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By Oppedahl, David B | Publication: Chicago Fed Letter | Filed In: Recession and Economic Conditions
HEADNOTE On November 15, 2011, the Federal Reserve Bank of Chicago held a conference to explore what has been driving the large and rapid increases in Midwest farmland values. Academics, industry representatives, and...
Business Journal
By Kawa, Mark HJordan, Paul | Publication: Chicago Fed Letter | Filed In: Treasury Departments and Public Finance Agencies & Treasuries
HEADNOTE The seventh annual Community Bankers Symposium, co-sponsored by the Federal Reserve Bank of Chicago, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC), was held...
Business Journal
By Solnik, Claude | Publication: Long Island Business News | Filed In: Friendly & Provident Societies and Savings Institutions
Bret Sears took over last month as CEO of Island Federal Credit Union after serving as its chief financial officer. He leads the five-branch institution founded to serve LILCO, then KeySpan and National...
Business Journal
By Allen, Mike | Publication: San Diego Business Journal | Filed In: Navies and Armed Forces
The presence of the U.S. Navy and U.S. Marine Corps in San Diego hasn't been lost on Navy Federal Credit Union. The world's largest credit union, with more than $47 billion in assets...
Business Journal
U.S. Bancorp, the Minneapolis-based bank that has been growing in San Diego for much of the past decade, recently hired Steve Stuckey as its market president. Given the bank's recent performance--net income for...
Business Journal
Publication: Business Wire | Filed In: Common Stock and Equities
LOUISVILLE, Ky. -- Republic Bancorp, Inc. is pleased to announce its fourth consecutive year of increased earnings by completing 2011 with net income of $94.1 million, a $29.4 million, or 45%, increase over...
Press Release
Strong Capital Generation With Tier 1 Common Equity Ratio at 9.86 Percent Global Excess Liquidity Sources Remain Strong at $378 Billion, up $42 Billion in 2011 Investment Bank Maintained No. 2 Global Ranking...
Press Release
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
Operating-Basis((1)) Earnings Per Share of $3.73 Increased 10% from $3.40 in 2010 BOSTON -- State Street Corporation today announced full-year and fourth-quarter 2011 earnings per common share of $3.79 and $0.76, respectively, compared...
Press Release
By Mark Anderson | Publication: LexisNexis | Filed In: Small Business Lending and Banking, Lending & Credit Services
Big banks are taking a big run at small business. While borrowing by small businesses remains flat, U.S. Bank and some of the other large banks in town are boosting their share of...
Business Journal
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
* Net income of $81.7 million for 2011, compared to $62.9 million for 2010. This represents an increase of $18.8 million, or 29.87%. Diluted earnings per common share were $0.77. * 4(th) Quarter...
Press Release
Publication: Business Wire | Filed In: Company Earnings and Financial Results
TYSONS CORNER, Va. -- Cardinal Financial Corporation (NASDAQ: CFNL) (the "Company") today announced earnings of $28.0 million, or $0.94 per diluted share, for year ended December 31, 2011. This is a 51.8% increase...
Press Release
Publication: Business Wire | Filed In: Financial Ratings and Investment Services
SAO PAULO & RIO DE JANEIRO -- Fitch Ratings has assigned the following initial ratings to Banco do Estado do Rio Grande do Sul (Banrisul): --Foreign and Local Currency Long-Term Issuer Default Rating...
Press Release
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
2011 Loan Originations Up 19 Percent, Operating Expenses Down NEWARK, Del. -- Sallie Mae (NASDAQ: SLM), formally SLM Corporation, today released fourth-quarter and full-year 2011 financial results highlighting increased student loan originations, lower...
Press Release
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
MICHIGAN CITY, Ind. -- Horizon Bancorp (NASDAQ: HBNC) today announced its unaudited financial results for the three and twelve month periods ended December 31, 2011. All share data has been adjusted to reflect...
Press Release
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
PIKEVILLE, Ky. -- Community Trust Bancorp, Inc. (NASDAQ:CTBI): ......
Press Release
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
DAMARISCOTTA, Maine -- The First Bancorp (Nasdaq: FNLC), today announced unaudited results for the year ended December 31, 2011. Net income was $12.4 million, up $248,000 or 2.0% from 2010, and earnings per...
Press Release
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
- Records Pre-Tax Charge of $61.0 Million ($.17 Per Share) - Full Year Net Income of $603.6 Million, Earnings Per Common Share of $2.47 - Full Year Pre-Tax Charges Total $91.6 Million ($.25...
Press Release
Publication: Business Wire | Filed In: Income Tax and Tax Law
MEDFORD, Mass. -- Century Bancorp, Inc. (NASDAQ:CNBKA) (www.centurybank.com) ("the Company") today announced record net income of $16,693,000 for the year ended December 31, 2011, or $3.01 per share diluted, an increase of 23.0%...
Press Release
By Solnik, Claude | Publication: Long Island Business News | Filed In: Commercial Banking and Banking Institutions & Systems
New York Community Bancorp, one of the nation's biggest and fastest growing banks, has come under fire for making loans to landlords who fail to invest in buildings and seek to push out...
Business Journal
By DiOrio, Carl | Publication: Orange County Business Journal | Filed In: Land Use Planning and Zoning & Land Use Planning
* FINANCE Newport Beach-based distressed-debt specialist Sabal Financial Group LP acquired a $204 million loan portfolio from the Federal Deposit Insurance Corp. The bundle is part of a larger portfolio sale of more...
Business Journal

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