latest news releases from the newsroom
Carolina Bank Holdings, Inc.
Carolina Bank Holdings, Inc. Announces Record First Quarter Diluted EPS of $0.22, Up 15.8 Percent
GREENSBORO, N.C., April 18, 2006 (PRIMEZONE) -- Carolina Bank Holdings, Inc. (Nasdaq:CLBH) today reported first quarter 2006 net income of $603,000, an increase of 13.3% over the $532,000 reported for the first quarter of 2005. Diluted earnings per share were $0.22 compared with $0.19 for the prior-year period, an increase of 15.8%. Per share results were restated to reflect the impact of the six-for-five stock split in the fourth quarter of 2005. Results reflect revenue growth generated by strong loan and deposit growth year-over-year.
Heritage Oaks Bancorp
Heritage Oaks Bancorp's Earnings Increase 13 Percent in First Quarter
PASO ROBLES, Calif., April 18, 2006 (PRIMEZONE) -- Heritage Oaks Bancorp (Nasdaq:HEOP), the parent company of Heritage Oaks Bank, today reported that an expanding net interest margin and increased loan and deposit volumes contributed to outstanding first quarter profits. For the first quarter of 2006, net income increased 13% to $1.6 million, or $0.24 per diluted share, compared to $1.4 million, or $0.22 per diluted share in the first quarter of 2005.
TDC A/S: Credit rating
COPENHAGEN, Denmark, April 18, 2006 (PRIMEZONE) -- On April 12, 2006 Fitch Ratings published their credit rating of TDC. Fitch assigned TDC A/S a rating of "BB-" with stable outlook and a short-term rating of "B". TDC's new Senior Secured Facility (cf. TDC's stock exchange release no. 17 of March 3, 2006) was assigned "BB+", and the unsecured long-term rating of the outstanding bonds under TDC's EMTN programme was assigned a "BB-" rating.
Northwest Bancorporation, Inc.
Northwest Bancorporation, Inc. Announces First Quarter Financial Information
SPOKANE, Wash., April 17, 2006 (PRIMEZONE) -- Christopher C. Jurey, Executive Vice President & Chief Financial Officer of Northwest Bancorporation, Inc. (OTCBB:NBCT), the parent company of Inland Northwest Bank (the "Bank"), today announced first-quarter 2006, year-to-date, net income for the Company of $609,336. Earnings increased $159,316 (35%) over results reported for the same quarter in 2005. Fully diluted earnings-per-share for the first-quarter in 2006 are $0.28, a $0.07 improvement over the $0.21 earned per share in the first-quarter of 2005. Annualized return on average assets for the first-quarter 2006 reports at 0.97%, with return on average equity reporting at 11.1%.
Park National Bank
Park National Corporation Elects Dixon to Board of Directors
NEWARK, Ohio, April 17, 2006 (PRIMEZONE) -- The Park National Corporation (Park) (AMEX:PRK) has elected Robert E. Dixon to its board of directors, increasing the number of directors from 13 to 14. Dixon was unanimously recommended by the board's nominating committee, based on his qualifications and experience as a Certified Public Accountant. He was also appointed to the board's audit committee.