GlobeNewswire: Carolina Alliance Bank Contains the last 10 of 27 releaseshttp://www.globenewswire.com/External?Length=42024-03-29T13:22:04ZGlobeNewswirehttp://www.globenewswire.com/External?Length=4newsdesk@globenewswire.com (NewsDesk)https://www.globenewswire.com/news-release/2019/02/07/1712101/0/en/CAB-Financial-Corporation-Reports-its-2018-Results.html?f=22&fvtc=4&fvtv=24291CAB Financial Corporation Reports its 2018 Results2019-02-07T13:00:00Z<![CDATA[SPARTANBURG, S.C., Feb. 07, 2019 (GLOBE NEWSWIRE) -- CAB Financial Corporation (OTCQX: CABF) (the “Corporation”), holding company for Carolina Alliance Bank (the “Bank”), today reported 2018 annual and fourth quarter consolidated financial results. Net income available to common shareholders was $0.7 million, or $0.10 per diluted common share, for the three months ended December 31, 2018 as compared to net income available to common shareholders of $1.7 million, or $0.23 per diluted common share, for the three months ended December 31, 2017. Net income available to common shareholders of $4.3 million, or $0.58 per diluted common share, was reported for the year ended December 31, 2018, compared to net income of $4.7 million, or $0.65 per diluted common share, for the year ended December 31, 2017.]]>https://www.globenewswire.com/news-release/2018/10/30/1639041/0/en/CAB-Financial-Corporation-Reports-its-Third-Quarter-2018-Results.html?f=22&fvtc=4&fvtv=24291CAB Financial Corporation Reports its Third Quarter 2018 Results2018-10-30T12:00:00Z<![CDATA[SPARTANBURG, S.C., Oct. 30, 2018 (GLOBE NEWSWIRE) -- CAB Financial Corporation (OTCQX: CABF) (the “Corporation”), holding company for Carolina Alliance Bank, today reported its third quarter 2018 consolidated financial results. Net income was $3.6 million, or $0.49 per diluted common share, for the nine months ended September 30, 2018, as compared to net income of $3.0 million, or $0.42 per diluted common share, for the nine months ended September 30, 2017. For the three months ended September 30, 2018, net income was $1.3 million, or $0.18 per diluted common share, as compared to $0.9 million, or $0.13 per diluted common share, for the three months ended September 30, 2017.]]>https://www.globenewswire.com/news-release/2018/08/08/1548893/0/en/CAB-Financial-Corporation-Reports-its-Second-Quarter-2018-Results.html?f=22&fvtc=4&fvtv=24291CAB Financial Corporation Reports its Second Quarter 2018 Results 2018-08-08T12:24:32Z<![CDATA[SPARTANBURG, S.C., Aug. 08, 2018 (GLOBE NEWSWIRE) -- CAB Financial Corporation (OTCQX: CABF) (the “Corporation”), holding company for Carolina Alliance Bank, today reported its second quarter 2018 consolidated financial results. Net income was $2.3 million, or $0.31 per diluted common share, for the six months ended June 30, 2018, as compared to net income of $2.1 million, or $0.29 per diluted common share, for the six months ended June 30, 2017. For the three months ended June 30, 2018, net income was $1.2 million, or $0.16 per diluted common share, as compared to $1.1 million, or $0.15 per diluted common share, for the three months ended June 30, 2017.]]>https://www.globenewswire.com/news-release/2018/04/26/1488043/0/en/CAB-Financial-Corporation-Reports-its-First-Quarter-2018-Results.html?f=22&fvtc=4&fvtv=24291CAB Financial Corporation Reports its First Quarter 2018 Results2018-04-26T12:00:00Z<![CDATA[SPARTANBURG, S.C., April 26, 2018 (GLOBE NEWSWIRE) -- CAB Financial Corporation (OTCQX:CABF) (the “Corporation”), holding company for Carolina Alliance Bank, today reported 2018 first quarter consolidated financial results. Net income was $1.1 million, or $0.15 per diluted common share, for the three months ended March 31, 2018 as compared to net income of $1.0 million, or $0.14 per diluted common share, for the three months ended March 31, 2017.]]>https://www.globenewswire.com/news-release/2018/02/12/1338988/0/en/CAB-Financial-Corporation-Reports-its-2017-Results.html?f=22&fvtc=4&fvtv=24291CAB Financial Corporation Reports its 2017 Results2018-02-12T13:00:00Z<![CDATA[SPARTANBURG, S.C., Feb. 12, 2018 (GLOBE NEWSWIRE) -- CAB Financial Corporation (OTCQX: CABF) (the “Corporation”), holding company for Carolina Alliance Bank, today reported 2017 annual and fourth quarter consolidated financial results. Net income available to common shareholders was $1.7 million, or $0.23 per diluted common share, for the three months ended December 31, 2017 as compared to net income available to common shareholders of $1.0 million, or $0.15 per diluted common share, for the three months ended December 31, 2016. Net income available to common shareholders of $4.7 million, or $0.65 per diluted common share, was reported for the year ended December 31, 2017, compared to net income of $4.1 million, or $0.60 per diluted common share, for the twelve months ended December 31, 2016. Included in net income available to common shareholders for the 2017 periods is a tax benefit of approximately $700,000, or $0.10 per diluted share, related to the revaluation of our deferred tax liability as a result of the recently enacted Tax Cuts and Jobs Act. Excluding the deferred tax adjustment, net income was $1.0 million and $4.0 million, or $0.13 and $0.55 per diluted share, for the three and twelve months ended December 31, 2017, respectively.]]>https://www.globenewswire.com/news-release/2017/12/12/1253111/0/en/CAB-Financial-Corporation-Appoints-John-D-Kimberly-as-its-Chief-Executive-Officer.html?f=22&fvtc=4&fvtv=24291CAB Financial Corporation Appoints John D. Kimberly as its Chief Executive Officer2017-12-12T13:21:44Z<![CDATA[John D. Kimberly to Succeed Retiring John S. Poole John D. Kimberly to Succeed Retiring John S. Poole]]>https://www.globenewswire.com/news-release/2017/10/31/1171179/0/en/CAB-Financial-Corporation-Reports-Third-Quarter-2017-Results-of-Carolina-Alliance-Bank.html?f=22&fvtc=4&fvtv=24291CAB Financial Corporation Reports Third Quarter 2017 Results of Carolina Alliance Bank2017-10-31T21:01:00Z<![CDATA[SPARTANBURG, S.C., Oct. 31, 2017 (GLOBE NEWSWIRE) -- CAB Financial Corporation (OTCQX:CABF) (the “Corporation”) today reported third quarter 2017 financial results of its wholly-owned subsidiary, Carolina Alliance Bank (the “Bank”). The Corporation became the holding company of the Bank on October 23, 2017. Net income available to common shareholders was $934,000, or $0.13 per diluted common share, for the three months ended September 30, 2017 as compared to net income available to common shareholders of $1.2 million, or $0.18 per diluted common share, for the quarter ended September 30, 2016. Net income available to common shareholders of $3.0 million, or $0.42 per diluted common share, was reported for the nine months ended September 30, 2017, compared to net income available to common shareholders of $3.1 million, or $0.45 per diluted common share, for the nine months ended September 30, 2016. The year-to-date decrease in earnings of approximately $95,000 was largely attributable to an increase in the provision for loan losses and decreased net interest income due to net interest margin compression, partially offset by increased non-interest income and decreased income tax expense.]]>https://www.globenewswire.com/news-release/2017/10/23/1151564/0/en/CAB-Financial-Corporation-Announces-Completion-of-the-Reorganization-of-Carolina-Alliance-Bank-into-a-Bank-Holding-Company.html?f=22&fvtc=4&fvtv=24291CAB Financial Corporation Announces Completion of the Reorganization of Carolina Alliance Bank into a Bank Holding Company2017-10-23T12:59:12Z<![CDATA[SPARTANBURG, S.C., Oct. 23, 2017 (GLOBE NEWSWIRE) -- CAB Financial Corporation (the “Corporation”) and Carolina Alliance Bank (OTCQX:CRLN) (the “Bank”) announced that, effective today, they have consummated their corporate reorganization whereby the Corporation, a South Carolina corporation created by the Bank’s Board of Directors for this specific purpose, became the Bank’s holding company. The Bank received the approval for the reorganization from the Bank’s shareholders at its annual meeting held on May 15, 2017 and was recently notified by the Federal Reserve Bank of Richmond that it did not object to the reorganization.]]>https://www.globenewswire.com/news-release/2017/08/23/1091458/0/en/Carolina-Alliance-Announces-5-Stock-Dividend.html?f=22&fvtc=4&fvtv=24291Carolina Alliance Announces 5% Stock Dividend2017-08-23T12:00:00Z<![CDATA[SPARTANBURG, S.C., Aug. 23, 2017 (GLOBE NEWSWIRE) -- Carolina Alliance Bank (OTCQX:CRLN) today announced that its Board of Directors has declared a 5% stock dividend. The stock dividend will be payable September 19, 2017 to shareholders of record as of September 5, 2017. Holders of Carolina Alliance common stock as of the record date will receive one additional share for every twenty shares held on the record date. Cash will be issued in lieu of fractional shares.]]>https://www.globenewswire.com/news-release/2017/07/24/1056076/0/en/Carolina-Alliance-Reports-its-Second-Quarter-2017-Results.html?f=22&fvtc=4&fvtv=24291Carolina Alliance Reports its Second Quarter 2017 Results2017-07-24T11:56:32Z<![CDATA[SPARTANBURG, S.C., July 24, 2017 (GLOBE NEWSWIRE) -- Carolina Alliance Bank (OTCQX:CRLN) today reported its second quarter 2017 financial results. Net income available to common shareholders of $2.1 million, or $0.30 per diluted common share, was reported for the six months ended June 30, 2017, compared to net income available to common shareholders of $1.9 million, or $0.29 per diluted common share, for the six months ended June 30, 2016. The increase of approximately $200,000 in net income was largely attributable to increased non-interest income and decreased income tax expense, partially offset by an increase in the provision for loan losses and a slight decrease in net interest income.]]>