• The business’s level that leverage and you may chance-built investment rates was in fact % and you can %, respectively, therefore the Business is considered to be well-capitalized on .
• Ratio of low-performing possessions so you can overall property out of 0.11% at the .

HONOLULU, (Globe NEWSWIRE) — Territorial Bancorp Inc. (NASDAQ: TBNK) (the organization), based into the Honolulu, Hawaii, the latest carrying company moms and dad of Territorial Offers Bank, said a net loss of $step one,318,000, otherwise $0.fifteen per diluted display, with the three months finished .

The fresh new Panel from Administrators recognized a dividend away from $0.01 per share. This new dividend is expected getting repaid on , to help you stockholders regarding checklist as of .

Because previously revealed inside a combined pr release given , Hope Bancorp, Inc. (NASDAQ: HOPE) (Vow Bancorp) in addition to Providers closed a definitive merger arrangement. Under the terms of the brand new merger agreement, Team stockholders will have a fixed replace ratio away from 0.8048 display out-of Vow Bancorp popular inventory in return for each show out-of Business preferred inventory they’ve, during the an effective 100% stock-for-stock transaction cherished within approximately $ million, according to the closing price of Hope Bancorp’s prominent inventory on the . The order is meant to meet the requirements since the a taxation-totally free reorganization having Territorial stockholders bad ceedit loan in Ridgebury.

This new expands in the attract money on other investment and you will funds while in the the latest one-fourth was basically partially counterbalance of the an excellent $264,000 decrease in attention into the financing bonds, hence took place on account of an effective $ million reduction of an average ties harmony

Abreast of achievement of your deal, Promise Bancorp intentions to retain the Territorial team during the Their state and you can manage new 100-in addition to year heritage of your own Territorial Deals Financial brand name, society and you can commitment to your neighborhood teams.