DUNMORE | Jotup

FNCB Bancorp, Inc. Declares Second Quarter 2024 Dividend

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星期三, 四月 24, 2024

DUNMORE, Pa., April 24, 2024 (GLOBE NEWSWIRE) -- On April 24, 2024, the Board of Directors of FNCB Bancorp, Inc. (NASDAQ:FNCB) declared a dividend of $0.090 per share for the second quarter of 2024.

Key Points:

DUNMORE, Pa., April 24, 2024 (GLOBE NEWSWIRE) -- On April 24, 2024, the Board of Directors of FNCB Bancorp, Inc. (NASDAQ:FNCB) declared a dividend of $0.090 per share for the second quarter of 2024.
The second quarter 2024 dividend is payable on June 17, 2024 to shareholders of record as of June 3, 2024.
Year-to-date dividends declared in 2024 total $0.18 per share.

Fidelity D & D Bancorp, Inc. Reports First Quarter 2024 Financial Results

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星期三, 四月 24, 2024

Sale, Investment, FTE, Discounting, Insurance, Environment, Advertising, FDIC, Growth

DUNMORE, Pa., April 24, 2024 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three-month period ended March 31, 2024.

Key Points:

DUNMORE, Pa., April 24, 2024 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three-month period ended March 31, 2024.
Net interest income was $14.9 million for the first quarter of 2024, a 12% decrease from the $17.0 million earned for the first quarter of 2023.
The Company also utilized $5.0 million more in average short-term borrowings during the first quarter of 2024 which contributed additional interest expense compared to the first quarter of 2023.
The cost of funds increased 95 basis points to 1.93% for the first quarter of 2024 from 0.98% for the first quarter of 2023.

Fidelity D & D Bancorp, Inc. Second Quarter 2024 Dividend

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星期三, 四月 17, 2024

Online, Fidelity Bank, Discounting, Security (finance), Discount, Online banking

DUNMORE, Pa., April 17, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s second quarter dividend of $0.38 per share.

Key Points:

DUNMORE, Pa., April 17, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s second quarter dividend of $0.38 per share.
The dividend is payable June 10, 2024 to shareholders of record at the close of business on May 20, 2024.
Fidelity D & D Bancorp, Inc. serves Lackawanna, Luzerne, Northampton and Lehigh Counties through The Fidelity Deposit and Discount Bank’s 21 full-service community banking offices, along with the Fidelity Bank Wealth Management Minersville Office in Schuylkill County.
Fidelity Bank provides a digital and virtual experience via digital services and digital account opening through Online Banking and the Fidelity Mobile Banking app.

Cielo Announces Closing of First Tranche of Private Placement of Convertible Debenture Units

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星期一, 三月 11, 2024

CALGARY, Alberta, March 11, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce the closing of the first tranche (“Tranche 1”) of its previously announced non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of C $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to C $5,000,000 (the "Private Placement"). The Company anticipates that it will close subsequent tranches of the Private Placement in the coming weeks.

Key Points:

CALGARY, Alberta, March 11, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce the closing of the first tranche (“Tranche 1”) of its previously announced non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of C $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to C $5,000,000 (the "Private Placement").
The Company anticipates that it will close subsequent tranches of the Private Placement in the coming weeks.
“The closing of this first tranche of our Private Placement represents a great start to reaching the targeted proceeds,” said Ryan Jackson, Cielo’s CEO.
Pursuant to the closing Tranche 1, the Company issued 560 Convertible Debenture Units for gross proceeds of C $560,000, consisting of 560 Convertible Debentures and 1,400,000 Warrants.

FNCB Bancorp, Inc. Announces Fourth Quarter and Year to Date 2023 Earnings

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星期二, 一月 30, 2024

FNCB declared and paid dividends to shareholders of common stock of $0.09 per share for the fourth quarters of 2023 and 2022.

Key Points:

FNCB declared and paid dividends to shareholders of common stock of $0.09 per share for the fourth quarters of 2023 and 2022.
The tax-equivalent net interest margin increased 2 basis points to 2.87% for the fourth quarter of 2023 from 2.85% for the third quarter of 2023.
The fourth quarter increase followed a 10-basis point improvement from 2.75% for the second quarter of 2023.
Non-interest income for the fourth quarter of 2023 totaled $2.3 million, a decrease of $61 thousand, or 2.5%, from $2.4 million for the fourth quarter of 2022.

Fidelity D & D Bancorp, Inc. Reports 2023 Financial Results

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星期三, 一月 24, 2024

Financial instrument, FDIC, ASC, CECL, Growth, Small Business Administration, Trust, ASU, Interest, FTE, Tax, Sale, Discounting, Fidelity Bank, Depreciation, SBA, Selection, Investment, PPP, Bank

DUNMORE, Pa., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three and twelve month periods ended December 31, 2023.

Key Points:

DUNMORE, Pa., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three and twelve month periods ended December 31, 2023.
Net interest income was $62.1 million for the year ended December 31, 2023 compared to $72.3 million for the year ended December 31, 2022.
During the first quarter of 2023, the Company adopted Accounting Standard Update 2016-13, Financial Instruments - Credit Losses (Topic 326) Measurement of Credit Losses on Financial Instruments (CECL).
The Company remains well capitalized with Tier 1 capital at 9.15% of total average assets as of December 31, 2023.

FNCB Bancorp, Inc. Declares First Quarter 2024 Dividend

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星期三, 一月 24, 2024

DUNMORE, Pa., Jan. 24, 2024 (GLOBE NEWSWIRE) -- On January 24, 2024, the Board of Directors of FNCB Bancorp, Inc. (NASDAQ:FNCB) declared a dividend of $0.09 per share for the first quarter of 2024.

Key Points:

DUNMORE, Pa., Jan. 24, 2024 (GLOBE NEWSWIRE) -- On January 24, 2024, the Board of Directors of FNCB Bancorp, Inc. (NASDAQ:FNCB) declared a dividend of $0.09 per share for the first quarter of 2024.
The first quarter 2024 dividend is payable on March 15, 2024 to shareholders of record as of March 1, 2024.
The first quarter 2024 dividend is unchanged from the dividend of $0.09 per share declared for the first quarter of 2023.

Fidelity D & D Bancorp, Inc. First Quarter 2024 Dividend

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星期四, 一月 18, 2024

Online, Online banking, Discount, Discounting, Fidelity Bank, Security (finance)

DUNMORE, Pa., Jan. 18, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s 2024 first quarter dividend of $0.38 per share, a 6% increase above the prior year’s first quarter dividend paid of $0.36 per share.

Key Points:

DUNMORE, Pa., Jan. 18, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s 2024 first quarter dividend of $0.38 per share, a 6% increase above the prior year’s first quarter dividend paid of $0.36 per share.
The dividend is payable March 8, 2024 to shareholders of record at the close of business on February 16, 2024.
Fidelity D & D Bancorp, Inc. serves Lackawanna, Luzerne, Northampton and Lehigh Counties through The Fidelity Deposit and Discount Bank’s 21 full-service community banking offices, along with the Fidelity Bank Wealth Management Minersville Office in Schuylkill County.
Fidelity Bank provides a digital and virtual experience via digital services and digital account opening through Online Banking and the Fidelity Mobile Banking app.

Cielo Provides Update on Purchase of Land in Dunmore

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星期四, 一月 18, 2024

Consolidation, CMC, Sale, Exchange, TSX Venture Exchange, News

CALGARY, Alberta, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a waste-to-fuel environmental technology company, announces today that it has executed an amendment (the “Amendment”) to the agreement of purchase and sale (the “PSA”) with Renewable U Energy Inc. (“Renewable U”) regarding the purchase by Cielo of land in Dunmore, Alberta (the “Dunmore Land”) for the purposes of building a full-scale, waste-to-fuel facility (the “Dunmore Facility”).

Key Points:

CALGARY, Alberta, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a waste-to-fuel environmental technology company, announces today that it has executed an amendment (the “Amendment”) to the agreement of purchase and sale (the “PSA”) with Renewable U Energy Inc. (“Renewable U”) regarding the purchase by Cielo of land in Dunmore, Alberta (the “Dunmore Land”) for the purposes of building a full-scale, waste-to-fuel facility (the “Dunmore Facility”).
On May 1st, 2023, Cielo announced its agreement with Renewable U to acquire the Dunmore Land, which provided for a condition deadline as well as a tentative closing date, both of which have been amended since the date of the initial agreement, as previously disclosed.
The Payment Shares, if approved and once issued, will be subject to a hold period of four months and one day from the date of issuance.
On January 16, 2024, the Company had announced that it is proceeding with a share consolidation (the “Consolidation”) on the basis of one pre-Consolidation common share of Cielo for every fifteen post-Consolidation common shares of Cielo, which should read “…one post-Consolidation common share of Cielo for every fifteen pre-Consolidation common shares of Cielo”.

Cielo Announces Closing of Asset Purchase Transaction with Expander Energy Inc. and Results of Shareholder Meeting

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星期五, 十一月 10, 2023

CALGARY, Alberta, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a waste-to-fuel environmental technology company, is pleased to announce that it has closed the asset purchase transaction (the “Transaction”) with Expander Energy Inc. (“Expander”) announced on September 20, 2023.

Key Points:

CALGARY, Alberta, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a waste-to-fuel environmental technology company, is pleased to announce that it has closed the asset purchase transaction (the “Transaction”) with Expander Energy Inc. (“Expander”) announced on September 20, 2023.
Pursuant to an asset purchase agreement dated September 15, 2023, as amended and restated on November 8, 2023 (the “Asset Purchase Agreement”) between Cielo and Expander, Cielo has acquired assets and liabilities of Expander to operate the EBTL™ and BGTL™ technologies business being acquired from Expander (the “Acquired Business”).
Ryan Jackson, CEO of Cielo, commented, “The completion of this agreement is a significant achievement for Cielo and Expander shareholders.
Cielo and Expander have agreed to make certain amendments to the Asset Purchase Agreement, including the removal of Cielo’s financing obligations.