Day: April 27, 2020

MCLEAN, Va., April 27, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) announced today that it issued its Monthly Volume Summary for March 2020, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments.Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac, and Freddie Mac’s blog FreddieMac.com/blog.MEDIA CONTACT: Fred Solomon703-903-3861Frederick_Solomon@freddiemac.comINVESTOR...

HIGHLANDS RANCH, Colo., April 27, 2020 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”) today announced the Company expects to release its first quarter 2020 financial results and file its Quarterly Report on Form 10-Q for the period ended March 31, 2020 after market close on Monday, May 11, 2020. A conference call to discuss the Company’s financial performance is scheduled to begin at 9:00 a.m. Eastern Time on Tuesday, May 12, 2020.The conference call webcast information will be available via the Investor Resources section of ADES’s website at www.advancedemissionssolutions.com. Interested parties may also participate in the call by dialing: (833) 227-5845 (Domestic) or (647) 689-4072 (International) conference ID 1676176. A supplemental investor...

ROCHESTER, N.Y., April 27, 2020 (GLOBE NEWSWIRE) — Document Security Systems, Inc. (“DSS” or the “Company”) (NYSE American: DSS), a leader in anti-counterfeit, authentication and diversion protection technologies, announces the completion of the required independent valuation, allowing the company to proceed with the acquisition of the stock of Impact BioMedical, Inc. (“Impact BioMedical”) through a share exchange agreement as outlined in the term sheet announced on March 12, 2020  (the “Term Sheet”) among DSS, DSS BioHealth Security, Inc., a wholly-owned direct subsidiary of DSS, Impact BioMedical and Global BioMedical Pte. Ltd. (“Global BioMedical”), which owns all of the stock of Impact BioMedical.Impact BioMedical’s ownership of a suite of antiviral and medical technologies has been valued at $382 million. As the value is higher...

DUBLIN, Ga., April 27, 2020 (GLOBE NEWSWIRE) — Morris State Bancshares (OTCQX: MBLU) (the “Company”), the parent of Morris Bank, today announced net income of $4.0 million, or an earnings per share of $1.93, for the quarter ended March 31, 2020.  The earnings represent a decrease of $559 thousand, or 12.17%, compared to net income of $4.6 million, or $2.50 per share, for the quarter ended March 31, 2019.  On a pretax basis, the company earned $5.1 million versus $3.3 million a year earlier, which represents a 54% increase.  The increase in pretax net income was a result of balanced improvement in net interest income, higher non-interest income, and improved operational efficiency.On April 23, 2020, the board of directors approved a second quarter dividend of $0.35 per share payable on or about June 15th to all shareholders of record...

LODI, Calif., April 27, 2020 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp (OTCQX: FMCB) today announced record net income of $14.1 million for first quarter 2020.For the quarter ended March 31, 2020, Farmers & Merchants Bancorp reported net income of $14.1 million, or $17.80 per share, a 4.2% increase from net income of $13.5 million earned in the first quarter of 2019. Net interest income for the quarter ended March 31, 2020 was $35.4 million, up 3.6% from $34.2 million in the same quarter in 2019. The Company’s net interest margin on a tax equivalent basis was 4.19% in the first quarter of 2020, compared to 4.40% in the first quarter of 2019. Return on average assets for the first quarter of 2020 was 1.53%, compared to 1.60% for the first quarter of 2019, and return on average equity was 14.90%, compared to 16.96%...

ANDOVER, Mass., April 27, 2020 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, announced that it will participate in the BofA Securities 2020 Transportation & Industrials Virtual Conference to be held online May 11-12, 2020. Management will present an overview of the Company’s business at 10:00 a.m. ET on Monday, May 11.A webcast of the presentation may be accessed from the investor section of Mercury’s website at ir.mrcy.com/events-presentations. A replay of the webcast will be available for 90 days.Mercury Systems – Innovation That Matters®Mercury Systems is the leader in making trusted, secure mission-critical technologies profoundly more accessible to the aerospace and defense industries. Optimized for...

SANTA BARBARA, Calif., April 27, 2020 (GLOBE NEWSWIRE) — AppFolio, Inc. (NASDAQ: APPF), a leading provider of cloud-based business software solutions, services and data analytics to the real estate and legal markets, today announced that it will report its first quarter fiscal year 2020 financial results after the close of the U.S. financial markets on Monday, May 4, 2020.AppFolio will host a conference call to discuss financial results at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time, on Monday, May 4, 2020. Investors are invited to submit questions to management via the Investor Q&A form located on the Investor Overview section of the IR page at http://ir.appfolioinc.com.The conference call can be accessed by dialing (833) 502-0474 and entering ID #1898165International callers may dial (236) 714-2184. A replay of the conference...

ANCHORAGE, Alaska, April 27, 2020 (GLOBE NEWSWIRE) — Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $1.03 million, or $0.16 per diluted share, in the first quarter of 2020, compared to $4.58 million, or $0.69 per diluted share, in the fourth quarter of 2019, and $4.31 million, or $0.62 per diluted share, in the first quarter a year ago.“Our first quarter was highlighted by both higher production in the mortgage banking division and loan and deposit growth in the community banking segment. While our asset quality metrics at quarter end remain strong, we are being active in our approach to the COVID-19 pandemic and the sharp decline in oil prices during the quarter and their anticipated future impact on the Alaska economy. Consequently, we booked a $2.1 million loan loss...

WALLA WALLA, Wash., April 27, 2020 (GLOBE NEWSWIRE) — Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank and Islanders Bank, today reported net income of $16.9 million, or $0.47 per diluted share, for the first quarter 2020, compared to $33.7 million, or $0.95 per diluted share, in the preceding quarter and $33.3 million, or $0.95 per diluted share, in the first quarter of 2019.  Banner’s first quarter earnings reflect the impact of the COVID-19 pandemic resulting in a substantial reduction in business activity or the closing of businesses in all the western states Banner operates.First quarter of 2020 results also include $1.1 million of acquisition-related expenses, compared to $4.4 million of acquisition-related expenses in the preceding quarter and $2.1 million in the first...

PENNSAUKEN, N.J., April 27, 2020 (GLOBE NEWSWIRE) — J & J Snack Foods Corp. (NASDAQ-JJSF) today announced sales and earnings for the second  quarter ended March 28, 2020.Sales decreased 2% to $272.0 million from $276.3 million in last year’s second quarter. Net earnings decreased 64% to $7.3 million in the current quarter from $20.4 million last year.  Earnings per diluted share decreased 65% to $.38 for the second quarter from $1.08 last year.  Operating income decreased 56% to $11.0 million in the current quarter from $24.8 million in the year ago quarter.For the six months ended March 28, 2020, sales increased 1% to $554.9 million from $547.9 million in last year’s first half.  Net earnings decreased 36% to $24.4 million in the six months from $37.9 million last year.  Earnings per diluted share decreased 36% to $1.28 from...