Provident Community Bancshares Reports First Quarter Results
Provident Community Bancshares, Inc. (OTCBB: PCBS) (the “Corporation”) recorded a net loss to common shareholders of $202,000 for the three months ended March 31, 2012 as compared to a net loss of $6,000 for the same period in 2011. The increase in the loss in 2012 was primarily due to higher provision for loan losses of $435,000 as a result of an increase in the classified loan loss ratios that are derived from a three year historical average and an increase in non-performing assets, of...continuedPCBS investment mortgage bank
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Peoples Bancorp Announces Cash Dividend
NEWTON, N.C., May 18, 2012 (GLOBE NEWSWIRE) -- The Board of Directors of Peoples Bancorp of North Carolina, Inc. (Nasdaq:PEBK) declared a cash dividend for the second quarter of 2012 in the amount of $.02 per share. The cash dividend will be paid on June 15, 2012 to shareholders of record June 4, 2012. Future dividend payments will be based upon the performance of the Company and will be determined each quarter by the Board of Directors. Shareholders are encouraged to enroll in the Company's Divide...continuedPEBK mortgage Banking Financial
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Security Bancorp, Inc. Announces Cash Dividend
MCMINNVILLE, Tenn., May 18, 2012 (GLOBE NEWSWIRE) -- Security Bancorp, Inc. (OTCBB:SCYT) announced that the Corporation's Board of Directors has declared an annual cash dividend of $1.00 per share on the Corporation's outstanding common stock. The cash dividend will be payable on July 2, 2012 to shareholders of record as of the close of business on June 1, 2012. Security Bancorp, Inc. is the holding company for Security Federal Savings Bank of McMinnville, TN, a Tennessee state-chartered financial ...continuedSCYT mortgage Financial Banking
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Northrim BanCorp Declares Quarterly Cash Dividend of $0.13 Per Share
Northrim BanCorp, Inc. (NASDAQ:NRIM) today announced its Board of Directors declared a regular quarterly cash dividend of $0.13 per share. The dividend will be paid June 15, 2012, to shareholders of record at the close of business June 7, 2012. Northrim has paid a regular quarterly cash dividend since 1995, and has a current annualized dividend yield of 2.4% at current market share prices. “The steady growth in shareholders’ equity combined with regular dividend payments has delive...continuedNRIM mortgage Banking bank
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Monarch Financial Holdings Declares Cash Dividend on Preferred Stock
CHESAPEAKE, Va., May 17, 2012 (GLOBE NEWSWIRE) -- Monarch Financial Holdings, Inc. (Nasdaq:MNRK), the holding company for Monarch Bank, announced that its Board of Directors on May 16, 2012, declared a regular quarterly cash dividend of $0.4875 per share on its 7.80% Series B Noncumulative Convertible Preferred Stock. The dividend is payable on June 30, 2012 to shareholders of record on June 1, 2012. The amount and declaration of future cash dividends are subject to Board of Director's appro...continuedMNRK mortgage bank monarchs
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Community Bank of Bergen County, NJ Declares Quarterly Cash Dividend of $0.02 Per Share
Community Bank of Bergen County, NJ (OTCBB: CMTB) announced that its Board of Directors has declared a quarterly cash dividend of $0.02 per share. This is a reduction from a $0.10 per share dividend paid in previous quarters. The dividend will be issued to stockholders of record as of June 1, 2012 and will be paid on July 2, 2012. “Regrettably, we needed to reduce the quarterly dividend in order to remain ‘well capitalized’ under applicable banking regulations,” said Pe...continuedCMTB mortgage loan Financial
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KeyCorp Board Increases Quarterly Cash Dividend to Five Cents Per Common Share
Shareholders Approve Executive Compensation, Board Nominees During Annual Meeting CLEVELAND, May 17, 2012 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share on the company's common stock. The dividend was declared on May 16, 2012, and is payable on June 15, 2012 to shareholders of record at the close of business on May 29, 2012. "We understand our stock dividend is important to our shareholders, and our Board ...continuedKEY auto banks mortgage
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Preferred Bank to Present at the 13th Annual B. Riley & Co. Investor Conference on May 22nd
LOS ANGELES, May 17, 2012 (GLOBE NEWSWIRE) -- Preferred Bank (Nasdaq:PFBC), an independent commercial bank focusing on the Chinese-American and diversified Southern California mainstream market, announced today that Chief Financial Officer Edward J. Czajka will present at the 13 th Annual B. Riley & Co. Investor Conference, to be held May 21 – 23, 2012 at the Loews Santa Monica Beach Hotel in Santa Monica, California. Preferred Bank will present on Tuesday, May 22 nd at 3:30 p.m. loc...continuedPFBC Financial mortgage Banking
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The Private Bank of California Hires Suzanne Dondanville as its Executive Vice President and Chief Operations Officer
The Private Bank of California (the “Bank”) (OTCBB:PBCA.OB) is proud to announce Suzanne A. Dondanville as its new Executive Vice President and Chief Operations Officer. Joining the Executive Management Group in the Bank’s Century City office, Dondanville will leverage her 25 years of banking experience to streamline operations, improve information technology and oversee facilities and cash management at the Bank. “Suzanne is a seasoned leader and has a special expe...continuedPBCA Banking investments mortgage
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PPL to Pay Quarterly Stock Dividend July 2
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First Community Corporation Announces the Filing of a Registration Statement on Form S-1
LEXINGTON, S.C., May 15, 2012 /PRNewswire/ -- First Community Corporation (Nasdaq: FCCO), the holding company for First Community Bank, N.A., announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed public offering of up to $12.5 million in shares of its common stock, par value $1.00 per share. (Logo: http://photos.prnewswire.com/prnh/20030508/FCCOLOGO ) Raymond James & Associates, Inc. will act as the sole book-running m...continuedFCCO mortgage Banking bank
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WORCESTER, Mass., May 15, 2012 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today that its board of directors declared a quarterly dividend of $0.30 per common share. The dividend will be payable on June 29, 2012 to shareholders of record at the close of business on June 15, 2012. (Logo: http://photos.prnewswire.com/prnh/20120404/NE82147LOGO ) Forward-Looking Statements Statements regarding quarterly or future dividends payable to our shareholders, wh...continuedTHG mortgage homes bank
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Associated Names Yee as New Chief Information and Operations Officer
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M.D.C. Holdings’ Presentation At The J.P. Morgan 2012 Homebuilding And Building Products Conference To Be Webcast Live
DENVER, May 11, 2012 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC) announced today that it will webcast a presentation being made at the J.P. Morgan 2012 Homebuilding and Building Products Conference on Tuesday, May 15th, at 4:15 p.m. ET. The presentation can be heard live and will be available for replay by entering the M.D.C. Holdings, Inc. website, www.mdcholdings.com, and selecting "J.P. Morgan 2012 Homebuilding and Building Products Conference." Printable slides for the prese...continuedMDC realestate richmondamerican mortgage
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CIT to Present at the 2012 American Financial Services Association Investor Conference on May 16, 2012
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Quebec residents accept responsibility for their financial retirement security: RBC
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Bank of Virginia Reports Profit for the First Quarter of 2012
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