|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||85.00 - 85.00|
|52 Week Range||50.75 - 97.00|
|Beta (5Y Monthly)||0.41|
|PE Ratio (TTM)||9.53|
|Forward Dividend & Yield||1.90 (2.24%)|
|Ex-Dividend Date||Sep 01, 2020|
|1y Target Est||N/A|
Jefferson Security Bank (OTC Pink: JFWV) is proud to announce that it has been named one of American Banker magazine’s Top 200 Community Banks for 2020, designating it as one of the highest performing community banks in the nation.
President and Chief Executive Officer of Jefferson Security Bank (OTC Pink: JFWV), Cindy Kitner, announced the Board of Directors approval of a semi-annual dividend at their August 19, 2020 meeting in the amount of $0.95 per share, payable on September 11, 2020 to shareholders of record on September 2, 2020. This results in total dividends of $1.90 per share in 2020.
Jefferson Security Bank (OTC Pink: JFWV) reported unaudited net income of $701 thousand for the second quarter of 2020, representing a slight increase from $689 thousand for the same period in 2019. Diluted earnings per share were $2.51 and $2.47 for the second quarter ended 2020 and 2019, respectively. Second quarter earnings reflect a provision for loan loss of $165 thousand, representing an increase of $189 thousand given the $24 thousand credit balance for the second quarter of 2020. This increase is due to the uncertain impact of the economic stress resulting from the Coronavirus (COVID-19) pandemic. Pandemic shutdowns and stay-at-home orders had a negative impact on deposit service charges. These changes were partially offset by realized gains in the investment portfolio totaling $169 thousand.