latest news releases from the newsroom
Horizon Financial Corp.
Horizon Financial Reports Third Quarter of Fiscal 2009 Results
BELLINGHAM, Wash., Jan. 29, 2009 (GLOBE NEWSWIRE) -- Horizon Financial Corp. (Nasdaq:HRZB) the bank holding company for Horizon Bank ("Bank"), today reported that as a result of a $10.0 million provision for loan losses, it had a net loss of $5.1 million, or $0.43 per share, for the fiscal third quarter ended December 31, 2008, compared to a net loss of $4.6 million, or $0.39 per share in the immediate prior quarter ended September 30, 2008, and net income of $4.7 million, or $0.39 per diluted share, for the fiscal third quarter ended December 31, 2007. For the first nine months of fiscal 2009, following $25.0 million in provisions for loan losses, net loss totaled $7.7 million, or $0.65 per share, compared to earnings of $14.6 million, or $1.19 per diluted share for the first nine months of fiscal 2008.
Northfield Bancorp, Inc.
Northfield Bancorp, Inc. Announces Increased Earnings, Strong Asset Quality and Capital, and Record Loan Originations
AVENEL, N.J., Jan. 29, 2009 (GLOBE NEWSWIRE) -- Northfield Bancorp, Inc. (Nasdaq:NFBK), the holding company for Northfield Bank, reported net income of $3.4 million for the quarter ended December 31, 2008, and $15.8 million, for the year ended December 31, 2008, compared to $482,000 for the quarter ended December 31, 2007, and $10.5 million for the year ended December 31, 2007.