September 25, 2016 9:37 PM ET

Thrifts and Mortgage Finance

Company Overview of Pulaski Financial Corporation

Company Overview

Pulaski Financial Corp. operates as the holding company for Pulaski Bank that provides a range of financial products and services for businesses and retail customers in the United States. It offers commercial and retail deposit instruments, such as checking accounts, negotiable order of withdrawal accounts, money market deposit accounts, regular savings accounts, certificates of deposit, retirement savings plans, and treasury management services. The company’s loan portfolio includes residential mortgage loans; home equity lines of credit; commercial real estate loans; commercial and industrial loans; real estate construction, and land acquisition and development loans; and consumer and othe...

12300 Olive Boulevard

St. Louis, MO 63141

United States

Founded in 1922

509 Employees

Phone:

314-878-2210

Key Executives for Pulaski Financial Corporation

Chief Executive Officer, President, Director, Chairman of Pulaski Bank and Chief Executive Officer of Pulaski Bank
Age: 65
Chairman, Adviser, Member of Audit & Compliance Committee and Director of Pulaski Bank
Age: 59
Chief Financial Officer, Executive Vice President, Secretary, Treasurer, Chief Financial Officer of Pulaski Bank, Executive Vice President of Pulaski Bank, Secretary of Pulaski Bank and Treasurer of Pulaski Bank
Age: 60
President of Commercial Lending Division - Pulaski Bank
Age: 45
President of Pulaski Bank and Director of Pulaski Bank
Age: 62
Compensation as of Fiscal Year 2016.

Pulaski Financial Corporation Key Developments

Pulaski Financial Corp. Announces Unaudited Earnings Results for the Quarter Ended March 31, 2016

Pulaski Financial Corp. announced unaudited earnings results for the quarter ended March 31, 2016. For the quarter, the company reported  net interest income of $11,848,000. Income before income taxes was $3,540,000. Net income available to common shareholders was $2,376,000 or $0.20 per diluted share.

Patel V. Douglass Files Putative Class Action Lawsuit against Pulaski Financial Corporation and First Busey Corporation

Patel v. Douglass, et al., has been filed in the Circuit Court of the County of St. Louis, Missouri, Case No. 16SL-CC00406. The lawsuit names as defendants the members of Pulaski's board of directors, Pulaski and First Busey. The lawsuit alleges breaches of fiduciary duty due to the process leading to the proposed merger, potential conflicts of interest, inadequate merger consideration, the terms of the merger agreement, and the failure to disclose allegedly material information related to the proposed merger in this joint proxy statement/prospectus. The lawsuit also alleges that First Busey aided and abetted the breach of fiduciary duty. The relief sought includes class certification, declaratory relief, an injunction against the merger, rescission or rescissory damages if the merger is consummated, costs and attorney's fees. The outcome of any such litigation is uncertain. Additional suits arising out of or relating to the proposed transaction may be filed in the future. If the litigation is not resolved, it could prevent or delay completion of the merger and result in substantial costs to Pulaski and First Busey, including any costs associated with the indemnification of directors and officers. Such litigation may also create additional uncertainty relating to the merger, and responding to such demands and defending such actions may be costly and distracting to management. The defense or settlement of any lawsuit or claim that remains unresolved at the time the merger is completed may adversely affect Pulaski's and First Busey's business, financial condition, results of operations and cash flows.

Pulaski Financial Corporation(NasdaqGM:PULB) dropped from S&P TMI Index

Pulaski Financial Corporation(NasdaqGM:PULB) dropped from S&P TMI Index

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Recent Private Companies Transactions

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