Deposit Insurance and Credit Guarantee Corporation

FIBRA Macquarie México Announces Ordinary and Extraordinary Holders’ Meeting

Retrieved on: 
Thursday, November 9, 2023
Commercial Building & Real Estate, Construction & Property, REIT, ACT, Agenda, Attention, Macquarie Group, Treasury, Global Certification Commission, Av, Meeting, Trustee, Eric Holder, II, Telephone, Publication, Business analyst, Deposit Insurance and Credit Guarantee Corporation, Commonwealth, AS, OR, Trust, Mexican Stock Exchange, Paseo de la Reforma, City, Risk, Common, RNV, BMV, AND, S.A, Medical device, Security (finance)

The Call Notice and materials to be presented at the Meeting will be available in FIBRA Macquarie’s website at www.fibramacquarie.com .

Key Points: 
  • The Call Notice and materials to be presented at the Meeting will be available in FIBRA Macquarie’s website at www.fibramacquarie.com .
  • FIBRA Macquarie México (FIBRA Macquarie) (BMV:FIBRAMQ) is a real estate investment trust (fideicomiso de inversión en bienes raíces), or FIBRA, listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores) targeting industrial, retail and office real estate opportunities in Mexico, with a primary focus on stabilized income-producing properties.
  • The obligations of these other Macquarie Group entities do not represent deposits or other liabilities of Macquarie Bank.
  • Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these other Macquarie Group entities.

Summit State Bank Reports Net Income of $1.8 Million for Third Quarter 2023; Declares Quarterly Cash Dividend of $0.12 Per Common Share

Retrieved on: 
Wednesday, October 25, 2023
Sale, Bank, Pressure, Financial result, USDA, Interest, Growth, NOW, Deposit Insurance and Credit Guarantee Corporation, Compact disc, SBA, Agriculture, Insurance, Life insurance, Clothing, Cryptocurrency, Rare-earth element

Lower net interest income resulting from an increase in interest expense on deposits offset aforementioned increase in non-interest income.

Key Points: 
  • Lower net interest income resulting from an increase in interest expense on deposits offset aforementioned increase in non-interest income.
  • The Board of Directors declared a quarterly cash dividend of $0.12 per share on October 24, 2023.
  • Third quarter revenues (interest income plus noninterest income) increased 20.8% to $16,427,000, compared to $13,596,000 in the third quarter a year ago.
  • Declared a quarterly cash dividend of $0.12 per share for the three months ended September 30, 2023, June 30, 2023 and September 30, 2022.

Lake Shore Bancorp, Inc. Announces 2023 Second Quarter Financial Results

Retrieved on: 
Thursday, July 27, 2023
Lender option borrower option, Maintenance, Marketing, Current Expected Credit Losses, Deposit Insurance and Credit Guarantee Corporation, Sale, Advertising, CECL, Total, Cryptocurrency, Bank, Pharmaceutical industry

2023 second quarter net interest income increased $236,000, or 3.9%, to $6.2 million as compared to $6.0 million for the 2022 second quarter.

Key Points: 
  • 2023 second quarter net interest income increased $236,000, or 3.9%, to $6.2 million as compared to $6.0 million for the 2022 second quarter.
  • Interest income for the 2023 second quarter was $8.4 million, an increase of $2.0 million, or 31.7%, compared to $6.4 million for the 2022 second quarter.
  • 2023 second quarter interest expense was $2.3 million, an increase of $1.8 million, or 398.0%, from $453,000 for the 2022 second quarter.
  • Advertising expense increased $56,000, or 45.5%, during the second quarter of 2023 primarily due to an increase in marketing costs during the second quarter of 2023.

Delaware Investments National Municipal Income Fund announces new board of trustees and new investment management agreement with abrdn Inc.

Retrieved on: 
Friday, July 7, 2023
Professional Services, Finance, Deposit Insurance and Credit Guarantee Corporation, Commonwealth, Macquarie Group, Trustee, Risk, Security (finance)

Today, Delaware Investments National Municipal Income Fund (the “Fund”), a New York Stock Exchange American-listed closed-end fund trading under the symbol “VFL”, announced that the new investment management agreement with abrdn Inc. was executed on July 7, 2023 at approximately 4:00 pm ET.

Key Points: 
  • Today, Delaware Investments National Municipal Income Fund (the “Fund”), a New York Stock Exchange American-listed closed-end fund trading under the symbol “VFL”, announced that the new investment management agreement with abrdn Inc. was executed on July 7, 2023 at approximately 4:00 pm ET.
  • Fund shareholders approved the election of four new trustees and the new investment management agreement with abrdn Inc. at a Special Meeting of Shareholders held on March 8, 2023.
  • The four new trustees took office today upon the resignation of the previous trustees and abrdn Inc. replaced Delaware Management Company, a series of Macquarie Investment Management Business Trust, as the Fund’s investment adviser.
  • Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these other Macquarie Group entities.

Lake Shore Bancorp, Inc. Announces 2023 First Quarter Financial Results

Retrieved on: 
Thursday, April 27, 2023
Lender option borrower option, Insurance, Maintenance, Marketing, Current Expected Credit Losses, Deposit Insurance and Credit Guarantee Corporation, Bank, Sale, Advertising, CECL, Total, Pharmaceutical industry, Airline

“We are pleased with Lake Shore’s financial results during the first quarter of 2023,” stated Kim Liddell, President and CEO.

Key Points: 
  • “We are pleased with Lake Shore’s financial results during the first quarter of 2023,” stated Kim Liddell, President and CEO.
  • 2023 first quarter net interest income increased $823,000, or 15.1%, to $6.3 million as compared to $5.5 million for the 2022 first quarter.
  • Interest income for the 2023 first quarter was $8.0 million, an increase of $2.0 million, or 34.0%, compared to $5.9 million for the 2022 first quarter.
  • 2023 first quarter interest expense was $1.7 million, an increase of $1.2 million, or 256.2%, from $466,000 for the 2022 first quarter.

Northfield Bancorp, Inc. Announces First Quarter 2023 Results

Retrieved on: 
Thursday, April 27, 2023
Borrowing base, Insurance, Federal Reserve Bank, Pressure, Uncertainty, Small business, PCD, Plan, Comparison, ALL, COST, Risk management, FDIC, CASH, Sale, Federal Home Loan Banks, PPP, OF, Investment, FIRST, Risk, COMMON, Growth, Federal Deposit Insurance Corporation, Bank, WITH, Deposit Insurance and Credit Guarantee Corporation, Environment, Geographic Locator Codes, Three Months, Holding company, Cryptocurrency, Life insurance, Real estate

WOODBRIDGE, N.J., April 26, 2023 (GLOBE NEWSWIRE) -- NORTHFIELD BANCORP, INC. (Nasdaq:NFBK) (the “Company”), the holding company for Northfield Bank, reported net income of $11.7 million, or $0.26, per diluted share for the three months ended March 31, 2023, as compared to $14.1 million, or $0.31 per diluted share for the three months ended December 31, 2022, and $14.1 million, or $0.30 per diluted share, for the three months ended March 31, 2022. The decrease in net income for the current quarter as compared to the trailing and comparable prior year quarters resulted primarily from a decrease in net interest income driven by higher funding costs, partially offset by higher yields on interest-earning assets.

Key Points: 
  • THE COMPANY REPURCHASED 1.1 MILLION SHARES FOR A COST OF $16.0 MILLION DURING THE FIRST QUARTER OF 2023, AND SUSPENDED REPURCHASES ON MARCH 16, 2023.
  • Net charge-offs were $2.0 million for the quarter ended March 31, 2023, as compared to net charge-offs of $493,000 for the quarter ended December 31, 2022.
  • For the quarter ended March 31, 2023, gains on trading securities, net, were $512,000, compared to gains of $585,000 for the quarter ended December 31, 2022.
  • The effective tax rate for the quarter ended March 31, 2023 was 27.9%, compared to 28.1% for the quarter ended and December 31, 2022.

Macquarie Global Infrastructure Total Return Fund Inc. announces completion of reorganization into abrdn Global Infrastructure Income Fund

Retrieved on: 
Monday, March 13, 2023
Professional Services, Finance, Macquarie Group, Commonwealth, Fund, Deposit Insurance and Credit Guarantee Corporation, Risk, Corporate action, Calendar, Financial services, Security (finance)

Macquarie Global Infrastructure Total Return Fund Inc.

Key Points: 
  • Macquarie Global Infrastructure Total Return Fund Inc.
    Any applicable fractional shares will be paid as cash-in-lieu to the applicable holder.
  • Questions regarding the exchange of shares of the Fund in connection with the Reorganization should be directed to 800 522-5465.
  • The obligations of these other Macquarie Group entities do not represent deposits or other liabilities of Macquarie Bank.
  • Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these other Macquarie Group entities.

Delaware Investments Dividend and Income Fund, Inc. announces completion of reorganization into abrdn Global Dynamic Dividend Fund

Retrieved on: 
Monday, March 13, 2023
Professional Services, Finance, Macquarie Group, Investment, Deposit Insurance and Credit Guarantee Corporation, Risk, Corporate action, Fund, Calendar, Commonwealth, Holding company, Security (finance)

Delaware Investments Dividend and Income Fund, Inc.

Key Points: 
  • Delaware Investments Dividend and Income Fund, Inc.
    Any applicable fractional shares will be paid as cash-in-lieu to the applicable holder.
  • In early 2024, shareholders of the Fund will receive a Form 1099-DIV for the calendar year 2023 that will tell shareholders how to report Fund distributions for federal income tax purposes.
  • Questions regarding the exchange of shares of the Fund in connection with the Reorganization should be directed to 800 522-5465.
  • Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these other Macquarie Group entities.

Delaware Enhanced Global Dividend and Income Fund announces completion of reorganization into abrdn Global Dynamic Dividend Fund

Retrieved on: 
Monday, March 13, 2023
Professional Services, Finance, Macquarie Group, Commonwealth, Fund, Deposit Insurance and Credit Guarantee Corporation, Risk, Corporate action, Calendar, Security (finance)

In early 2024, shareholders of the Fund will receive a Form 1099-DIV for the calendar year 2023 that will tell shareholders how to report Fund distributions for federal income tax purposes.

Key Points: 
  • In early 2024, shareholders of the Fund will receive a Form 1099-DIV for the calendar year 2023 that will tell shareholders how to report Fund distributions for federal income tax purposes.
  • Questions regarding the exchange of shares of the Fund in connection with the Reorganization should be directed to 800 522-5465.
  • The obligations of these other Macquarie Group entities do not represent deposits or other liabilities of Macquarie Bank.
  • Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these other Macquarie Group entities.

Delaware Ivy High Income Opportunities Fund announces completion of reorganization into abrdn Income Credit Strategies Fund

Retrieved on: 
Monday, March 13, 2023
Banking, Asset Management, Professional Services, Finance, Macquarie Group, Commonwealth, Fund, Deposit Insurance and Credit Guarantee Corporation, Risk, Corporate action, Calendar, Security (finance)

In early 2024, shareholders of the Fund will receive a Form 1099-DIV for the calendar year 2023 that will tell shareholders how to report Fund distributions for federal income tax purposes.

Key Points: 
  • In early 2024, shareholders of the Fund will receive a Form 1099-DIV for the calendar year 2023 that will tell shareholders how to report Fund distributions for federal income tax purposes.
  • Questions regarding the exchange of shares of the Fund in connection with the Reorganization should be directed to 800 522-5465.
  • The obligations of these other Macquarie Group entities do not represent deposits or other liabilities of Macquarie Bank.
  • Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these other Macquarie Group entities.