Security Bank

1st Security Bank Announces the Promotions of Kelli Nielsen and Donn Costa Effective May 1st, 2024

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星期五, 五月 24, 2024
Habitat for Humanity, Freddie Mac, Humanity, Sterling Financial Corporation, ABA, Washington Corrections Center, DEI, Business, Marketing, Friends, University, Woman, Pacific Ocean, EVP, Bank, Diversity, Advisory board, Fannie Mae, Security Bank, Committee, WBA, Teaching, Female

MOUNTLAKE TERRACE, Wash., May 24, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security” or “Bank”) announced today the promotions of Kelli Nielsen and Donn Costa to the positions of EVP, Chief Retail Banking Officer and EVP, Chief Home Lending Officer, respectively.

Key Points: 
  • MOUNTLAKE TERRACE, Wash., May 24, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security” or “Bank”) announced today the promotions of Kelli Nielsen and Donn Costa to the positions of EVP, Chief Retail Banking Officer and EVP, Chief Home Lending Officer, respectively.
  • 1st Security Bank Chief Executive Officer, Joe Adams, announced the promotions at an all-employee meeting on Friday, May 17th.
  • During the announcement, Adams said, “Kelli and Donn have shown tremendous leadership in their departments, helping to innovate how we attract and retain our customers.
  • He joined 1st Security in 2011, after having worked as Executive Vice President of Sterling Savings Bank following its merger with Golf Savings Bank in 2009.

1st Security Bank Announces the Promotions of Sean McCormick and Robert Nesbitt to Executive Vice President roles

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星期一, 五月 20, 2024
Committee on Finance, University, Credit analyst, Commercial, General contractor, SVP, Bank, MBA, Growth, Student, Security Bank, Volunteering, Food Lifeline

MOUNTLAKE TERRACE, Wash., May 20, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security” or “Bank”) announced today the promotions of Sean McCormick and Robert Nesbitt to the positions of Chief Credit Administration Officer and Chief Credit Operations Officer of the Bank, respectively.

Key Points: 
  • MOUNTLAKE TERRACE, Wash., May 20, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security” or “Bank”) announced today the promotions of Sean McCormick and Robert Nesbitt to the positions of Chief Credit Administration Officer and Chief Credit Operations Officer of the Bank, respectively.
  • Sean joined 1st Security Bank as a Commercial Credit Analyst in 2011.
  • In addition, Robert Nesbitt has been named Chief Credit Operations Officer for the Bank in charge of its commercial credit operations.
  • “1st Security Bank is extremely fortunate to have two individuals of Sean and Robert’s caliber lead our credit strategy, credit risk, and commercial loan operations.

Mitsubishi Motors Posts Record Sales in the Philippines in FY2023

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星期三, 四月 24, 2024
MUFG, Ecosystem, Mitsubishi Motors, Xpander, Philippine Stock Exchange, G4, Republic, Partnership, MPV, Mirage, Triton, Mitsubishi UFJ Financial Group, Bank, Security Bank, Automotive industry

TOKYO, Apr 24, 2024 - (JCN Newswire) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced that it posted record retail sales of 81,473 vehicles(1) in the Philippines in FY2023, an increase of 34 percent from the previous fiscal year and the highest volume since FY2017.

Key Points: 
  • TOKYO, Apr 24, 2024 - (JCN Newswire) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced that it posted record retail sales of 81,473 vehicles(1) in the Philippines in FY2023, an increase of 34 percent from the previous fiscal year and the highest volume since FY2017.
  • "Mitsubishi Motors has been involved in production and sales in the Philippines for more than 60 years, contributing to that country's economy and earning the solid confidence of customers," said Tatsuo Nakamura, Executive Vice President (responsible for Sales) of Mitsubishi Motors.
  • Mitsubishi Motors has signed a joint venture agreement with Security Bank(3), a financial institution in the Philippines on April 9 to establish Mitsubishi Motors Finance Philippines Inc., a retail finance company that will offer financing services to Mitsubishi Motors' customers.
  • Going forward, Mitsubishi Motors has plans for further sales expansion in the Philippines through Security Bank's extensive lineup of retail financial products.

Glacier Bancorp, Inc. Receives Regulatory Approval for Acquisition of Six Montana Branches From HTLF Bank

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星期四, 四月 18, 2024
First Bank, Glacier Bancorp, GBCI, Acquisition, First Security Bank, Security Bank, Branch, Financial services

KALISPELL, Mont., April 18, 2024 (GLOBE NEWSWIRE) -- Glacier Bancorp, Inc. (NYSE: GBCI) today announced that its banking subsidiary, Glacier Bank, has received all regulatory approvals required to complete its previously announced acquisition of six Montana branch locations of HTLF Bank (the “Branches”), the bank subsidiary of Heartland Financial USA, Inc. (NASDAQ: HTLF).

Key Points: 
  • KALISPELL, Mont., April 18, 2024 (GLOBE NEWSWIRE) -- Glacier Bancorp, Inc. (NYSE: GBCI) today announced that its banking subsidiary, Glacier Bank, has received all regulatory approvals required to complete its previously announced acquisition of six Montana branch locations of HTLF Bank (the “Branches”), the bank subsidiary of Heartland Financial USA, Inc. (NASDAQ: HTLF).
  • The transaction is expected to be completed in July 2024, subject to customary closing conditions.
  • The six branches Glacier Bank will acquire are:
    As of March 31, 2024, the Branches had approximately $463 million in local deposits and $296 million in loans.
  • In addition, the transaction provides immediate liquidity and will be meaningfully accretive to GBCI's earnings per share.”
    Upon closing of the transaction, Glacier Bank intends that the Branches will join Glacier Bank divisions operating in Montana, including First Bank of Montana, First Security Bank of Bozeman, First Security Bank of Missoula, Valley Bank of Helena, and Western Security Bank.

United Security Bancshares Reports First Quarter 2024 Earnings

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星期四, 四月 18, 2024
Banking, Professional Services, Finance, Security Bank, United Security Bancshares

The Board of Directors of United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, reported today operating results for the quarter ended March 31, 2024. For the full release, please visit UBFO Investor Relations https://investors.unitedsecuritybank.com/Q12024-PR .

Key Points: 

The Board of Directors of United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, reported today operating results for the quarter ended March 31, 2024. For the full release, please visit UBFO Investor Relations https://investors.unitedsecuritybank.com/Q12024-PR .

United Security Bancshares Declares Quarterly Cash Dividend

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星期三, 三月 27, 2024
Banking, Professional Services, Finance, United Security Bancshares, Security Bank

On March 26, 2024, the Board of Directors of United Security Bancshares (the “Company”) (NASDAQ: UBFO), the parent company of United Security Bank (the “Bank”), declared a regular quarterly cash dividend of $0.12 per share on the Company’s common stock.

Key Points: 
  • On March 26, 2024, the Board of Directors of United Security Bancshares (the “Company”) (NASDAQ: UBFO), the parent company of United Security Bank (the “Bank”), declared a regular quarterly cash dividend of $0.12 per share on the Company’s common stock.
  • The dividend is payable on April 22, 2024, to shareholders of record as of April 8, 2024.

German American Bank Announces Scott Powell as Chief Credit Officer

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星期一, 三月 4, 2024
Acquisition, German Americans, First Security Bank, Bachelor of Science, Security Bank, Culture, First, Retirement, MBA, McKendree University, University, Management

JASPER, Ind., March 04, 2024 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) and its banking subsidiary, German American Bank, announces that Scott Powell has been appointed Executive Vice President, Chief Credit Officer, effective April 1, 2024.

Key Points: 
  • JASPER, Ind., March 04, 2024 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) and its banking subsidiary, German American Bank, announces that Scott Powell has been appointed Executive Vice President, Chief Credit Officer, effective April 1, 2024.
  • Powell will succeed current Executive Vice President and Chief Credit Officer, Keith A. Leinenbach, who will be retiring.
  • As an executive, he has been instrumental in growing our company both organically and through acquisitions, and driving superior financial performance.”
    Powell joined German American Bank through the acquisition of First Security Bank in 2018 where he served as an executive and Chief Credit officer.
  • He currently serves in the role of Regional Credit Officer at German American.

Security Bank drives digital transformation of wealth management business with Avaloq

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星期三, 二月 28, 2024
Wealth management, STP, Bank, Security Bank, Growth, AUM, Communication, Avaloq, Automation, Software, Partnership, Financial services

Since launching its Wealth Management business in 2017, the bank has grown its wealth management assets under management by a CAGR of 44% and has expanded its client base by a CAGR of 40%.

Key Points: 
  • Since launching its Wealth Management business in 2017, the bank has grown its wealth management assets under management by a CAGR of 44% and has expanded its client base by a CAGR of 40%.
  • Arnold Bengco, Financial Markets Head at Security Bank, said: "The bank's strategic partnership with Avaloq will strengthen our wealth management capabilities even further.
  • With Avaloq's specialized wealth management platform and RM Workplace solution, we can further expand our wealth management business to help individuals and businesses in the region grow and preserve their wealth.
  • We are proud to work closely with Security Bank to support the growth of the Philippines' wealth management sector."

United Security Bancshares Reports Fourth Quarter and Year-To-Date 2023 Earnings

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星期四, 一月 25, 2024
Banking, Professional Services, Finance, United Security Bancshares, Security Bank

The Board of Directors of United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, reported today operating results for the quarter and year ended December 31, 2023.

Key Points: 
  • The Board of Directors of United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, reported today operating results for the quarter and year ended December 31, 2023.
  • For the full release, please visit UBFO Investor Relations https://investors.unitedsecuritybank.com/Q42023-PR/ .

Glacier Bancorp, Inc. Announces Fourth Quarter Earnings Release And Conference Call

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星期二, 一月 16, 2024
Buena Vista, Colorado, GBCI, Byline Bank, Bank, Glacier Bancorp, First Community Bank, First State Bank, Coeur, Security Bank, First Security Bank, Webcast, Altabank, ID, American Fork, Utah, Billings, Montana

KALISPELL, Mont., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Glacier Bancorp, Inc. (NYSE: GBCI) will report fourth quarter financial results after the market closes on January 25, 2024.

Key Points: 
  • KALISPELL, Mont., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Glacier Bancorp, Inc. (NYSE: GBCI) will report fourth quarter financial results after the market closes on January 25, 2024.
  • A conference call for investors is scheduled for 11:00 a.m. Eastern Time on Friday, January 26, 2024.
  • Please note that our conference call host no longer offers a general dial-in number.
  • Investors who would like to join the call may now register by following this link to obtain dial-in instructions: https://register.vevent.com/register/BI418b19026885468085e5f5ca09a5f67e
    To participate via the webcast, log on to: https://edge.media-server.com/mmc/p/2w5869im
    If you are unable to participate during the live webcast, the call will be archived on our website, www.glacierbancorp.com .