latest news releases from the newsroom
First Security Group, Inc.
First Security Group, Inc. Declares First Quarter Cash Dividend of $.05 per Share
CHATTANOOGA, Tenn., Jan. 26, 2007 (PRIME NEWSWIRE) -- First Security Group, Inc. (Nasdaq:FSGI), a community bank holding company serving middle and eastern Tennessee and northern Georgia, announced that its board of directors at its regular meeting declared a quarterly cash dividend of $0.05 per share on the Company's common stock. The dividend will be payable on March 16, 2007 to shareholders of record on March 1, 2007.
Appalachian Bancshares, Inc. Reports Record Earnings for 2006
ELLIJAY, Ga., Jan. 26, 2007 (PRIME NEWSWIRE) -- Appalachian Bancshares, Inc. (Nasdaq:APAB) today announced that net income for year ended December 31, 2006 was $6.0 million, a 17.2% increase when compared to net income of $5.1 million, for the previous year, 2005. Diluted earnings per share was $1.14 per share, on 5,279,000 weighted average shares, for 2006, compared to $1.21 per share, on 4,247,000 weighted average shares, for 2005, representing a year-to-year decrease in diluted earnings per share of 5.8%, against an increase in weighted average shares outstanding of 24.3%. The Company also reported that net income for the fourth quarter of 2006 was $1.6 million, or $0.31 per diluted share, a 9.0% increase when compared to $1.5 million, or $0.30 per diluted share, for the same period in 2005.