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bankshares

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Provident Bankshares Improves Service, Reduces Fraud Exposure and Prepares for Check 21 with Advanced Imaging Solutions
The article refers to the Check 21 legislation. With 113 branch locations in and around Washington, D.C., Baltimore-based Provident Bank understands the importance of operational efficiency and superior customer service. Provident carefully considered whether to implement an in-house solution or outsource to a proven provider. Provident Bank chose to leverage...
Tags: Fidelity Investments, Outsource, Imaging, Provident Bank, Bankshares, Check 21, Outsourcing, Document Management, Financial Services, It Operations, Business Operations, Outsourcing & Subcontracting, Enterprise Software, Software, Finance, Managerial Accounting
Case studies 2004-08-02

Additional Resources

Union Bankshares Company Shareholders Overwhelmingly Approve Merger with Camden National Corporation
CAMDEN, Maine & ELLSWORTH, Maine -- Camden National Corporation (AMEX: CAC) and Union Bankshares Company (OTCBB: UNBH.OB) announced today that the shareholders of Union Bankshares voted to approve the previously announced merger between Camden and Union Bankshares at Union Bankshares' special meeting of shareholders on November 29, 2007. 74.75% of...
Tags: merger, shareholder
Research articles 2007-11-29
Provident Bankshares Corp. Q4 2007 Earnings Call Transcript
Earnings Call ExcerptProvident Bankshares Corp. PBKS Q4 2007 Earnings Call January 17, 2008 10:00am Executives Gary Geisel – Chairman Chief Exec. Officer Dennis Starliper – Chief Financial Officer Robert Newton – Executive VP of Commercial Banking H. Les Patrick – Exec. VP Real Estate...
Tags: Provident Bankshares Corp.
Earnings calls 2008-01-17
First Bankshares, Inc. Declines to Participate in Treasury's TARP Capital Purchase Program
SUFFOLK, Va., June 2 /PRNewswire-FirstCall/ -- First Bankshares, Inc. (Nasdaq: SUFB; "First Bankshares"), parent company of SuffolkFirst Bank, today announced its decision to decline to participate in the U.S. Treasury Department's TARP Capital Purchase Program (the "CPP"). First Bankshares received preliminary approval on December 4, 2008 for...
Tags: First Bankshares Inc.
Research articles 2009-06-02
Camden National Corporation to Buy Union Bankshares Co. for 2.03 Times Revenue
The Deal: Camden National Corporation has entered into a definitive agreement to acquire Union Bankshares Company for approximately $72.5 million. Under the terms of the deal, shareholders of Union Bankshares may elect to receive either $68.00 in cash or 1.9106 shares of Camden stock in exchange for each share of...
Research articles 2007-08-20
Fulton Financial Corp. to acquire Resource Bankshares Corp. for 3.0 times revenue
The Deal: Fulton Financial Corporation has agreed to acquire Resource Bankshares Corporation in a stock transaction. Fulton will issue 2.2 shares of its stock in exchange for each share of Resource Bankshares. Based on recent closing prices, the deal values Resource Bankshares at $45.03 per share. The deal remains subject...
Tags: Resource Bankshares Corp.
Research articles 2003-09-01
National Bankshares, Inc. Announces First Quarter Earnings
National Bankshares, Inc. (NASDAQ: NKSH) today announced first quarter net income of $2.99 million, or basic net income of $0.85 per share. This is a 1.11% increase over the $2.96 million, or $0.84 per share, that was earned in the first quarter of 2004. At March 31, National Bankshares,...
Research articles 2005-04-15
Camden National Corporation and Union Bankshares Company Announce Election Deadline in Connection with Proposed Acquisition
CAMDEN, Maine -- Camden National Corporation (AMEX: CAC) and Union Bankshares Company (OTCBB: UNBH.OB) announced today that December 20, 2007 has been set as the deadline for merger consideration elections in connection with Camden National's proposed acquisition of Union Bankshares. Materials regarding merger consideration elections were mailed today to Union...
Tags: acquisition
Research articles 2007-11-19
Camden National Corporation Completes Acquisition of Union Bankshares Company
CAMDEN, Maine -- Camden National Corporation (NASDAQ: CAC, "Camden") announced today that it has completed its acquisition of Union Bankshares Company ("Union Bankshares"). In connection with the acquisition, Camden issued an aggregate of approximately 1,222,897 shares of Camden common stock and paid approximately $29.0 million in cash for all outstanding...
Tags: acquisition
Research articles 2008-01-03
Albemarle First Bank and Premier Community Bankshares, Inc. Announce Extension of Cash/Stock Election Deadline in Connection with Pending Merger
CHARLOTTESVILLE, Va. & WINCHESTER, Va. -- Albemarle First Bank (NASDAQ: AFBK) and Premier Community Bankshares, Inc. (NASDAQ: PREM) announced today that the deadline for Albemarle First Bank shareholders to make an election to receive cash or shares of Premier Community Bankshares (or a combination of cash and shares of Premier...
Tags: bank, merger
Research articles 2006-05-22
National Bankshares, Inc. Announces CFO Resignation
National Bankshares, Inc. (NASDAQ: NKSH) announced that its Treasurer Chief Financial Officer, J. Robert Buchanan, is leaving the Company today to join First Sentinel Bank of Richlands, Virginia. In making the announcement, National Bankshares Chairman, President & CEO James G. Rakes said, "Bob has done a fine job in...
Tags: CFO, chairman, FINANCE, Insurance, INTERNET, Investment, Nasdaq Stock Market Inc., National Bankshares Inc., Virginia
Research articles 2008-05-23
Bar Harbor Bankshares Files Certification Statements With the Securities and Exchange Commission
Business Editors BAR HARBOR, Maine--BUSINESS WIRE--Aug. 14, 2002 Bar Harbor Bankshares today filed with the Securities and Exchange Commission SEC its quarterly report on Form 10-Q for the quarter ended June 30, 2002. In accordance with the Sarbanes-Oxley Act of 2002, the filing includes certifications by Joseph M....
Tags: Banking, Bar Harbor Bankshares, FINANCE, Government, Maine, Regulations, Sarbanes-Oxley, SEC
Research articles 2002-08-14
Fifth Third finishes acquiring Ashland Bankshares
Fifth Third Bancorp has announced the completion of its acquisition of Ashland Bankshares, Inc., the parent company of Bank of Ashland. Ashland Bankshares, headquartered in Ashland, Kentucky, has $171 million in assets and five locations. The transaction is a tax-free exchange of 9.754 shares of Fifth Third Bancorp common stock...
Tags: Fifth Third Bancorp, Fifth Third Bank
Research articles 1999-05-01
Shareholders alert for Commercial Bankshares Inc.
M2 PRESSWIRE-23 January 2007-Small Cap News: Shareholders alert for Commercial Bankshares IncC1994-2007 M2 COMMUNICATIONS LTD RDATE:23012007 Shareholders alert for Commercial Bankshares Inc (NASDAQ:CLBK) Commercial Bankshares, Inc. operates as the holding company for Commercial Bank of Florida, which provides commercial...
Tags: Commercial Bankshares Inc.
Research articles 2007-01-23
Shareholders alert for Premier Community Bankshares Inc.
M2 PRESSWIRE-29 January 2007-Small Cap News: Shareholders alert for Premier Community Bankshares IncC1994-2007 M2 COMMUNICATIONS LTD RDATE:29012007 Shareholders alert for Premier Community Bankshares Inc (NASDAQ:PREM) This Premier doesn't draw the typical Hollywood crowd. Premier Community Bankshares is the...
Tags: Premier Community Bankshares Inc.
Research articles 2007-01-29
Wachovia to Acquire Virginia's Jefferson Bankshares.(Originated from The Atlanta Journal and Constitution)
ATLANTA--Jun. 11--Wachovia has moved off the bench and into the merger game, agreeing to acquire Jefferson Bankshares of Charlottesville, Va. ATLANTA--Jun. 11--Wachovia has moved off the bench and into the merger game, agreeing to acquire Jefferson Bankshares of Charlottesville, Va....
Tags: Wachovia Corp.
Research articles 1997-06-11
Clark went. (Bank of Credit and Commerce International S.A. secretly owned First American Bankshares Inc.; its chairman Clark M. Clifford resigned)
CLARK CLIFFORD and Robert Altman, until August 13th chairman of First American Bankshares and president of First American Corporation respectively, are nothing if not stubborn. Three weeks ago the Federal Reserve confirmed what everyone already knew: CLARK CLIFFORD and Robert Altman, until August 13th chairman of...
Tags: bank, Clark, Federal Reserve Board
Research articles 1991-08-17
National Bankshares, Inc. Announces Higher Earnings in 2006
National Bankshares, Inc. (NASDAQ: NKSH) today reported that it earned net income of more than $12.63 million in 2006. This was an increase of 1.67% over the $12.42 million in record earnings posted by the company in 2005. Basic net income per share increased from $1.77 in 2005 to...
Tags: asset, company
Research articles 2007-02-02
The Week: July 24 - 30.(National City Corp. to buy Fidelity Bankshares Inc. of West Palm Beach.)(Nacco Industries Inc. will merge its Hamilton Beach/Proctor-Silex business with rival Applica Inc.)(Investments in Ohio's health care startups fall sharply.)
Fun in the sun: National City Corp. continues to grow in Florida, as the Cleveland-based banking company reached an agreement to buy Fidelity Bankshares Inc. of West Palm Beach in a transaction valued at $1 billion. Fidelity has $4.2 billion in asset Fun in the sun:...
Tags: health care, National City Corp.
Research articles 2006-07-31
National Bankshares, Inc. Reports Third Quarter Earnings
National Bankshares, Inc. (NASDAQ: NKSH) today reported that it posted third quarter net income of nearly $3.2 million. This translates to basic net income per share of $0.46. Year-to-date net income totaled $9.45 million, slightly higher than the $9.43 million reported at September 30, 2006. National Bankshares, Inc.,...
Research articles 2007-10-18
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