SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dividend investing for retirement

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Steve Felix7/2/2007 8:50:17 PM
   of 34328
 
United Bancorp, Inc. Reports Subsidiaries Merged
Monday July 2, 9:00 am ET

"The Company expects earnings improvement to occur over the next twelve to eighteen months as a result of enhanced operating and cost efficiencies to be realized from the consolidation."

biz.yahoo.com

Better to keep an eye on management and not have such problems:

"At mid year 2006, our focus was on preserving the charter of The Community Bank with its own management group. This focus was significantly changed in the third quarter when we experienced a $1.25 million loan loss that was originated by Community and partially participated at Citizens. A loss of this magnitude literally changed our course of action in the fourth quarter which led to the decision to merge The Community Bank charter into and under the proven management structure of The Citizens Savings Bank."

They seem to have turned the corner:

"Taking our 10% share dividend into consideration, we posted earnings at $0.06 in June; $0.09 in September and $0.15 in December's quarter. Posting $0.16 this first quarter of 2007, we continue to make solid progress in moving towards acceptable earnings, yet we recognize we must do better."

biz.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext