BNET Industries
Market Cap:$25.5M
Last Fiscal Year Sales:$13.4M
- Public
- US
Dow Jones Description
VSB Bancorp, Inc. (referred to using terms such as "we," "us," or the "Company") became the holding company for Victory State Bank (the "Bank"), a New York chartered commercial bank, upon the completion of a reorganization of the Bank into the holding company form of organization. The reorganization was effective in May 2003. All the outstanding stock of Victory State Bank was exchanged for stock of VSB Bancorp, Inc. on a three for two basis so that the stockholders of Victory State Bank became the owners of VSB Bancorp, Inc. and VSB Bancorp, Inc. owns all the stock of Victory State Bank. The common stock we issued in the transaction qualifies as exempt securities under Section 3(a)(12) of the Securities Act of 1933. Our primary business is owning all of the issued and outstanding stock of the Bank. The main office of the Company and the Bank is at 3155 Amboy Road, Staten Island, New York 10306, telephone (718) 979-1100. We maintain an Internet web site at www.victorystatebank.com.
Contact Information
4142 Hylan Boulevard
Staten Island, New York 10308
7189791100
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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TSC Ratings' Updates: Alberto-Culver
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VSB Bancorp Authorizes 100,000 Share Buyback
News & Analysis
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vsb bancorp inc. - All News and Analysis
VSB Bancorp, Inc. Announces Its Listing on the Nasdaq Global Market
VSB Bancorp, Inc. (NASDAQ: VSBN) ("Company") announced that its common stock will begin to be listed on the Nasdaq Global Market on Monday August 4, 2008 under the Company's current stock symbol "VSBN". Previously, the Company's common stock was listed on the Nasdaq Capital Market. The Company believes...
VSB Bancorp, Inc. Announces Its Listing on the Nasdaq Capital Market
VSB Bancorp, Inc. ("Company") (NASDAQ: VSBN) (OTCBB: VSBN) announced that its common stock will begin to be listed on the Nasdaq Capital Market today under the Company's current stock symbol "VSBN." Previously, the Company's common stock was quoted on the Over-the-Counter Bulletin Board system. The Company believes that listing...
Additional Resources
VSB Bancorp, Inc. Announces Cash Dividend
VSB Bancorp, Inc. (NASDAQ: VSBN), theholding company for Victory State Bank, announced today that its Board ofDirectors has declared a quarterly cash dividend of $0.06 per share payableon July 1, 2009 to stockholders of record on June 19, 2009. Joseph J.LiBassi, Chairman of the Board of Directors, stated, "Although the...
VSB Bancorp, Inc. and Victory State Bank Announce the Election of Robert P. Moore as a Director
Victory State Bank and VSB Bancorp, Inc.(NASDAQ: VSBN) announced that Robert P. Moore, a prominent executive boardmember of the Staten Island Economic Development Corporation ("SIEDC") andretired Vice President of Marketing & Sales at Keyspan now National Grid,has been elected to their Boards of Directors. Mr. Moore, 60, is the Executive...
VSB Bancorp, Inc. Announces Its Second Stock Repurchase Program
VSB Bancorp, Inc. (the "Company")(NASDAQ: VSBN), the holding company for Victory State Bank, announced todaythat its Board of Directors has authorized the Company's second Rule 10b5-1stock repurchase program for the repurchase of up to 100,000 shares of theCompany's common stock. The Company had previously announced a repurchaseprogram for 100,000 shares...
VSB Bancorp, Inc. First Quarter 2009 Results of Operations
VSB Bancorp, Inc. (NASDAQ: VSBN), theholding company for Victory State Bank, reported net income of $373,051 forthe first quarter of 2009, a 3.1% increase from the first quarter of 2008.The following unaudited figures were released today. Pre-tax income was$692,824 in the first quarter of 2009, as compared to $673,041...
VSB Bancorp, Inc. Announces Cash Dividend
VSB Bancorp, Inc. (NASDAQ: VSBN), theholding company for Victory State Bank, announced today that its Board ofDirectors has declared a quarterly cash dividend of $0.06 per share payableon April 1, 2009 to stockholders of record on March 20, 2009. Joseph J.LiBassi, Chairman of the Board of Directors, stated, "This is...
VSB Bancorp, Inc. Fourth Quarter 2008 and Full Year 2008 Results of Operations
VSB Bancorp, Inc. (NASDAQ: VSBN), theholding company for Victory State Bank, reported net income of $600,820 forthe fourth quarter of 2008, a 17.1% increase from the fourth quarter of2007. Net income for all of 2008 was $1,931,744 as compared to net incomeof $2,047,226 for 2007, a decline of 5.6%. The...
VSB Bancorp, Inc. Announces Cash Dividend
VSB Bancorp, Inc. (NASDAQ: VSBN)announced today that its Board of Directors has declared a quarterly cashdividend of $0.06 per share payable on January 2, 2009 to stockholders ofrecord on December 17, 2008. Joseph J. LiBassi, Chairman of the Board ofDirectors, stated, "We are continuing to pay a quarterly cash dividend...
VSB Bancorp, Inc. and Victory State Bank Announce the Appointment of Ronald A. Giampaolo as Vice President, Controller and Principal Accounting Officer
VSB Bancorp, Inc. (NASDAQ: VSBN) andVictory State Bank announced today that Ronald A. Giampaolo, has beenappointed as Vice President, Controller and Principal Accounting Officer. Mr. Giampaolo, 55, has more than 20 years experience in banking in variousfinancial capacities. Prior to joining the Registrant, he had beenAssistant Vice President and Senior...
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