$SFBS (ServisFirst Bancshares, Inc.)

$SFBS {{ '2016-10-17T20:55:56+0000' | timeago}} • Announcement

$SFBS' net interest margin for 3Q16 was 3.35%, down 16 basis point from last quarter and down by 42 basis points from 3Q15. The decrease is primarily the result of excess liquidity in form of large amounts in federal funds sold and funds on deposit at Federal Reserve Bank.

$SFBS {{ '2017-07-17T20:16:19+0000' | timeago}} • Announcement

$SFBS' average loans for 2Q17 grew by 5% to $5.23Bil from last year, while average total deposits slid 1% to $5.27Bil. Non-performing assets to total assets were 0.23% for 2Q17, up 6 basis points from 0.17% in the previous year quarter. Net credit charge-offs to average loans grew 7 basis points to 0.25% from 0.18%.

$SFBS {{ '2017-07-17T20:13:49+0000' | timeago}} • Announcement

$SFBS reported a rise in 2Q17 earnings driven by customer retention and new customer activity as well as higher interest rates. Net income rose to $24.16MM or $0.45 per share from $18.88MM or $0.36 per share last year. Net interest income grew to $55.57MM from $45.89MM and non-interest income increased to $4.81MM from $3.85MM.

$FBP {{ '2017-07-12T20:22:51+0000' | timeago}} • Announcement

$FBP declared monthly dividends of $0.15 on its Series D Preferred Stock and $0.14 on its Series E Preferred Stock. Both dividends are payable on July 31, 2017 to shareholders of record on July 15, 2017.

$FBP {{ '2017-07-12T20:22:32+0000' | timeago}} • Announcement

$FBP declared monthly cash dividends on its Preferred Stock Series A through E. A dividend of $0.14 per share is payable on the Series A stock on July 31, 2017 to shareholders of record on July 27, 2017. Dividends of $0.17 on the Series B stock and $0.15 on the Series C stock are payable on July 31 to shareholders of record on July 15, 2017.

$NYCB {{ '2017-06-27T13:40:33+0000' | timeago}} • Announcement

$NYCB received approval from the FDIC to sell the assets covered under loss share agreement and it agreed to sell the majority of one-to-four family residential mortgage-related assets to an affiliate of Cerberus Capital Management. As of March 31, 2017, the carrying value of these assets was about $1.9Bil.

$NYCB {{ '2017-06-27T13:38:11+0000' | timeago}} • Announcement

$NYCB agreed to sell its mortgage banking business to residential mortgage industry leader, Freedom Mortgage Corp. Freedom to buy both origination and servicing platforms. as well as mortgage servicing rights portfolio with current aggregate unpaid principal balance of about $21Bil. The transactions are expected to close during 3Q17.

$NBHC {{ '2017-06-26T15:19:26+0000' | timeago}} • Announcement

$NBHC expects the Peoples Inc. transaction to result in a high-teens accretion to EPS in the first full year of operations, less than a 5% dilution to tangible book value with an earn back period of less than 3 years, and an IRR of approx. 20%. The deal adds about $865MM of assets, $483MM of loans held for investment and $719MM of deposits.

$NBHC {{ '2017-06-26T15:19:03+0000' | timeago}} • Announcement

$NBHC agreed to acquire privately-owned Peoples Inc. As per the terms, Peoples shareholders will receive approx. $36.3MM of cash consideration and approx. 3.4MM shares of $NBHC common stock. The transaction has a total value of $143MM and is expected to close in 4Q17. Peoples will divest or wind down its national mortgage business by 2017-end.

$LION {{ '2017-06-23T21:10:13+0000' | timeago}} • Announcement

$LION has appointed Charles D. Christy as EVP and CFO of the company and of its subsidiary, Fidelity Bank, effective June 26, 2017. Mr. Christy will report to Palmer Proctor, President of $LION and Fidelity Bank. The current CFO Stephen H. Brolly will serve as an officer in $LION and Fidelity Bank.

$SFNC {{ '2017-05-26T13:57:31+0000' | timeago}} • Announcement

Susan S. Lanigan was added to the $SFNC board of directors. She served as general counsel of Dollar General Corp.

$CBU {{ '2017-05-18T21:46:15+0000' | timeago}} • Announcement

$CBU BoD declared a quarterly cash dividend of $0.32 per share on its common stock. The dividend will be payable on July 10, 2017 to shareholders of record as of June 15, 2017.

$CBU {{ '2017-05-12T21:23:35+0000' | timeago}} • Announcement

$CBU completed its merger with $MBVT and its banking subsidiary, Merchants Bank. As a combined financial institution, $CBU will have about $11Bil in assets and $8.9Bil in deposits. Two $MBVT directors, Jeffrey L. Davis and Raymond C. Pecor, III, have been appointed to the Boards of Directors of $CBU and Community Bank, N.A.

$FCF {{ '2017-04-26T19:51:17+0000' | timeago}} • Announcement

$FCF announced the election of Stephen A. Wolfe to its Board of Directors. Mr. Wolfe is the Founder, President and Chairman of the Pennsylvania Mountains Healthcare Alliance. He is also the Chairman of the Pennsylvania Mountain Care Network.

$LION {{ '2017-04-21T18:00:46+0000' | timeago}} • Announcement

$LION has declared a quarterly cash dividend of $0.12 per share on its common stock. This dividend is payable May 15, 2017, to shareholders as on May 2, 2017.

$NBHC {{ '2017-04-21T16:12:00+0000' | timeago}} • Webcast

For 2017, $NBHC expects core fee income to grow in mid-single digits YoY. In 1Q17, core fee income was $13.7MM, which was above the expectations.

$ABCB {{ '2017-04-21T15:50:53+0000' | timeago}} • Webcast

In terms of M&A strategy, $ABCB said it is focused on both bank as well as non-bank for additional M&A. The company added that it is having significant conversations with conventional banks and that provides opportunity for future M&As.

$ABCB {{ '2017-04-21T11:33:20+0000' | timeago}} • Announcement

$ABCB posted operating net income of $21.6MM or $0.60 per share for 1Q17, up from $16.4MM or $0.50 per share in 1Q16. This excludes certain after-tax costs associated with acquisitions and sales of premises. Operating returns on average assets rose to 1.27% from 1.17% and average tangible common equity grew to 15.84% from 15.37%.

$ABCB {{ '2017-04-21T11:30:41+0000' | timeago}} • Announcement

$ABCB reported a rise in 1Q17 earnings driven by higher revenue and control of operating expenses. Net income rose to $21.15MM or $0.59 per share from $12.32MM or $0.37 per share last year. Net interest income grew to $60.6MM from $50.4MM and non-interest income increased to $25.7MM from $24.3MM.

$NBHC {{ '2017-04-21T11:14:52+0000' | timeago}} • Announcement

For $NBHC in 1Q17, the return on average tangible assets was 0.81% vs. 0.10% a year ago. The return on average tangible equity was 7.66%, compared to 0.79%. Non-interest expense totaled $34.6MM, down $0.3MM y-o-y. Loan balances at March 31, 2017 totaled $3.0Bil, up  14.0%.

$NBHC {{ '2017-04-21T11:14:28+0000' | timeago}} • Announcement

$NBHC posted a 97% jump in 1Q17 net income of $8.3MM or $0.30 per diluted share, from $0.3MM or $0.01 per share a year ago. Net interest income, on an FTE basis, came down 7.6% to $36.0MM. Non-interest income totaled $8.7MM, up 9.7%.

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