Resolving a borrower bankruptcy settled past-due interest and pushed net interest margin to 4.01%, the lift behind record net income this quarter. The Presence Bank deal added scale, and $7.1 million of exposure to that borrower remains on the books.
Latest Activity
- 2CHCOCity Holding$1.00/sh$14.1M
- 3CSWCCapital Southwest$0.19/sh$12.3M
- 4CACCamden National$0.42/sh$7.1M
- 5NWFLNorwood Financial$0.32/sh$3.5M
Phillips Edison & Company leads today's dividend payers, sending about $14.8 million to shareholders at 11.5 cents a share on November 3. City Holding is close behind with roughly $14.1 million, and a full $1 per share landing October 30.
NWFL Coverage
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