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Last $9.30 USD
Change Today 0.00 / 0.00%
Volume 0.0
HRMB On Other Exchanges
Symbol
Exchange
OTC US
As of 4:30 PM 07/14/14 All times are local (Market data is delayed by at least 15 minutes).

harmony bank (HRMB) Snapshot

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52 Week High
06/5/15 - $10.00
52 Week Low
11/14/14 - $9.00
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harmony bank (HRMB) Details

Harmony Bank, a community bank, provides banking products and services to consumers and small and moderate sized businesses in Ocean and Monmouth counties. It offers checking accounts, savings accounts, money market accounts, and certificates of deposit for consumers and businesses; and individual retirement accounts for consumers. The company also provides commercial and consumer loans, investment real estate loans, SBA financing, construction lending, not for profit lending, commercial mortgages, term loans, lines of credit, and letters of credit. In addition, it offers Internet banking, bill payment, cash management services, debit cards, safe deposit boxes, wire transfers, change exchange services, E-statements, remote deposits, merchant card processing, and night deposit services. The company was founded in 2008 and is based in Jackson, New Jersey with additional offices in Lakewood and Toms River, New Jersey.

Founded in 2008

harmony bank (HRMB) Top Compensated Officers

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harmony bank (HRMB) Key Developments

Harmony Bank Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Harmony Bank announced earnings results for the third quarter and nine months ended September 30, 2014. For the quarter ended September 30, 2014, the Bank reported net income of $297,864 or $0.19 per share compared to $379,109 or $0.20 per share for the same period in 2013, a decrease of $81,245 or 21.4 percent. On a pretax basis, income for the quarter ended September 30, 2014 was $488,302 compared to $379,109 reported for the same period in 2013, an increase of $109,193 or 28.8%. During 2013, the Bank had available net operating loss carry forwards to eliminate the tax liability. The Bank operations are fully taxable in 2014. Net interest income was $1,948,373 compared to $1,600,183 a year ago. Net income was $297,864 compared to $379,109 a year ago. For the nine months ended September 30, 2014, the Bank reported net income of $653,489 or $0.43 per share, and represents a decrease of $144,148 or 18.1% from the $797,637 or $0.46 per share reported for the same period in 2013. On a pretax basis, income for the nine months ended September 30, 2014 was $1,071,295 compared to $797,637 reported for the same period in 2013. This represents an increase of $273,658 or 34.3%. Net interest income was $5,513,776 compared to $4,465,792 a year ago.

Harmony Bank Presents at FIG Partners 10th Annual Bank CEO Forum, Sep-15-2014

Harmony Bank Presents at FIG Partners 10th Annual Bank CEO Forum, Sep-15-2014 . Venue: Four Seasons, Atlanta, Georgia, United States.

Harmony Bank Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013

Harmony Bank reported earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the bank reported net income of $379,109 or $0.25 per share basic, compared to $240,268 or $0.15 per share basic for the same period in 2012, an increase of $138,841 or 57.8%. Net interest income was $1,600,183 against $1,312,433 a year ago. For the nine months, the bank reported net income of $797,637 or $0.52 per share, an increase of $256,576 or 52.4% over the $541,061 or $0.34 per share reported for the same period in 2012. Net interest income was $1,600,183 against $1,312,433 a year ago.

 

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