Showing 1-10 of about 23 articles.
Minden Bancorp, Inc.
Minden Bancorp, Inc. Reports Results of Operations for the Quarter Ended June 30, 2012
MINDEN, La., July 30, 2012 (GLOBE NEWSWIRE) -- Minden Bancorp, Inc. (the "Company") (OTCBB:MDNB) today reported net income for the quarter ended June 30, 2012 of $755,000 or $0.31 per diluted share, as compared to net income of $669,000 or $0.27 per diluted share for the quarter ended June 30, 2011. The $86,000 or 12.9% increase reflects a $157,000 increase in net interest income offset partially by a $50,000 decrease in non-interest income and by an increase of $29,000 in the provision for income taxes.
Minden Bancorp, Inc.
Minden Bancorp, Inc. Announces Adoption of Stock Repurchase Program
MINDEN, La., May 16, 2012 (GLOBE NEWSWIRE) -- Minden Bancorp, Inc. (the "Company" or "Minden Bancorp") (OTCBB:MDNB) today announced that its Board of Directors approved the commencement of the Company's first stock repurchase program following MBL Bank's second step conversion offering completed in January 2011. The stock repurchase program provides for the repurchase of up to 70,000 shares, or approximately 3.0% of the Company's outstanding common stock, from time to time, in open market or privately negotiated transactions. The Company previously announced that in order to fund the 2011 Recognition and Retention Plan, the related trust may purchase up to 49,534 shares of the Company's common stock in the open market or in private negotiated transactions.
Showing 1-10 of about 23 articles.