latest news releases from the newsroom
ACI Worldwide, Inc.
ACI Worldwide Partners With Bellevue University for Employee Education Program
NEW YORK, Oct. 24, 2008 (GLOBE NEWSWIRE) -- ACI Worldwide, Inc. (Nasdaq:ACIW), a leading international provider of software for electronic payment systems, today announced the launch of ACI University (ACIU), an online education program developed in partnership with Bellevue University that offers ACI employees the opportunity to gain product and technical education as well as global learning and higher education programs.
QCR Holdings, Inc.
QCR Holdings, Inc. Announces Increased Earnings for the Third Quarter of 2008
MOLINE, Ill., Oct. 24, 2008 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (Nasdaq:QCRH) today announced significantly improved earnings for the third quarter ended September 30, 2008 of $4.3 million, which resulted in diluted earnings per share for common shareholders of $0.83. These results represent an increase in earnings per share of $0.54 over the comparable quarter one year ago and over the second quarter of 2008. For the third quarter of 2007, the Company reported earnings of $1.6 million and diluted earnings per share of $0.29, while earnings and diluted earnings per share for the second quarter of 2008 were $1.8 million and $0.29, respectively.
Carolina Bank Holdings, Inc.
Carolina Bank Holdings, Inc. Reports Improved Asset Quality and Strong Growth
GREENSBORO, N.C., Oct. 24, 2008 (GLOBE NEWSWIRE) -- Carolina Bank Holdings, Inc. (Nasdaq:CLBH) announced non-performing assets of $3.4 million, or 0.57% of assets, at September 30, 2008, a significant drop from $4.6 million, or 0.99% of assets, at September 30, 2007. Non-performing assets were 0.37% of assets at June 30, 2008. Annualized net loan charge-offs to average loans held for investment was 0.07% for the first nine months of 2008 compared to 0.15% for all of 2007. Robert T. Braswell, President and CEO, commented, "We are pleased with our improvement in asset quality from a year ago. Our bankers continue to respond to a challenging economic environment with lower nonperforming assets and lower loan charge-offs than our peer banks."