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PBNC Buyback image

PB Financial Corporation Buyback

OLI recorded this information on 7/13/2020

Company: PB Financial Corporation
Buyback: PBNC buyback
Share Amount Authorized: 200,000
Buyback Details: Ted E. Whitehurst, President and CEO of PB Financial Corporation (OTCQX:PBNC) (the "Company"), the holding company for Providence Bank, announced today that the Board of Directors has adopted a stock repurchase program. Under the repurchase program, the Company may repurchase up to 200,000 shares or approximately 9% of the currently outstanding shares of its common stock.

Paragon Commercial is a bank holding company. Through its subsidiary, Paragon Commercial Bank (the Bank), Co. is engaged in general commercial banking in Wake and Mecklenburg Counties, NC. Co. also owns two statutory business trusts, Paragon Commercial Capital Trust I and II, to facilitate the issuance of trust preferred securities. The Bank has two subsidiaries, PCB Trustee, Inc. and Mayberry Real Estate Holdings, LLC. Co. provides a range of short- to medium-term commercial, construction, mortgage, and personal loans, both secured and unsecured. Co. provides courier services to its business customers. As of Dec 31 2016, Co. had total assets of $1.50 billion and deposits of $1.17 billion.
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PBNC — Key Stats (updated Mon., Jan. 29, 10:31 AM)
Company Name:  Paragon Commercial Corp
Stock buyback:  PBNC buyback
Website:  www.paragonbank.com
Sector:  Banking & Savings
 

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May 3, 2024  •  11:09 PM Eastern
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