Foundation Bancorp Common Stock (OB:FDNB)
Business Focus: N/A
Aug 19, 2016 03:18 pm ET
Foundation Bancorp, Inc. And Pacific Continental Corporation Announce Election Deadline
BELLEVUE, Wash., Aug. 19, 2016 /PRNewswire/ -- Foundation Bancorp, Inc. (OTCPink: FDNB) ("Foundation") and Pacific Continental Corporation (NASDAQ: PCBK) ("Pacific Continental") announced today an election deadline of 5 p.m. Pacific Standard Time, Monday, August 29, 2016 ("Election Deadline") for shareholders of Foundation to elect the form of consideration they wish to receive in connection with the proposed merger of Foundation with and into Pacific Continental ("Merger"), in accordance with the terms of the merger agreement entered into between the parties on April 26, 2016 (the "Merger A
Jul 22, 2016 02:18 pm ET
Foundation Bancorp Earns $761,000 in Second Quarter 2016, and $1.5 Million Year-To-Date
BELLEVUE, Wash., July 22, 2016 (GLOBE NEWSWIRE) -- Foundation Bancorp, Inc. (OTCPink:FDNB), (Foundation or Company), the holding company for Foundation Bank, today reported earnings of $761,000 in the second quarter of 2016, compared to net income of $743,000 in the preceding quarter. In the second quarter a year ago, Foundation lost $1.5 million following a $3.0 million total increase to its provision for loan losses. In the first six months of 2016, Foundation earned $1.5 million, compared to a net loss of $1.1 million in the first six months of 2015....
Apr 26, 2016 08:01 pm ET
Pacific Continental Corporation Announces Plan to Acquire Foundation Bancorp, Inc.
BELLEVUE, Wash., April, 26, 2016 /PRNewswire/ -- Pacific Continental Corporation (NASDAQ: PCBK) (the "Company"), the holding company of Pacific Continental Bank, and Foundation Bancorp, Inc. (OTCPink: FDNB) ("Foundation"), the holding company of Foundation Bank, announced the signing of an agreement and plan of merger pursuant to which Foundation shall be merged with and into the Company. Foundation is headquartered in downtown Bellevue, Washington and had $422.4 million in total assets, $299.3 million in gross loans and $367.5 million in total deposits as of March 31, 2016.
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