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    News and Articles on Demand Deposit



    American Community Bancorp Reports Second Quarter Results  Aug 1, 2009
    -- Low cost demand deposit accounts increase $7,688,606, or 37 ... At June 30, 2009, low cost demand deposit balances had increased $7,688,606, or 37 ... Michael S. Sutton, President and Chief Executive Officer, commented, "Although we are disappointed with our quarterly earnings, there are a number of positives to report. We have seen improvement throughout the year in our net interest margin. The increase of our demand deposit portfolio, coupled with certificate of deposit repricing... (PR Newswire)

    Center Bancorp, Inc. Reports Second Quarter 2009 Earnings  Jul 31, 2009
    Total deposit funding sources, including overnight repurchase agreements (which agreements are part of the demand deposit base), amounted to $979. 3 million at June 30, 2009, an increase of $289. (Primezone Releases)

    American Principle Bank Announces Second Quarter 2009 Financial Results  Jul 30, 2009
    Deposit growth during the first half of 2009 was concentrated in noninterest-bearing demand deposit accounts ("DDA") and certificates of deposit ... --- financial data follows --- AMERICAN PRINCIPLE BANK Financial Highlights Unaudited (Dollars In Thousands) June 30, March 31, December 31, Financial Condition Data 2009 2009 2008 -------- --------- ----------- Assets ------ Cash and due from banks $2,071 $2,253 $3,319 Federal funds sold 140 160 2,730 Interest bearing deposits in other financial... (PR Newswire)

    Community Capital Corporation Reports Quarterly Earnings, Deposit Growth and Elimination of Director Fees  Jul 28, 2009
    William G. Stevens, President/CEO of Community Capital Corporation, stated, "While we are disappointed with our bottom line results, we are encouraged by our company's ability to generate pretax preprovision core earnings. Our strategy of focusing on shifting the mix of funding sources has been enhanced by our cash management calling efforts which were begun in early 2008. As a result, noninterest bearing demand deposit balances have increased 43% since December 31, 2008 and now total $105... (Primezone Releases)

    Astoria Financial Corporation Announces Second Quarter Operating EPS of $0.11  Jul 23, 2009
    77 NOW and demand deposit 1,550,791 269 0 ... 01 NOW and demand deposit 1,508,664 319 0 ... 84 NOW and demand deposit 1,510,098 547 0. (PR Newswire)

    Bank boosts benefit  Jun 23, 2009
    Bank of Brewton is participating in the Transactions Account Guarantee Program, which provides unlimited FDIC deposit insurance for all demand deposit accounts, Nall said. Bank of Brewton was organized by a local businessman, Charles L. Sowell, on Jan. 7, 1889. (Brewton Standard, AL)

    Home Bancorp Announces 2009 First Quarter Results  Apr 30, 2009
    March 31, December 31, Increase(Decrease) (dollars in thousands) 2009 2008 Amount Percent Demand deposit $71,181 $67,047 $4,134 6% Savings 21,812 19,741 2,071 10 Money market 74,624 68,850 5,774 8 NOW 43,643 42,200 1,443 3 Certificates of deposit 163,882 156,307 7,575 5 Total deposits $375,142 $354,145 $20,997 6. Net Interest Income. (PR Newswire)

    American Principle Bank Announces: First Quarter 2009 Financial Results; Achievement of Profitability; Total Assets Exceed $175 Million  Apr 18, 2009
    Deposit growth during the first quarter of 2009 was concentrated in noninterest-bearing demand deposit accounts ("DDA") and certificates of deposit ... AMERICAN PRINCIPLE BANK Financial Highlights Unaudited (Dollars In Thousands) March 31, December 31, 2009 2008 Financial Condition Data Assets ------ Cash and due from banks $2,253 $3,319 Federal funds sold 160 2,730 Interest bearing deposits in other financial institutions 6,903 104 Securities available for sale, at fair value: Mortgage backed... (PR Newswire)

    * EDITORIAL: Nothing to get excited about  Mar 29, 2009
    79 percent in the previous month, meaning that a substantial amount of capital was moved into the equity market and there was a sustained flow of money from time deposit to demand deposit accounts. In the local equity market, the benchmark TAIEX index has risen 18. (Taipei Times, Taiwan -- World Business)




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