Welcome to our dedicated page for Blueharbor Bk news (Ticker: BLHK), a resource for investors and traders seeking the latest updates and insights on Blueharbor Bk stock.
blueharbor bank (OTCQX: BLHK) is a commercial bank headquartered in Mooresville, North Carolina, with branches in Statesville and Mount Airy and loan production offices in Belmont and Hickory, as described in its earnings releases. This news page aggregates the bank’s publicly released updates, giving readers a single place to review its reported financial performance and corporate actions.
The bank’s news flow centers on quarterly and annual earnings announcements, which provide details on net income, diluted earnings per share, net interest income, noninterest income, noninterest expense, and key performance ratios such as return on average assets (ROA), return on average equity (ROE), net interest margin, efficiency ratio, and overhead ratio. These releases also discuss trends in total assets, gross loans, total deposits, shareholders’ equity, and book value per share.
In addition to earnings, blueharbor bank issues press releases about special cash dividends declared by its Board of Directors, including the per-share amount, record date, and payment date. Some releases also describe developments such as the opening of a full-service branch in Mount Airy, changes in core software providers affecting data processing expenses, and regulatory approval for a share repurchase program.
Investors and observers can use this news page to review how blueharbor bank presents its asset quality, including nonperforming assets to total assets ratios, and its capital position through total risk-based capital and related measures. For ongoing monitoring of BLHK, this page offers a chronological view of the bank’s reported results, dividends, and other notable announcements drawn directly from its press releases.
blueharbor bank reported a net income of $1,232,123 or $0.41 per diluted share for Q4 2021, up 19% from $1,036,335 in Q4 2020. Full-year net income rose 45% to $4,829,549, or $1.60 per share. Total assets increased 27% to $410.8 million, while loans grew 20% to $286.3 million. Non-performing assets dropped to 0.02% of total assets. However, noninterest expenses also rose by 25% for the quarter.