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Community Bankers Trust Corporation
Reports Fourth Quarter and Annual Results for 2011
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Glen Allen, Virginia, January 31, 2012 Community Bankers Trust Corporation (the “Company”) (NYSE Amex: BTC), the holding company for Essex Bank (the “Bank”), today reported net income of $695,000 in the fourth quarter of 2011. This compares with net income of $2.7 million in the fourth quarter of 2010 and net income of $1.4 million in the third quarter of 2011. Net income available to common stockholders was $423,000 in the fourth quarter of 2011, compared with net income available to common stockholders of $2.4 million in the fourth quarter of 2010 and net income available to common stockholders of $1.2 million in the third quarter of 2011. For the year ended December 31, 2011, the Company reported net income of $1.4 million and net income available to common stockholders of $354,000. Net loss for the year ended December 31, 2010 was $21.0 million and net loss available to common stockholders for the same period was $22.1 million. [ read more ]
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Community Bankers Trust Corporation Announces Earnings Call
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Glen Allen, Virginia, January 25, 2012 Community Bankers Trust Corporation (NYSE Amex: BTC), the holding company for Essex Bank, announced today that it will release its fourth quarter and 2011 results on Tuesday, January 31, 2012, before the market opens. [ read more ]
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Community Bankers Trust Corporation Reports 3rd Quarter 2011 Results
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Glen Allen, Virginia, October 28, 2011 Community Bankers Trust Corporation (the “Company”) (NYSE Amex: BTC), the holding company for Essex Bank (the “Bank”), today reported third quarter 2011 net income of $1.4 million. This compares with a net loss of $1.3 million in the third quarter of 2010 and net income of $521,000 in the second quarter of 2011. Net income available to common stockholders was $1.2 million in the third quarter of 2011 compared with a net loss available to common stockholders of $1.6 million in the third quarter of 2010 and net income available to common stockholders of $247,000 in the second quarter of 2011. For the nine months ended September 30, 2011, the Company reported net income of $748,000 and a net loss available to common stockholders of $70,000. Net loss for the nine month period ended September 30, 2010 was $23.7 million and net loss available to common stockholders was $24.5 million. [ read more ]
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Community Bankers Trust Corporation Announces Earnings Call
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Glen Allen, Virginia, October 26, 2011 Community Bankers Trust Corporation (NYSE Amex: BTC), the holding company for Essex Bank, announced today that it will release its third quarter 2011 results on Friday, October 28, 2011, before the market opens. [ read more ]
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Community Bankers Trust Corporation Reports 2nd Quarter 2011 Results
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Glen Allen, Virginia, July 28, 2011 Community Bankers Trust Corporation (the “Company”) (NYSE Amex: BTC), the holding company for Essex Bank (the “Bank”), today reported second quarter 2011 net income of $521,000. This compares with a net loss of $19.6 million in the second quarter of 2010 and a net loss of $1.2 million in the first quarter of 2011. Net income available to common stockholders was $247,000 in the second quarter of 2011 compared with a net loss available to common stockholders of $19.9 million in the second quarter of 2010 and a net loss available to common stockholders of $1.5 million in the first quarter of 2011. Second quarter 2010 results included a $21.3 million provision for loan losses and $5.7 million in impairment of goodwill charges. [ read more ]
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Community Bankers Trust Corporation Announces Earnings Call
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Glen Allen, Virginia, July 26, 2011 Community Bankers Trust Corporation, the holding company for Essex Bank (NYSE Amex: BTC), announced today that it will release its second quarter 2011 results on Thursday, July 28, 2011, after the market closes, [ read more ]
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Community Bankers Trust Corporation Reports 1st Quarter Results for 2011
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Glen Allen, Virginia, May 2, 2011 Community Bankers Trust Corporation (the “Company”) (NYSE Amex: BTC), the holding company for Essex Bank (the “Bank”), today reported a first quarter 2011 net loss of $1.2 million. This compares with a net loss of $2.8 million in the first quarter of 2010 and net income of $2.7 million in the fourth quarter of 2010. Net loss available to common stockholders was $1.5 million in the first quarter of 2011 compared to a net loss available to common stockholders of $3.0 million in the first quarter of 2010 and net income available to common stockholders of $2.4 million in the fourth quarter of 2010. [ read more ]
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Community Bankers Trust Corporation and Essex Bank Enter into Written Agreement with Banking Regulators
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Glen Allen, Virginia, April 26, 2011 Community Bankers Trust Corporation, the holding company for Essex Bank (NYSE Amex: BTC), announced today that the Company and the Bank have mutually entered into a written agreement with the Federal Reserve Bank of Richmond and the Bureau of Financial Institutions of Virginia’s State Corporation Commission. Under the terms of the agreement, the Company and the Bank have committed to take certain actions to strengthen the Company’s and Bank’s risk profile and operations and maintain effective control over and supervision of major operations and activities, with a focus on the Bank’s credit risk management and credit administration activities. [ read more ]
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Community Bankers Trust Corporation Announces Appointment of New Board Members
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Glen Allen, Virginia, March 10, 2011 Community Bankers Trust Corporation, the holding company for Essex Bank (the “Company”) (NYSE Amex: BTC), announced today that it has appointed Glenn J. Dozier and S. Waite Rawls III to its Board of Directors. Messrs. Dozier and Rawls will also serve as directors of the Bank. [ read more ]
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Community Bankers Trust Corporation Announces Selection of Permanent Chief Executive Officer
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Glen Allen, Virginia, March 3, 2011 Community Bankers Trust Corporation, the holding company for Essex Bank (the “Company”) (NYSE Amex: BTC), announced today that the Board of Directors has named Rex L. Smith, III to the positions of President and Chief Executive Officer on a permanent basis. He will also serve as President and Chief Executive Officer of the Bank. [ read more ]
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Community Bankers Trust Corporation Reports 4th Quarter and Annual Results for 2010
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Glen Allen, Virginia, February 4, 2011 Community Bankers Trust Corporation (the “Company”) (NYSE Amex: BTC), the holding company for Essex Bank (the “Bank”), today reported fourth quarter 2010 net income available to common stockholders of $2.4 million, or $0.11 per fully diluted common share. This compares with a net loss available to common stockholders of $14.4 million in the fourth quarter of 2009, or $0.67 per share, on a fully diluted basis. [ read more ]
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Community Bankers Trust Corporation Announces Subsidiary’s Plan to Close Rockbridge Branch and Sell Deposits
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Glen Allen, Virginia, January 18, 2011 Community Bankers Trust Corporation (NYSE Amex: BTC), the holding company for Essex Bank, a Virginia state bank (the “Bank”), announced today that the Bank plans to close its Rockbridge Branch office and sell the deposits associated with it in April 2011. The office is located at 744 North Lee Highway, Lexington, Virginia 24450. [ read more ]
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Community Bankers Trust Corporation Reports Submission of Amended SEC Filings
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Glen Allen, Virginia, January 14, 2011 Community Bankers Trust Corporation, the holding company for Essex Bank (the “Company”) (NYSE Amex: BTC), reported today that it has filed with the Securities and Exchange Commission (the “SEC”) amendments to its Annual Report on Form 10-K for the 2008 fiscal year and to its Quarterly Report on Form 10-Q for each of the first three fiscal quarters of 2009. [ read more ]
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Community Bankers Trust Corporation Notes Policy Not to Comment on Unusual Market Activity
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Glen Allen, Virginia, January 7, 2011 Community Bankers Trust Corporation, the holding company for Essex Bank (the “Company”) (NYSE Amex: BTC), reported today that the New York Stock Exchange, in accordance with its usual practice, contacted the Company in light of the unusual market activity in the Company’s common stock on Thursday, January 6, 2011. The Company stated that it is its policy not to comment on unusual market activity. [ read more ]
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