PVF Capital Corp. (Nasdaq: PVFC), the parent company of Park View Federal Savings Bank, announced earnings of $301,000, or $0.04 basic earnings per share and $0.04 diluted earnings per share, for the quarter ended March 31, 2008 as compared to earnings of $1,177,000, or $0.15 basic earnings per share and $0.15 diluted earnings per share, for the prior year comparable period.
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Sonoma Valley Bank President and Chief Administrative Officer Sean Cutting reported holding company earnings of $1,027,289 for the quarter ended March 31, 2008, compared to $1,015,898 a year ago, a gain of 1.1%. Earnings per share increased to $.46 versus $.45, a gain of 2.2% over 2007. The annualized Return on Assets was 1.39% and the annualized Return on Average Equity was 14.25%.
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SEI Investments Company (Nasdaq: SEIC) today announced financial results for first-quarter 2008, reporting increases in revenues, and decreases in net income and earnings per share compared to first-quarter 2007. Net income during the first-quarter was negatively affected by a $25.8 million non-cash pre-tax charge (approximately $.08 per share post-tax). This charge is in addition to a fourth-quarter 2007 pre-tax charge of $25.1 million.
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Home Federal Bancorp (Nasdaq: HOMF), the holding company of Indiana Bank and Trust Company of Columbus, Indiana, today announced quarterly earnings of $1,419,000 or $0.42 diluted earnings per common share compared to $1,089,000 or $0.30 diluted earnings per common share a year earlier.
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First Busey Corporation (Nasdaq: BUSE) consolidated net income for the quarter ended March 31, 2008 was $10.0 million compared to $7.7 million for the same period in 2007. Consolidated net income per fully-diluted share for the quarter ended March 31, 2008 totaled $0.28 compared to $0.36 per fully-diluted share for the same period in 2007.
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Sturgis Bancorp, Inc. (OTC Bulletin Board: STBI) posted a 27.8% earnings decrease for the first quarter of 2008, compared to 2007, primarily due to lower interest margin, Eric L. Eishen, President and CEO, announced today.
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Paul M. Limbert, President and Chief Executive Officer of WesBanco, Inc. (Nasdaq: WSBC), a Wheeling, West Virginia based multi-state bank holding company, today announced earnings for the for the first quarter ended March 31, 2008.
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Alliance Financial Corporation (Nasdaq: ALNC), the holding company for Alliance Bank, N.A., announced today that its net income for the first quarter of 2008 was $2.1 million, a decrease of 11.8% compared with $2.4 million in the year-ago quarter. Diluted earnings per share decreased 8.2% to $0.45 in the first quarter, compared with $0.49 in the first quarter of 2007.
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Farmers Capital Bank Corporation (Nasdaq: FFKT) reported net income per share of $.59 for the three months ended March 31, 2008, an increase of $.01 or 1.7% compared to $.58 for the same three-month period a year earlier.
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Flagstar Bancorp, Inc. (NYSE: FBC), today reported a 2008 first quarter net loss of $10.6 million, or $(0.17) per share (diluted). On a linked-quarter basis, fourth quarter 2007 net loss was $30.1 million, or $(0.50) per share (diluted). On a prior year basis, first quarter 2007 net earnings were $7.8 million, or $0.12 per share (diluted).
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IBERIABANK Corporation (Nasdaq: IBKC), the holding company of the 121-year-old IBERIABANK and Pulaski Bank and Trust Company, announced earnings of $13.4 million for the quarter ended March 31, 2008, up 46% compared to the same period in 2007 and up 33% compared to the fourth quarter of 2007.
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Northgate Minerals Corporation (TSX: NGX, AMEX: NXG) today reported its first quarter 2008 operating results and updated 2008 production forecast, as well as its exploration plans for its Australian operations.
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