Danvers Bancorp, Inc. Announces 2010 Annual Meeting Information and Declaration of Cash Dividend on Common Stock
Danvers Bancorp, Inc. (the “Company”) (NASDAQ: DNBK – News), the holding company for Danversbank and Beverly National Bank, today announced that its 2010 Annual Meeting will be held on Friday, May 21, 2010 at 10:00 AM Eastern Time. Stockholders of record of the Company’s Common Stock as of the close of business on March 26, 2010 are entitled to vote at the Annual Meeting. The meeting will be held at the Peabody Marriott Hotel, 8a Centennial Drive, Peabody, Massachusetts, 01960.
The Company also announced that its Board of Directors approved a quarterly cash dividend on its common stock of $.02 per share. The dividend will be paid on or after March 5, 2010 to shareholders of record as of February 19, 2010.
Danvers Bancorp, Inc., the holding company for Danversbank and Beverly National Bank, currently has approximately $2.5 billion in total assets. [Read the full article]
PVF Capital Corp. (Nasdaq:PVFC – News) (the “Company”) announced today that stockholders elected Marty E. Adams, Steven A. Calabrese, Umberto P. Fedeli and Robert J. King, Jr. as directors at the 2009 Annual Meeting held on January 29, 2010. Stockholders also approved the redemption of $10.0 million aggregate liquidation amount of trust preferred securities in exchange for $400,000 in cash, $600,000 of common stock and warrants to acquire common stock; an amendment to the Company)s First Amended and Restated Articles of Incorporation to increase the authorized number of shares of common stock from 15,000,000 to 65,000,000; and, ratified the appointment of Crowe Horwath LLP as the Companys independent registered public accounting firm for the fiscal year ending June 30, 2010.
PVF Capital Corp. [Read the full article]
Kearny Financial Corp. (NASDAQ:KRNY – News) (the “Company”), the holding company of Kearny Federal Savings Bank (the “Bank”), today reported net income for the quarter ended December 31, 2009 of $1,841,000, or $0.03 per diluted share. The results represent an increase of $746,000 compared to net income of $1,095,000, or $0.02 per diluted share, for the quarter ended September 30, 2009 and a decrease of $397,000 compared to net income of $2,238,000, or $0.03 per diluted share, for the quarter ended December 31, 2008.
The Company attributes the increase in net income between linked quarters to two primary factors, specifically an increase in net interest income and, to a lesser extent, a decrease in the provision for loan loss. Partially offsetting these factors was an increase in noninterest expense. In total, these factors resulted in an overall increase in pre-tax income and the provision for income taxes. [Read the full article]
Home Federal Bancorp, Inc. [Read the full article]