Clifton Bancorp, Inc.

Traditions Bancorp Announces Share Repurchase Plan

Retrieved on: 
Thursday, March 24, 2022
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YORK, Pa., March 24, 2022 /PRNewswire/ --Traditions Bancorp, Inc. (OTC Pink: TRBK), the parent company for Traditions Bank, today announced that its Board of Directors has approved a stock repurchase plan pursuant to which Traditions Bancorp may repurchase up to $3 million of its outstanding shares of common stock.

Key Points: 
  • YORK, Pa., March 24, 2022 /PRNewswire/ --Traditions Bancorp, Inc. (OTC Pink: TRBK), the parent company for Traditions Bank, today announced that its Board of Directors has approved a stock repurchase plan pursuant to which Traditions Bancorp may repurchase up to $3 million of its outstanding shares of common stock.
  • Traditions Bancorp may repurchase common stock from time to time in the open market, in privately negotiated transactions, or any trading plan that may be adopted in accordance with all applicable securities laws and regulations, including rule 10b5-1 of the Securities and Exchange Commission.
  • The timing and amount of share repurchases under the stock repurchase plan will be determined by management and will depend on a number of factors, including market conditions, Traditions Bancorp's stock price performance, ongoing capital planning considerations, and applicable legal requirements.
  • For information concerning the share repurchase, contact may be made with Troy N. Carlson, SVP & Community Bank Professional at D.A.

CNB Community Bancorp, Inc. Declares Quarterly Cash Dividend of $0.27 Per Share

Retrieved on: 
Friday, March 18, 2022
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CNB Community Bancorp Inc. (OTCQX:CNBB) is a one-bank holding company.

Key Points: 
  • CNB Community Bancorp Inc. (OTCQX:CNBB) is a one-bank holding company.
  • Its subsidiary bank, County National Bank ("CNB"), is a nationally chartered full-service community bank that also offers investment management and trust services, which has been serving South Central Michigan since 1934.
  • In 2021, CNB was ranked 23rd in American Banker Magazine's Top 200 publicly traded banks under $2 billion and CNB has grown to over $1 billion in assets.
  • CNB provides a wide array of financial products and services through its 13 full-service offices and 19 ATMs.

ConnectOne Bank Announces Membership in USDF Consortium

Retrieved on: 
Wednesday, March 9, 2022
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ENGLEWOOD CLIFFS, N.J., March 09, 2022 (GLOBE NEWSWIRE) -- ConnectOne Bank, the insured depository subsidiary of ConnectOne Bancorp, Inc. (NASDAQ: CNOB), announced today its membership in the USDF Consortium, an association of FDIC-insured financial institutions with a mission to build a network of banks to further the adoption and interoperability of USDF a tokenized deposit.

Key Points: 
  • ENGLEWOOD CLIFFS, N.J., March 09, 2022 (GLOBE NEWSWIRE) -- ConnectOne Bank, the insured depository subsidiary of ConnectOne Bancorp, Inc. (NASDAQ: CNOB), announced today its membership in the USDF Consortium, an association of FDIC-insured financial institutions with a mission to build a network of banks to further the adoption and interoperability of USDF a tokenized deposit.
  • ConnectOne joins other industry leading banks in the Consortium, who will facilitate and promote the use of USDF.
  • ConnectOne Banks participation in the USDF Consortium supports our strategy of building leading commercial banking solutions supported by innovative technology, said ConnectOne Banks Chairman & CEO, Frank Sorrentino III.
  • The USDF token is minted exclusively by U.S. FDIC-insured banks and represents a deposit at a USDF Consortium bank.

IF Bancorp, Inc. Announces Cash Dividend

Retrieved on: 
Wednesday, February 9, 2022
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IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the Company), the holding company for Iroquois Federal Savings and Loan Association, today announced that its Board of Directors declared a cash dividend of $0.175 per common share.

Key Points: 
  • IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the Company), the holding company for Iroquois Federal Savings and Loan Association, today announced that its Board of Directors declared a cash dividend of $0.175 per common share.
  • The dividend will be paid on April 15, 2022, to stockholders of record as of the close of business on March 25, 2022.
  • We are pleased to continue paying a cash dividend to our stockholders, said Walter H. Hasselbring, III, President and Chief Executive Officer of the Company.
  • For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the PSLRA.

Territorial Bancorp Inc. Adopts Repurchase Program

Retrieved on: 
Wednesday, February 2, 2022
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HONOLULU, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the Company), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors has adopted an eleventh stock repurchase program.

Key Points: 
  • HONOLULU, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the Company), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors has adopted an eleventh stock repurchase program.
  • Under this repurchase program, the Company may repurchase up to $5,000,000 of the companys outstanding shares.
  • Allan Kitagawa, Chairman and Chief Executive Officer, said, As our economy recovers from effects of the pandemic, we are pleased to announce our eleventh stock repurchase program.
  • Territorial Bancorp Inc., headquartered in Honolulu, Hawaii, is the stock holding company for Territorial Savings Bank.

IF Bancorp, Inc. Announces Results for Second Quarter of Fiscal Year 2022

Retrieved on: 
Friday, January 28, 2022
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Interest expense decreased to $627,000 for the three months ended December 31, 2021, from $1.2 million for the three months ended December 31, 2020.

Key Points: 
  • Interest expense decreased to $627,000 for the three months ended December 31, 2021, from $1.2 million for the three months ended December 31, 2020.
  • Non-interest income decreased to $1.4 million for the three months ended December 31, 2021, from $1.5 million for the three months ended December 31, 2020.
  • Non-interest expense increased to $4.9 million for the three months ended December 31, 2021, from $4.5 million for the three months ended December 31, 2020.
  • Provision for income tax increased to $629,000 for the three months ended December 31, 2021, from $571,000 for the three months ended December 31, 2020.

Territorial Bancorp Inc. Declares Dividend

Retrieved on: 
Thursday, January 27, 2022
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HONOLULU, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the Company), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors approved a quarterly cash dividend of $0.23 per share.

Key Points: 
  • HONOLULU, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the Company), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors approved a quarterly cash dividend of $0.23 per share.
  • The dividend is expected to be paid on February 24, 2022 to stockholders of record as of February 10, 2022.
  • Allan Kitagawa, Chairman and Chief Executive Officer, said, The fourth quarter of 2021 was very challenging.
  • We have performed well despite relatively low interest rates for new loans, which has decreased asset yields.

Territorial Bancorp Inc. Announces Fourth Quarter 2021 Results

Retrieved on: 
Thursday, January 27, 2022
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Territorial Bancorp Inc. paid a special dividend of $0.10 per share in the fourth quarter of 2021.

Key Points: 
  • Territorial Bancorp Inc. paid a special dividend of $0.10 per share in the fourth quarter of 2021.
  • Board of Directors approved a quarterly cash dividend of $0.23 per share, representing Territorial Bancorp Inc.s 48th consecutive quarterly dividend.
  • Allan Kitagawa, Chairman and Chief Executive Officer, said, The fourth quarter of 2021 was very challenging.
  • Territorial Bancorp Inc., headquartered in Honolulu, Hawaii, is the stock holding company for Territorial Savings Bank.

CNB COMMUNITY BANCORP, INC. REPORTS FOURTH QUARTER 2021 RESULTS

Retrieved on: 
Friday, January 14, 2022
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Earnings during the fourth quarter of 2021 totaled $2.2 million, a decrease of $136,000 from the $2.4 million earned during the three months ended December 31, 2020.

Key Points: 
  • Earnings during the fourth quarter of 2021 totaled $2.2 million, a decrease of $136,000 from the $2.4 million earned during the three months ended December 31, 2020.
  • Basic earnings per share decreased to $1.04 during the three months ended December 31, 2021, down $0.07 from $1.11 during the fourth quarter of 2020.
  • The annualized return on average equity (ROE) decreased to 10.63% for the current quarter, down from 13.27% for the fourth quarter of 2020.
  • Pre-tax, pre-provision income decreased approximately $1.3 million to $2.9 million in the fourth quarter of 2021, compared to $4.2 million in the fourth quarter of 2020.

The Bancorp, Inc. Sets Fourth Quarter and Fiscal 2021 Financial Results Release Date and Conference Call

Retrieved on: 
Friday, January 14, 2022
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The Bancorp, Inc. (Bancorp) (Nasdaq: TBBK) today announced that it will release its fourth quarter and fiscal 2021 financial results after market hours on Thursday, January 27, 2022, and invites investors and other interested parties to listen to its earnings results conference call on Friday, January 28, 2022, at 8:00 a.m. Eastern time.

Key Points: 
  • The Bancorp, Inc. (Bancorp) (Nasdaq: TBBK) today announced that it will release its fourth quarter and fiscal 2021 financial results after market hours on Thursday, January 27, 2022, and invites investors and other interested parties to listen to its earnings results conference call on Friday, January 28, 2022, at 8:00 a.m. Eastern time.
  • All interested parties can access the live conference call webcast by visiting The Bancorp site at www.thebancorp.com and clicking on the webcast link located on the home page or by dialing 844.775.2543, access code 7390458.
  • The Bancorp, Inc. (NASDAQ: TBBK), headquartered in Wilmington, Delaware, through its subsidiary, The Bancorp Bank, provides non-bank financial companies with the people, processes, and technology to meet their unique banking needs.
  • For more about The Bancorp, visit https://thebancorp.com/ .