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ServisFirst Bancshares, Inc. to Announce Fourth Quarter and Full-Year 2025 Financial Results on January 20, 2026
Globenewswire· 2025-12-30 20:07
Core Viewpoint - ServisFirst Bancshares, Inc. is set to announce its earnings and operating results for the quarter and year ending December 31, 2025, on January 20, 2026, at 4 p.m. ET [1] Group 1: Earnings Announcement - The earnings announcement will be made available on the company's website [1] - A live audio webcast to discuss the earnings and results will take place on January 20, 2026, starting at 5:15 p.m. ET [2] - A replay of the audio webcast will be accessible until January 31, 2026 [2] Group 2: Company Overview - ServisFirst Bancshares, Inc. is a bank holding company located in Birmingham, Alabama [3] - The company, through its subsidiary ServisFirst Bank, offers a range of financial services including commercial and consumer loans, deposits, electronic banking, treasury and cash management services, and correspondent banking services [3] - The bank operates in multiple states including Alabama, Florida, Georgia, North and South Carolina, Tennessee, and Virginia [3] Group 3: Regulatory Filings - ServisFirst Bancshares, Inc. files periodic reports with the U.S. Securities and Exchange Commission (SEC) [4] - Copies of the company's filings can be accessed through the SEC's website or the company's own website [4]
Alpine Banks of Colorado announces appointment of Glen Jammaron as CEO and chairman
Globenewswire· 2025-12-16 16:00
GLENWOOD SPRINGS, Colo., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Alpine Banks of Colorado (OTCQX: ALPIB) announced that Glen Jammaron has been appointed as chief executive officer and chairman for Alpine Banks of Colorado and its wholly owned subsidiary, Alpine Bank. Jammaron succeeds J. Robert “Bob” Young, who founded Alpine Bank and served as its chairman for 53 years. Young passed away on December 11, 2025. “I am honored to continue the incredible legacy that Bob built for Alpine Bank,” noted Jammaron. “We ant ...
Alpine Bank celebrates the enduring legacy of Founder J. Robert “Bob” Young
Globenewswire· 2025-12-12 20:25
Core Insights - The passing of J. Robert "Bob" Young marks a significant loss for Alpine Bank and the community, as he was a pivotal figure in its establishment and growth [2][4][5] - Young's legacy includes a commitment to community service, employee ownership, and a culture of integrity within the bank [3][5][6] Company Overview - Alpine Bank, founded in 1973, has grown to become a respected financial institution in Colorado with 39 locations and $6.8 billion in assets [3][6] - The bank employs 890 people and serves approximately 170,000 customers, offering a range of financial services [6] Leadership and Impact - Bob Young's leadership philosophy emphasized caring for others and community connection, which has shaped the bank's mission [2][5] - Young's initiatives included the introduction of an employee stock ownership plan (ESOP) in 1983, fostering employee investment in the bank's future [3] Community Engagement - Young was actively involved in community service and philanthropy, notably through the creation of the Alpine Bank First-Generation Scholarship, benefiting over 300 college students [4] - His contributions extended to leadership roles in the Colorado Bankers Association and the Colorado state banking board [4] Legacy and Future - The values instilled by Young continue to guide Alpine Bank, ensuring a commitment to community service and integrity [5] - The bank's five-star rating from BauerFinancial reflects its superior performance in the financial sector [6]
Alpine Banks of Colorado announces retirement of two directors
Globenewswire· 2025-12-04 20:36
Core Viewpoint - Alpine Banks of Colorado announced the planned retirement of board members Linda Childears and Steve Briggs, who will continue to serve until the 2026 annual meetings [1][5]. Group 1: Leadership Contributions - Steve Briggs has had a 45-year career at Alpine Bank, starting as a teller and eventually becoming president of multiple branches, including the Aspen branch [2][3]. - Linda Childears joined the board in July 2020, bringing extensive banking and nonprofit leadership experience, including roles at the Daniels Fund and Young Americans Bank [3][4]. Group 2: Community Involvement - Briggs has been actively involved in various community organizations, emphasizing the bank's commitment to serving the Roaring Fork Valley [3]. - Childears has served on numerous nonprofit boards in the Denver metro area, highlighting her dedication to community service [4]. Group 3: Future Leadership - The company is focused on identifying new leaders to join the boards of both the Company and Alpine Bank, ensuring alignment with their vision and values [5][6]. - Alpine Bank aims to maintain its commitment to Colorado communities through its leadership selection process [6]. Group 4: Company Overview - Alpine Banks of Colorado is an independent, employee-owned organization with $6.8 billion in assets, founded in 1973, and headquartered in Glenwood Springs, Colorado [6]. - The bank employs 890 people and serves 170,000 customers across various banking services, holding a five-star rating from BauerFinancial [6].
Alpine Banks of Colorado announces exchange offer
Globenewswire· 2025-12-02 15:50
Core Viewpoint - Alpine Banks of Colorado has announced an exchange offer for up to 800,000 shares of Class A common stock for newly issued Class B common stock on a one-for-one basis, aimed at enhancing marketability for shareholders [1][2]. Group 1: Exchange Offer Details - The exchange offer will begin on December 12, 2025, and will expire at 5:00 p.m. Mountain Time on January 16, 2026, unless extended [3]. - If the exchange offer is oversubscribed, Class A Shares will be exchanged on a pro rata basis, and no fractional Class B Shares will be issued [1][2]. Group 2: Marketability and Shareholder Benefits - The lack of a publicly traded market for Class A Shares limits their marketability, while Class B Shares are listed on the OTCQX Best Market, providing better opportunities for sale [2]. - The exchange offer is expected to support the interests of shareholders, employee owners, and the communities served by the bank [3]. Group 3: Regulatory Compliance - The company is relying on Section 3(a)(9) of the Securities Act of 1933 to exempt the Class B Shares from registration requirements, ensuring no commissions are paid for soliciting the exchange [4]. Group 4: Company Overview - Alpine Banks of Colorado is an independent, employee-owned organization with $6.8 billion in assets, founded in 1973, and serves 170,000 customers across Colorado [6]. - The bank employs 890 people and offers a range of services including personal, business, wealth management, mortgage, and electronic banking [6].
Alpine Banks of Colorado announces financial results for third quarter 2025
Globenewswire· 2025-10-30 20:00
Core Viewpoint - Alpine Banks of Colorado reported strong financial results for the third quarter of 2025, with net income of $18.5 million, reflecting growth in return on assets (ROA) and return on equity (ROE) as well as earnings per share and book value per share [1][2]. Financial Performance - Net income for Q3 2025 was $18.5 million, up from $17.6 million in Q2 2025 [2]. - Interest income increased by $2.3 million in Q3 2025 compared to Q2 2025, driven by higher yields and increased loan volume [2]. - Noninterest income rose by $0.5 million in Q3 2025, mainly due to higher service charges on deposit accounts [2]. - Noninterest expense increased by $0.7 million in Q3 2025, primarily due to higher salary and employee benefit expenses [2]. - A provision for loan losses of $1.7 million was recorded in Q3 2025, slightly up from $1.6 million in Q2 2025 [2]. Year-to-Date Performance - For the nine months ended September 30, 2025, net income was $50.5 million, compared to $35.9 million for the same period in 2024 [3]. - Interest income for the first nine months of 2025 increased by $12.5 million compared to the same period in 2024 [3]. - Noninterest income increased by $1.7 million year-over-year, primarily from bank-owned life insurance earnings and service charges [3]. - Noninterest expense rose by $7.0 million compared to the first nine months of 2024 [3]. Asset and Loan Growth - Total assets increased by $212.8 million, or 3.2%, to $6.82 billion as of September 30, 2025 [5]. - Loans outstanding totaled $4.2 billion as of September 30, 2025, reflecting a $34.1 million increase during Q3 2025 [7]. - Year-over-year, loans outstanding increased by $216.1 million, or 5.3%, compared to $4.0 billion on September 30, 2024 [8]. Deposit Trends - Total deposits increased by $184.6 million, or 3.1%, to $6.1 billion during Q3 2025 [9]. - Year-over-year, total deposits increased by $187.1 million, or 3.2%, compared to $5.9 billion on September 30, 2024 [10]. - Noninterest-bearing demand accounts comprised 31.7% of all deposits as of September 30, 2025, up from 29.9% on June 30, 2025 [9]. Capital Position - The Bank is designated as "well capitalized," with a Tier 1 Leverage Ratio of 10.02% and a Total Risk-Based Capital Ratio of 15.47% as of September 30, 2025 [11]. - The Company's consolidated Tier 1 Leverage Ratio was 9.75% as of September 30, 2025 [11]. Shareholder Returns - The Company paid cash dividends of $0.21 per Class A and Class B common shares during Q3 2025 [13].
ServisFirst Bancshares, Inc. to Announce Third Quarter 2025 Financial Results October 20th
Globenewswire· 2025-09-26 21:00
Core Viewpoint - ServisFirst Bancshares, Inc. is set to announce its earnings and operating results for the quarter ending September 30, 2025, on October 20, 2025, at 4 p.m. ET [1] Group 1 - The company will host a live audio webcast to discuss its earnings and results on October 20, 2025, starting at 5:15 p.m. ET, with a replay available until October 31, 2025 [2] - ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama, providing various financial services through its subsidiary, ServisFirst Bank [3] - The bank offers commercial, consumer, and other loans, accepts deposits, and provides electronic banking services, treasury and cash management services, and correspondent banking services [3] Group 2 - The company files periodic reports with the U.S. Securities and Exchange Commission (SEC), and these filings can be accessed through the SEC's website or the company's website [4]
Alpine Banks of Colorado announces financial results for second quarter 2025
Globenewswire· 2025-07-31 19:00
Core Viewpoint - Alpine Banks of Colorado reported strong financial performance in the second quarter of 2025, with significant increases in net income and loan portfolio growth compared to previous periods [1][2]. Financial Performance - Net income for the second quarter of 2025 was $17.6 million, up from $14.3 million in the first quarter of 2025, marking a 23.1% increase [2][5]. - Year-to-date net income for the first half of 2025 reached $31.9 million, a 43% increase compared to $22.3 million in the first half of 2024 [2]. - Interest income rose by $3.0 million in the second quarter of 2025 compared to the first quarter, driven by higher yields and increased loan volume [2]. - Noninterest income increased by $0.7 million in the second quarter of 2025, primarily due to higher service charges and other income [2]. Loan Portfolio - Loans outstanding as of June 30, 2025, totaled $4.2 billion, reflecting a $87.0 million increase, or 2.1%, from the previous quarter [6]. - The growth in the loan portfolio was primarily driven by increases in commercial real estate loans ($81.8 million) and residential real estate loans ($77.0 million) [6]. - Year-over-year, loans outstanding increased by $145.7 million, or 3.6%, compared to $4.1 billion on June 30, 2024 [7]. Deposits - Total deposits decreased by $68.4 million, or 1.2%, to $5.9 billion during the second quarter of 2025, mainly due to declines in demand deposits and certificate of deposit accounts [8]. - However, total deposits increased by $76.6 million, or 1.3%, compared to $5.79 billion on June 30, 2024, driven by growth in money market accounts and demand deposits [9]. Capital and Ratios - The Bank maintained a "well capitalized" designation, with a Tier 1 Leverage Ratio of 9.90% and a Total Risk-Based Capital Ratio of 15.21% as of June 30, 2025 [12]. - Book value per share increased to $33.97 as of June 30, 2025, up by $1.03 from March 31, 2025 [13]. Dividends - The Company declared cash dividends of $0.21 per Class A and Class B common shares during the second quarter of 2025, payable on July 28, 2025 [14]. Company Overview - Alpine Banks of Colorado is an independent, employee-owned organization with total assets of $6.61 billion as of June 30, 2025, serving approximately 170,000 customers [15].
Alpine Banks of Colorado announces dividend on common stock
Globenewswire· 2025-07-10 21:00
Company Overview - Alpine Banks of Colorado is an independent, employee-owned organization with a total asset value of $6.7 billion, founded in 1973 and headquartered in Glenwood Springs, Colorado [2] - The bank employs 890 people and serves approximately 170,000 customers, offering a range of services including personal, business, wealth management, mortgage, and electronic banking across Colorado's Western Slope, mountains, and Front Range [2] - Alpine Bank has received a five-star rating from BauerFinancial, indicating superior performance among financial institutions in the United States [2] Dividend Declaration - The company declared a cash dividend of $0.21 per share on its Class A and Class B common stock, which is payable on July 28, 2025, to shareholders of record as of June 21, 2025 [1]
ServisFirst Bancshares, Inc. to Announce Second Quarter 2025 Financial Results July 21st
GlobeNewswire News Room· 2025-06-30 21:19
Core Points - ServisFirst Bancshares, Inc. is set to announce its earnings and operating results for the quarter ended June 30, 2025, on July 21, 2025, at 4 p.m. ET [1] - A live audio webcast to discuss the earnings and results will take place on the same day at 5:15 p.m. ET, with a replay available until July 31, 2025 [2] Company Overview - ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama, providing business and personal financial services through its subsidiary, ServisFirst Bank [3] - The company operates in multiple states, including Alabama, Florida, Georgia, North and South Carolina, Tennessee, and Virginia, offering a range of services such as loan origination, deposit acceptance, electronic banking, treasury and cash management services, and correspondent banking [3] Regulatory Filings - ServisFirst Bancshares, Inc. files periodic reports with the U.S. Securities and Exchange Commission (SEC), and these filings can be accessed through the SEC's website or the company's own website [4]