Union Bankshares Corporation Reports Earnings Jul 25, 2009
33 par value, shares authorized 36,000,000; issued and outstanding, 13,604,601 shares, 13,570,970 shares, and 13,503,852 shares, respectively 18,103 18,055 17,962 Surplus 102,076 101,719 41,811 Retained earnings 153,947 155,140 153,630 Warrant 2,808 2,808 - Discount on preferred stock (2,544) (2,790) - Accumulated other comprehensive (loss) income (521) (1,724) 72 ---- ------ -- Total stockholders' equity 274,459 273,798 213,475 ------- ------- ------- Total liabilities and stockholders' equity... (PR Newswire)
Somerset Hills Bancorp Announces Redemption of Preferred Stock Issued to U.S. Treasury May 21, 2009
Accrued dividends and accretion of discount on the Preferred Stock through the redemption date and the aforementioned accelerated accretion charge have no impact on net income, but will reduce net income available to common and earnings per common share. The Company expects to notify Treasury within the next few weeks of its intention to negotiate the repurchase of warrants that were also issued to the Treasury pursuant to the Capital Purchase Program. (Primezone Releases)
South Texas Oil Company Announces First Quarter 2009 Financial and Operating Results May 17, 2009
SOUTH TEXAS OIL COMPANY Consolidated Statements of Cash Flows (Unaudited) Three Months Three Months Ended Ended March 31, 2009 March 31, 2008 Operating Activities Net loss $(5,787,756) $(3,362,344) Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Derivative loss and revenue reduction - 1,485,000 Depreciation, depletion and amortization 663,124 1,084,367 Debt issuance costs amortization 869,457 635,793 Amortization of deferred stock compensation 1,677,498... (PR Newswire)
Advantage Announces 1st Quarter Results 2009 May 15, 2009
50% --------------------------------------------------------- Trading symbol AVN.DBB AVN.DBF AVN.DBC Debentures outstanding $ - $ 29,839 $ 52,268 --------------------------------------------------------- Liability component: Balance at December 31, 2008 $ 4,859 $ 29,687 $ 51,579 Accretion of discount 8 75 227 Matured (4,867) - - --------------------------------------------------------- Balance at March 31, 2009 $ - $ 29,762 $ 51,806 ---------------------------------------------------------... (PR Newswire)
North Central Bancshares, Inc. Announces Preliminary Results for First Quarter 2009 May 12, 2009
Condensed Consolidated Statements of Income (Unaudited) (Dollars in Thousands, except per share data) For the Three Months Ended March 31, 2009 2008 Interest income $6,466 $7,488 Interest expense 3,068 4,293 ----- ----- Net interest income 3,398 3,195 Provision for loan loss 160 60 --- -- Net interest income after provision for loan loss 3,238 3,135 Noninterest income 1,845 1,704 Noninterest expense 3,947 3,744 ----- ----- Income before income taxes 1,136 1,095 Income taxes 354 291 --- --- Net... (PR Newswire)
Intellon Reports First Quarter Fiscal 2009 Results Apr 28, 2009
Accretion of discount on investment securities. (47. (Yahoo! Wire -- Entertainment News)
Advantage Announces Release of Fourth Quarter and Year Ended December 31, 2008 Financial Results Mar 19, 2009
75% ----------------------------------------------------------- Trading symbol AVN.DB AVN.DBA AVN.DBB AVN.DBF Debentures outstanding $ - $ - $ 4,867 $ 29,839 ----------------------------------------------------------- Liability component: Balance at December 31, 2006 $ 1,464 $ 5,235 $ 4,676 $ - Assumed on Sound acquisition - - - 48,700 Accretion of discount 22 98 91 96 Converted to Trust Units (1,486) - - (8) Redeemed for cash - - - (19,406)... (PR Newswire)
Delta Petroleum Corporation Announces 2008 Annual and Fourth Quarter Results Mar 3, 2009
Year ended December 31, 2008 (in thousands) Beginning of the year $ 701,874 Sales of oil and gas production during the period, net of production costs (164,755) Purchase of reserves in place 289,040 Net change in prices and production costs (907,844) Changes in estimated future development costs (27,087) Extensions, discoveries and improved recovery 242,079 Revisions of previous quantity estimates, estimated timing of development and other (281,302) Previously estimated development and... (PR Newswire)
AIG EARNINGS: Read the company's press release Mar 3, 2009
For the full year 2008, net loss development from prior accident years, excluding accretion of discount, was adverse by $118 million. The overall adverse development consisted of approximately $1. (USA Today -- Money)
