Nine Months of 2015
October 22, 2015 Southern National Bancorp of Virginia Inc. Reports Earnings of $2.5 Million for the Third Quarter and $7.0 Million for the First Nine Months of 2015 Board Declares a Regular Dividend of
More informationBERKSHIRE HILLS BANCORP TO ACQUIRE FIVE INSURANCE AGENCIES ANNOUNCES PLANNED STOCK OFFERING
BERKSHIRE HILLS BANCORP TO ACQUIRE FIVE INSURANCE AGENCIES ANNOUNCES PLANNED STOCK OFFERING THIRD QUARTER NET INCOME PER SHARE UP 6% TO $.57 BEFORE INVESTMENT PORTFOLIO REPOSITIONING AND LOAN LOSS ALLOWANCE
More informationPennyMac Financial Services, Inc. (Exact name of registrant as specified in its charter
PFSI 8-K 5/5/2016 Section 1: 8-K (CURRENT REPORT) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange
More informationFIRST CITIZENS COMMUNITY BANK 570-662-0422 15 S. MAIN STREET 570-662-8512 (FAX) MANSFIELD, PA 16933 CONTACT: KATHLEEN CAMPBELL, MARKETING DIRECTOR
CONTACT: KATHLEEN CAMPBELL, MARKETING DIRECTOR FIRST CITIZENS COMMUNITY BANK 570-662-0422 15 S. MAIN STREET 570-662-8512 (FAX) MANSFIELD, PA 16933 CITIZENS FINANCIAL SERVICES, INC. REPORTS FOURTH QUARTER
More informationContact: Charity Frantz October 13, 2015 570-724-0225 charityf@cnbankpa.com
Contact: Charity Frantz October 13, 2015 570-724-0225 charityf@cnbankpa.com C&N ANNOUNCES THIRD QUARTER 2015 UNAUDITED FINANCIAL RESULTS FOR IMMEDIATE RELEASE: Wellsboro, PA Citizens & Northern Corporation
More informationCUSTOMERS BANCORP REPORTS RECORD NET INCOME FOR FULL YEAR 2013 AND Q4 2013
Customers Bancorp 1015 Penn Avenue Wyomissing, PA 19610 Contacts: Jay Sidhu, Chairman & CEO 610-935-8693 Richard Ehst, President & COO 610-917-3263 Investor Contact: Robert Wahlman, CFO 610-743-8074 CUSTOMERS
More informationNEWS FROM BANK MUTUAL CORPORATION (EMBARGOED UNTIL 3:15 P.M. CENTRAL)
NEWS FROM BANK MUTUAL CORPORATION (EMBARGOED UNTIL 3:15 P.M. CENTRAL) CONTACTS: Bank Mutual Corporation David A. Baumgarten President and Chief Executive Officer or Michael W. Dosland Senior Vice President
More informationTCF Reports Quarterly Net Income of $23.6 Million, or 15 Cents Per Share
NEWS RELEASE CONTACT: Jason Korstange (952) 745-2755 tcfbank.com FOR IMMEDIATE RELEASE TCF FINANCIAL CORPORATION 200 Lake Street East, Wayzata, MN 55391-1693 TCF Reports Quarterly Net Income of $23.6 Million,
More informationGOLDMAN SACHS REPORTS EARNINGS PER COMMON SHARE OF $17.07 FOR 2014
The Goldman Sachs Group, Inc. 200 West Street New York, New York 10282 GOLDMAN SACHS REPORTS EARNINGS PER COMMON SHARE OF $17.07 FOR 2014 FOURTH QUARTER EARNINGS PER COMMON SHARE WERE $4.38 NEW YORK, January
More informationCredit Suisse Financial Services Forum
Credit Suisse Financial Services Forum John Shrewsberry Chief Financial Officer February 9, 2016 2016 Wells Fargo & Company. All rights reserved. Wells Fargo Vision We want to satisfy our customers financial
More informationQuarterly Financial Supplement - 1Q 2016
Quarterly Financial Supplement - 1Q 2016 Page # Consolidated Financial Summary... 1 Consolidated Income Statement Information... 2 Consolidated Financial Information and Statistical Data... 3 Consolidated
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationCERIDIAN CORPORATION
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationForm 8-K. Current Report. Caterpillar Financial Services Corporation
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationAmerican Electric Technologies Inc
SECURITIES & EXCHANGE COMMISSION EDGAR FILING American Electric Technologies Inc Form: 8-K Date Filed: 2015-11-16 Corporate Issuer CIK: 1043186 Copyright 2015, Issuer Direct Corporation. All Right Reserved.
More informationEquifax Reports Fourth Quarter and Full Year 2008 Results; Provides First Quarter 2009 Guidance
1550 Peachtree Street, N.W. Atlanta, Georgia 30309 NEWS RELEASE Contact: Jeff Dodge Tim Klein Investor Relations Media Relations (404) 885-8804 (404) 885-8555 jeff.dodge@equifax.com tim.klein@equifax.com
More informationOracle Corporation (Exact name of registrant as specified in its charter)
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date
More informationAnnual Highlights. Book value per common share increased by 5% during the year to $171.03.
The Goldman Sachs Group, Inc. 200 West Street New York, New York 10282 GOLDMAN SACHS REPORTS EARNINGS PER COMMON SHARE OF $12.14 FOR 2015; RMBS WORKING GROUP SETTLEMENT (1) REDUCED EARNINGS PER COMMON
More informationVECTOR GROUP LTD FORM 8-K. (Current report filing) Filed 07/30/14 for the Period Ending 07/30/14
VECTOR GROUP LTD FORM 8-K (Current report filing) Filed 07/30/14 for the Period Ending 07/30/14 Address 4400 BISCAYNE BOULEVARD 10TH FLOOR MIAMI, FL 33137 Telephone 3055798000 CIK 0000059440 Symbol VGR
More informationAMERUS GROUP CO/IA. FORM 8-K (Current report filing) Filed 8/15/2006 For Period Ending 8/14/2006
AMERUS GROUP CO/IA FORM 8-K (Current report filing) Filed 8/15/2006 For Period Ending 8/14/2006 Address 699 WALNUT STREET DES MOINES, Iowa 50309 Telephone 515-362-3600 CIK 0001051717 Industry Insurance
More informationAlly Financial Inc. Auto Securitization - Corporate Overview
Ally Financial Inc. Auto Securitization - Corporate Overview 3Q 2015 Contact Ally Investor Relations at (866) 710-4623 or investor.relations@ally.com Forward-Looking Statements and Additional Information
More informationPress Release FOR IMMEDIATE RELEASE
Press Release FOR IMMEDIATE RELEASE FIRST REPUBLIC REPORTS STRONG LOAN GROWTH AND SOLID EARNINGS San Francisco, California, July 20, 2011 First Republic Bank ( First Republic ) (NYSE: FRC) today announced
More informationCONTACTS: PRESS RELATIONS BETSY CASTENIR (212) 339-3424 INVESTOR RELATIONS ROBERT TUCKER (212) 339-0861 FSA HOLDINGS FIRST QUARTER 2004 RESULTS
FOR IMMEDIATE RELEASE CONTACTS: PRESS RELATIONS BETSY CASTENIR (212) 339-3424 INVESTOR RELATIONS ROBERT TUCKER (212) 339-0861 FSA HOLDINGS FIRST QUARTER 2004 RESULTS NET INCOME $84 Million in Q1 04 (+28%
More information