Printer Friendly

COASTAL BANC SAVINGS ASSOCIATION REPORTS INCOME

 COASTAL BANC SAVINGS ASSOCIATION REPORTS INCOME
 HOUSTON, Oct. 15 /PRNewswire/ -- Coastal Banc Savings Association


(NASDAQ: CBSA) today reported net income of $2,153,085 for the three months ended Sept. 30, 1992 and $6,537,585 for the nine month period, as compared to $1,582,830 and $4,490,519 for the three and nine month periods ended Sept. 30, 1991.
 Third quarter net income per fully-diluted share was $0.41 on 5,299,342 common stock equivalents outstanding, compared with the third quarter 1991 net income of $0.50 per fully-diluted share on 3,166,374 common stock equivalents. During the second quarter ended June 30, 1992, net income was $0.43 per fully-diluted share on 5,305,467 common stock equivalents outstanding compared with the second quarter 1991 net income of $0.56 per fully-diluted share on 3,158,746 common stock equivalents.
 At Sept. 30, 1992, Coastal Banc had assets of approximately $1.1 billion and total stockholder equity of approximately $66 million.
 Coastal Banc Savings Association is a Texas-chartered, federally insured savings and loan association headquartered in Houston. It operates 16 branch offices in metropolitan Houston and the more rural areas west and southwest of Houston.
 -0- 10/15/92
 /CONTACT: Manuel J. Mehos of Coastal Banc Savings, 713-623-2600, or Don King of Churchill Group, 713-781-0020, for Coastal Banc/
 (CBSA) CO: Coastal Banc Savings Association ST: Texas IN: FIN SU: ERN


AH -- NY037 -- 0321 10/15/92 10:22 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 15, 1992
Words:245
Previous Article:/ C O R R E C T I O N -- NBD BANCORP /
Next Article:WAGES AND BENEFITS -- FIRST THREE QUARTERS 1992
Topics:


Related Articles
COASTAL BANC SAVINGS ASSOCIATION ANNOUNCES REGISTRATION STATEMENT FOR IPO
COASTAL BANC SAVINGS ASSOCIATION FILES REGISTRATION STATEMENT FOR INITIAL PUBLIC OFFERING
COASTAL BANC SAVINGS ASSOCIATION COMMENTS ON USA TODAY REPORT
COASTAL BANC SAVINGS ASSOCIATION BOARD OF DIRECTORS ELECTS PHILIP J. BARBER AS VICE CHAIRMAN OF THE BOARD
COASTAL BANC SAVINGS ASSOCIATION ACQUISITIONS TO INCREASE DEPOSIT BASE BY $440 MILLION
COASTAL BANC SAVINGS ASSOCIATION COMPLETES ACQUISITION OF GUARDIAN SAVINGS BRANCHES
COASTAL BANC SAVINGS FILES REGISTRATION STATEMENT FOR PREFERRED STOCK
COASTAL BANC SAVINGS INITIATES COMMON STOCK CASH DIVIDEND POLICY
COASTAL BANC SAVINGS REPORTS HIGHER SECOND QUARTER EARNINGS
Financial Security Corp. Announces Earnings For The Quarter And Six Months Ended June 30, 1996

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters