Hotel Utica gains ground on loan payments Nov 19, 2008
Due to accrued interest, they now owe the city more than $6. 3 million, records show. (Utica NY Obserer, NY)
First Federal Bankshares, Inc. Reports Financial Results For Fiscal First Quarter 2009 Nov 15, 2008
FIRST FEDERAL BANKSHARES, INC. and SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (Dollars in thousands, except per September 30 June 30 September 30 share amounts) 2008 2008 2007 ASSETS Cash and cash equivalents $10,109 $12,491 $12,134 Securities available-for-sale, at fair value 76,953 84,229 113,442 Securities held-to-maturity, at cost 6,660 7,000 9,225 Mortgage loans held for sale 803 1,102 1,597 Loans receivable, net 391,940 407,819 432,215 Office property and equipment, net... (PR Newswire)
Revett Minerals Reports Operating and Financial Results for the Three and Nine Months Ended September 30, 2008 Nov 15, 2008
05 ------------------------------------------------------- ------------------------------------------------------- Weighed average number of shares outstanding 75,002,702 73,197,703 74,922,713 72,976,235 ------------------------------------------------------- ------------------------------------------------------- Weighted average number of diluted shares outstanding 75,002,702 73,197,703 74,922,713 73,542,289 -------------------------------------------------------... (PR Newswire)
African Copper-Third Quarter 2008 Financial Statements and Management Discussion and Analysis Nov 15, 2008
African Copper Plc Consolidated Statement of Changes in Shareholders' Equity ---------------------------------------------------------------------------- Foreign Currency Acqui- Trans- Share Share sition lation Hedging Retained Total Capital Premium Reserve Reserve Reserve Loss Equity Pounds Pounds Pounds Pounds Pounds Pounds Pounds Sterling Sterling Sterling Sterling Sterling Sterling Sterling '000 '000 '000 '000 '000 '000 '000... (CCNMatthews Press Releases)
LBI Media, Inc. Reports Third Quarter 2008 Results Nov 15, 2008
Results of Operations (continued): LBI MEDIA, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) September 30, December 31, 2008 2007 (unaudited) Assets Current assets: Cash and cash equivalents $357 $ 1,697 Accounts receivable, net 22,344 17,780 Current portion of program rights, net 433 321 Amounts due from related parties 53 14 Current portion of notes receivable from related parties 454 449 Current portion of employee advances 83 81 Prepaid expenses and other current assets 1,198... (Yahoo! Wire -- Entertainment News)
Orsu Metals Corporation Announces Interim Results for the Period Ended 30 September 2008 and 2007 (Unaudited) Nov 13, 2008
2 million in contractor advances (relating to MDM) along with accrued interest of Rand 12 ... 7 million and accrued interest income of $1 ... 16) Weighted average number of common shares (000's) - Basic & diluted 310,152 279,764 310,152 279,717 Orsu Metals Corporation Consolidated Statements for Cash Flows For the Period Ended 30 September 2008 and 2007 (Unaudited) ------------------------------------------------------------------------- Three months ended Nine months ended September 30... (CCNMatthews Press Releases)
Home Inns Reports Third Quarter Unaudited Financial Results Nov 12, 2008
1 million) including principal and accrued interest. These are zero coupon bonds with a maturity on or around December 10, 2012, with a yield of 0. (PR Newswire)
Heitman fund sues local investors Nov 12, 2008
6 million, including accrued interest, the complaint says. The Heitman Value Partners fund, formed in 2003, had a total buying power of $350 million, including leverage, according to a news release issued at the time. (Crain's Chicago Business)
Deerfield Capital Corp. Announces Third Quarter 2008 Results and Cost Savings Initiative Nov 11, 2008
DEERFIELD CAPITAL CORP. AND ITS SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (In thousands, except share and per share amounts) September 30, December 31, 2008 2007 ASSETS Cash and cash equivalents $41,908 $113,733 Due from broker 12,715 270,630 Restricted cash and cash equivalents 63,034 47,125 Available-for-sale securities, including zero and $4,884,023 pledged-at fair value 5,078 4,897,972 Trading securities, including $408,660 and $733,782 pledged-at fair value 415,462... (PR Newswire)
RONA Announces Results for Third Quarter 2008 Nov 11, 2008
The following table presents the financial liability instalments payable when contractually due, excluding future interest payments but including accrued interest as at September 28, 2008. Less Carrying than 1-2 3-4 5 years amount 1 year years years and more ------------------------------------------------------------------------- Revolving credit $64,009 $- $- $64,009 $- Debentures 400,000 - - - 400,000 Mortgage loans and balance of purchase price 51,575 20,295 11,737 12,779 6,764 Obligations... (CCNMatthews Press Releases)
Crafting a good wrap Nov 11, 2008
At the end of 30 years, when the original $300,000 loan is paid off, the cumulative balance of those $600-per-month payments, together with accrued interest at 5 percent per annum, is due and payable to the taxpayers. Technically, the device that would secure our taxpayer investment is a "wrap-around mortgage." The homeowners remit their part of the payment to the "wrap" lender (we, the taxpayers, in this instance). (NJ.com -- Times)
New York Mortgage Trust Reports Third Quarter 2008 Results Nov 7, 2008
88) Weighted average shares outstanding-basic 9,320 1,818 7,924 1,812 Weighted average shares outstanding - diluted 9,320 1,818 7,924 1,812 NEW YORK MORTGAGE TRUST, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (dollar amounts in thousands, except per share data) (unaudited) September 30, December 31, 2008 2007 ASSETS Cash and cash equivalents $ 13,307 $ 5,508 Restricted cash 278 7,515 Investment securities - available for sale 480,142 350,484 Accounts and accrued interest... (PR Newswire)
EuroBancshares, Inc. Reports Financial Results for the Third Quarter Ended September 30, 2008 Nov 7, 2008
11 EUROBANCSHARES, INC. AND SUBSIDIARIES Condensed Consolidated Balance Sheets (Unaudited) September 30, 2008 and December 31, 2007 Assets 2008 2007 Cash and due from banks $15,336,891 $15,866,221 Interest bearing deposits 40,350,962 32,306,909 Securities purchased under agreements to resell 22,898,911 19,879,008 Investment securities available for sale 768,625,439 707,103,432 Investment securities held to maturity 42,903,026 30,845,218 Other investments 15,585,500 13,354,300 Loans held for sale... (PR Newswire)
Trump Entertainment Resorts Reports Third Quarter 2008 Results Nov 7, 2008
48) ========== ========== ========== ========== Weighted average shares outstanding: Basic 31,720,954 31,099,905 31,659,942 31,084,501 ========== ========== ========== ========== Diluted 31,720,954 40,477,389 31,659,942 31,084,501 ========== ========== ========== ========== TRUMP ENTERTAINMENT RESORTS, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (dollars in thousands, except share and per share data) September 30, December 31, 2008 2007 ------------ ------------ (unaudited) Current assets: Cash... (Primezone Releases)
Investors Title Company Announces Third Quarter 2008 Results Nov 6, 2008
91 =========== =========== =========== =========== Weighted Average Shares Outstanding - Diluted 2,360,533 2,506,949 2,409,747 2,520,383 =========== =========== =========== =========== Investors Title Company and Subsidiaries Consolidated Balance Sheets As of September 30, 2008 and December 31, 2007 (Unaudited) Sept. 30, 2008 Dec. 31, 2007 ------------ ------------ Assets Investments in securities: Fixed maturities: Held-to-maturity, at amortized cost $ 556,721 $ 1,052,535 Available-for-sale, at... (Primezone Releases)
Mariner Energy Reports Record Third-Quarter Results Nov 5, 2008
MARINER ENERGY, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except share data) (Unaudited) September 30, December 31, 2008 2007 Current Assets Cash and cash equivalents $11,147 $18,589 Receivables, net of allowances 170,470 157,774 Insurance receivables 7,433 26,683 Derivative financial instruments 3,893 11,863 Intangible assets 2,036 17,209 Prepaid expenses and other 19,058 10,630 Deferred tax asset 14,744 6,232 Total current assets 228,781 248,980 Property and equipment, net... (PR Newswire)
Investors Bancorp, Inc. Announces First Quarter Financial Results Nov 5, 2008
There was also an increase in accrued interest receivable of $4 ... INVESTORS BANCORP, INC. AND SUBSIDIARY Consolidated Balance Sheets September 30, 2008 (Unaudited) and June 30, 2008 September 30, June 30, Assets 2008 2008 (In thousands) Cash and cash equivalents $20,500 22,823 Securities available-for-sale, at estimated fair value 190,498 203,032 Securities held-to-maturity, net (estimated fair value of $1,118,336 and $1,198,053 at September 30, 2008 and June 30, 2008, respectively) 1,199,443... (PR Newswire)
Taylor Capital Reports 3rd Quarter Loss As It Builds Reserves, Raises Capital and Launches Asset Based Initiative Nov 5, 2008
TAYLOR CAPITAL GROUP, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands) (Unaudited) (Unaudited) Sept. 30, June 30, December 31, 2008 2008 2007 ASSETS Cash and cash equivalents $210,376 $155,245 $83,561 Investment securities 794,727 818,242 892,371 Loans, net of allowance for loan losses of $117,967, $104,742 and $54,681 at September 30, 2008, June 30, 2008 and December 31, 2007, respectively 2,960,460 2,621,113 2,478,652 Premises, leasehold improvements and equipment, net 17,241 15,708... (PR Newswire)
Premium Brands Income Fund Announces Record Third Quarter Sales and Earnings Nov 5, 2008
"Looking ahead, we are encouraged by our current sales levels and are optimistic about our growth opportunities going forward given that many of the unusual industry-wide issues that have impacted us this year are now largely behind us. Furthermore, the key consumer trends that have been driving our growth, namely trends toward better-for-you products, fresher convenience foods, higher quality food products in general and dining out, are continuing to generate strong momentum."In terms of our... (CCNMatthews Press Releases)
Interline Brands, Inc. Announces Third Quarter 2008 Sales and Earnings Results Nov 4, 2008
" Conference Call Interline Brands will host a conference call on November 4, 2008 at 9:00 a.m. Eastern Standard Time. Interested parties may listen to the call toll free by dialing 1-800-427-0638 or 1-706-634-1170. A digital recording will be available for replay two hours after the completion of the conference call by calling 1-800-642-1687 or 1-706-645-9291 and referencing Conference I.D. Number 69695009. This recording will expire on November 18, 2008. For reference during the call, the... (PR Newswire)
Paragon Announces Equity Conversion and Private Placement Nov 4, 2008
2) accrued interest and accrued interest adjustment on the Converted Notes in the aggregate of $2,159,055, convertible at $0 ... 4) a repayment to Canterbury of $8,450,000 million principal convertible notes plus accrued interest with an immediate reinvestment in Paragon common shares of these amounts by way of private placement ("the Private Placement") at $0. (CCNMatthews Press Releases)
Home Capital Reports Solid Third Quarter Results: Net Income of $27.9 Million, up 22.3% for the Quarter; Return on Equity Reaches 27.6% Nov 3, 2008
8 million from December 31, 2007, primarily driven by corporate income tax changes within the Company's tax balances and increased accrued interest earned on the Company's loans portfolio ... 9 million, primarily resulting from the addition of goodwill and intangible assets acquired through the acquisition of PSiGate, corporate income tax changes within the Company's tax balances and accrued interest earned on the loans portfolio ... This growth was principally the result of increases in accrued... (Canada Newswire)
Community National Bank of the Lakeway Area Announces Quarterly Operating Results for the Third Quarter of 2008 Nov 1, 2008
The 2008 year-to-date decline is primarily attributable to the increase in nonaccrual loans during the year which resulted in a reduction in accrued interest of approximately $101 thousand. Loans grew during the third quarter 1. (Primezone Releases)
Brooklyn Federal Bancorp, Inc. Announces Operating Results for the Fourth Quarter and Fiscal Year Ended September 30, 2008, a Quarterly Cash Dividend of $0.10 Per Share and a Fourth Stock Repurchase Program Oct 31, 2008
4 million at September 30, 2007, other assets, which include accrued interest receivable, premises and equipment, bank owned life insurance and prepaid expenses and other assets of $2. 0 million, or 11. (PR Newswire)
Another condo project facing foreclosure Oct 31, 2008
9 million on the balance, accrued interest and other charges, the complaint says. It s racking up a little more than $10,000 per day in interest. (South Florida Business Journal, FL)
Cape Fear Bank Corp. Reports 2008 Third Quarter Results Oct 31, 2008
34 ========== ========== ========== ========== WEIGHTED AVERAGE COMMON SHARES OUTSTANDING Basic 3,841,785 3,766,224 3,829,990 3,766,010 Effect of dilutive stock options -- 67,233 -- 77,832 ---------- ---------- ---------- ---------- Diluted 3,841,785 3,833,457 3,829,990 3,843,842 ========== ========== ========== ========== CAPE FEAR BANK CORPORATION CONSOLIDATED BALANCE SHEETS --------------------------------------------------------------------- September 30, December 31, 2008 2007* (Unaudited)... (Primezone Releases)
OCI auditors unable to form opinion on accounts Oct 31, 2008
69mil including accrued interest of RM3. 63mil. (The Star Online, Malaysia -- Business)
Oritani Financial Corp. Announces Quarterly Results Oct 30, 2008
Oritani Financial Corp. and Subsidiaries Township of Washington, New Jersey Consolidated Balance Sheets September 30, 2008 and June 30, 2008 (in thousands, except share data) September 30, June 30, Assets 2008 2008 ------------- -------- (unaudited) Cash on hand and in banks $ 10,307 $ 7,332 Federal funds sold and short term investments 25 1,558 -- ----- Cash and cash equivalents 10,332 8,890 Loans, net 1,131,420 1,007,077 Securities available for sale, at market value 22,088 22,285... (PR Newswire)
Whiting Petroleum Corporation's Third Quarter 2008 Earnings Reach a Record $112.4 Million or $2.65 per Share Oct 30, 2008
WHITING PETROLEUM CORPORATION CONSOLIDATED BALANCE SHEETS (Unaudited) (In thousands) September 30, December 31, 2008 2007 ------------ ------------ ASSETS CURRENT ASSETS: Cash and cash equivalents $20,644 $14,778 Accounts receivable trade, net 192,711 110,437 Deferred income taxes 1,949 27,720 Prepaid expenses and other 26,562 9,232 ------ ----- Total current assets 241,866 162,167 PROPERTY AND EQUIPMENT: Oil and gas properties, successful efforts method: Proved properties 4,137,940 3,313,777... (PR Newswire)
First Financial Bancorp Reports Third Quarter 2008 Results Oct 30, 2008
" The company applied the fair value option to its equity securities of government sponsored entities ("GSE"), specifically 200,000 FHLMC perpetual preferred series V shares; and these shares are classified as trading assets. Third quarter 2008 financial results included a $3.4 million loss related to the company's investment of these securities. As previously mentioned, this loss is a result of the decline in market value of the shares following the September 7, 2008 announcement by the U.S.... (PR Newswire)
Clean Bill of Financial Health For WMMB Oct 30, 2008
Finally, the WMMB has more accrued interest receivable. That was at 93,913 at the end of this past June, compared to 61,102 compared to a year earlier. (Agri-View, WI)
Boston Properties, Inc. Announces Third Quarter 2008 Results Oct 29, 2008
84 Weighted average number of common and common equivalent shares outstanding 121,369 120,655 121,236 120,760 BOSTON PROPERTIES, INC. CONSOLIDATED BALANCE SHEETS September 30, December 31, 2008 2007 (in thousands, except for share amounts) (unaudited) ASSETS Real estate $9,434,884 $9,077,528 Real estate held for sale, net - 221,606 Construction in progress 813,404 700,762 Land held for future development 253,891 249,999 Less: accumulated depreciation (1,710,875) (1,531,707) Total real estate... (PR Newswire)
Citizens Financial Services, Inc. Reports Third Quarter 2008 Earnings Oct 29, 2008
CITIZENS FINANCIAL SERVICES, INC. CONSOLIDATED BALANCE SHEET (UNAUDITED) September December 31 September (in thousands except share data) 2008 2007 2007 ASSETS: Cash and due from banks: Noninterest-bearing $26,070 $10,374 $10,468 Interest-bearing 22 15 13 Total cash and cash equivalents 26,092 10,389 10,481 Available-for-sale securities 128,227 120,802 117,787 Loans (net of allowance for loan losses: 2008, $4,287 December 31, 2007, $4,197; and September 30, 2007, $4,112) 424,857 419,182 415,328... (PR Newswire)
ViewPoint Financial Group Announces Third Quarter and Year-to-Date 2008 Earnings Oct 28, 2008
VIEWPOINT FINANCIAL GROUP AND SUBSIDIARY Condensed Consolidated Balance Sheets (In thousands) September 30, December 31, 2008 2007 (unaudited) ASSETS Cash and cash equivalents $34,698 $73,478 Securities available for sale, at fair value 463,031 542,875 Securities held to maturity 153,997 20,091 Loans, net of allowance of $8,514 - September 30, 2008, $6,165 - December 31, 2007 1,221,711 921,822 Federal Home Loan Bank stock 17,441 6,241 Bank-owned life insurance 27,346 26,497 Premises and... (PR Newswire)
More >> Oct 26, 2008
The accrued interest is considered as a further investment and hence, it is also eligible for Section 80C benefits ... In the case of NSCs, the income generated in the form of accrued interest is taxable each year. (India Times)
American National Bankshares Reports Third Quarter Earnings Oct 25, 2008
American National Bankshares Inc. and Subsidiaries Consolidated Balance Sheets (Dollars in thousands, except share data) Unaudited September 30 ASSETS 2008 2007 Cash and due from banks $25,136 $20,016 Interest-bearing deposits in other banks 8,050 24 Securities available for sale, at fair value 134,114 136,270 Securities held to maturity 7,133 12,009 Total securities 141,247 148,279 Loans held for sale 2,269 375 Loans, net of unearned income 576,598 554,002 Less allowance for loan losses (8,083)... (PR Newswire)
Northwest Bancorporation, Inc. Announces Third Quarter 2008 Financial Results Oct 25, 2008
Mr. Fewel noted that net income was adversely affected by the increase in non-performing assets; the Bank had to reverse previously accrued interest income on loans that were moved to non-accrual and will not recognize additional interest income on those loans unless and until the borrower has brought the loan current, including all past due interest. Failing the rehabilitation of a non-performing loan, of course, the Bank will have to take ownership of and liquidate the collateral securing the... (Primezone Releases)
Glacier Bancorp, Inc. Earnings for Quarter Ended September 30, 2008 Oct 24, 2008
GLACIER BANCORP, INC. CONSOLIDATED CONDENSED STATEMENTS OF FINANCIAL CONDITION ($ in thousands except per September December September share data) 30, 31, 30, 2008 2007 2007 (unaudited) (audited) (unaudited) Assets: Cash on hand and in banks $94,865 145,697 128,230 Federal funds sold - 135 2,735 Interest bearing cash deposits 25,018 81,777 60,704 Investment securities, available-for-sale 842,348 700,324 740,406 Net loans receivable: Real estate loans 769,860 725,854 832,038 Commercial loans... (PR Newswire)
Encore Bancshares Reports Third Quarter 2008 Net Earnings of $228,000, or $.02 Per Diluted Share Oct 24, 2008
95% Encore Bancshares, Inc. and Subsidiaries CONSOLIDATED BALANCE SHEETS (Unaudited, dollars in thousands, except per share data) Sept 30, June 30, March 31, Dec 31, Sept 30, 2008 2008 2008 2007 2007 ---------- ---------- ---------- ---------- ---------- ASSETS Cash and due from banks $ 21,005 $ 21,954 $ 16,608 $ 18,817 $ 19,044 Interest -bearing deposits in banks 13,471 28,297 40,328 18,581 1,804 Federal funds sold and other 5,562 10,716 58,769 41,017 100,630 ---------- ---------- ----------... (Primezone Releases)
Center Bancorp, Inc. Reports Increase in Third Quarter 2008 Earnings Oct 24, 2008
CENTER BANCORP, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CONDITION (unaudited) September 30, December 31, (Dollars in Thousands) 2008 2007 --------------------------------------------------------------------- ASSETS Cash and due from banks $ 15,952 $ 20,541 Federal funds sold and securities purchased under agreement to resell 0 49,490 --------------------------------------------------------------------- Total cash and cash equivalents 15,952 70,031... (Primezone Releases)
Dearborn Bancorp Reports Third Quarter Earnings Oct 22, 2008
DEARBORN BANCORP, INC. AND SUBSIDIARY CONSOLIDATED BALANCE SHEETS (unaudited) (Dollars, in thousands) 09/30/08 12/31/07 09/30/07 ASSETS Cash and cash equivalents Cash and due from banks $15,719 $7,869 $14,929 Federal funds sold 14,281 1,495 7,031 Interest bearing deposits with banks 33,146 118 100 Total cash and cash equivalents 63,146 9,482 22,060 Mortgage loans held for sale 281 1,316 384 Investment securities, available for sale 2,520 8,902 10,640 Federal Home Loan Bank stock 3,614 2,072... (PR Newswire)
Liberty Property Trust Announces Third Quarter Results Oct 21, 2008
Funds from operations available to common shareholders also does not represent cash flows generated from operating, investing or financing activities as defined by GAAP. Liberty Property Trust Balance Sheet September 30, 2008 (In thousands, except share amounts) September 30, December 31, 2008 2007 Assets (Unaudited) Real estate: Land and land improvements $805,797 $795,939 Building and improvements 4,235,427 4,432,690 Less: accumulated depreciation (956,732) (863,193) Operating real estate... (PR Newswire)
PSi Technologies Reports Third Quarter 2008 Results Oct 21, 2008
On June 1, 2009, Merrill Lynch LLC may redeem the note together with the accrued interest and any unpaid interest. Business Outlook Commenting on PSi's business outlook, Arthur J. Young, Jr., Chairman and CEO said, "The third quarter reversed the Net Loss to a modest Net Income, and I am happy that improvements were visible in all aspects of our business. Continuous cost savings in our direct and indirect materials and labor complemented the sales volume increase from last quarter, thereby... (PR Newswire)
First Defiance Announces 2008 Third Quarter Earnings Oct 21, 2008
Consolidated Balance Sheets First Defiance Financial Corp. (Unaudited) September 30, December 31, September 30, (in thousands) 2008 2007 2007 Assets Cash and cash equivalents Cash and amounts due from depository institutions $34,230 $53,976 $30,558 Interest-bearing deposits 358 11,577 29,379 34,588 65,553 59,937 Securities Available-for sale, carried at fair value 113,036 112,370 111,236 Held-to-maturity, carried at amortized cost 978 1,117 1,236 114,014 113,487 112,472 Loans 1,596,327 1,289,696... (PR Newswire)
Chino Commercial Bancorp Reports Third Quarter Earnings Oct 20, 2008
CHINO COMMERCIAL BANCORP CONSOLIDATED BALANCE SHEET September 30, 2008 and December 31, 2007 September 30, December 31, 2008 2007 ------------ ------------ (unaudited) (audited) ASSETS: Cash and due from banks $ 5,010,809 $ 3,487,933 Federal funds sold 10,500,000 7,440,000 ------------ ------------ Cash and cash equivalents 15,510,809 10,927,933 Interest-bearing deposits in other banks 99,000 99,000 Investment securities available for sale 5,255,055 7,339,354 Investment securities held to... (Primezone Releases)
First M&F Corp. Reports Third Quarter Earnings Rebound From Second Quarter Oct 18, 2008
" Growth The Company opened a full-service banking location in Cordova, Tennessee in June 2007, expanding its number of Memphis metropolitan locations to four. In July 2007 the Company opened a full-service banking location in Brandon, Mississippi followed in August by the opening of an additional full-service banking facility in Ridgeland, Mississippi. The Company opened a second location in Okaloosa County, Florida during the fourth quarter of 2007. About First Moration First M., the parent of... (PR Newswire)
Fidelity Southern Corporation Reports Expected Loss Oct 17, 2008
68 WEIGHTED AVERAGE COMMON SHARES OUTSTANDING-BASIC 9,441,876 9,341,021 9,404,001 9,320,465 WEIGHTED AVERAGE COMMON SHARES OUTSTANDING-FULLY DILUTED 9,441,876 9,343,009 9,404,001 9,329,302 FIDELITY SOUTHERN CORPORATION CONSOLIDATED BALANCE SHEETS (UNAUDITED) (DOLLARS IN THOUSANDS) SEPTEMBER 30, DECEMBER 31, SEPTEMBER 30, ASSETS 2008 2007 2007 CASH AND DUE FROM BANKS $22,706 $23,442 $24,376 FEDERAL FUNDS SOLD 29,956 6,605 4,501 CASH AND CASH EQUIVALENTS 52,662 30,047 28,877 INVESTMENTS... (PR Newswire)
Astoria Financial Corporation Announces Third Quarter Operating Earnings Per Share of $0.46 Oct 16, 2008
" Astoria Financial Corporation, with assets of $22.2 billion, is the holding company for Astoria Federal Savings and Loan Association. Established in 1888, Astoria Federal, with deposits in New York totaling $13.1 billion, is the largest thrift depository headquartered in New York and embraces its philosophy of "Putting people first" by providing the customers and local communities it serves with quality financial products and services through 85 convenient banking office locations and multiple... (PR Newswire)
Sovereign Bancorp, Inc. Pre-Announces Third Quarter 2008 Results Oct 14, 2008
31 (dollars in thousands) 2008 2008 2008 Assets Cash and amounts due from depository institutions (1) $2,525,696 $1,140,965 $1,957,403 Investments: Available-for-sale 8,604,927 11,118,184 10,958,419 Other investments 949,075 944,606 1,134,805 Total investments 9,554,002 12,062,790 12,093,224 Loans: Commercial 32,517,171 32,435,333 32,181,592 Consumer 24,396,717 24,970,453 26,690,190 Total loans 56,913,888 57,405,786 58,871,782 Less allowance for loan losses (957,864) (808,748) (775,441) Total... (PR Newswire)
BioteQ Signs Agreement to Manage Mexico Operations, Management Fees Based on Gold Recovered From Process Plant Oct 14, 2008
The new management arrangement will be in place until BioteQ recovers all operating and development costs, original capital investment plus 30%, and loans to NWM, including accrued interest. It is expected that the management fee arrangement will be in place for less than three years based on the current production plan for the project. (CCNMatthews Press Releases)
First Reliance Announces 3rd Quarter Net Income of $765,178 - Up 31% Oct 12, 2008
17 First Reliance Bancshares, Inc. Balance Sheet September 30 September 30 December 31 2008 2007 2007 (Unaudited) (Unaudited) Audited Assets: Cash and Cash Equivalents Cash and Due From Banks 5,928,325 12,303,957 7,164,650 Federal funds sold - - - Total cash and cash equivalents 5,928,325 12,303,957 7,164,650 Investment securities Securities available for sale 56,982,931 34,101,361 58,580,313 Nonmarketable equity securities 3,922,200 1,905,400 3,930,400 Investment in trust 310,000 310,000 -... (PR Newswire)
Economic Stabilization act full text (New version) Oct 4, 2008
(A) MARKET VALUE OF THE OUTSTANDING REPAYABLE ADVANCES, PLUS ACCRUED INTEREST- The term market value of the outstanding repayable advances, plus accrued interest means the present value (determined by the Secretary of the Treasury as of the refinancing date and using the Treasury rate as the discount rate) of the stream of principal and interest payments derived assuming that each repayable advance that is outstanding on the refinancing date is due on the 30th anniversary of the end of the... (Gillette News-Record, WY)
India Hospitality Corp. Reports Financial Results as of March 31, 2008 Sep 23, 2008
Other current assets include unbilled income, prepayments, accrued interest and deposits and advances receivable in cash and kind. The directors consider that the carrying amount of trade and other receivables approximates their fair value. (PR Newswire)
Heads Up: New farm bill starts to take shape (2) Sep 21, 2008
CCC commodity loans would continue to be 9-month loans, with loan repayment at any time at the posted county price (PCP), when it is advantageous to the producer, or at any time the producer chooses to repay the CCC loan plus accrued interest. Potential loan deficiency payments (LDPs) would be continued, as an alternative to utilizing the basic CCC loan program. (Sioux Falls Tri-State Neighbor, SD)
Congressman vs. Forest Service: Smoke or fire? Sep 18, 2008
"After an extended battle with Brown, Forest Service officials agreed to remove accrued interest and late-payment penalties from the congressman's fine, reducing it by more than $1,000. Brown paid a reduced fine of $4,747 in April, but only after he ensnared dozens of federal employees in a four-year fight that cost the government an estimated $100,000."This is ticket-fixing at the highest levels," said Jeff Ruch, the executive director of Public Employees for Environmental Responsibility, a... (Anchorage Daily News)
Getting a loan is tough, here's what you need to know Sep 15, 2008
Liar loans belong to a category of alternative prime loans, referred to as Alt-A loans, which includes jumbo loans, 80/20 loans, interest-only loans and option-ARM loans, in which the borrower can pay less than the amount of accrued interest for a limited period of time. None of those loans have been eliminated, Hoogendyk said, but most have become prohibitively expensive in the past year. (AZCentral -- Business)
Finally, a bid for First Calgary Sep 9, 2008
60 a share, while convertible bondholders will receive 108% of the par value, plus accrued interest. "If we are lucky we will get something," Mr. Kroupeev said in an interview from Moscow. (Financial Post)
FMX Ventures Inc.: Financial Statements and MD&A for the Three Months Ended June 30, 2008 Aug 31, 2008
FOOTMAXX HOLDINGS INC. Consolidated Statement of Operations and Deficit For Quarterly Periods ended June 30, 2008 & 2007 Unaudited ------------------------------------------------------------ ------------------------------------------------------------ Year-to-Date Year-to-Date June 30, June 30, Q2 2008 Q2 2007 2008 2007 ------------------------------------------------------------ Sales $ - $ 3,447,993 $ - $ 6,788,578 Cost of sales - 1,702,262 - 3,265,350... (CCNMatthews Press Releases)
CIBC Announces Third Quarter 2008 Results Aug 27, 2008
If the restructuring plan set out in the Montreal Accord ultimately prevails as we expect, we will receive $145 million in senior Class A-1 notes, $153 million in senior Class A- 2 notes and $152 million in various subordinated and tracking notes and $2 million in accrued interest in exchange for our existing ABCP with par value of $452 million in the third quarter. The Class A-1 and Class A-2 notes pay a variable rate of interest that will be below market levels. (Canada Newswire)
SAN MARCOS: Board to advance retiree health benefits financing plan Aug 25, 2008
The bond proceeds will then be invested and the accrued interest over 60 years will be used to pay off 58. 4 million in health insurance bills the district projects it will owe nearly 1,300 retired employees during that period, Hamels said. (North County Times)
Abode Mortgage Holdings Corp. Announces Closing on the Non-Brokered Private Placement of Convertible Unsecured 10% Notes Aug 23, 2008
At any time on 30 days' notice to the note holder, during which period the holder may still elect to convert its note into common shares, the Company may prepay the whole of the outstanding principal and accrued interest thereon. The notes, and any shares issued upon exercise of the third tranche of notes are subject to a hold period and may not be traded until December 16, 2008 except as permitted by the applicable securities law, the Rules made thereunder, and the TSX Venture Exchange. (CCNMatthews Press Releases)
In Default, ACN Swings to Q2 Loss on Goodwill Charge Aug 22, 2008
"While we do not expect our lenders to immediately terminate either facility and/or demand immediate repayment of outstanding debt and payment of accrued interest, they would have the right to do so," ACN said in the SEC filing. "In such event, the Senior Lenders could seek to foreclose on their security interests in our assets and those of our subsidiaries. Alternatively, our lenders could take other actions, such as imposing a default interest rate that is 2% above the interest rate otherwise... (MediaWeek.com)
WesternOne Equity Income Fund Announces Cash Distribution for August 2008 Aug 20, 2008
20 per trust unit, in connection with the conversion of $15,000 in Series A Debentures (plus accrued interest), pursuant to the Series A Debentures conversion rights described in WesternOne Equity's Prospectus dated July 31, 2006 ... 20 per trust unit, in connection with the conversion of $20,000 in Series A Debentures (plus accrued interest), pursuant to the Series A Debentures conversion rights described in WesternOne Equity's Prospectus dated July 31, 2006. (PR Newswire)
Smart Move, Inc. Reports Second Quarter 2008 Revenue Increase Aug 15, 2008
Contact: Smart Move, Inc. Pete Bloomquist, 303-339-9558, Balance Sheet December 31, Condensed Balance Sheet June 30, 2008 2007 ASSETS (unaudited) Current assets: Cash and cash equivalents $156,433 $369,189 Accounts receivable trade, net of allowance of $32,000 and $45,000, respectively 282,028 80,112 Packing supplies 90,905 94,437 Contracts in process 952,258 517,485 Prepaids and other 132,866 146,259 Total current assets 1,614,490 1,207,482 Property and equipment, net 14,474,454 15,942,718... (PR Newswire)
African Copper Plc: Half Yearly Report Aug 15, 2008
African Copper Plc Consolidated Statement of Changes in Shareholders' Equity ---------------------------------------------------------------------------- Foreign Currency Acqui- Trans- Share Share sition lation Hedging Retained Total Capital Premium Reserve Reserve Reserve Loss Equity Pounds Pounds Pounds Pounds Pounds Pounds Pounds Sterling Sterling Sterling Sterling Sterling Sterling Sterling '000 '000 '000 '000 '000 '000 '000... (CCNMatthews Press Releases)
LBI Media, Inc. Reports Second Quarter 2008 Results Aug 15, 2008
6% LBI MEDIA, INC. SELECTED SEGMENT DATA (In thousands) Three Months Ended Six Months Ended June 30, June 30, Net revenues: Radio 19,765 17,075 16% 33,460 29,136 15% Television 14,243 15,440 -8% 26,955 28,524 -6% Total 34,008 32,515 5% 60,415 57,660 5% Total operating expenses before deferred compensation benefit and depreciation and amortization: Radio 8,360 7,154 17% 16,073 13,706 17% Television 9,595 9,627 0% 19,130 18,740 2% Total 17,955 16,781 7% 35,203 32,446 8% Deferred compensation... (Yahoo! Wire -- Entertainment News)
Florida mortgages sting Bank of America Aug 15, 2008
These loans allow borrowers to pay less than the monthly accrued interest on their loans until they reset after five or 10 years or they reach 115 percent of the original mortgage amount, according to Countrywide. The reset can cause monthly payments to more than double. (Orlando Business Journal)
Allen-Vanguard Corporation reports financial results for the third quarter ended June 30, 2008 and announces expressions of interest in strategic investment Aug 14, 2008
The Company entered into a payout arrangement with the lender of its senior debt facility dated September 17, 2007, and on May 6, 2008, the Company made cash payments in the amount of $175,363 (US$174,109) to repay the principal amount outstanding, $3,960 (US$3,932) in respect of accrued interest and $8,768 (US$8,705) in respect of pre-payment fees. The prepayment fee was expensed in Q3 2008. (Canada Newswire)
First Federal Bankshares, Inc. Reports Financial Results for Fiscal Fourth Quarter and Fiscal Year 2008 Aug 13, 2008
FIRST FEDERAL BANKSHARES, INC. and SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) June 30 June 30 (Dollars in thousands, except per 2008 2007 share amounts) ASSETS Cash and cash equivalents $12,491 $25,738 Securities available-for-sale, at fair value 84,229 122,309 Securities held-to-maturity, at cost 7,000 9,549 Mortgage loans held for sale 1,102 2,131 Loans receivable, net 407,819 427,954 Office property and equipment, net 18,762 16,205 Federal Home Loan Bank stock, at cost... (PR Newswire)
GeoEye Releases Second Quarter 2008 Earnings and Explanation of Financial Restatements Aug 13, 2008
GEOEYE, INC. Condensed Consolidated Balance Sheets (Unaudited; in thousands, except share data) June 30, December 31, 2008 2007 ASSETS (As restated) Current assets: Cash and cash equivalents $221,498 $234,324 Receivables net of allowances of $342 and $738, respectively 27,845 44,517 Other current assets 11,320 6,419 Total current assets 260,663 285,260 Property, plant and equipment, at cost, less accumulated depreciation of $14,654 and $11,817, respectively 97,396 88,418 Satellites and related... (PR Newswire)
Constellation Copper reports second quarter 2008 financial results Aug 13, 2008
The restructuring contemplates a share placement of $10 million and exchange of convertible debentures and related accrued interest at less than the current carrying values. The restructuring would be subject to, among other things, approval by the board of directors and shareholders of the Company, all necessary regulatory approvals and satisfactory due diligence. (Canada Newswire)
Find Atlanta foreclosures Aug 13, 2008
The opening bid is placed on behalf of the lender and the amount generally includes the remaining principal balance of the loan, back payments, accrued interest and attorney fees. Successful bidders at the auction are required to tender the full amount of their bid in cash or certified funds immediately upon the conclusion of the sale. (Atlanta Journal-Constitution -- Metro)
Home Inns Reports Second Quarter Un-audited Financial Results Aug 12, 2008
3 million) including principal and accrued interest. These are zero coupon bonds with a maturity on or around December 10, 2012, with a yield of 0. (PR Newswire)
Rothmans reports results for first quarter of fiscal 2009 Aug 12, 2008
7 million for the make-whole premium and accrued interest payments required under the terms of the trust indentures ... The proceeds from this facility will be used to fund the principal repayment, the make-whole premium and accrued interest on the bonds and for RBH's working capital purposes. (Canada Newswire)
First Federal of Northern Michigan Bancorp, Inc. Announces Second Quarter 2008 Earnings Aug 9, 2008
First Federal of Northern Michigan Bancorp, Inc. and Subsidiaries Consolidated Balance Sheet June 30, December 31, 2008 2007 (Unaudited) ASSETS Cash and cash equivalents: Cash on hand and due from banks $4,480,257 $3,567,858 Overnight deposits with FHLB 2,178,114 1,772,999 Total cash and cash equivalents 6,658,371 5,340,857 Securities AFS 22,936,299 20,680,913 Securities HTM 4,076,769 2,770,000 Loans receivable, net of allowance for loan losses of $2,863,864 and $4,013,454 as of June 30, 2008... (PR Newswire)
United Security Bancshares, Inc. Reports Growth in Second Quarter Income Aug 9, 2008
67 UNITED SECURITY BANCSHARES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Dollars in Thousands) June 30, December 31, 2008 2007 (Unaudited) ASSETS Cash and Due from Banks $14,150 $13,247 Interest Bearing Deposits in Banks 13,065 7,427 Investment Securities Available-for-Sale 172,427 144,531 Federal Home Loan Bank Stock 5,236 5,096 Loans, net of allowance for loan losses of $7,846 and $8,535, respectively 398,704 427,588 Premises and Equipment, net 17,990... (PR Newswire)
Mariner Energy Reports Record Quarterly Financial and Operational Results Aug 8, 2008
MARINER ENERGY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except share data) (Unaudited) June 30, December 31, 2008 2007 Current Assets Cash and cash equivalents $ 41,269 $ 18,589 Receivables, net of allowances 289,214 157,774 Insurance receivables 10,800 26,683 Derivative financial instruments - 11,863 Intangible assets 5,422 17,209 Prepaid expenses and other 14,906 10,630 Deferred tax asset 119,669 6,232 Total current assets 481,280 248,980 Property and... (PR Newswire)
JER Investors Trust Inc. (NYSE: JRT) Announces Second Quarter 2008 Results Aug 7, 2008
CONTACTS: J. Michael McGillis Chief Financial Officer JER Investors Trust Inc. (703) 714-8182 JER INVESTORS TRUST INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In thousands, except share data) June 30, 2008 Dec. 31, 2007 (unaudited) (audited) ASSETS Cash and cash equivalents $43,364 $87,556 Restricted cash 1,153 6,687 CMBS financed by CDOs, at fair value 390,491 562,056 CMBS not financed by CDOs, at fair value 100,176 155,384 Real estate loans, held for investment, at fair value at June 30,... (PR Newswire)
ITC Holdings Corp. Reports Second Quarter 2008 Results Aug 7, 2008
550 ITC HOLDINGS CORP. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (UNAUDITED) (in thousands, except share data) June 30, December 31, 2008 2007 ASSETS Current assets Cash and cash equivalents $13,400 $2,616 Accounts receivable 55,854 40,919 Inventory 22,786 26,315 Deferred income taxes 12,910 2,689 Other 5,876 3,518 Total current assets 110,826 76,057 Property, plant and equipment (net of accumulated depreciation and amortization of $898,729 and $879,843,... (PR Newswire)
Key Energy Announces June 2008 Quarterly Results Aug 7, 2008
75 WEIGHTED AVERAGE SHARES OUTSTANDING: Basic 124,448 131,627 126,207 131,628 Diluted 126,521 134,140 127,914 134,028 June 30, December 31, 2008 2007 (In thousands) (Unaudited) Selected Balance Sheet Data: Current assets: Cash and cash equivalents $45,459 $58,503 Short-term investments 8 276 Accounts receivable, net of allowance for doubtful accounts 395,079 343,408 Other current assets 74,093 85,678 TOTAL CURRENT ASSETS $514,639 $487,865 Current liabilities: Accounts payable $19,952 $35,159... (PR Newswire)
Paragon CEO to Leave Company Within Year; Interim CFO Announced Aug 7, 2008
Last week, the Company announced that it had entered into an agreement with Canterbury Park Capital LP and Canterbury Park Capital (US) LP (collectively "Canterbury") for Canterbury to convert its $20 million of Paragon notes, accrued interest, accrued interest adjustment and conversion inducement fee into Paragon shares. The conversion will result in a controlling interest for Canterbury. (CCNMatthews Press Releases)
Investors Title Company Announces Second Quarter 2008 Results Aug 7, 2008
38 =========== =========== =========== =========== Weighted Average Shares Outstanding - Diluted 2,409,206 2,518,206 2,434,204 2,526,844 =========== =========== =========== =========== Investors Title Company and Subsidiaries Consolidated Balance Sheets As of June 30, 2008 and December 31, 2007 (Unaudited) June 30, December 31, 2008 2007 ------------ ------------ Assets Investments in securities: Fixed maturities: Held-to-maturity, at amortized cost $ 556,648 $ 1,052,535 Available-for-sale, at... (Primezone Releases)
WHX Corporation Reports Financial Results for Second Quarter 2008 Aug 6, 2008
45) WHX CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) June 30, December 31, 2008 2007 (Dollars and shares in thousands) ASSETS Current Assets: Cash and cash equivalents $6,988 $6,090 Trade and other receivables - net 119,792 89,546 Inventories 77,965 83,709 Deferred income taxes 3,420 3,339 Other current assets 10,550 12,023 Total current assets 218,715 194,707 Property, plant and equipment at cost, less accumulated depreciation and amortization 115,858 124,336 Goodwill 64,567... (PR Newswire)
Ventas Reports 20 Percent Increase in Second Quarter Normalized FFO to $98.7 Million Aug 6, 2008
Contacts: Debra A. Cafaro Chairman, President and CEO or Richard A. Schweinhart Executive Vice President and CFO (877) 4VENTAS CONSOLIDATED BALANCE SHEETSAs of June 30, 2008, March 31, 2008, December 31, 2007, September 30, 2007 and June 30, 2007 (In thousands, except per share amounts) June March December September June 30, 31, 31, 30, 30, 2008 2008 2007 2007 2007 Assets Real estate investments: Land $569,711 $567,523 $572,092 $564,462 $551,463 Buildings and improvements 5,700,555 5,668,239... (PR Newswire)
Progressive Gaming Announces NASDAQ Waiver of Stockholder Approval Requirement Related to Financing Transactions Aug 6, 2008
875% senior secured notes and accrued interest and transaction costs. The purpose of this press release is to describe a waiver from the shareholder approval requirements of The NASDAQ Stock Market, LLC that is being relied upon by the Company in connection with these transactions. (Yahoo! Wire -- Entertainment News)
