PSB

PSB Holdings, Inc. announces semi-annual cash dividend of $0.25 per share

Retrieved on: 
Wednesday, December 21, 2022
Growth, OTCQX, People's State Bank (Orangeville, Illinois), PSB, Holding company

The dividend is payable January 30, 2023 to shareholders of record as of January 6, 2023 and represents an increase of 8.70% over the $0.23 per share semi-annual cash dividend declared on December 21, 2021.

Key Points: 
  • The dividend is payable January 30, 2023 to shareholders of record as of January 6, 2023 and represents an increase of 8.70% over the $0.23 per share semi-annual cash dividend declared on December 21, 2021.
  • The current dividend continues a 58-year tradition of cash dividends to PSB shareholders including 29 consecutive years of increased cash dividends declared per share.
  • PSB President and CEO Scott M. Cattanach said, “The Board of Directors believe the continued payment of cash dividends are an important component of building shareholder value.
  • Additionally, we continue to invest in the long-term growth of our franchise while generating premium returns for our loyal shareholders.

Summit Financial Group, Inc. to Acquire PSB Holding Corp. and Its Bank Subsidiary, Provident State Bank, Inc.

Retrieved on: 
Monday, December 12, 2022
Sumathi Best Television Current Reporting Award, Annual report, Person, Security (finance), Reading, Sale, PSB, Prospectus, Environment, Telephone, Form

In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change.

Key Points: 
  • In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change.
  • Actual results may differ materially from the anticipated results discussed in these forward-looking statements because of possible uncertainties.
  • Information about the directors and executive officers of PSB may be obtained by reading the proxy statement/prospectus regarding the merger when it becomes available.
  • You can obtain free copies of these documents from Summit or PSB using the contact information above.

SUMMIT FINANCIAL GROUP, INC. TO ACQUIRE PSB HOLDING CORP. AND ITS BANK SUBSIDIARY, PROVIDENT STATE BANK, INC.

Retrieved on: 
Monday, December 12, 2022
Trust, Security (finance), III, 2010 G20 Toronto summit, Culture, PSB, Person, Sumathi Best Television Current Reporting Award, Environment, Sale, Annual report, Holland & Knight, Form, Prospectus, Reading, Telephone, Bank, D.C

MOOREFIELD, W.Va. AND PRESTON, Md., Dec. 12, 2022 /PRNewswire/ -- Summit Financial Group, Inc. ("Summit") (NASDAQ: SMMF) and PSB Holding Corp. ("PSB") announce the signing of a definitive merger agreement between Summit and PSB.

Key Points: 
  • MOOREFIELD, W.Va. AND PRESTON, Md., Dec. 12, 2022 /PRNewswire/ -- Summit Financial Group, Inc. ("Summit") (NASDAQ: SMMF) and PSB Holding Corp. ("PSB") announce the signing of a definitive merger agreement between Summit and PSB.
  • They are a larger institution with a breadth of products and services," said Melissa Quirk, President and Chief Executive Officer of Provident State Bank.
  • PSB Holding Corp., at September 30, 2022, had $594 million in assets and is the holding company for Provident State Bank, Inc., a full-service bank serving the eastern shore of Maryland since 1904.
  • For more information on PSB Holding Corp. and Provident State Bank, Inc., visit www.providentstatebank.com .

Biofertilizers Market to Grow at a CAGR of 12.2% (2021-2031): TMR Study

Retrieved on: 
Tuesday, December 6, 2022
PSB, Millet, Plant, Biofertilizer, Bacteria, Toxicity, US, Soil, Agriculture, Seed, Nutrient, Phosphorus, Growth, Rhizobium, Health, SMS, Farmer, Fertilizer

The market report estimates growth at a CAGR of 12.2% during the forecast period.

Key Points: 
  • The market report estimates growth at a CAGR of 12.2% during the forecast period.
  • Biofertilizers provide sufficient amount of nutrients to plants, which stimulates plant development and enhances crop quality as well as output.
  • Utilizing biofertilizers expands the surface area that can absorb nutrients outside of the depletion zone of the root.
  • Rise in usage of biofertilizers in cereals and grains is a major factor anticipated to drive the global Biofertilizers Market in the near future.

360° Painting Franchisee Roxanne Conrad Named Brand President, Aims To Grow Franchisees' Businesses Through Systemwide Development

Retrieved on: 
Friday, November 18, 2022
Marketing, Growth, Conrad, PSB, Attention, Drive, Sales, Interior design, Xerox

CHARLOTTESVILLE, Va., Nov. 18, 2022 /PRNewswire-PRWeb/ -- 360° Painting, the residential and commercial painting franchise with over 140 units, has welcomed one of its top franchisees to the leadership team. Roxanne Conrad, who operates a multi-million-dollar location in the greater-Chicago area with her husband, Brian, is bringing her franchise experience to the President's seat.

Key Points: 
  • Looking to the future, Conrad aims to grow each franchisee individually to better develop the franchise system-wide.
  • "As a franchisee, you don't really ever see yourself on the other side of things," Conrad said.
  • Before her time with 360 Painting, Conrad worked in marketing at a subsidiary of Xerox, developing her sales and marketing skills, where she met her husband.
  • After they opened their 360 Painting franchise, Conrad was still working in corporate America and handling strategy for the franchise after hours.

Amazon Helps Disrupt Three Major Counterfeit Networks, Protecting Customers Worldwide from Fake Goods

Retrieved on: 
Wednesday, November 9, 2022
Technology, Retail, Legal, Manufacturing, Law Enforcement, Emergency Services, Public Policy, Government, Online Retail, Luxury, Professional Services, Other Retail, Internet, Security, Textiles, Fashion, Thought, Walk Out, GE Appliances, Public security bureau, Amazon Studios, Kindle Direct Publishing, Seizure, Intelligence, Intel, PSB, Partnership, Cartier, Amazon Fire TV, Public, Climate Pledge Arena, Law enforcement, Sale, Amazon Echo, Multimedia, Fraud, AMZN, NASDAQ, General Motors, Alexa, PSB Insights, CCU, Climate, Sport, Hugo, BMW, Crime, WWE, Partner services, AWS, Puma, Amazon (company), Drug, Online shopping, Amazon, Fire, Kindle, EU, Porsche

The seizure prevented the fake products from reaching Amazon customers or being sold elsewhere in the supply chain.

Key Points: 
  • The seizure prevented the fake products from reaching Amazon customers or being sold elsewhere in the supply chain.
  • These seizures of counterfeit goods based on intelligence from Amazon follow similar actions by law enforcement in England and the U.S. that took place in California and New Jersey.
  • These outcomes protect Amazon customers, disrupt the counterfeit supply chain, and halt their illicit proceeds.
  • There is no place for fraud on Amazon, said Dharmesh Mehta, vice president of Amazons Worldwide Selling Partner Services.

MassMutual Consumer Spending & Saving Index: Inflation and Recession Fears Have Americans Looking for Change

Retrieved on: 
Thursday, November 3, 2022
Finance, Other Consumer, Consumer, Professional Services, Insurance, Face, MassMutual, Research, PSB, PSB Insights, Gen, General of the branch, Adult, Uncertainty, Sentimentality, Optimism, Silent Generation, Weather, Consumer spending, Travel, News, Retail, Risk management, Health insurance, Tourism, Video game, Millennials, Finance, Other Consumer, Consumer, Professional Services, Insurance

Americans are heading into this holiday season increasingly stressed and less optimistic about the economy, according to the latest Consumer Spending & Saving Index from Massachusetts Mutual Life Insurance Company ( MassMutual ).

Key Points: 
  • Americans are heading into this holiday season increasingly stressed and less optimistic about the economy, according to the latest Consumer Spending & Saving Index from Massachusetts Mutual Life Insurance Company ( MassMutual ).
  • The financial impacts of inflation and the increasing concern about a recession are continuing to put pressure on Americans financing, impacting their optimism and leading them to seek change.
  • Notable findings from the survey include:
    The stress of inflation is increasing, with more Americans changing their spending habits in the face of a worsening economy.
  • The MassMutual Consumer Spending & Saving Index tracks financial outlooks and behaviors in a changing economic environment.

PSB Holdings, Inc. Completes Private Placement Offerings of Preferred Stock and Subordinated Debt Totaling $12.0 Million

Retrieved on: 
Tuesday, November 1, 2022
SOFR, Growth, CEO, La règle de non-cumul, GLOBE, COVID-19, Government, People's State Bank (Orangeville, Illinois), Sale, Private Securities Litigation Reform Act, Company, Bank, History, PSB, Senior, Forward-looking statement, Insurance, Security (finance), People

PSB retains the option to redeem the preferred stock in whole or in part beginning November 1, 2027.

Key Points: 
  • PSB retains the option to redeem the preferred stock in whole or in part beginning November 1, 2027.
  • The subordinated debt will pay interest-only for the first 5 years and have an issuer option to redeem in whole or in part beginning November 1, 2027.
  • We are excited about our results and continued growth prospects in our markets, said Scott Cattanach, President and CEO of PSB.
  • This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

Portable Storage Box Company Press Releases "A Comprehensive Guide to Storing Batteries"

Retrieved on: 
Tuesday, October 18, 2022
Recycling, Safety, PSB, Temperature, Battery, Electric battery

BRADLEY, Ill., Oct.18, 2022 /PRNewswire-PRWeb/ -- Portable Storage Box Company has announced the release of its latest resource "A Comprehensive Guide to Storing Batteries." This resource provides insight into storing batteries by offering tips on properly storing, safely handling, and recycling them.

Key Points: 
  • BRADLEY, Ill., Oct.18, 2022 /PRNewswire-PRWeb/ -- Portable Storage Box Company has announced the release of its latest resource "A Comprehensive Guide to Storing Batteries."
  • "Leaving the battery inside your device will lead to quick draining and leakage, which is disastrous to your device," according to Portable Storage Box Company.
  • To learn more about storing batteries, please visit Portable Storage Box Company here .
  • About Portable Storage Box Company:
    Portable Storage Box Company has been in the self-storage business for over 20 years.

PSB Holdings, Inc to Participate in the Raymond James U.S. Bank Conference

Retrieved on: 
Thursday, September 1, 2022
VP, CEO, Insurance, Senior, PSB, CFO, GLOBE, Conference, People's State Bank (Orangeville, Illinois), Security (finance), Financial services, People

Managements discussion materials to be used at this conference will be posted to the investor section of the Companys website, www.psbholdingsinc.com, on or before September 7, 2022.

Key Points: 
  • Managements discussion materials to be used at this conference will be posted to the investor section of the Companys website, www.psbholdingsinc.com, on or before September 7, 2022.
  • PSB Holdings, Inc. is the parent company of Peoples State Bank.
  • Peoples also provides investment and insurance products, along with retirement planning services, through Peoples Wealth Management, a division of Peoples.
  • More information about PSB, its management, and its financial performance may be found at www.psbholdingsinc.com.