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William Penn Bancorporation Announces Quarter and Year End Results and Special Cash Dividend to Shareholders


William Penn Bancorporation Announces Quarter and Year End Results and Special Cash Dividend to Shareholders
ACCESSWIRE
23 Jul 2021, 09:05 GMT+10
BRISTOL, PA / ACCESSWIRE / July 22, 2021 / William Penn Bancorporation ( William Penn or the Company ) (NASDAQCM: WMPN), the parent company of William Penn Bank (the Bank ), today announced its financial results for the quarter and year ended June 30, 2021. William Penn recorded net income of $666 thousand and $3.8 million, or $0.05 and $0.26 per diluted share, for the quarter and year ended June 30, 2021, respectively, compared to a net loss of $1.3 million and net income of $1.3 million, or ($0.10) and $0.10 per diluted share, for the quarter and year ended June 30, 2020. Net income for the year ended June 30, 2021 included a $495 thousand, or $0.03 per diluted share, gain on the disposition of premises and equipment primarily due to the sale of several commercial real estate properties that were acquired in connection w ....

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Washington Savings Bank Announces New Chairman Of The Board


Effingham, IL / Effingham Radio
Apr 27, 2021 1:16 PM
Effingham, IL -(Effingham Radio)- Washington Savings Bank recently announced that Paul Koerner was named Chairman of the Board at the annual meeting held on April 14, 2021. Paul has served on the bank’s Board of Directors since August 2006. Outing Chairman, Rocky Weber, had served as Chairman of the Board since March of 2006.  He will remain on the Bank’s board of directors.
 
“Rocky’s stewardship of the bank has resulted in safe and sound growth of the bank from just over $188 million of total assets when he became Chairman to nearly $470 million in assets today,” noted David Doedtman, the Bank’s President and CEO.   “We are fortunate to have a replacement with Paul’s background and leadership ability to step into the Chairmanship,” added Doedtman. ....

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