Aussie (financial group)

Tri-County Financial Group, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 9, 2023
Sale, First, OTCQX, Aussie (financial group), FHLB, State, Federal Home Loan Banks, First State Bank, Rare-earth element, Video game, Bank

MENDOTA, Ill., Nov. 9, 2023 /PRNewswire/ -- Tri-County Financial Group, Inc. (The Company) (OTCQX: TYFG) today announced financial results for the third quarter of 2023.

Key Points: 
  • MENDOTA, Ill., Nov. 9, 2023 /PRNewswire/ -- Tri-County Financial Group, Inc. (The Company) (OTCQX: TYFG) today announced financial results for the third quarter of 2023.
  • The net interest margin was 3.04% for the third quarter of 2023, compared to 3.34% for the third quarter of 2022.
  • Non-interest income was $4.6 million for the third quarter of 2023, an increase of $1.7 million, or 57%, compared to $2.9 million during the quarter ended September 30, 2022.
  • Non-interest expense was $11.5 million during the quarter ended September 30, 2023, compared to $10.8 million for the third quarter of 2022, an increase of $0.7 million, or 6%.

Tri-County Financial Group, Inc. Reports Second Quarter 2023 Financial Results

Retrieved on: 
Monday, July 31, 2023
Aurora, Aussie (financial group), First State Bank, First, OTCQX, Rare-earth element, Cryptocurrency, Video game, Bank

MENDOTA, Ill., July 31, 2023 /PRNewswire/ -- Tri-County Financial Group, Inc. (The Company) (OTCQX: TYFG) today announced financial results for the second quarter of 2023.

Key Points: 
  • MENDOTA, Ill., July 31, 2023 /PRNewswire/ -- Tri-County Financial Group, Inc. (The Company) (OTCQX: TYFG) today announced financial results for the second quarter of 2023.
  • Net income for the second quarter of 2023 was $2.7 million ($1.09 per share), compared to $2.5 million ($0.99 per share) during the second quarter of 2022.
  • Noninterest income was $4.0 million for the second quarter of 2023, an increase of $1.0 million, or 35%, compared to $2.9 million during the quarter ended June 30, 2022.
  • Noninterest expense was $11.4 million during the quarter ended June 30, 2023, compared to $10.3 million for the second quarter of 2022, an increase of $1.1 million, or 10%.

Bankwell Financial Group Reports Operating Results for the Second Quarter and Declares Third Quarter Dividend

Retrieved on: 
Wednesday, July 26, 2023
Banking, Professional Services, Finance, Insurance, Bankwell, Availability, Total, FHLB, NII, Federal, HTM, Policy, AFS, FDIC, GAAP, Aussie (financial group), Sale, Federal Reserve, Disposable household and per capita income, FRB, CECL, Capital, Bank, W Holding Company, Press release, Second, Cryptocurrency, Management, Life insurance, Gasoline

The Company's Board of Directors declared a $0.20 per share cash dividend, payable August 24, 2023 to shareholders of record on August 14, 2023.

Key Points: 
  • The Company's Board of Directors declared a $0.20 per share cash dividend, payable August 24, 2023 to shareholders of record on August 14, 2023.
  • Deposits of $2.8 billion for the quarter ended June 30, 2023, decreasing $12.0 million, or 0.4% from December 31, 2022.
  • Revenues (net interest income plus noninterest income) for the quarter ended June 30, 2023 were $25.4 million, versus $25.0 million and for the quarter ended June 30, 2022.
  • Net income for the quarter ended June 30, 2023 was $8.0 million, versus $12.0 million for the quarter ended June 30, 2022.

Tri-County Financial Group, Inc. Reports First Quarter 2023 Financial Results

Retrieved on: 
Thursday, May 4, 2023
Aurora, Current Expected Credit Losses, Aussie (financial group), First State Bank, First, CECL, OTCQX, Video game, Cryptocurrency, Airline, Bank

MENDOTA, Ill., May 3, 2023 /PRNewswire/ -- Tri-County Financial Group, Inc. (The Company) (OTCQX: TYFG) today announced financial results for the first quarter of 2023.

Key Points: 
  • MENDOTA, Ill., May 3, 2023 /PRNewswire/ -- Tri-County Financial Group, Inc. (The Company) (OTCQX: TYFG) today announced financial results for the first quarter of 2023.
  • Net income for the first quarter of 2023 was $1.5 million ($0.62 per share), compared to $1.9 million ($0.75 per share) during the first quarter of 2022.
  • The net interest margin was 2.94% for the first quarter of 2023, compared to 3.21% for the first quarter of 2022.
  • Noninterest income was $3.2 million for the first quarter of 2023, an increase of $0.4 million, or 14%, compared to $2.8 million during the quarter ended March 31, 2022.

Bankwell Financial Group Reports Record Loan Growth for the Fourth Quarter and Full Year 2022; Declares First Quarter Dividend

Retrieved on: 
Wednesday, January 25, 2023
Banking, Professional Services, Finance, Federal Reserve, W Holding Company, ASC, Federal funds, Bankwell, GAAP, Total, Current Expected Credit Losses, Fed, Growth, Allowance, Aussie (financial group), Fourth, Bank, Federal, COVID-19, CECL, Cryptocurrency, Airline, Maple syrup

The average yield of loans originated during 2022 was 6.24% while the average yield on fourth quarter originations was 7.23%.

Key Points: 
  • The average yield of loans originated during 2022 was 6.24% while the average yield on fourth quarter originations was 7.23%.
  • Return on average assets was 1.07% for the quarter ended December 31, 2022 and 1.44% for the year ended December 31, 2022.
  • Net income for the quarter ended December 31, 2022 was $8.0 million, versus $7.8 million for the quarter ended December 31, 2021.
  • The increase in the Provision for loan losses for both the quarter and year ended December 31, 2022 was attributable to loan growth.

Tri-County Financial Group, Inc. Reports Fourth Quarter 2022 Financial Results

Retrieved on: 
Monday, February 13, 2023
Aurora, First State Bank, First, Commercial, Current Expected Credit Losses, Aussie (financial group), COVID, CECL, OTCQX, Video game, Cryptocurrency, Bank

MENDOTA, Ill., Feb. 13, 2023 /PRNewswire/ -- Tri-County Financial Group, Inc. (The Company) (OTCQX: TYFG) today announced financial results for the fourth quarter of 2022.

Key Points: 
  • MENDOTA, Ill., Feb. 13, 2023 /PRNewswire/ -- Tri-County Financial Group, Inc. (The Company) (OTCQX: TYFG) today announced financial results for the fourth quarter of 2022.
  • Net income for the fourth quarter of 2022 was $2.3 million ($0.92 per share), compared to $1.9 million ($0.79 per share) during the fourth quarter of 2021.
  • The net interest margin was 3.27% for the fourth quarter of 2022, compared to 3.32% for the fourth quarter of 2021.
  • Noninterest expense was $10.2 million during the quarter ended December 31, 2022, compared to $11.8 million for the fourth quarter of 2021, a decrease of $1.6 million, or 14%.

Tri-County Financial Group, Inc. Reports Third Quarter 2022 Financial Results

Retrieved on: 
Monday, November 14, 2022
Aurora, First, COVID, Current Expected Credit Losses, Board, CECL, Income, Aussie (financial group), Company, First State Bank, CEO, Director, LLC, OTCQX, Renewable energy, Video game, Bank

MENDOTA, Ill., Nov. 14, 2022 /PRNewswire/ -- Tri-County Financial Group, Inc. (The Company) (OTCQX: TYFG) today announced financial results for the third quarter of 2022.

Key Points: 
  • MENDOTA, Ill., Nov. 14, 2022 /PRNewswire/ -- Tri-County Financial Group, Inc. (The Company) (OTCQX: TYFG) today announced financial results for the third quarter of 2022.
  • Net income for the third quarter of 2022 was $5.6 million ($2.27 per share), compared to $4.1 million ($1.64 per share) during the third quarter of 2021.
  • The net interest margin was 3.34% for the third quarter of 2022, compared to 3.42% for the third quarter of 2021.
  • Noninterest income was $2.9 million for the quarter ended September 30, 2022, a decrease of $2.1 million, or 42%, compared to $5.0 million during the quarter ended September 30, 2021.

Tri-County Financial Group, Inc. Reports Second Quarter 2022 Financial Results

Retrieved on: 
Friday, July 29, 2022
Aurora, Aussie (financial group), CEO, First, Board, Income, First State Bank, Director, Company, LLC, OTCQX, Video game, Real estate, Bank

MENDOTA, Ill., July 29, 2022 /PRNewswire/ -- Tri-County Financial Group, Inc. (The Company) (OTCQX: TYFG) today announced financial results for the second quarter of 2022.

Key Points: 
  • MENDOTA, Ill., July 29, 2022 /PRNewswire/ -- Tri-County Financial Group, Inc. (The Company) (OTCQX: TYFG) today announced financial results for the second quarter of 2022.
  • Net income for the second quarter of 2022 was $2.5 million ($0.99 per share), compared to $3.6 million ($1.44 per share) during the second quarter of 2021.
  • Noninterest income was $2.9 million for the quarter ended June 30, 2022, a decrease of $3.0 million, or 50%, compared to $5.9 million during the quarter ended June 30, 2021.
  • Noninterest expense was $10.3 million during the quarter ended June 30, 2022, compared to $11.2 million for the second quarter of 2021, a decrease of $0.9 million, or 8%.

Tri-County Financial Group, Inc. Reports Fourth Quarter 2021 Financial Results

Retrieved on: 
Tuesday, February 1, 2022
Aurora, Growth, CEO, Federal Reserve, First State Bank, LLC, Board, Federal, Paycheck Protection Program, Forgiveness, Company, First, Aussie (financial group), Director, OTCQX, PPP, Income, Lithium, Bank, Holding company

MENDOTA, Ill., Feb. 1, 2022 /PRNewswire/ -- Tri-County Financial Group, Inc. (The Company) (OTCQX: TYFG) today announced financial results for the fourth quarter of 2021.

Key Points: 
  • MENDOTA, Ill., Feb. 1, 2022 /PRNewswire/ -- Tri-County Financial Group, Inc. (The Company) (OTCQX: TYFG) today announced financial results for the fourth quarter of 2021.
  • Net income for the fourth quarter of 2021 was $1.9 million ($0.79 per share), compared to $4.7 million ($1.91 per share) during the fourth quarter of 2020.
  • The net interest margin was 3.32% for the fourth quarter of 2021 compared to 3.43% in the same quarter a year ago.
  • The Company provided $450,000 during the fourth quarter of 2021 compared to $1.5 million in the prior year period.

Tri-County Financial Group, Inc. Reports Second Quarter 2021 Financial Results

Retrieved on: 
Monday, August 9, 2021
Aurora, Aussie (financial group), LLC, CEO, PPP, First, Growth, Income, OTCQX, Director, Paycheck Protection Program, First State Bank, Board, Company, Animal, Lithium, Bank

MENDOTA, Ill., Aug. 9, 2021 /PRNewswire/ --Tri-County Financial Group, Inc. (The Company) (OTCQX: TYFG) today announced financial results for the second quarter of 2021.

Key Points: 
  • MENDOTA, Ill., Aug. 9, 2021 /PRNewswire/ --Tri-County Financial Group, Inc. (The Company) (OTCQX: TYFG) today announced financial results for the second quarter of 2021.
  • Net income for the second quarter of 2021 was $3.6 million ($1.44 per share), compared to $5.1 million ($2.08 per share) during the second quarter of 2020.
  • The net interest margin was 3.31% for the second quarter of 2021, and 3.14% in the second quarter of 2020.
  • Noninterest expense was $15.1 million during the quarter ended June 30, 2021, compared to $17.9 million for the second quarter of 2020, a decrease of $2.8 million, or 16%.