Are U.S. stocks set for a down year? (Reuters)
The adage ‘as January goes, so goes the year’ bodes ill for equity investors after the S&P 500 closed out its worst month in almost a year. In the coming week, they will have to contend with fears of sovereign defaults and the potential for unpleasant surprises in the U.S. labor market.
Seacoast Commerce Bank Announces Year-End Results (Business Wire)
CHULA VISTA, Calif.—-Seacoast Commerce Bank today announced its unaudited results of operations for the year-ending December 31, 2009. The Bank reported growth in assets for the year of $22.9 million, or 28.2%, topping $104 million at year-end.
Citizens Community Bank Reports Fourth Quarter and 2009 Year-End Results (PR Newswire)
Citizens Community Bank today reported fourth quarter and year-end results for 2009. For the year ended December 31, 2009, net income before preferred dividend payments totaled $5,943, compared to $168,502 for 2008.
New Century Bancorp Reports Year-End 2009 Results (PR Newswire)
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First Northern Community Bancorp – 4th Quarter Earnings Report (Business Wire)
DIXON, Calif.—-First Northern Community Bancorp , holding company for First Northern Bank , today announced financial results through the fourth quarter of 2009. The Company reported total assets at December 31, 2009 of $747.6 million, an increase of $76.8 million, or 11.4% compared to year-end 2008.
AltaPacific Bank Reports Year End Results and Declares 5% Stock Dividend (Business Wire)
SANTA ROSA, Calif.—-AltaPacific Bank today reported that is has achieved profitability for its sixth consecutive quarter. Additionally, the bank declared a 5% stock dividend to be distributed on February 26, 2010 to shareholders of record as of February 12, 2010, subject to final regulatory approval.
First National Bank Alaska Declares Dividend for 1st Quarter (Business Wire)
ANCHORAGE, Alaska—-At the Board of Directors Meeting held January 28, 2010, First National Bank Alaska declared a cash dividend of $25.00 per share, payable on March 15, 2010 to shareholders of record as of March 1, 2010.
City Bank Announces Results for 4th Quarter and Year Ended December 31, 2009 (Business Wire)
LYNNWOOD, Wash.—-City Bank today announced a net loss of $38.26 million for the quarter ended December 31, 2009, or $2.43 per diluted share, compared to a reported net loss of $64.88 million, or $4.12 per diluted share for the same quarter in the prior year.
Brunswick Bancorp Reports Fourth Quarter 2009 Earnings (Business Wire)
NEW BRUNSWICK, N.J.—-Brunswick Bancorp : BRUNSWICK BANCORP AND SUBSIDIARIES CONSOLIDATED BALANCE SHEET DECEMBER 31, 2009 ASSETS Cash and due from banks $ 43,001,920 Federal funds sold – Total cash and cash equivalents 43,001,920 Securities held to maturity 3,750,000 Securities available for sale 122,174 Loans receivable, net 100,192,944 Premises and equipment, net 1,321,900 Accrued interest receivable 593,854 Other Real Estate 1,526,716 Other assets 1,398,572 TOTAL ASSETS $ 151,908,080 LIABILITIES AND STOCKHOLDERS’ EQUITY Deposits Non-interest bearing $ 31,914,209 Interest bearing 80,087,414 Total deposits 112,001,623 Borrowed funds – Accrued interest payable 541,184 Other liabilities 139,684 TOTAL LIABILITIES 112,682,491 STOCKHOLDERS’ EQUITY Preferred stock-no stated value 10,000,000 shares authorized and no shares issued and outstanding at December 31, 2009.
Portland General Electric Schedules Earnings Release and Conference Call for Thursday, February 25 (Business Wire)
PORTLAND, Ore.—-Portland General Electric Company announced today that it will host an analyst conference call and webcast at 11 a.m. EST on Thursday, February 25 to review its fourth-quarter and fiscal year 2009 financial results.