Simplicity Bancorp, Inc. operates as the holding company for Simplicity Bank that provides a range of financial products and services in the United States. The company offers various deposit accounts, such as savings accounts, money market accounts, demand deposit accounts, and certificate of deposit accounts. It also provides one-to-four family residential mortgage loans and multi-family residential real estate loans; commercial real estate loans; and consumer loans, including new and used automobile and motorcycle loans, home equity lines of credit, unsecured loans, and loans secured by savings deposits. In addition, the company provides mortgage banking services, including originating, se...
1359 North Grand Avenue
Covina, CA 91724
Founded in 1953
Simplicity Bancorp, Inc.(NasdaqGS:SMPL) dropped from NASDAQ Composite Index
Mar 1 15
Simplicity Bancorp, Inc. will be removed from NASDAQ Composite Index.
Simplicity Bancorp, Inc., Special/Extraordinary Shareholders Meeting, Feb 11, 2015
Feb 11 15
Simplicity Bancorp, Inc., Special/Extraordinary Shareholders Meeting, Feb 11, 2015. Agenda: To approve proposed merger between HomeStreet, Inc. and Simplicity Bancorp, Inc.
Simplicity Bancorp, Inc. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended December 31, 2014
Feb 6 15
Simplicity Bancorp, Inc. reported unaudited earnings results for the second quarter and six months ended December 31, 2014. For the quarter, the company's net interest income was $5,935,000 against $6,734,000 a year ago. Income before income tax expense was $1,775,000 against $2,145,000 a year ago. Net income was $940,000 or $0.13 basic and diluted per share against $1,340,000 or $0.18 basic and diluted per share a year ago. Return on average assets, annualized was 0.43% against 0.63% a year ago. Return on average equity, annualized was 2.73% against 3.77% a year ago. Interest income was $7,578,000 against $8,301,000 a year ago.
For the six months, the company's net interest income was $12,329,000 against $13,388,000 a year ago. Income before income tax expense was $3,814,000 against $3,969,000 a year ago. Net income was $2,017,000 or $0.29 basic and diluted per share against net income of $2,489,000 or $0.33 basic and diluted per share a year ago. Return on average assets, annualized was 0.46% against 0.59% a year ago. Return on average equity, annualized was 2.93% against 3.47% a year ago. Interest income was $15,642,000 against $16,595,000 a year ago. The decrease in net income for the quarter and six months was due primarily to decreases in net interest income and noninterest income, partially offset by decreases in noninterest expense and higher reversals in provision for loan losses.