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The Freedom Bank of Virginia Announces Earnings for the First Quarter of 2021

/PRNewswire/ The Freedom Bank of Virginia (OTCQX: FDVA), (the "Bank" or "Freedom") today announced net income of $2,468,211, or $0.34 per diluted share, for. ....

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First Reliance Bancshares Reports First Quarter 2021 Results

First Reliance Bancshares Reports First Quarter 2021 Results
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FLORENCE, S.C., April 23, 2021 /PRNewswire/ First Reliance Bancshares, Inc. (OTC:FSRL), the holding company for First Reliance Bank (collectively, First Reliance or the Company ), today announced its financial results for the first quarter of 2021.
First Quarter 2021 Highlights
Net income for the first quarter of 2021 was $1.7 million, or $0.21 per diluted share, compared to $0.9 million, or $0.11 per diluted share, for the first quarter of 2020, representing an increase of 99.1%.
Total deposits increased by $67.2 million, or 11.3%, to $661.2 million at March 31, 2021 from $594.0 million at December 31, 2020. Non-interest bearing and interest bearing NOW accounts increased $41.0 million, or 14.2%, to 329.1 million at March 31, 2021 from $288.2 million at December 31, 2020. ....

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Freedom Bank of VA: The Freedom Bank of Virginia Announces Earnings for the Fourth Quarter and Full Year 2020

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FAIRFAX, VA / ACCESSWIRE / January 29, 2021 / The Freedom Bank of Virginia (OTCQX:FDVA), (the Bank or Freedom ) today announced net income of $2,413,775, or $0.33 per diluted share, for the three months ended December 31, 2020. This compares to net income of $2,575,370 or $0.35 per diluted share, for the prior quarter and net income of $747,808 or $0.10 per diluted share for the three months ending December 31, 2019. The Bank reported net income of $7,364,476 or $1.01 per diluted share for the full year 2020 compared to net income of $2,705,217 or $0.37 per diluted share for the full year 2019.
Joseph J. Thomas, President and CEO, commented, I am very proud of my colleagues at Freedom who delivered exceptional outcomes for clients in 2020 during the challenging national health and economic environment crisis and in the process enabled our company to produce record financial results. The Bank increased full year 2020 net income by 172.23% to $7.36 million, increased ....

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The Freedom Bank of Virginia Announces Earnings for the Fourth Quarter and Full Year 2020

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Jan 29, 2021 1:30 PM UTC
FAIRFAX, VA / ACCESSWIRE / January 29, 2021 / The Freedom Bank of Virginia (OTCQX:FDVA), (the Bank or Freedom ) today announced net income of $2,413,775, or $0.33 per diluted share, for the three months ended December 31, 2020. This compares to net income of $2,575,370 or $0.35 per diluted share, for the prior quarter and net income of $747,808 or $0.10 per diluted share for the three months ending December 31, 2019. The Bank reported net income of $7,364,476 or $1.01 per diluted share for the full year 2020 compared to net income of $2,705,217 or $0.37 per diluted share for the full year 2019.
Joseph J. Thomas, President and CEO, commented, I am very proud of my colleagues at Freedom who delivered exceptional outcomes for clients in 2020 during the challenging national health and economic environment crisis and in the process enabled our company to produce record financial results. The Bank inc ....

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Farmer Mac Announces Charles A. Stones as New Presidentially Appointed Director

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WASHINGTON, Dec. 23, 2020 /PRNewswire/
Federal Agricultural Mortgage Corporation (Farmer Mac;NYSE: AGM and AGM.A), the nation s secondary market provider that increases the availability and affordability of credit for the benefit of rural America, today announced that Charles A. Stones of Topeka, Kansas, has been sworn in as the newest member of the company s board of directors. Mr. Stones was confirmed by the United States Senate on December 18, 2020 after being nominated for the position by President Trump earlier in the year. Mr. Stones replaces Bruce J. Sherrick of Champaign, Illinois on Farmer Mac s board.
Mr. Stones brings significant experience with agricultural credit policy, government relations, marketing, strategic planning, and organizational management. He worked closely with agricultural and rural lenders during his 33 years with the Kansas Bankers Association, including 15 years as president until his retirement in 2019. Prior to ....

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