County Bancorp, Inc. Announces Third Quarter of 2021 Earnings Highlights Net income was $4.1 million for the third quarter of 2021, or $0.65 per diluted shareA recovery of provision for loan losses of $0.6 million was recognized in the third quarter of 2021Cost of funds decreased by seven basis points sequentially to 0.99%, a decline of 53 basis points year-over-yearSubstandard loans decreased by $14.0 million during the third quarter of 2021, an improvement of 24.2 % MANITOWOC, Wis., Oct. 21, 2021 (GLOBE NEWSWIRE) -- County Bancorp, Inc. (the “Company”; Nasdaq: ICBK), the h...
County Bancorp, Inc. Declares Dividend MANITOWOC, Wis., Oct. 20, 2021 (GLOBE NEWSWIRE) -- County Bancorp, Inc. (NASDAQ: ICBK), the parent company for Investors Community Bank, announced today that on October 19, 2021, its Board of Directors declared a quarterly cash dividend of $0.10 per share. The dividend will be payable on November 19, 2021 to shareholders of record as of November 5, 2021. About County Bancorp, Inc. County Bancorp, Inc., a Wisconsin corporation and registered bank holding company founded in May 1996, and our wholly-owned subsidiary Investors Community Bank, a Wiscons...
County Bancorp, Inc. Declares Dividend MANITOWOC, Wis., Aug. 18, 2021 (GLOBE NEWSWIRE) -- County Bancorp, Inc. (NASDAQ: ICBK), the parent company for Investors Community Bank, announced today that on August 17, 2021, its Board of Directors declared a quarterly cash dividend of $0.10 per share. The dividend will be payable on September 17, 2021 to shareholders of record as of September 3, 2021. “The momentum we generated at the beginning of the year continued through the second quarter, and we are pleased to announce our third quarter dividend payment,” said Tim Schneider, President of Co...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
County Bancorp, Inc. Announces Second Quarter of 2021 Earnings Continued improvement in credit trends, decreased cost of funds and solid loan sales led to a strong second quarter in 2021 Highlights Net income of $6.7 million for the second quarter of 2021, or $1.07 per diluted shareA recovery of provision for loan losses of $4.3 million was recognized in the second quarter of 2021Cost of funds decreased by 17 basis points sequentially to 1.06%, a decline of 61 basis points year-over-yearLoans sold with servicing retained increased $11.3 million since March 31, 2021 and $91.1 million since...
Nicolet Bankshares, Inc. To Acquire County Bancorp, Inc. GREEN BAY, Wis. and MANITOWOC, Wis., June 22, 2021 (GLOBE NEWSWIRE) -- Nicolet Bankshares, Inc. (NASDAQ: NCBS) (“Nicolet”) and County Bancorp, Inc., (NASDAQ: ICBK) (“County”) today jointly announced the execution of a definitive merger agreement pursuant to which Nicolet will acquire County and its wholly-owned banking subsidiary, Investors Community Bank (“Investors”). Based on the financial results as of March 31, 2021, the combined company will have pro forma total assets of $7.5 billion, deposits of $6.3 billion, and loans of...
County Bancorp Announces Improvement in Credit Quality Improved milk prices and risk management strategies strengthened the Company’s credit portfolio, resulting in a meaningful reduction in allowances for loan and lease losses MANITOWOC, Wisc., June 21, 2021 (GLOBE NEWSWIRE) -- County Bancorp, Inc. (Nasdaq: ICBK; the “Company”), the parent company for Investors Community Bank, announced today that as of May 31, 2021, the Company's non-performing assets decreased $13.3 million or 29.7% compared to March 31, 2021. In addition, the Company’s adverse classified assets (a non-GAAP measure; ...
County Bancorp, Inc. Declares Dividend MANITOWOC, Wis., May 19, 2021 (GLOBE NEWSWIRE) -- County Bancorp, Inc. (NASDAQ: ICBK), the parent company for Investors Community Bank, announced today that on May 18, 2021, its Board of Directors declared a quarterly cash dividend of $0.10 per share. The dividend will be payable on June 18, 2021 to shareholders of record as of June 4, 2021. “We are pleased to announce our dividend payment for the second quarter. Our first quarter results were a solid start to the year, and we expect 2021 to be a strong fiscal year,” said Tim Schneider, President of...
County Bancorp, Inc. Announces First Quarter Earnings Consistent improvement in credit trends and solid loan sales led to strong first quarter in 2021 Highlights Net income of $3.9 million for the first quarter of 2021 or $0.62 per diluted shareCost of funds decreased by 19 basis points sequentially to 1.23%, a decline of 79 basis points year-over-yearLoans sold with servicing retained increased $29.3 million since December 31, 2020 and $94.3 million since March 31, 2020$32.6 million of second round of PPP loans were closed during the quarter of 2021 which generated $1.5 million in deferr...
County Bancorp, Inc. to Host Earnings Conference Call MANITOWOC, Wis., March 31, 2021 (GLOBE NEWSWIRE) -- County Bancorp, Inc. (NASDAQ: ICBK), the parent company for Investors Community Bank, announced today that it will release financial results for the first quarter of 2021 after the market closes on April 22, 2021. The company will host an earnings call at 8:30 AM CDT on April 23, 2021. Timothy J. Schneider, President, and Glen L. Stiteley, Chief Financial Officer, will present. Shareholders, analysts, and other interested parties are invited to join the call. The earnings call will ...
County Bancorp Extends Share Repurchase Program and Declares Dividend Company remains committed to long-term balanced approach to capital allocation MANITOWOC, Wisc., Feb. 17, 2021 (GLOBE NEWSWIRE) -- County Bancorp, Inc. (NASDAQ: ICBK), the parent company for Investors Community Bank, announced today that its Board of Directors extended the authorization for the repurchase program, and as a result, 609,000 additional shares are now available to be repurchased through February 2024. A total of 1,282,000 shares of common stock have now been authorized to be repurchased under the repurcha...
County Bancorp, Inc. Announces Fourth Quarter and Year-End 2020 Financial Results Strong execution and growing business momentum drive fourth quarter net income growth of 36% year-over-year Company enters 2021 from a position of strength and with a renewed focus on growth Highlights Net income of $4.5 million for the fourth quarter of 2020; $5.5 million for the year 2020Diluted earnings per share of $0.70 for the fourth quarter of 2020; $0.79 for the year 2020Loans sold with servicing retained increased $14.7 million since September 30, 2020 and $60.8 million since December 31, 2019Client...
County Bancorp, Inc. to Host Earnings Conference Call MANITOWOC, Wis., Jan. 11, 2021 (GLOBE NEWSWIRE) -- County Bancorp, Inc. (NASDAQ: ICBK), the parent company for Investors Community Bank, announced today that it will release financial results for the fourth quarter and year ended December 31, 2020 after the market closes on January 21, 2021. The company will host an earnings call at 8:30 AM CST on January 22, 2021. Timothy J. Schneider, President; Glen L. Stiteley, Chief Financial Officer; David C. Coggins, Chief Banking Officer; John R. Fillingim, Chief Credit Officer; and Matthew R...
A director at County Bancorp Inc sold 13,841 shares at 21.500USD and the significance rating of the trade was 57/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clea...
County Bancorp, Inc. Increases Fourth Quarter Dividend by 43% MANITOWOC, Wis., Nov. 18, 2020 (GLOBE NEWSWIRE) -- County Bancorp, Inc. (NASDAQ: ICBK), the parent company for Investors Community Bank, announced that on November 17, 2020 its Board of Directors declared a quarterly cash dividend of $0.10 per share. The dividend will be payable on December 18, 2020 to shareholders of record as of December 4, 2020. “We are pleased to announce our fourth dividend payment for 2020 and see it as a reflection of our strength and resiliency amidst a challenging macro-economic environment. Our quar...
Investors Community Bank Welcomes Matthew Fehrmann, VP – Technology Solutions MANITOWOC, Wis., Nov. 17, 2020 (GLOBE NEWSWIRE) -- Investors Community Bank (“ICB”), a subsidiary of County Bancorp, Inc. (NASDAQ:ICBK), recently welcomed Matthew Fehrmann, Vice President - Technology Solutions, to its team. In this role, Fehrmann is responsible for providing oversight and management of Information Technology (I.T.) operations and the technology support team, while continuously analyzing department needs, processes and technologies to identify vulnerabilities and boost productivity, efficie...
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