Sussex Bancorp Announces Improved Third Quarter and Nine Month Earnings Oct 23, 2009
SUSSEX BANCORP CONSOLIDATED BALANCE SHEETS (Dollars In Thousands) (Unaudited) ASSETS September 30, September 30, December 31, ------ 2009 2008 2008 ----------------------------------------- Cash and due from banks $13,240 $10,537 $7,602 Federal funds sold 2,038 15,470 13,310 ------------- ------------- ------------- Cash and cash equivalents 15,278 26,007 20,912 Interest bearing time deposits with other banks 100 100 100 Trading securities 3,974 13,519 13,290 Securities available for sale 80,040... (Primezone Releases)
Eagle Bancorp, Inc. Announces $2.1 Million 3rd Quarter Net Income Available to Common Shareholders and a 20% Decline in Nonperforming Assets in the 3rd Quarter Oct 22, 2009
77% Time deposits 576,978 3,552 2 ... 93% Time deposits 580,781 11,675 2. (Primezone Releases)
READ: Wells Fargo's press release Oct 22, 2009
57 240 Other time deposits 18,248 1 ... 23 940 Other time deposits 21,794 1 ... 31, Dec. 31, Sept. 30, 2009 2009 2009 2008 2008 Earning assets Federal funds sold, securities purchased under resale agreements $ 16,356 20,889 24,074 9,938 3,463 and other short-term investments Trading assets 20,518 18,464 22,203 5,004 4,838 Debt securities available for sale: Securities of U.S. Treasury and federal agencies 2,545 2,102 2,899 1,165 1,141 Securities of U.S. states and political subdivisions 12,818... (USA Today -- Money)
Savannah Bancorp Reports Third Quarter Earnings of $346,000 and Declares Quarterly Dividend Oct 21, 2009
2) The Savannah Bancorp, Inc. and Subsidiaries Consolidated Balance Sheets September 30, 2009 and 2008 ($ in thousands, except share data) (Unaudited) September 30, --------------------------------------------------------------------- 2009 2008 --------------------------------------------------------------------- Assets Cash and due from banks $ 22,519 $ 14,968 Federal funds sold 16,627 11,570 Interest-bearing deposits 3,847 4,221... (Primezone Releases)
Sensex may reach 19K level by March Oct 21, 2009
J P Morgan's respondents include 1,639 retail investors, 52 corporate treasuries and 293 advisors, that had invested in instruments excluding savings accounts, time deposits, retirement and insurance products, property, gold and other bullion over the past 12 months. Read business stories in. (India Times)
Northeast Bancorp First Quarter Results Show Increase in Net Earnings Oct 17, 2009
"market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-14400", "open" : "", "close" : "", "flags" : {}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000". Search for share prices. (Primezone Releases)
* NT dollar falls for second straight day Oct 13, 2009
173 percent, while the rate for funds from time deposits dropped to 0. 767 percent from 0. (Taipei Times, Taiwan -- World)
Fed Said to Consider Clearing Banks, Facility to Drain Reserves With Repos Oct 9, 2009
He added, in remarks at a conference sponsored by the Cato Institute and the Shadow Open Market Committee in Washington, that we are developing new techniques for draining reserves, including reverse-repurchase agreements against mortgage-backed securities and time deposits for banks at the Federal Reserve. . (Bloomberg -- US)
* Central bank keeps low-interest policy Sep 25, 2009
The government expects the M2, which includes the M1B, time deposits, time savings deposits and foreign currency deposits, to expand between 2 ... 14 percent last month compared with a year ago, as more funds flowed from time deposits to demand saving accounts, the data showed. (Taipei Times, Taiwan -- World)
HSBC bids farewell to dollar supremacy... Sep 25, 2009
" - ALAN If we give aid to all countries the way we did in Iraq, there are entire skids of dollars disappearing left and right. But really, the interest rates are money supply. When they go down it is a direct result of increasing the money supply. The Fed monetizing debt leads to an increase in money supply. We no longer know the real money supply because large time deposits, institutional money-market funds, short-term repurchase agreements, along with other larger liquid assets are no longer... (The Drudge Report)
Bank deposits up downtown Sep 23, 2009
Bank deposits down in Mountain Brook, up downtown - Birmingham Business Journal. for free extra services. (Birmingham Business Journal, AL)
Wall Street Model Is Just Financial Origami: Brendan Moynihan Sep 15, 2009
An interest rate swap is merely a sequential series of 90- day time deposits folded into a single piece of paper. An inverse floating-rate note folds together a fixed-coupon bond and an interest rate swap. (Bloomberg -- Columnists)
K-Fed Bancorp Announces An Increase in Year End Earnings Sep 3, 2009
K-Fed Bancorp Selected Financial Data and Ratios (Unaudited) June 30, 2009 (Dollars in thousands, except per share data) June 30 June 30 Selected Financial Condition Data and Ratios: 2009 2008 --------------------------------------------- ----------- ----------- Total assets $ 895,097 $ 849,291 Gross loans receivable 751,164 745,435 Allowance for loan losses (4,586) (3,229) Cash and cash equivalents 73,705 51,240 Total deposits 566,193 495,058 Federal Home Loan Bank advances 207,004 235,019... (Primezone Releases)
China's stockmarkets: Another great leap Aug 30, 2009
That the vertiginous rise in mainland share prices accompanied a decline in the rate of growth for money in longer-term time deposits suggests small investors may have shifted from the safety of banks to riskier market punts. More controversially, there is widespread speculation that the tidal wave of bank lending initiated by the government as part of its stimulus plan has made its way into the stockmarket. (The Economist)
China GrenTech Corporation Limited Announces Second Quarter 2009 Results Aug 14, 2009
Cash, cash equivalents and pledged time deposits decreased by RMB83 ... China GrenTech Corporation Limited and Subsidiaries Unaudited Condensed Consolidated Balance Sheets As of December 31, 2008 and June 30, 2009 (RMB and US$ expressed in thousands) December June June 31, 2008 30, 2009 30, 2009 RMB RMB US$ Assets Current assets Cash and cash equivalents 293,353 149,514 21,890 Pledged time deposits 122,368 182,567 26,729 Accounts receivable, net 728,260 931,487 136,378 Inventories 520,619... (Yahoo! Wire -- Entertainment News)
Bancolombia S.A. Announces Unconsolidated Results for the Month of July 2009* Aug 13, 2009
8% of time deposits and 19. 7% of total deposits. (PR Newswire)
NetEase.com Reports Second Quarter 2009 Unaudited Financial Results Aug 13, 2009
As of June 30, 2009, the Company's cash and time deposits totaled RMB6 ... NETEASE.COM, INC. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS December 31, June 30, June 30, 2008 2009 2009 RMB RMB USD (Note 1) Assets Current assets: Cash 793,407,922 1,282,098,940 187,710,307 Time deposits 4,820,000,100 4,929,100,734 721,662,723 Accounts receivable, net 231,030,576 133,682,801 19,572,311 Prepayments and other current assets 104,092,051 195,913,131 28,683,365 Deferred tax assets 25,248,842... (PR Newswire)
Sussex Bancorp Announces Second Quarter and Six Months Earnings Aug 13, 2009
CONSOLIDATED BALANCE SHEETS (Dollars In Thousands) (Unaudited) June 30, June 30, Dec. 31, ASSETS 2009 2008 2008 -------- -------- -------- Cash and due from banks $ 11,932 $ 11,409 $ 7,602 Federal funds sold and interest bearing deposits 5,237 30,735 13,310 -------- -------- -------- Cash and cash equivalents 17,169 42,144 20,912 Interest bearing time deposits with other banks 1,096 100 100 Trading securities 7,910 14,104 13,290 Securities available for sale 86,758 48,539 62,272 Federal Home... (Primezone Releases)
3SBio Inc. Announces Unaudited Second Quarter 2009 Results Aug 12, 2009
Cash and cash equivalents / Time deposits ... 9 million) for the first half of 2009, and as of June 30, 2009 retained a strong balance sheet with cash, cash equivalents and time deposits of RMB756 ... For further information, please contact: Investor Contacts 3SBio Inc. Bo Tan Chief Financial Officer Tel: +86-24-2581-1820 Email: Tom Folinsbee Director of Investor Relations Tel: +852-8191-6991 Email: 3SBio Inc. and subsidiaries Unaudited consolidated balance sheets (expressed in thousands)... (PR Newswire)
Northeast Bancorp Releases Annual Results Aug 12, 2009
"market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-14400", "open" : "1250083822", "close" : "1250107222", "flags" : {}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000". Search for share prices. (Primezone Releases)
First Federal Bankshares, Inc. Reports Fourth Quarter and Fiscal Year End Results and Resignation of Chief Executive Officer Aug 12, 2009
FIRST FEDERAL BANKSHARES, INC and SUBSIDIARIES SELECTED FINANCIAL DATA (unaudited) Weighted June 30 Average (Dollars in thousands, except per share amounts) 2009 Rate --------------------------------- ---- ---- Time deposits maturing within ... 49% ----------------------- ------ ---- Total time deposits $215,124 3. (PR Newswire)
China Construction to Buy AIG Unit in Hong Kong, First Purchase Since 2006 Aug 12, 2009
a wholly owned subsidiary of AIG, is a restricted license bank in Hong Kong providing financial services including time deposits, mortgages, private car loans, premium financing, personal loans, credit cards and various credit facilities, according to the companys Web site. The company has more than 500,000 customers, total loans of HK$4. (Bloomberg -- Asia)
First Bankshares, Inc., Parent of SuffolkFirst Bank, Reports Strong Tier 2 Capital of 15.19% After Recording a $444,000 Loss or 20 Cents per Share for Six Months Ending June 30, 2009 Aug 12, 2009
As a result of a 100 basis point decline in average rates paid on time deposits, interest expense of $2,323,951 for the six month period ended June 30, 2009 improved significantly and declined 20% compared to interest expense of $2,908,133 for the same period ended June 30, 2008. Net interest income of $2,293,704 for the six month period ended June 30, 2009 increased $331,124 or 16. (PR Newswire)
EuroBancshares, Inc. Reports Financial Results for the Second Quarter Ended June 30, 2009 Aug 11, 2009
6 million decrease was mainly attributable to a net effect of a decrease in broker deposits and an increase in jumbo and regular time deposits ... In an effort to control increases in our funding cost, we continued focused on other funding alternatives, including attracting other time deposits from the US national markets at lower competitive rates. (PR Newswire)
First United Corporation Announces Second Quarter Earnings Aug 11, 2009
Time deposits increased $19. 2 million due to a successful promotion of the 13 and 24-month products. (PR Newswire)
Bank of the Carolinas Corporation Reports Second Quarter Financial Results Aug 7, 2009
Bank of the Carolinas Corporation Consolidated Balance Sheets (In Thousands Except Share Data) June 30, December 31, ------------ ------------ 2009 2008* ------------ ------------ (Unaudited) Assets Cash and Due from Banks $8,282 $8,271 Interest-Bearing Deposits in Banks 174 2,220 Federal Funds Sold 30,075 - Securities Available for Sale 127,607 108,639 Securities Held to Maturity 4,370 4,500 Loans 405,364 405,402 Less, Allowance for Loan Losses (6,714) (6,308) ------------ ------------ Total... (PR Newswire)
Kobayashi Pharmaceutical Reports Results for the First Quarter Aug 5, 2009
This was the result of various factors including an increase in trade notes and accounts receivable, securities, and products and a decrease in cash and time deposits. Fixed assets shrank to 48,158 million yen compared to the previous first quarter for several reasons including a decrease in investment securities. (JCN Network, Japan)
First Financial Service Corporation Announces Quarterly Results Aug 4, 2009
Sixty percent of deposits are time deposits that reprice over a longer period of time. The increase in the volume of earning assets did have a positive impact on net interest income, which increased $1,253,000 and $2,397,000 for the three and six months ended June 30, 2009, compared to the respective periods ended June 30, 2008. (PR Newswire)
Barclays and HSBC Turn Profits; Sanguine on U.S. Aug 4, 2009
6 billion as the company opted not to renew "several large" time deposits, according to its mid-year results. Current Topics. (American Banker)
Mercantil Commercebank reports $15M loss Aug 1, 2009
Both of these measures were down due to a reduction in fixed, or time deposits, such as CDs, as it did not compete aggressively in the local market for depositors looking for the highest interest rates, according to the news release. Time deposits are usually a bank s most expensive source of deposits, Mercantil Commercebank said in an e-mail. (South Florida Business Journal, FL)
American Community Bancorp Reports Second Quarter Results Aug 1, 2009
AMERICAN COMMUNITY BANCORP, INC. CONSOLIDATED BALANCE SHEETS (Unaudited) (Unaudited) June 30, December 31, June 30, 2009 2008 2008 ------------ ------------ ------------ ASSETS Cash and due from banks $22,157,486 $10,566,834 $3,756,119 Interest bearing balances with banks 2,133,581 67,729 37,922 Federal funds sold - - 4,014,000 ------------ ------------ ------------ Total cash and cash equivalents 24,291,067 10,634,563 7,808,041 Securities available for sale, at fair value 7,662,136 12,540,576... (PR Newswire)
Banco Santander Chile Announces Second Quarter 2009 Earnings Jul 31, 2009
However, customer funds, that is, demand and time deposits and mutual funds, remained stable QoQ and YoY. The Bank let its more expensive time deposits to expire and funneled those funds to mutual funds, which is a more profitable product. As a consequence, total customer deposits decreased 2. (PR Newswire)
Cascade Bancorp (Oregon) Announces Filing of Form 10-Q Quarterly Report and Financial Results for the Second Quarter of 2009 Jul 31, 2009
3% compared to a year-ago primarily in time deposits to enhance liquidity ... 3% compared to the year-ago quarter mainly from increased time deposits; importantly, core customer relationship deposits appear to have stabilized in the current quarter compared to the linked-quarter. (PR Newswire)
Global Consumer Acquisition Corporation Hires George Rosenbaum, Jr. to Serve as Senior Financial Executive Jul 30, 2009
WLBC will have approximately $477 million of Gross Loan Assets, $320 million of Transaction Account Deposits and $214 million in Time Deposits, with residual brokered deposits of less than $13 million. Since May 2007, Mr. Rosenbaum has served as a consultant for various financial entities, including two groups starting de novo banks. (PR Newswire)
Cathay General Bancorp Reports Second Quarter 2009 Results Jul 30, 2009
3%, in time deposits of $100,000 or more offset by decreases of $287 ... 5%, in time deposits under $100,000 ... Brokered deposits which are reported in time deposits under $100,000 declined $375. (PR Newswire)
Georgia-Carolina Bancshares Announces Increase in Second Quarter Net Income Jul 29, 2009
GEORGIA-CAROLINA BANCSHARES, INC. Consolidated Balance Sheets (dollars in thousands) June 30, December 31, -------- ------------ 2009 2008 ---- ---- ASSETS Cash and due from banks $15,983 $9,954 Federal funds sold 1,475 - Securities available-for-sale 48,304 57,594 Loans, net of allowance for loan losses of $5,142 and $4,284, respectively 331,510 332,009 Loans, held for sale 58,319 28,402 Bank premises and fixed assets 9,869 10,081 Accrued interest receivable 1,761 1,934 Foreclosed real estate,... (PR Newswire)
MidSouth Bancorp, Inc. Reports Second Quarter 2009 Earnings Jul 28, 2009
0% 40,219 40,580 Time deposits held in banks 21,023 - 100. 0% 9,023 9,023 Goodwill and other intangibles 9,540 9,677 -1. (PR Newswire)
* CEPD indicators show pickup Jul 28, 2009
9 percent last month as investors continued to channel funds from time deposits to demand savings accounts. However, new building permits and manufacturers inventories slipped from a month earlier. (Taipei Times, Taiwan -- World Business)
Summit State Bank Reports Continued Earnings Growth in Second Quarter and Declaration of Dividend Jul 28, 2009
"The Bank experienced a 14% increase in non time deposits since December 31, 2008, reflecting the level of confidence our growing customer base has in us, which will enhance longer term performance," said Dennis Kelley, Chief Financial Officer ... 17 Basic weighted average shares of common stock outstanding 4,745 4,745 4,745 4,745 Diluted weighted average shares of common stock outstanding 4,764 4,745 4,749 4,745 SUMMIT STATE BANK AND SUBSIDIARY CONSOLIDATED BALANCE SHEETS (In thousands except... (Primezone Releases)
Tidelands Bancshares Announces Second Quarter Results Jul 28, 2009
As evidence of our growing local market business, at June 30, 2009, customer time deposits and IRA accounts have grown to $185 ... Tidelands Bancshares, Inc. and Subsidiary Consolidated Statements of Operations (Unaudited) Six Months Ended Three Months Ended June 30, June 30, ------------------------ ------------------------ 2009 2008 2009 2008 ----------- ----------- ----------- ----------- Interest income: Loans, including fees $12,486,519 $13,783,616 $ 6,349,290 $ 6,677,908 Securities avail-... (Primezone Releases)
* [BUSINESS BRIEFS] Jul 25, 2009
The sharp rise in M1B also helped push up the M2 measure, which includes M1B and time deposits, Chen said. FBHK rating to remain: Song. (Taipei Times, Taiwan -- Sports)
Southern National Bancorp of Virginia Inc. Reports Reduced Earnings for the Second Quarter and First Half of 2009 Jul 25, 2009
On the liability side of the balance sheet the average cost of funds for time deposits declined from 3. 33% during the first quarter to 2. (Primezone Releases)
MetroCorp Bancshares, Inc. Announces Second Quarter Earnings With Net Income of $1.2 Million or $0.05 EPS, Reduction in Nonperforming Assets and Improvement in Net Interest Margin Jul 25, 2009
06% MetroCorp Bancshares, Inc. (In thousands, except per share amounts) (Unaudited) For the three months For the six months ended June 30 ended June 30 Average Balance ---------------------- ---------------------- Sheet Data 2009 2008 2009 2008 --------------- ---------- ---------- ---------- ---------- Total assets $1,628,203 $1,549,537 $1,616,660 $1,510,000 Securities 109,691 124,774 105,591 129,617 Total loans 1,319,125 1,291,494 1,330,551 1,253,615 Allowance for loan losses (24,952) (15,065)... (Primezone Releases)
QNB Corp. Reports Second Quarter Results Jul 25, 2009
In comparison to prior periods, the current growth reflects increases in both lower-cost core deposits, including checking, savings and money market accounts, as well as higher-cost time deposits ... The decline in the net interest margin from the second quarter of 2008 and the first quarter of 2009 is mainly the result of the yield earned on loans and investment securities declining to a greater degree than the cost of deposits as well as a small change in the mix of earning assets, from higher... (PR Newswire)
Solera National Bancorp, Inc. Reports Second Quarter 2009 Financial Results Jul 25, 2009
SOLERA NATIONAL BANCORP, INC. CONSOLIDATED BALANCE SHEETS (unaudited) ($000s) 6/30/09 3/31/09 12/31/08 6/30/08 ------- ------- -------- ------- ASSETS Cash and due from banks $718 $1,577 $1,436 $934 Federal funds sold 385 - 965 2,835 Investment securities, available-for-sale 53,718 52,484 41,557 30,554 FHLB and Federal Reserve Bank stocks, at cost 1,064 1,069 1,080 995 Interest-bearing deposits with banks - - - 599 Gross loans 39,308 31,066 21,413 11,543 Net deferred (fees)/expenses (103) (118)... (PR Newswire)
Union Bankshares Corporation Reports Earnings Jul 25, 2009
UNION BANKSHARES CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (Dollars in thousands, except share amounts) June 30, December 31, June 30, 2009 2008 2008 ---- ---- ---- ASSETS (Unaudited) (Audited) (Unaudited) ------ Cash and cash equivalents: Cash and due from banks $36,111 $144,625 $62,875 Interest-bearing deposits in other banks 41,242 903 1,054 Money market investments 123 122 223 Other interest-bearing deposits 2,598 2,598 2,598 Federal funds sold 303 289 90 --- --- --... (PR Newswire)
OceanFirst Financial Corp. Announces Quarterly Net Income of $3.6 Million and Continuation of Cash Dividend Jul 24, 2009
The growth was concentrated in core deposits, defined as all deposits excluding time deposits, which increased $111 ... Time deposits decreased $20 ... 94 OceanFirst Financial Corp. SELECTED LOAN AND DEPOSIT DATA (in thousands) LOANS RECEIVABLE ---------------- At June 30, At Dec 31, 2009 2008 ---------- ---------- Real estate: One-to-four family $1,012,013 $1,039,375 Commercial real estate, multi-family and land 364,475 329,844 Construction 10,150 10,561 Consumer 218,784 222,797 Commercial... (Primezone Releases)
Eagle Bancorp, Inc. Announces 11% Increase in Earnings for the Second Quarter of 2009 and Lower Levels of Nonperforming Assets Jul 23, 2009
77% Time deposits 564,193 3,686 2 ... 03% Time deposits 582,713 8,123 2. (Primezone Releases)
Survey finds net decline in demand for credit Jul 23, 2009
Business News of Wednesday, 22 July 2009. Business News of Wednesday, 22 July 2009. (Ghana Web, Ghana)
American National Bankshares Inc. Reports Second Quarter 2009 Earnings and Announces Third Quarter Cash Dividend Jul 23, 2009
American National Bankshares Inc. and Subsidiaries Consolidated Balance Sheets (Dollars in thousands, except share and per share data) Unaudited June 30 ASSETS 2009 2008 Cash and due from banks $13,905 $20,082 Interest-bearing deposits in other banks 26,879 8,265 Securities available for sale, at fair value 144,706 136,632 Securities held to maturity 6,712 9,828 Total securities 151,418 146,460 Loans held for sale 10,408 2,200 Loans, net of unearned income 557,042 568,830 Less allowance for loan... (PR Newswire)
BancFirst Corporation Reports Second Quarter Earnings Jul 22, 2009
55 Time deposits 903,331 5,336 2. 37 876,721 10,890 2. (PR Newswire)
Hancock Holding Company Announces Earnings for Second Quarter 2009 Jul 22, 2009
The decrease in average deposits was reflected in time deposits (down $155 ... The most significant reductions were in time deposits (cost down 44 basis points) and public fund deposits (cost down 26 basis points) ... 30% ------------------------------------------------------- Hancock Holding Company Financial Highlights (amounts in thousands) (unaudited) ------------------------------------------------------- Three Months Ended Six Months Ended... (Primezone Releases)
IBERIABANK Corporation Reports Second Quarter 2009 Results Jul 22, 2009
Period-End Deposit Volumes ($ in Millions) Deposits IBERIABANK ---------- 9/30/08 12/31/08 3/31/09 6/30/09 ------- -------- ------- ------- Noninterest $394 $465 $452 $451 NOW Accounts 596 615 747 750 Savings/MMkt 761 755 851 888 Time Deposits 964 1,006 1,009 1,014 --- ----- ----- ----- Total Deposits $2,715 $2,842 $3,059 $3,103 Growth -3% 5% 8% 1% --- --- --- --- Deposits IBERIABANK fsb -------------- Since 9/30/08 12/31/08 3/31/09 6/30/09 Acq. ------- -------- ------- ------- ----- Noninterest... (PR Newswire)
1st Mariner Reports 2nd Quarter 2009 Results Jul 22, 2009
28% Time deposits 684,079 3 ... 63% Time deposits 671,820 3. (PR Newswire)
Bank of McKenney Reports Stable Results in Core Growth and Earnings for the Second Quarter and Year-to-Date Jul 18, 2009
At June 30, 2009, the investment portfolio, including time deposits in other banks, was $30 ... BANK OF MCKENNEY AND SUBSIDIARY Consolidated Balance Sheets Summary Data June 30, 2009 (unaudited) and December 31, 2008 June 30, December 31, ASSETS 2009 2008 ---- ---- Cash and due from banks $6,083,596 $6,847,451 Federal funds sold 908,000 858,000 Interest-bearing time deposits in banks -- 1,540,252 Securities available for sale, at fair market value 26,075,430 28,998,239 Securities held to... (PR Newswire)
Fidelity Southern Corporation Reports Second Quarter Loss; Increased Lending and Liquidity Levels Jul 17, 2009
02 ====== ====== ====== ===== WEIGHTED AVERAGE COMMON SHARES OUTSTANDING-BASIC 9,857,296 9,535,432 9,803,527 9,526,345 ========= ========= ========= ========= WEIGHTED AVERAGE COMMON SHARES OUTSTANDING-FULLY DILUTED 9,857,296 9,535,432 9,803,527 9,526,345 ========= ========= ========= ========= FIDELITY SOUTHERN CORPORATION CONSOLIDATED BALANCE SHEETS (UNAUDITED) (DOLLARS IN THOUSANDS) JUNE 30, DECEMBER 31, JUNE 30, ASSETS 2009 2008 2008 ---- ---- ---- CASH AND DUE FROM BANKS $54,531 $68,841... (PR Newswire)
Rurban Financial Corp. Reports a Parallel 2009 Second Quarter Jul 16, 2009
RURBAN FINANCIAL CORP. CONSOLIDATED BALANCE SHEETS June 30, 2009 and December 31, 2008 and June 30, 2008 June December June 2009 2008 2008 ------------ ------------ ------------ (Unaudited) (Unaudited) ASSETS Cash and due from banks $ 25,617,514 $ 18,059,532 $ 11,876,639 Federal funds sold -- 10,000,000 -- ------------ ------------ ------------ Cash and cash equivalents 25,617,514 28,059,532 11,876,639 Available-for-sale securities 109,988,049 102,606,475 96,706,231 Loans held for sale... (Primezone Releases)
Colonial BancGroup to sell 21 Nevada branches Jul 16, 2009
As a part of the deal, Colonial plans to retain about $565 million in loans and $399 million of time deposits that were originated in Nevada. The transaction, pending shareholder and bank regulators approval, is expected to close in the third quarter. (Birmingham Business Journal, AL)
* Property prices could rise after deregulation Jul 11, 2009
He said that insurers were competing for investments, which generate a better reward than time deposits or government bonds, in a low interest rate environment, and properties provide the best alternative. As of May, the insurance sector had NT$8. (Taipei Times, Taiwan -- Business)
LDK Solar Provides Business Update Jul 3, 2009
LDK Solar had a healthy cash position of more than $250 million and pledged bank deposits and time deposits of more than $170 million as of June 30, 2009. "During the second half of the second quarter, our wafer shipments were driven by stronger than expected demand," stated Xiaofeng Peng, Chairman and CEO of LDK Solar. (PR Newswire)
* Central bank keeps interest rates low Jun 26, 2009
95 percent as more funds flowed from time deposits to demand saving accounts, the central bank data showed. The central bank should take steps to absorb excess capital, Cheng said by telephone. (Taipei Times, Taiwan -- World)
Q1's flow of funds Jun 23, 2009
ROW holdings declined for Agency/GSE-backed securities, Open Market Paper, US Time Deposits, Inter-bank Assets, Corporate Bonds, and Loans to Corporate Business. Meanwhile, Treasury holdings expanded SAAR $636bn during the quarter to $3. (Asia Times Online)
Smart Live Casino Launches 150% Deposit Bonus up to GBP500 Jun 18, 2009
They are offering a 150% bonus on first time deposits with a minimum of GBP20 and a maximum of GBP500. Any person that is over 18 who visits and registers then makes their first cash deposit of GBP20 will get an extra GBP30 bonus. (Yahoo! Wire -- Entertainment News)
* FEATURE : Mixed views on opening of real estate to China May 29, 2009
Rental income still gives me a 3 percent return [on my property investments], higher than interest earnings from time deposits if I were to put the money in the bank, he said. His next goal is to look for a bargain property in Taipei City, hoping to reap the benefits when the market rebounds given the governments plan to open the sector to Chinese investment. (Taipei Times, Taiwan -- Business)
* Monetary aggregates continue expansion May 26, 2009
The M2 gauge, which includes M1B and time deposits, time savings deposits and foreign currency deposits, advanced 6. 78 percent from last year, the report said. (Taipei Times, Taiwan -- Business)