President and CEO, Krista Snelling commented: "We are pleased to report continued strong financial results this quarter including net interest margin of 4.98% and return on average assets of 1.98% (excluding merger-related costs). Additionally, our diligent expense management continues with an efficiency ratio below 44% (also excluding merger-related costs). Our tangible book value per share continues to grow accordingly. Financial Highlights Board Declares Quarterly Cash Dividend SANTA CRUZ, Calif., July 2 ...

Second Quarter Highlights Deposits increased $113.0 million or 1% to $11.3 billion at June 30, 2024 compared to $11.2 billion at March 31, 2024. During this period, noninterest-bearing deposits increased $113.5 million or 4%, while interest-bearing deposits were relatively unchanged. Growth within noninterest-bearing deposit categories was driven by commercial and small business checking accounts. Within interest-bearing deposits, money market and savings accounts grew $167.6 million or 6% and $99.0 million ...

Stable balance sheet quality Core Provision for Credit Losses Trending $553 $568 $515 $512 $30 $65 $95 $49 2.08% 2.10% 2.11% 2.11% $420 $488 $463 $538 3Q23 2Q24 4Q23 1Q24 NCOs Reserve Build Allowance for Credit Losses/ Period-end Loans U.S. Bancorp's valuation 1 11 H 10000 100 1 ц n i 1 le um 1 l 11 1 i H 100 III Ther Sundry Photography U.S. Bancorp (NYSE: USB) beat second-quarter earnings consensus estimates last week Wednesday, despite the commercial bank reporting a 9% decline in in its net interest inco ...

KALISPELL, Mont., July 22, 2024 (GLOBE NEWSWIRE) -- Glacier Bancorp, Inc. (NYSE: GBCI) announced that on July 19, 2024, its wholly owned subsidiary, Glacier Bank, completed its acquisition of six Montana branch locations of HTLF Bank (the "Branches"), a wholly owned subsidiary of Heartland Financial USA, Inc. (NASDAQ: HTLF), including the deposits, loans, owned real estate and fixed and other assets associated with the Branches. The six branches Glacier Bank acquired are: 2615 King Ave. W, Billings, MT 2929 ...

Period end total loans were $9.85 billion at June 30, 2024, $9.69 billion at March 31, 2024 and $9.65 billion at December 31, 2023. Period end total loans increased $203.6 million from December 31, 2023. Total commercial loans increased $201.0 million to $5.18 billion; and total consumer loans increased $2.6 million to $4.67 billion. Excluding the other consumer and residential solar portfolios that are in a planned run-off status, period end loans increased $294.9 million, or 6.9% annualized. Commercial li ...

KNOXVILLE, Tenn., July 22, 2024 /PRNewswire/ -- Mountain Commerce Bancorp, Inc. (the "Company") (OTCQX: MCBI), the holding company for Mountain Commerce Bank (the "Bank"), today announced results and related data as of and for the three and six months ended June 30, 2024. The Company also announced today that its Board of Directors declared a quarterly cash dividend of $0.05 per common share, its fifteenth consecutive quarterly dividend. The dividend is payable on September 2, 2024 to shareholders of record ...

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| --- | --- | |-------------|-------| | | | | | | | | | | | | | | | | | | | 167,131,411 | | | 152,669,374 | | | 319,800,785 | | Total deposits 339,735,175 | --- | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------|-----------------|-----------------| | | | | | Federal Home Loan Bank advances | 8,000,000 | 15,000,000 | | Federal Reserve Bank borrowings | 64,000,000 | 57,000,000 | | Subordinated debt | 10,0 ...

MOUNTLAKE TERRACE, Wash., July 19, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (the "Company") (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington ("1st Security Bank" or "Bank") announced today that it has named Matthew D. Mullet as President of both the Bank and the Company. Mr. Mullet has held the title of Chief Financial Officer at both the Bank and the Company since September 2011 and will also continue in his position as Chief Financial Officer. Joseph C. Adams will remain as Chief E ...

BAYONNE, N.J., July 19, 2024 (GLOBE NEWSWIRE) -- BCB Bancorp, Inc. (the "Company"), (NASDAQ: BCBP), the holding company for BCB Community Bank (the "Bank"), today reported net income of $2.8 million for the second quarter of 2024, compared to $5.9 million in the first quarter of 2024, and $8.6 million for the second quarter of 2023. Earnings per diluted share for the second quarter of 2024 were $0.14, compared to $0.32 in the preceding quarter and $0.50 in the second quarter of 2023. Debt obligations increa ...