The campaigners for the BBMP election had a bad day on Thursday.While two persons were killed in a mishap,two others were arrested for distributing money to influence voters.
Siuslaw Financial Group (SFGP) is quoted on the NASDAQ over-the-counter bulletinboard. Its stock closed yesterday at $10.50 and has a 52-week price range of$8.15-16.00. * Sees Q3 revenue $80 mln-82 mln vs est $74.79 mln Stocks | Japan * Sees Q3 loss/shr $0.12-$0.13, excluding items * Q2 revenue $69 mln vs est. Siuslaw reported $280.6 million in total assets, deposits of $233.8 million andloans of $219.0 million on June 30, 2009.
The Board of Directors declared a $0.10 share quarterly dividend to commonshareholders and $0.105 per share to preferred shareholders of record on July29, 2009, payable on or before August 5, 2009. Banker magazine in their June 2009 edition rated Siuslaw #35 basedon a three-year average return on equity as of December 31, 2008, among the top200 publicly traded community banks and thrifts in the nation with less than $2billion in assets. Despite the allocation for future loan losses, the reported after tax net incomerepresented a return on shareholder equity (ROE) of 13.29% and return on averageassets (ROA) at 1.38% is substantially above industry norms As a matter ofrecord, U.S. Siuslaw did not allocate any reservefor future loan losses during the same period in 2008. In view of the rising unemployment rate (Oregon had the third-highestunemployment rate in the nation, as reported by the U.S.