You are here: Home
Business
Finance
(FFKY, CART, CRWE, KINS) Noticeable Stocks by PennyGovernance.com
(FFKY, CART, CRWE, KINS) Noticeable Stocks by PennyGovernance.com
First Financial Service Corporation (NASDAQ:FFKY) announced that its banking subsidiary, First Federal Savings Bank of Elizabethtown, Inc., has signed a definitive agreement to divest its four bra
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) February 15, 2012 --
First Financial Service Corporation (NASDAQ:FFKY) announced that its banking subsidiary, First Federal Savings Bank of Elizabethtown, Inc., has signed a definitive agreement to divest its four branch retail bank franchise in Indiana to First Savings Bank, F.S.B., the banking subsidiary of First Savings Financial Group, Inc. (FSFG). The purchase price will represent a 3.65% percent premium based on the actual level of consumer and commercial deposits at closing, which were $99.7 million at December 31, 2011. Under the agreement, First Savings Financial Group, Inc. will also acquire government, corporate, other financial institution deposits and municipal deposits, which were $17.5 million at December 31, 2011, at book value. A total of $35.4 million of performing loans will be purchased at a discount of 0.80% based on the actual level of loans at closing. The consummated transaction would result in a one-time gain for the Company of approximately $3.4 million based on information at December 31, 2011.
Read the full article at: http://pennygovernance.com/17953/hot-news/ffky-cart-crwe-kins-noticeable-stocks-by-pennygovernancecom/
***************************************
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PennyGovernance.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold PennyGovernance.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur.(read more @ http://pennygovernance.com/disclaimer) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.

Where: Hyderabad,India
Industry: Business Services
Where: Leipzig,Germany
Industry: Business Services
Where: Houston,United States
Industry: Business Services
Post your news to the World.See you news here immediately. It's easy and free!
Create free account or Login.



