State Investors Bancorp

State Investors Bancorp, Inc. Reports First Quarter Results

METAIRIE, La., May 3, 2013 (GLOBE NEWSWIRE) -- State Investors Bancorp, Inc. (the "Company") (Nasdaq:SIBC), the holding company of State-Investors Bank, reported net income for the quarter ended March 31, 2013, of $127,000, a decrease of $83,000, as compared to net income of $210,000 reported for the quarter ended March 31, 2012. Earnings per share, basic and diluted, were $0.05 for the quarter ended March 31, 2013, compared to basic and diluted earnings per share of $0.07 for the quarter ended March 31, 2012.

State Investors Bancorp

State Investors Bancorp, Inc. Reports Fourth Quarter Results

METAIRIE, La., Feb. 5, 2013 (GLOBE NEWSWIRE) -- State Investors Bancorp, Inc. (the "Company") (Nasdaq:SIBC), the holding company of State-Investors Bank, reported net income for the quarter ended December 31, 2012, of $97,000, a decrease of $271,000, as compared to net income of $368,000 reported for the quarter ended December 31, 2011. Earnings per share, basic and diluted, were $0.04 for the quarter ended December 31, 2012. Net income for the year ended December 31, 2012 amounted to $752,000, a decrease of $298,000 from $1.05 million in net income reported for the year ended December 31, 2011. Earnings per share, basic and diluted, were $0.26 for the year ended December 31, 2012. 

State Investors Bancorp

State Investors Bancorp, Inc. Announces Third Share Repurchase Program

METAIRIE, La., Nov. 27, 2012 (GLOBE NEWSWIRE) -- State Investors Bancorp, Inc. (the "Company") (Nasdaq:SIBC), the holding company of State-Investors Bank, today announced that its Board of Directors approved the Company's third share repurchase program which will commence promptly following the completion of the Company's second share repurchase program announced in early November 2012. The third repurchase program provides for the repurchase of approximately 10.0% of the Company's outstanding shares, or 262,000 shares of common stock. The shares may be purchased in the open market or in privately negotiated transactions from time to time depending upon market conditions and other factors. As of the date hereof, there are 26,691 shares remaining to be purchased under the Company's second share repurchase program which covered a total of 140,000 shares.

State Investors Bancorp

State Investors Bancorp, Inc. Announces Second Share Repurchase Program

METAIRIE, La., Nov. 7, 2012 (GLOBE NEWSWIRE) -- State Investors Bancorp, Inc. (the "Company") (Nasdaq:SIBC), the holding company of State-Investors Bank, today announced that its Board of Directors approved the Company's second share repurchase program following the completion of the Company's first share repurchase program announced in July 2012. The second repurchase program provides for the repurchase of approximately 5.0% of the Company's outstanding shares, or 140,000 shares of common stock. The shares may be purchased in the open market or in privately negotiated transactions from time to time depending upon market conditions and other factors. As of the date hereof, the Company has completed its first share repurchase program covering a total of 145,475 shares at a weighted average price per share of $13.44.

State Investors Bancorp

State Investors Bancorp, Inc. Reports Third Quarter Results

METAIRIE, La., Oct. 29, 2012 (GLOBE NEWSWIRE) -- State Investors Bancorp, Inc. (the "Company") (Nasdaq:SIBC), the holding company of State-Investors Bank, reported net income for the quarter ended September 30, 2012, of $208,000, an increase of $15,000, as compared to net income of $193,000 reported for the quarter ended September 30, 2011. Earnings per share, basic and diluted, were $0.07 for the quarter ended September 30, 2012. Net income for the nine months ended September 30, 2012 amounted to $655,000, a decrease of $27,000 from $682,000 in net income reported for the nine months ended September 30, 2011. Earnings per share, basic and diluted, were $0.23 for the nine months ended September 30, 2012.

State Investors Bancorp

State Investors Bancorp, Inc. Reports Second Quarter Results

METAIRIE, La., July 31, 2012 (GLOBE NEWSWIRE) -- State Investors Bancorp, Inc. (the "Company") (Nasdaq:SIBC), the holding company of State-Investors Bank, reported net income for the quarter ended June 30, 2012, of $236,000, a decrease of $34,000, as compared to net income of $270,000 reported for the quarter ended June 30, 2011. Earnings per share, basic and diluted, were $0.08 for the quarter ended June 30, 2012. Net income for the six months ended June 30, 2012 amounted to $446,000, a decrease of $43,000 from $489,000 in net income reported for the six months ended June 30, 2011. Earnings per share, basic and diluted, were $0.15 for the six months ended June 30, 2012.

State Investors Bancorp

State Investors Bancorp, Inc. Announces First Share Repurchase Program

METAIRIE, La., July 5, 2012 (GLOBE NEWSWIRE) -- State Investors Bancorp, Inc. (the "Company") (Nasdaq:SIBC), the holding company of State-Investors Bank, today announced that its Board of Directors approved the Company's first stock repurchase program following State-Investors Bank's mutual to stock conversion completed on July 6, 2011. The repurchase program provides for the repurchase of up to 5% of the Company's outstanding shares, or 145,475 shares of common stock. The shares may be purchased in the open market or in privately negotiated transactions from time to time depending upon market conditions and other factors. The repurchase program will commence no earlier than two business days after the release of earnings for the June 30, 2012 quarter and does not have an expiration date. Previously on January 24, 2012, the Company announced that in order to fund the 2012 Recognition and Retention Plan, the related trust may purchase up to 116,380 shares of the Company's common stock in the open market or from private sources. As of the date hereof, the Company has purchased 18,850 shares for the Recognition and Retention Plan Trust.

State Investors Bancorp

State Investors Bancorp, Inc. Reports First Quarter Results

METAIRIE, La., May 3, 2012 (GLOBE NEWSWIRE) -- State Investors Bancorp, Inc. (the "Company") (Nasdaq:SIBC), the holding company of State-Investors Bank, reported net income for the quarter ended March 31, 2012, of $210,000, a decrease of $9,000, as compared to net income of $219,000 reported for the quarter ended March 31, 2011. Earnings per share, basic and diluted, were $0.07 for the quarter ended March 31, 2012.

State Investors Bancorp

State Investors Bancorp, Inc. Reports Fourth Quarter Results

METAIRIE, La., Feb. 9, 2012 (GLOBE NEWSWIRE) -- State Investors Bancorp, Inc. (the "Company") (Nasdaq:SIBC), the holding company of State-Investors Bank, reported net income for the quarter ended December 31, 2011, of $368,000, an increase of $132,000, as compared to net income of $236,000 reported for the quarter ended December 31, 2010. Net income for the year ended December 31, 2011 amounted to $1.05 million, an increase of $74,000 from $976,000 in net income reported for the year ended December 31, 2010. Earnings per share, basic and diluted, were $0.13 for the quarter ended December 31, 2011.

State Investors Bancorp

State Investors Bancorp, Inc. Announces Results of Special Meeting of Shareholders

METAIRIE, La., Jan. 24, 2012 (GLOBE NEWSWIRE) -- State Investors Bancorp, Inc. (the "Company") (Nasdaq:SIBC), the holding company of State-Investors Bank (the "Bank"), today announced that it had received approval of the two proposals presented to shareholders at the Special Meeting held on Tuesday, January 24, 2012. At the Special Meeting, shareholders approved the adoption of the 2012 Stock Option Plan and adoption of the 2012 Recognition and Retention Plan.