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Old Point Releases First Quarter 2021 Results News provided by Share this article Share this article HAMPTON, Va., April 27, 2021 /PRNewswire/ -- Old Point Financial Corporation (the Company or Old Point) (NASDAQ "OPOF") reported net income of $3.0 million, which represents an increase of $1.8 million, or 141%, as compared to net income of $1.3 million for the first quarter of 2020. Earnings per diluted common share was $0.58 and $0.24 for the quarters ended March 31, 2021 and 2020, respecti...

Coastal Carolina National Bank: Coastal Carolina Bancshares, Inc. Announces Record Quarterly Earnings MYRTLE BEACH, SC / ACCESSWIRE / April 23, 2021 / Coastal Carolina Bancshares, Inc. (the "Company") (OTCQX:CCNB), parent of Coastal Carolina National Bank (the "Bank"), reported unaudited financial results for the first quarter of 2021. The Company reported net income of $1,387,569 or $.23 cents per share for the three months ended March 31, 2021, compared to $1,264,931 or $.21 cents per share f...

Profitability was lower year-on-year reflecting unprecedented market conditions, record low rates and the pandemic-driven economic slowdown. The Bank continued to exercise a rigorous approach to cost, which resulted in a reduction of 7.7 per cent year on year in operating expenses; achieved by the successful implementation of technology-led initiatives that helped to reduce the cost of sales and customer acquisition while also streamlining internal processes. ADIB demonstrated balance sheet str...

Press release content from Accesswire. The AP news staff was not involved in its creation. Coastal Carolina Bancshares, Inc. Announces 2020 Earnings January 27, 2021 GMT MYRTLE BEACH, SC / ACCESSWIRE / January 27, 2021 / Coastal Carolina Bancshares, Inc. (the “Company”) (OTCQX:CCNB), parent of Coastal Carolina National Bank (the “Bank”), reported unaudited financial results for the fourth quarter and year-end 2020. The Company reported net income of $3,740,032 or $.61 cents per share fo...

F&M Bank Corp: F & M Bank Corp. Announces Fourth Quarter Earnings and Dividend TIMBERVILLE, VA / ACCESSWIRE / January 28, 2021 / F & M Bank Corp. (OTCQX:FMBM), parent company of Farmers & Merchants Bank, announces its financial results for the fourth quarter and year ending December 31, 2020 and fourth quarter dividend to shareholders. As the global pandemic continues, the company continually assesses our procedures to maintain the safety of our customers, employees and community while serving ...

Share this article Share this article MCLEAN, Va., Jan. 28, 2021 /PRNewswire/ -- Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) ("Southern National" or the "Company"), and its wholly-owned subsidiary Sonabank (the "Bank"), today announced net income of $9.0 million for the quarter ended December 31, 2020, compared to $9.0 million for the quarter ended December 31, 2019.  Earnings per share for the three months ended December 31, 2020 were $0.37 on both a basic and diluted basis re...

Share this article Share this article SACRAMENTO, Calif. and VISALIA, Calif., Jan. 27, 2021 /PRNewswire/ -- Suncrest Bank (OTCQX: SBKK) today reported unaudited financial results for the fourth quarter and full year of 2020. "Suncrest Bank has delivered an exceptionally strong year despite the challenges faced in 2020. We posted net income of over $13 million, increased EPS by almost 12% to $1.06, our return on average tangible assets was 1.14%, and our efficiency ratio was under 52% for the y...

Press release content from Business Wire. The AP news staff was not involved in its creation. The First Bancorp Reports Results for 2020 January 20, 2021 GMT DAMARISCOTTA, Maine--(BUSINESS WIRE)--Jan 20, 2021-- The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the year ended December 31, 2020. Unaudited net income was $27.1 million, up $1.6 million or 6.3% from the $25.5 million reported for the year ended December 31, 2019. Earnings ...

We will be absolutely, you know, clear about in the meetings is these communities, these people need to be made whole. i just returned from the gulf with the president where we were in florida, alabama and mississippi and we heard time and time again from people whose businesses are suffering. they have half the customers they had last year. we want to make sure that all of those costs are covered and theyre covered by -- >> can you give us a ballpark numbers? how many billions do you think woul...