The First

Absecon Bancorp Declares First-Quarter Cash Dividend of $0.75 Per Share

Retrieved on: 
Wednesday, March 13, 2024
First National Bank, FDIC, National bank, The First, Computershare, OTC, Federal Deposit Insurance Corporation

ABSECON, N.J., March 13, 2024 (GLOBE NEWSWIRE) -- Absecon Bancorp (the “Company”) (OTC, trading as ASCN), the bank holding company of First National Bank of Absecon, an Atlantic County New Jersey based community bank, announced today that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.75 per share, payable on March 28, 2024 to shareholders of record as of March 14, 2024.

Key Points: 
  • ABSECON, N.J., March 13, 2024 (GLOBE NEWSWIRE) -- Absecon Bancorp (the “Company”) (OTC, trading as ASCN), the bank holding company of First National Bank of Absecon, an Atlantic County New Jersey based community bank, announced today that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.75 per share, payable on March 28, 2024 to shareholders of record as of March 14, 2024.
  • The First National Bank of Absecon, a nationally chartered bank headquartered in Absecon, New Jersey, has a long history of serving the community since its establishment in 1916.
  • Deposits at The First National Bank of Absecon are insured up to the legal maximum amount by the Federal Deposit Insurance Corporation (FDIC).
  • Dividend distributions are processed by Computershare Trust Company, N.A.

Elmer Bancorp, Inc. Announces Cash Dividend and Annual Meeting Date

Retrieved on: 
Monday, April 1, 2024
Banking, Professional Services, Finance, OTC Markets Group, FDIC, ELMER, Bank, Annual general meeting, Federal Deposit Insurance Corporation, First National Bank, National bank, The First, Holding company

Brian W. Jones, President and CEO of the Company stated, “I am pleased that the Board of Directors of Elmer Bancorp, Inc. has declared a cash dividend of $0.20 per common share.

Key Points: 
  • Brian W. Jones, President and CEO of the Company stated, “I am pleased that the Board of Directors of Elmer Bancorp, Inc. has declared a cash dividend of $0.20 per common share.
  • The record date for shareholders to vote at the Annual Meeting is April 10, 2024.
  • The First National Bank of Elmer, a nationally chartered bank headquartered in Elmer, New Jersey, has a long history of serving the community since its beginnings in 1903.
  • Deposits at The First National Bank of Elmer are insured up to the legally maximum amount by the Federal Deposit Insurance Corporation (FDIC).

Elmer Bancorp, Inc. Announces Special Cash Dividend

Retrieved on: 
Thursday, February 1, 2024
Banking, Professional Services, Finance, ELMER, National bank, OTC Markets Group, Federal Deposit Insurance Corporation, First National Bank, The First, FDIC

ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), parent company of The First National Bank of Elmer (the “Bank”), announced that the Board of Directors declared a special one-time cash dividend on February 1, 2024 in the amount of $0.10 per common share, payable on March 1, 2024 to shareholders of record as of the close of business on February 15, 2024.

Key Points: 
  • ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), parent company of The First National Bank of Elmer (the “Bank”), announced that the Board of Directors declared a special one-time cash dividend on February 1, 2024 in the amount of $0.10 per common share, payable on March 1, 2024 to shareholders of record as of the close of business on February 15, 2024.
  • Brian W. Jones, President and CEO of the Company stated, “In recognition of our record earnings in 2023, the Board of Directors has elected to declare a special one-time dividend.
  • It gives us great pleasure to be able to reward our shareholders and thank them for their loyalty.
  • Deposits at The First National Bank of Elmer are insured up to the legal maximum amount by the Federal Deposit Insurance Corporation (FDIC).

Elmer Bancorp, Inc. Announces Second Consecutive Year of Record Earnings, Fourth Quarter and 2023 Annual Financial Results

Retrieved on: 
Thursday, January 25, 2024
Banking, Professional Services, OTC Markets Group, FDIC, Employment, Advertising, Bank, History, The First, IRA, Environment, National bank, Investment, ELMER, COVID-19, Federal Deposit Insurance Corporation, Marketing, First National Bank

ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), the parent company of The First National Bank of Elmer (the “Bank”), announces its operating results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), the parent company of The First National Bank of Elmer (the “Bank”), announces its operating results for the fourth quarter and full year ended December 31, 2023.
  • In the fourth quarter of 2023, a parcel of bank-owned, underdeveloped land was written down by $279,000 which reflects its current appraised value.
  • Stockholders’ equity totaled $32.7 million at December 31, 2023 compared to $29.3 million at December 31, 2022, an increase of $3.4 million.
  • Elmer Bancorp’s book value per common share at December 31, 2023 was $28.62 per share compared to $25.45 per share at December 31, 2022.

Absecon Bancorp Announces Annual Cash Dividend of $3.00 Per Share

Retrieved on: 
Tuesday, November 28, 2023
FDIC, First National Bank, The First, Federal Deposit Insurance Corporation, National bank, OTC, Holding company

ABSECON, N.J., Nov. 28, 2023 (GLOBE NEWSWIRE) -- Absecon Bancorp (the “Company”) (OTC, trading as ASCN), the bank holding company of First National Bank of Absecon, an Atlantic County New Jersey based community bank, announced today that its Board of Directors authorized a cash dividend in the amount of $3.00 per share on November 22, 2023.

Key Points: 
  • ABSECON, N.J., Nov. 28, 2023 (GLOBE NEWSWIRE) -- Absecon Bancorp (the “Company”) (OTC, trading as ASCN), the bank holding company of First National Bank of Absecon, an Atlantic County New Jersey based community bank, announced today that its Board of Directors authorized a cash dividend in the amount of $3.00 per share on November 22, 2023.
  • The annual cash dividend of $3.00 per share is payable on January 20, 2024 to stockholders of record holding shares of common stock at the close of business on December 29, 2023.
  • The First National Bank of Absecon, a nationally chartered bank headquartered in Absecon, New Jersey, has a long history of serving the community since its establishment in 1916.
  • Deposits at The First National Bank of Absecon are insured up to the legally maximum amount by the Federal Deposit Insurance Corporation (FDIC).

Elmer Bancorp, Inc. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, October 26, 2023
Banking, Professional Services, Finance, FDIC, Federal Deposit Insurance Corporation, OTC Markets Group, Bank, The First, Government, ELMER, National bank, Real estate owned, Current Expected Credit Losses, Employment, First National Bank, Investment, Cryptocurrency, Insurance

ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), the parent company of The First National Bank of Elmer (the “Bank”), announces its operating results for the three and nine months ended September 30, 2023.

Key Points: 
  • ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), the parent company of The First National Bank of Elmer (the “Bank”), announces its operating results for the three and nine months ended September 30, 2023.
  • Net interest income for the three months ended September 30, 2023 totaled $3.688 million, an increase of $356,000 from $3.332 million in the third quarter of 2022.
  • For the nine months ended September 30, 2023, net interest income totaled $11.220 million compared to $9.075 million for the nine-month period of 2022.
  • Brian W. Jones, President and Chief Executive Officer stated, “The third quarter proved to be yet another quarter of strong earnings.

Elmer Bancorp, Inc. Announces Cash Dividend

Retrieved on: 
Monday, October 2, 2023
Banking, Professional Services, Finance, OTC Markets Group, Federal Deposit Insurance Corporation, FDIC, The First, National bank, ELMA, First National Bank, ELMER, Bank

ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), parent company of The First National Bank of Elmer (the “Bank”), announced that the Board of Directors declared a cash dividend on October 2, 2023 in the amount of $0.20 per common share, payable on November 1, 2023 to shareholders of record as of the close of business on October 16, 2023.

Key Points: 
  • ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), parent company of The First National Bank of Elmer (the “Bank”), announced that the Board of Directors declared a cash dividend on October 2, 2023 in the amount of $0.20 per common share, payable on November 1, 2023 to shareholders of record as of the close of business on October 16, 2023.
  • Brian W. Jones, President and CEO of the Company stated, “The Board of Directors is pleased to announce the continuation of a dividend payout as a return on our shareholders investment in our institution.
  • We remain thankful for their loyalty and support.”
    The First National Bank of Elmer, a nationally chartered bank headquartered in Elmer, New Jersey, has a long history of serving the community since its beginnings in 1903.
  • Deposits at The First National Bank of Elmer are insured up to the legally maximum amount by the Federal Deposit Insurance Corporation (FDIC).

Sean Spicer Launches New Show to Debut on August 21 at The Site of The First GOP Debate

Retrieved on: 
Monday, August 14, 2023
Culture, Politics, Multimedia, Pulse, The First TV, IHeartRadio, Apple Podcasts, Google Podcasts, Amazon Music, Republican, Left, Spicer, The First, RNC, Music, Film industry, Entertainment, Spotify

WASHINGTON, Aug. 14, 2023 /PRNewswire/ -- Amidst growing anticipation, Sean Spicer announced the launch of his new show, The Sean Spicer Show, an insider guide to the intricate world of U.S. politics.

Key Points: 
  • The Sean Spicer Show is an insider guide to the intricate world of U.S. politics.
  • For an ad-free video experience and behind-the-scenes bonus content daily, viewers can subscribe to The Sean Spicer Show community on Locals.
  • Conservative commentary and free speech network The First TV ("The First") will air The Sean Spicer Show daily at 6:00 PM ET.
  • The Sean Spicer Show isn't just another show about politics," says Spicer.

Elmer Bancorp, Inc. Announces Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, July 27, 2023
Banking, Professional Services, OTC Markets Group, Federal Deposit Insurance Corporation, Employment, Current Expected Credit Losses, FDIC, The First, National bank, Government, First National Bank, CECL, ELMER, Bank, Environment, Cryptocurrency, Insurance

ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), the parent company of The First National Bank of Elmer (the “Bank”), announces its operating results for the three and six months ended June 30, 2023.

Key Points: 
  • ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), the parent company of The First National Bank of Elmer (the “Bank”), announces its operating results for the three and six months ended June 30, 2023.
  • Net interest income for the three months ended June 30, 2023 totaled $3.826 million, an increase of $829,600 from $2.997 million in the second quarter of 2022.
  • The loan loss provision was reduced by $23,500 and $64,400 for the three and six months ended June 30, 2023 compared to no loan loss provision in the first or second quarter of 2022.
  • Brian W. Jones, President and Chief Executive Officer stated, “Once again, we are pleased to announce an outstanding earnings report for the second quarter of 2023.

Government Institution Adopts SS Innovations International’s SSi Mantra Surgical Robotic System

Retrieved on: 
Friday, June 30, 2023
Mantra, Government, Thoracic cavity, SSI, The First, Global Governance Institute, Patient, SS, OTC, Medical device, Tuberculosis

FORT LAUDERDALE, FL, June 30, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- SS Innovations International, Inc. (the “Company” or “SS Innovations”) (OTC: SSII), a developer of innovative surgical robotic technologies dedicated to making robotic surgery affordable and accessible to a global population, today announces the first successful surgical procedure at the National Institute of Tuberculosis and Respiratory Diseases (NITRD) in New Delhi, India using the SSi Mantra surgical robotic system.

Key Points: 
  • FORT LAUDERDALE, FL, June 30, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- SS Innovations International, Inc. (the “Company” or “SS Innovations”) (OTC: SSII), a developer of innovative surgical robotic technologies dedicated to making robotic surgery affordable and accessible to a global population, today announces the first successful surgical procedure at the National Institute of Tuberculosis and Respiratory Diseases (NITRD) in New Delhi, India using the SSi Mantra surgical robotic system.
  • NITRD is the first Central Government Institution in India to purchase SS Innovations’ state-of-the-art SSi Mantra surgical robotic system, and the first Indian hospital with national status to conduct robotic surgery using the indigenous SSi Mantra surgical robotic system.
  • NITRD Director, Dr. Ravindra Kumar Dewan, and consultant thoracic surgeon, Dr. Saraansh Bansal , recently performed the successful lung surgery.
  • Dr. Dewan said, “SSi Mantra’s surgeon’s console provides a magnified, close-up view of the surgical area compared to the traditional visual-assisted system.