BNET Industries

VSB Bancorp Inc.

(VSBN) is in the Financial Services Industry

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

NAICS Code Commercial Banking: 522110

Recent Events

  • TSC Ratings' Updates: Alberto-Culver

    6/22/09 - Bond / Stock Rating - View Story

  • VSB Bancorp Authorizes 100,000 Share Buyback

    4/22/09 - Financial Announcement - View Story

News & Analysis

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vsb bancorp inc. - All News and Analysis

Additional Resources

  • VSB Bancorp, Inc. Announces Cash Dividend

    - 2009-06-11

    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

    - 2009-05-12

    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

    - 2009-04-21

    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

    - 2009-04-14

    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

    - 2009-03-11

    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

    - 2009-01-14

    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

    - 2008-12-17

    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

    - 2008-12-02

    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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     VSBN $12.50 0.00 (0.00% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 613
Shares Outstanding 1.83M
Market Cap 22.9M
Year High 13
Year Low 7.65
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

Financial Services Industry Companies

Company Employer Rating
Wells Fargo 3.3
IndustryTop Rated

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