Call report

Absecon Bancorp Announces Share Repurchase Plan

Retrieved on: 
Wednesday, June 7, 2023
First National Bank, Share repurchase, Call report, Bank statement, OTC, Security (finance)

ABSECON, N.J., June 07, 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 2023 share repurchase plan.

Key Points: 
  • ABSECON, N.J., June 07, 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 2023 share repurchase plan.
  • Under the terms of the 2023 share repurchase plan, the Company is authorized to buy back up to 10,000 shares, representing approximately 9.1% of its 110,312 issued and outstanding shares of common stock.
  • The 2023 share repurchase plan does not obligate the Company to acquire any particular number of shares of common stock, and it may be modified or suspended at any time at the Company's discretion.
  • The net income consisted of undistributed bank income of $332,103, which was derived from its wholly owned bank subsidiary, First National Bank of Absecon.

John Marshall Bank’s Financial Condition Remains Strong

Retrieved on: 
Monday, March 13, 2023
Banking, Professional Services, Finance, Federal Deposit Insurance Corporation, Call report, California Department of Financial Protection and Innovation, SVB, Bank, Federal Home Loan Banks, Face, FDIC, Innovation, Silicon Valley Bank, JMSB, California Department, Borrowing base, Department store, Cryptocurrency

John Marshall Bancorp, Inc. (Nasdaq: JMSB) (the “Company”), parent company of John Marshall Bank (the “Bank”) is providing an update on certain unaudited information pertaining to the Bank’s financial condition.

Key Points: 
  • John Marshall Bancorp, Inc. (Nasdaq: JMSB) (the “Company”), parent company of John Marshall Bank (the “Bank”) is providing an update on certain unaudited information pertaining to the Bank’s financial condition.
  • Among other segments, SVB provided financial services to startup (early-stage) and venture capital companies.
  • John Marshall Bank has a long history of financial strength with a conservative operating philosophy.
  • The John Marshall Bank team remains prepared to assist existing, new and SVB customers in our market area with our competitive financial products and services and our well known, outstanding customer service.

Moonstone Bank Issues Statement Regarding Recent Motion by the Joint Provisional Liquidators of FTX Markets

Retrieved on: 
Saturday, December 24, 2022
Finance, Cryptocurrency, Banking, Professional Services, Asset Management, Federal funds, FTX, Privacy, Bank, State bank, Joint, News, Call report, Motion, Person, Security (finance)

Farmington State Bank, d/b/a Moonstone Bank, has a legal duty to protect from public disclosure the privacy of account holders, regardless of who they are.

Key Points: 
  • Farmington State Bank, d/b/a Moonstone Bank, has a legal duty to protect from public disclosure the privacy of account holders, regardless of who they are.
  • We also have been in contact with both the FTX debtor-in-possession and the Bahamian Joint Provisional Liquidator.
  • We look forward to an order from the Delaware Bankruptcy Court, which should tell us exactly where to transfer the FTX deposit.
  • We intend to file a motion with the Delaware Bankruptcy Court asking for clear direction.

Hiya and Ericsson Partner to Deliver Network-Based Call Protection to Wireless Carriers Globally

Retrieved on: 
Tuesday, September 27, 2022
Technology, Mobile, Wireless, Telecommunications, VoIP, Cloud, Call report, AT, Efficiency, MSS, Frustration, Partnership, Technology, Nasdaq Stockholm, Industry, Investment, IMS, CEO, Fraud, NASDAQ, Human, Silicon, Network equipment, Online shopping, Mobile phone, Hello, Ericsson

Hiya , the leading call performance management cloud, today announced a new partnership with Ericsson (NASDAQ: ERIC) to provide network-based call protection to wireless carriers globally.

Key Points: 
  • Hiya , the leading call performance management cloud, today announced a new partnership with Ericsson (NASDAQ: ERIC) to provide network-based call protection to wireless carriers globally.
  • The new offering, named Call Qualification, is a spam and fraud call protection service powered by Hiya Protect that is immediately available to all wireless carriers using the Ericsson IP Multimedia Subsystem (IMS).
  • Call Qualification integrates Hiya Protect directly into the Ericsson IMS to combat the growing problem of spam and fraud calls across the world.
  • The unique partnership offers carriers the fastest path to addressing spam and fraud call protection and improving the voice experience for subscribers.

Hiya and Grupo MASMOVIL Partner to Protect Pepephone Users from Spam and Fraud Calls

Retrieved on: 
Wednesday, August 3, 2022
Apps, Applications, Technology, Telecommunications, Mobile, Wireless, Software, Artificial Intelligence, Carriers and Services, CVM, Samsung, Pepephone, Call report, Fraud, Technology, Android, IOS, Human, AT, Smartphone, Online shopping, Mobile phone, Hello, Huawei

Hiya , the leading call performance management cloud, today announced it is partnering with Pepephone , a MasMovil Group company, to protect customers from spam and fraud calls in Spain.

Key Points: 
  • Hiya , the leading call performance management cloud, today announced it is partnering with Pepephone , a MasMovil Group company, to protect customers from spam and fraud calls in Spain.
  • The Pepeescudo app uses a proprietary analytic engine, developed by Hiya, to monitor calls in real-time and evaluate if they are spam or fraud.
  • Customers can also use the Pepeescudo app to choose to block all spam or fraud calls before they ring the phone.
  • Hiya currently protects more than 200 million users worldwide by flagging spam calls and blocking fraud calls from reaching consumers.

Hiya Launches Branded Call Intelligence, Industry’s Only SaaS-Based Call Analytics Tool That Addresses the Enterprise Voice Performance Gap

Retrieved on: 
Monday, June 20, 2022
Technology, Mobile, Wireless, Telecommunications, VoIP, KPI-driven code analysis, Human, Samsung, Secrecy, Forrester, Black, Call report, AT, Sales, Online shopping, Mobile phone, Hello

Hiya , the leading call performance management cloud, today announced the availability of Branded Call Intelligence, a full suite of call delivery and performance analytics for making data-driven decisions that narrow the enterprise voice performance gap.

Key Points: 
  • Hiya , the leading call performance management cloud, today announced the availability of Branded Call Intelligence, a full suite of call delivery and performance analytics for making data-driven decisions that narrow the enterprise voice performance gap.
  • Branded Call Intelligence is part of Hiya Connect , Hiyas SaaS-based secure branded caller ID solution.
  • Spam and fraud calls hurt businesses and make customers less likely to answer unidentified phone calls thats the enterprise voice performance gap.
  • Branded Call Intelligence provides a full suite of customizable analytics to optimize call delivery, performance, and reputation effectively narrowing the enterprise voice performance gap.

Hiya and Gabb Wireless Partner to Protect Kids from Spam and Fraud Calls

Retrieved on: 
Wednesday, April 20, 2022
Data Management, Security, Technology, Mobile, Wireless, Software, Networks, Samsung, CEO, Call report, AT, Human, Android, Smartphone, Technology, Solution, Parent, Partnership, Mobile phone, Hello, Gabb

Hiya , the leading call performance management cloud, today announced it is partnering with Gabb Wireless , the leader in providing safe tech for kids, to protect them from spam and fraud calls in the United States.

Key Points: 
  • Hiya , the leading call performance management cloud, today announced it is partnering with Gabb Wireless , the leader in providing safe tech for kids, to protect them from spam and fraud calls in the United States.
  • According to Hiyas 2022 State of the Call Report , Americans received an average of 18 spam and fraud calls per month last year.
  • Hiya currently protects more than 200 million users by flagging spam calls and blocking fraud calls from reaching consumers.
  • Gabb Wireless will integrate Hiyas call protection features directly into the phone dialer on the Gabb Phone, an Android device.

Bank of Botetourt posts exceptional 2021 results; Board votes to increase the cash dividend following last month's stock dividend

Retrieved on: 
Monday, January 31, 2022
U.S. Department of the Treasury, Office of Inspector General, Bank, Growth, CEO, III, City, Insurance, Sale, SBA, Program, Paycheck Protection Program, Income tax, Federal Deposit Insurance Corporation, Polish material losses during World War II, Dividend, CARES Act, COVID, Federal Reserve Bank of St. Louis, COVID-19, Board, Marketing, Treasury, Federal Reserve Bank, Forgiveness, Call report, Town, Investment, Economic growth, Unemployment, Family, U.S. Department of Commerce Office of Security, FDIC, Consumer Protection Act, Director, ATM, PPP, Income, Holding company, Cryptocurrency, Pension fund, Credit, Life insurance, Financial services, Botetourt

In 2021, the Bank participated in the next round of the SBA's PPP Program, generating $18,000,00 in new PPP loans.

Key Points: 
  • In 2021, the Bank participated in the next round of the SBA's PPP Program, generating $18,000,00 in new PPP loans.
  • President & CEO, G. Lyn Hayth, III stated "Bank of Botetourt posted exceptional financial results for 2021, exceeding budget expectations.
  • With the decline in requests for assistance, Bank of Botetourt ended its COVID relief program during the second quarter of 2021.
  • Bank of Botetourt also operates a mortgage division, Virginia Mountain Mortgage and a financial services division, Botetourt Wealth Management.

OTC Markets Group Introduces Upgrades to Qaravan Bank Analytics Platform

Retrieved on: 
Tuesday, November 16, 2021
Call report, News, OTC Markets Group, OTCQX, Bank holding company, FINRA, Completeness, ATS, Company, SEC, Microsoft Excel, Holding company, OTC, SIPC, Security (finance), Online shopping

In addition to bank Call Reports and UBPRs, Qaravan now offers commonly used bank Holding Company reports like Y-6s, Y-9s, and BHCPRs.

Key Points: 
  • In addition to bank Call Reports and UBPRs, Qaravan now offers commonly used bank Holding Company reports like Y-6s, Y-9s, and BHCPRs.
  • "Expanding the universe of analytics and market data available through Qaravan was a critical driver behind this new offering," said Matthew Fuchs, Executive Vice President of Market Data and Strategy at OTC Markets Group.
  • Complete bank performance data can be found in Qaravan, OTC Markets Group's web-based risk and performance analytics software covering more than 5,000 U.S. Banks.
  • About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX Best Market, the OTCQB Venture Market and the Pink Open Market for over 11,000 U.S. and global securities.

Absecon Bancorp Announces Share Repurchase Plan

Retrieved on: 
Tuesday, August 31, 2021
GLOBE, Company, Call report, Board of directors, First National Bank, Board, Share repurchase, OTC, Atlantic County, New Jersey, Security (finance)

ABSECON, N.J., Aug. 31, 2021 (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 2021 share repurchase plan.

Key Points: 
  • ABSECON, N.J., Aug. 31, 2021 (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 2021 share repurchase plan.
  • Under the terms of the 2021 share repurchase plan, the Company is authorized to buy back up to 10,000 shares, representing approximately 8.9% of its 112,281 issued and outstanding shares of common stock.
  • The 2021 share repurchase plan does not obligate the Company to acquire any particular number of shares of common stock, and it may be modified or suspended at any time at the Company's discretion.
  • The net income consisted of undistributed bank income of $210,000, which was derived from its wholly owned bank subsidiary, First National Bank of Absecon.