The Online Investor
SPBC Buyback image

SP Bancorp, Inc. Buyback

OLI recorded this information on 8/7/2013

Company: SP Bancorp, Inc.
Buyback: SPBC buyback
Share Amount Authorized: 5%
Buyback Details: SP Bancorp, Inc. (Nasdaq:SPBC) (the "Company"), the holding company for SharePlus Federal Bank (the "Bank"), today announced financial results for the Company's second quarter ended June 30, 2013. The Company also announced that its Board of Directors has authorized a new stock repurchase program up to 5% of the Company's currently outstanding shares, or up to 81,937 shares.

SP Bancorp is a savings and loan holding company. Through its SharePlus Bank subsidiary, Co. is engaged in the acceptance of checking and savings deposits, and investing those deposits in mortgage loans secured by residential real estate, home equity loans and lines of credit, commercial real estate loans, consumer loans and commercial business loans. Co. also provides brokerage services for the purchase and sale of non-deposit investment and insurance products through a third-party brokerage arrangement. Co.'s market area includes the communities in the Dallas-Fort Worth-Arlington metropolitan area. As of Dec 31 2013, Co. had total assets of $304.0 million and deposits of $261.3 million.
Open the SPBC Page at The Online Investor »

Company Name: 
SP Bancorp Inc.
Stock buyback: 
SPBC buyback
Website: 
www.shareplus.com
Sector: 
Credit Services & Lending
 

Open the SPBC Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes


SPBC Buyback Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2021, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.