(The) New Release

Security Bancorp, Inc. Announces Third Quarter Earnings

Retrieved on: 
Friday, November 3, 2023

MCMINNVILLE, Tenn., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Security Bancorp, Inc. (“Company”) (OTCBB: “SCYT”), the holding company for Security Federal Savings Bank of McMinnville, Tennessee, today announced its consolidated earnings for the third quarter of its fiscal year ended December 31, 2023.

Key Points: 
  • MCMINNVILLE, Tenn., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Security Bancorp, Inc. (“Company”) (OTCBB: “SCYT”), the holding company for Security Federal Savings Bank of McMinnville, Tennessee, today announced its consolidated earnings for the third quarter of its fiscal year ended December 31, 2023.
  • Net income for the three months ended September 30, 2023 was $859,000, or $2.30 per share, compared to $877,000, or $2.34 per share, for the same quarter last year.
  • For the nine months ended September 30, 2023, net interest income increased $815,000, or 12.5%, to $7.3 million from $6.5 million for the nine months ended September 30, 2022.
  • Non-interest income for the three months ended September 30, 2023 decreased to $410,000 compared to $451,000 for the three months ended September 30, 2022.

Wesco International Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 2, 2023

The following are results for the three months ended September 30, 2023 compared to the three months ended September 30, 2022:

Key Points: 
  • The following are results for the three months ended September 30, 2023 compared to the three months ended September 30, 2022:
    Net sales were $5.6 billion for the third quarter of 2023 compared to $5.4 billion for the third quarter of 2022, an increase of 3.6%.
  • Backlog at the end of the third quarter of 2023 declined by 6% compared to the end of the third quarter of 2022.
  • Net interest expense for the third quarter of 2023 was $98.5 million compared to $75.1 million for the third quarter of 2022.
  • Wesco will conduct a webcast and teleconference to discuss the third quarter of 2023 earnings as described in this News Release on Thursday, November 2, 2023, at 10:00 a.m. E.T.

Security Bancorp, Inc. Announces Second Quarter Earnings

Retrieved on: 
Thursday, August 3, 2023

MCMINNVILLE, Tenn., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Security Bancorp, Inc. (“Company”) (OTCBB: “SCYT”), the holding company for Security Federal Savings Bank of McMinnville, Tennessee, today announced its consolidated earnings for the second quarter of its fiscal year ended December 31, 2023.

Key Points: 
  • MCMINNVILLE, Tenn., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Security Bancorp, Inc. (“Company”) (OTCBB: “SCYT”), the holding company for Security Federal Savings Bank of McMinnville, Tennessee, today announced its consolidated earnings for the second quarter of its fiscal year ended December 31, 2023.
  • Net income for the three months ended June 30, 2023 was $819,000, or $2.24 per share, compared to $744,000, or $2.03 per share, for the same quarter last year.
  • For the six months ended June 30, 2023, net interest income increased $746,000, or 18.2%, to $4.8 million from $4.1 million for the six months ended June 30, 2022.
  • Non-interest income for the three months ended June 30, 2023 decreased to $411,000 compared to $500,000 for the three months ended June 30, 2022.

Wesco International Reports Record Second Quarter 2023 Results

Retrieved on: 
Thursday, August 3, 2023

Backlog at the end of the second quarter of 2023 increased 6% compared to the end of the second quarter of 2022.

Key Points: 
  • Backlog at the end of the second quarter of 2023 increased 6% compared to the end of the second quarter of 2022.
  • Net interest expense for the second quarter of 2023 was $98.8 million compared to $68.5 million for the second quarter of 2022.
  • Other non-operating expense for the second quarter of 2023 was $0.8 million compared to $1.2 million for the second quarter of 2022.
  • The effective tax rate for the second quarter of 2023 was 27.2% compared to 26.5% for the second quarter of 2022.

Security Bancorp, Inc. Announces First Quarter Earnings

Retrieved on: 
Wednesday, May 10, 2023

MCMINNVILLE, Tenn., May 10, 2023 (GLOBE NEWSWIRE) -- Security Bancorp, Inc. (OTCBB “SCYT”) (“Company”) today announced consolidated results for the first quarter ended March 31, 2023.

Key Points: 
  • MCMINNVILLE, Tenn., May 10, 2023 (GLOBE NEWSWIRE) -- Security Bancorp, Inc. (OTCBB “SCYT”) (“Company”) today announced consolidated results for the first quarter ended March 31, 2023.
  • Net income for the three months ended March 31, 2023 was $758,000, or $2.03 basic earnings per share, compared to $567,000, or $1.55 basic earnings per share, for the quarter ended March 31, 2022.
  • Total interest expense increased $911,000 to $1.1 million for the three months ended March 31, 2023 from $192,000 for the quarter ended March 31, 2022.
  • Loans receivable, net, increased $3.1 million, or 1.4%, to $220.6 million at March 31, 2023 from $217.5 million at December 31, 2022.

STUDIO D-39’s Artist Launched a New Picture Book and Got #3 Rank in Amazon Kindle Children's Self-Esteem & Self-Respect Category (New Releases)

Retrieved on: 
Wednesday, April 5, 2023

STUDIO D-39’s new heartwarming picture book ranked #3 in Amazon Kindle Children's Self-Esteem & Self-respect category (New Releases) *As of Apr 1st 13:00 JST.

Key Points: 
  • STUDIO D-39’s new heartwarming picture book ranked #3 in Amazon Kindle Children's Self-Esteem & Self-respect category (New Releases) *As of Apr 1st 13:00 JST.
  • This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20230403005982/en/
    Curious girl Mimi asks her questions to grownups, but nobody would not answer to her.
  • This book is intended to inspire love, life, and growth for children with cute pictures.

Brixton Metals Drills 709m of 0.34% CuEq Including 362m of 0.44% CuEq including 102.15m of 0.61% CuEq at its Camp Creek Porphyry Target, Thorn Project

Retrieved on: 
Wednesday, January 4, 2023

*Copper Equivalent (CuEq) is calculated based on US$ 4.30/lb Cu, US$ 1820.00/oz Au, US$ 23.80/oz Ag, US $18.00/lb Mo.

Key Points: 
  • *Copper Equivalent (CuEq) is calculated based on US$ 4.30/lb Cu, US$ 1820.00/oz Au, US$ 23.80/oz Ag, US $18.00/lb Mo.
  • Drill Collar Location Map for the Camp Creek Porphyry with Copper Equivalent Values.
  • Vice President of Exploration, Christina Anstey, stated, “We are encouraged by the large-scale potential of the Camp Creek Copper Porphyry Target.
  • Calc-alkalic porphyry Cu-Au-Ag-Mo mineralization at the Camp Creek target is disseminated and within quartz-anhydrite veins and as chalcopyrite-molybdenite veins-veinlets.

Security Bancorp, Inc. Announces Third Quarter Earnings

Retrieved on: 
Tuesday, November 8, 2022

MCMINNVILLE, Tenn., Nov. 08, 2022 (GLOBE NEWSWIRE) -- Security Bancorp, Inc. (Company) (OTCBB: SCYT), the holding company for Security Federal Savings Bank of McMinnville, Tennessee, today announced its consolidated earnings for the third quarter of its fiscal year ended December 31, 2022.

Key Points: 
  • MCMINNVILLE, Tenn., Nov. 08, 2022 (GLOBE NEWSWIRE) -- Security Bancorp, Inc. (Company) (OTCBB: SCYT), the holding company for Security Federal Savings Bank of McMinnville, Tennessee, today announced its consolidated earnings for the third quarter of its fiscal year ended December 31, 2022.
  • The increase in net interest income for the three months ended September 30, 2022 was due to the increase in loan interest rates during the quarter as well as loan growth.
  • For the nine months ended September 30, 2022, net interest income, compared to the same quarter in 2021 increased $1.0 million, or 18.6%, to $6.5 million.
  • Non-interest income for the three months ended September 30, 2022 was $451,000 compared to $693,000 for the same quarter of 2021, a decrease of $242,000, or 34.9%.

RevoluGROUP Canada Inc. Venezuela Remittances Begin on RevoluSEND, Continued U.S. Media Coverage, Equity Investment Talks Progress

Retrieved on: 
Monday, October 24, 2022

Vancouver, BC, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Canada Inc. (TSX-V: REVO ), (Frankfurt: IJA2 ) (the "Company") is pleased to announce that RevoluSEND started remittances to Venezuela today.

Key Points: 
  • Vancouver, BC, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Canada Inc. (TSX-V: REVO ), (Frankfurt: IJA2 ) (the "Company") is pleased to announce that RevoluSEND started remittances to Venezuela today.
  • The Company has concluded the technical integration of Venezuela into its remittance platforms and those of white-label partners.
  • Remittance deliveries have begun successfully, with Venezuela being the 117th RevoluSEND remittance country.
  • Families can now receive humanitarian remittances in USD and Bolivares across 64 collection points covering the length and breadth of Venezuela.

Security Bancorp, Inc. Announces Second Quarter Earnings

Retrieved on: 
Thursday, August 4, 2022

MCMINNVILLE, Tenn., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Security Bancorp, Inc. (Company) (OTCBB: SCYT), the holding company for Security Federal Savings Bank of McMinnville, Tennessee, today announced its consolidated earnings for the second quarter of its fiscal year ended December 31, 2022.

Key Points: 
  • MCMINNVILLE, Tenn., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Security Bancorp, Inc. (Company) (OTCBB: SCYT), the holding company for Security Federal Savings Bank of McMinnville, Tennessee, today announced its consolidated earnings for the second quarter of its fiscal year ended December 31, 2022.
  • Net income for the three months ended June 30, 2022 was $744,000, or $2.03 per share, compared to $627,000, or $1.72 per share, for the same quarter last year.
  • For the six months ended June 30, 2022, net interest income increased $459,000, or 12.6%, to $4.1 million from $3.6 million for the six months ended June 30, 2021.
  • Non-interest income for the three months ended June 30, 2022 was $500,000 compared to $608,000 for the same quarter of 2021, a decrease of $108,000.