Mayor, Family Now Live In Historic Gracie Mansion – Yahoo News

Please enter your Phone Number. Send Thanks! A link has been sent. http://news.yahoo.com/mayor-family-now-live-historic-gracie-mansion-141144440.html

Home Bancorp Announces 2014 Second Quarter Results – Yahoo Finance

June 30, % Net Interest Income Net interest income for the second quarter of 2014 totaled $13.1 million, an increase of $1.3 million, or 11%, compared to the first quarter of 2014, and an increase of $3.2 million, or 32%, compared to the second quarter of 2013. The full quarter impact of the addition of Britton & Koontz’s earning assets accounted for the majority of the increase. The Company’s net interest margin was 4.64% for the second quarter of 2014, eight basis points lower than the first quarter of 2014 and five basis points higher than the second quarter of 2013. The decrease in the net interest margin was primarily the result of the full quarter impact of Britton & Koontz’s interest-earning assets and interest-bearing liabilities. The Covered Loan portfolio yielded 17.24% during the second quarter of 2014, compared to 11.35% and 9.64% during the first quarter of 2014 and second quarter of 2013, respectively. The following table sets forth the Company’s average volume and rate of its interest-earning assets and interest-bearing liabilities for the periods indicated. Taxable equivalent (“TE”) yields on investment securities are calculated using a marginal tax rate of 35%. For the Three Months Ended June 30, 2014 Noninterest Income Noninterest income for the second quarter of 2014 totaled $2.3 million, an increase of $596,000, or 36%, compared to the first quarter of 2014 and a decrease of $24,000, or 1%, compared to the second quarter of 2013. The increase in noninterest income in the second quarter of 2014 compared to the first quarter of 2014 resulted from increased gains on the sale of mortgage loans (up $277,000), higher service fees and charges (up $181,000) and bank card fees (up $113,000) due to the full quarter impact of the Britton & Koontz acquisition and increased customer transactions. The decrease in noninterest income in the second quarter of 2014 compared to the second quarter of 2013 resulted primarily from the absence in gains on the sale of securities (down $428,000), which was partially offset by increases in service fees and charges (up $317,000) and bank card fees (up $115,000). http://finance.yahoo.com/news/home-bancorp-announces-2014-second-100000126.html

Advertisements
Standard

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s