Capital requirement

First Northern Community Bancorp Reports Fourth Quarter 2018 Earnings

Retrieved on: 
星期三, 一月 30, 2019
Professional services, Banking, Finance, Capital requirement, Insurance, Economy, Companies

The Company continued to be well capitalized under regulatory definitions, exceeding the 10% total risk-based capital ratio threshold at December 31, 2018.

Key Points: 
  • The Company continued to be well capitalized under regulatory definitions, exceeding the 10% total risk-based capital ratio threshold at December 31, 2018.
  • Commenting on the Companys financial results, President & Chief Executive Officer Louise Walker stated, We are pleased to announce First Northern Community Bancorps 2018 performance resulted in record net earnings of $12.6 million, a 43.5% increase over the $8.7 million earned in 2017.
  • First Northern is rated as a Veribanc Blue Ribbon Bank and a 5-Star Superior Bank by Bauer Financial for the earnings period of September 30, 2018 ( www.veribanc.com and www.bauerfinancial.com ).
  • This press release may include certain forward-looking statements about First Northern Community Bancorp and its subsidiaries (the Company).

Mission Valley Bancorp Reports Second Quarter 2018 Earnings

Retrieved on: 
星期二, 七月 24, 2018
Capital requirement, Insurance, Economy

SUN VALLEY, Calif., July 24, 2018 /PRNewswire/ --Mission Valley Bancorp (OTCQX: MVLY) President & CEO Tamara Gurney announces year to date net income of $2.17 million for the period ended June 30, 2018.

Key Points: 
  • SUN VALLEY, Calif., July 24, 2018 /PRNewswire/ --Mission Valley Bancorp (OTCQX: MVLY) President & CEO Tamara Gurney announces year to date net income of $2.17 million for the period ended June 30, 2018.
  • Gurney stated, "Mission Valley Bancorp closed the second quarter of 2018 with Net Earnings of $2,171,000.
  • Total assets closed the second quarter of 2018 at $319.5 million, as compared to $330.4 million reported December 31, 2017.
  • Both Mission Valley Bancorp and Mission Valley Bank capital ratios continue to exceed regulatory requirements with Mission Valley Bancorp reporting a Total Leverage Ratio of 11.7%, Common Equity Tier 1 Capital Ratio of 12.5%, Tier 1 Capital Ratio of 14.7%, and a Total Capital Ratio of 16.0%.

UK blockchain startup BABB launches equity crowdsale to fund banking license

Retrieved on: 
星期二, 六月 26, 2018
Economy, Capital requirement, Banking, Insurance, Bank, Babb

BABB is aiming to become the UK's first bank to be built on a blockchain, and uses its own crypto-asset, BAX, under the hood.

Key Points: 
  • BABB is aiming to become the UK's first bank to be built on a blockchain, and uses its own crypto-asset, BAX, under the hood.
  • In holding an equity crowdsale, BABB is one of the few companies in this space to offer a slice of the pie to equity investors.
  • The money raised in the crowdsale will be used to the fund the Bank of England's minimum capital requirement which BABB must provide in order to obtain a banking license.
  • BABB aims to achieve bank status in the UK in early 2019, parallel to the launch of its banking app in the UK and Europe.

PNC Releases Results Of Annual Dodd-Frank Company-Run Stress Test

Retrieved on: 
星期四, 六月 21, 2018
Bank regulation, Economy, Financial services, Finance, PNC Financial Services, Basel III, Stress test, Basel II, PNC, Capital requirement

These results are the product of a forward-looking regulatory exercise using hypothetical macroeconomic assumptions that are far more adverse than currently expected by the Federal Reserve or PNC, and do not represent a forecast of PNC's future capital levels or anticipated economic conditions.

Key Points: 
  • These results are the product of a forward-looking regulatory exercise using hypothetical macroeconomic assumptions that are far more adverse than currently expected by the Federal Reserve or PNC, and do not represent a forecast of PNC's future capital levels or anticipated economic conditions.
  • The Basel III ratios were determined using the standardized approach for risk weights included in the Basel III rules.
  • Results of PNC's annual Dodd-Frank company-run stress test, including PNC's estimates of pre-provision net revenue, other revenue, loan and other losses, net income before taxes, and regulatory capital ratios for PNC, as well as additional information on the methodologies used in conducting the stress test, may be found at www.pnc.com/regulatorydisclosures.
  • For information about PNC, visit www.pnc.com .

TF Bank has Optimised the Capital Structure by Issuing Additional Tier 1 Capital (AT1)

Retrieved on: 
星期三, 五月 30, 2018
Capital requirement, Tier 1 capital, Economy, Bank

STOCKHOLM, May 30, 2018 /PRNewswire/ -- TF Bank AB has successfully issued SEK 100m Additional Tier 1 Capital.

Key Points: 
  • STOCKHOLM, May 30, 2018 /PRNewswire/ -- TF Bank AB has successfully issued SEK 100m Additional Tier 1 Capital.
  • TF Bank has SEK 100m Tier 2 in place with a maturity in December 2025.
  • The two hybrid capital instruments enable TF Bank to finance the expected future growth through an optimal capital structure.
  • TF Bank is an internet-based niche bank offering consumer banking services through its proprietary IT-platform with a high degree of automation.

Athens Bancshares Corporation Reports Financial Results For The Quarter Ended March 31, 2018

Retrieved on: 
星期二, 五月 1, 2018
Capital requirement, Insurance

ATHENS, Tenn., April 30, 2018 /PRNewswire/ --Athens Bancshares Corporation (OTC QX: AFCB) (the "Company"), the holding company for Athens Federal Community Bank, National Association (the "Bank"), today announced its results of operations for the three months ended March 31, 2018.

Key Points: 
  • ATHENS, Tenn., April 30, 2018 /PRNewswire/ --Athens Bancshares Corporation (OTC QX: AFCB) (the "Company"), the holding company for Athens Federal Community Bank, National Association (the "Bank"), today announced its results of operations for the three months ended March 31, 2018.
  • Total assets increased $17.5 million to $482.3 million at March 31, 2018, compared to $464.8 million at December 31, 2017.
  • The Bank was considered well-capitalized under applicable federal regulatory capital guidelines at March 31, 2018.
  • Except as may be required by applicable law or regulation, the Company assumes no obligation to update any forward-looking statements.

One Day From Basel III Basel IV & CRD V Course: What's Next for the Banks - London UK - 7th June 2018

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星期二, 四月 24, 2018
Bank regulation, Financial services, Capital requirement, Finance, Money, Capital Requirements Directives, Capital Requirements Regulation, Basel III, Basel II, CRD, Basel IV, CRR

The "From Basel III Basel IV & CRD V. What's Next for the Banks" training has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "From Basel III Basel IV & CRD V. What's Next for the Banks" training has been added to ResearchAndMarkets.com's offering.
  • This 1-day course provides a thorough understanding of regulatory requirements, i.e.
  • Basel III, its adoption into European Laws - Capital Requirements Regulation (CRR), Capital Requirements Directive IV (CRD IV) and recent EU banking reform proposals - its implications for financial institutions and how best practice institutions should manage their risks and optimize constrains, i.e.
  • By the end of this course you will:
    Gain a better understanding of stakeholders (regulators, shareholders) requirements following the financial crisis

Mission Valley Bancorp Reports Record First Quarter Earnings

Retrieved on: 
星期二, 四月 24, 2018
Capital requirement, Economy, Finance, Money, Financial ratios, Insurance, Debt, Tier 1 capital, Capital adequacy ratio, Leverage

Gurney stated, "Mission Valley Bancorp has once again achieved a benchmark quarter close, reaching net income of $1,384,000.

Key Points: 
  • Gurney stated, "Mission Valley Bancorp has once again achieved a benchmark quarter close, reaching net income of $1,384,000.
  • Gurney continued, "I am equally pleased to share that, for the third consecutive year, Mission Valley also achieved the prestigious ranking as one of California's 2017 'Super Premier Performing Banks' by the Findley Reports.
  • Both Mission Valley Bancorp and Mission Valley Bank capital ratios continue to exceed regulatory requirements with Mission Valley Bancorp reporting a Total Leverage Ratio of 11.4%, Common Equity Tier 1 Capital Ratio of 12.6%, Tier 1 Capital Ratio of 14.9%, and a Total Capital Ratio of 16.2%.
  • Forward-looking statements are effective only as of the date that they are made and Mission Valley Bank assumes no obligation to update this information.