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Article: 1st Colonial Bancorp Reports a Year-to-Date Profit of $340,000.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- August 8, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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1st Colonial Bancorp, Inc. (OTCBB:FCOB), holding company of 1st Colonial National Bank, reported that its net income for the six months ended June 30, 2009 was $340,000 ($0.12 per share), compared to $511,000 ($0.17 per share) for the six months ended June 30, 2008. Gerry Banmiller, the President and Chief Executive Officer of 1st Colonial announced: "The lower YTD earnings for these two periods were driven by two factors; an increased provision for loan losses, and the FDIC's special assessment imposed on all banks. The addition to the loan loss provision, as well as the special assessment, are each a function of the overall challenging times most banks are experiencing. ...
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Article: Colonial Bancorp shareholders approve affiliation ...
PR Newswire;
May 11, 1984 ;
700+ words
... ... Shareholders at the annual meeting of Colonial Bancorp, Inc. (NASDAQ:CBCN), today ... acquisition agreement, under which Colonial Bancorp, Inc. would become a wholly-owned ... Corporation. When the merger is completed, Colonial Bancorp, Inc., and its principal subsidiary ...
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