- Southwest Georgia Financial Corporation Announces 7.7% Increase in Quarterly Cash Dividend.
MOULTRIE, Ga. -- Southwest Georgia Financial Corporation (AMEX: SGB), the parent company of Southwest Georgia Bank, announced that its Board of Directors at its meeting yesterday declared a regular quarterly cash dividend of $0.14 per common share, an increase of $0.01 per common share, or 7.7%, compared with the previous ......
- Board Independence and Compensation Policies in Large
Bank Holding Companies.
James F. Nielsen [*] We use a sample of large bank holding companies to empirically examine the association between financial performance and organizational structure. We regress firm accounting performance on measures of board independence, CEO pay-performance sensitivity, the product of board independence and CEO pay-performance sensitivity, and other organizational features ......
- Failed institution claims
Failed institution claims In a case dating from the turbulent early 1990s, the U.S. Tenth Circuit Court of Appeals recently handed the Office of Thrift Supervision a victory in a long running fight to enforce a capital commitment made by the bankrupt holding company of a failed savings association. The ......
- Co-general counsel take over legal reins at CFA
IMAGE PHOTOGRAPH 1 For the first time in the history of the Commercial Finance Association, the position of general counsel for the association has been filled by two attorneys, as co-general counsel. Each has broad experience in the financial services field. Jonathan N. Helfat, partner in Otterbourg, Steindler, Houston & ......
- Southwest Georgia Financial Corporation Announces Quarterly Cash Dividend.
MOULTRIE, Ga. -- Southwest Georgia Financial Corporation (AMEX: SGB), the parent company of Southwest Georgia Bank, announced that its Board of Directors at its meeting today declared a regular quarterly cash dividend of $0.14 per common share. The dividend is payable July 31, 2007 to shareholders of record on July ......
- Indiana holding companies agree to merge
Two Indiana bank holding companies, MarBanc Financial Corp., and Grabill Bancorp., have agreed to consolidate into a new bank holding company, Independent Alliance Banks, Inc. (IAB). MarkleBank, Markle, and Grabill Bank, Grabill, are the institutions affected by their respective holding companies' merger. The new holding company will maintain both institutions ......
- Mega-merger creates top 10 bank holding company
BIRMINGHAM, ALA. - Regions Financial Corp. and AmSouth Bancorporation have agreed to merge, forming one of the top 10 bank holding companies in the United States. The new company will have almost $140 billion in assets, hold nearly $100 billion in deposits and operate 2,000 branches in 16 states across ......