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Jim Eberle
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Jim Eberle
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For Immediate Release
December 1, 2005
#05-89

E-mail: [email protected]

 

29 COMMUNITY BANKS ADDED TO AMERICA’S COMMUNITY BANKERS NASDAQ INDEX

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WASHINGTON, D.C. — America’s Community Bankers announced today that 29 community banks were added today to the America’s Community Bankers NASDAQ Index. The index includes 532 community banks with a market capitalization in excess of $205 billion.

The index is the most broadly representative stock index for the community bank segment of the banking industry. ACB and NASDAQ launched the index in December 2003, to bring greater visibility to community banks, and in turn, promote greater market liquidity and fairer valuations.

“We are proud to be included in the America’s Community Bankers NASDAQ Index since its inception,” said Edward V. Lett, president and CEO, TIB Bank, Key Largo, Fla. “This equity index is a tremendous tool because it broadly represents the performance of the community banking sector. Since becoming part of the ACBQ and presenting at ACB’s Community Bank Investor Conference, our company has enjoyed increased exposure within the investment community.”

The index includes banks and thrifts listed on the NASDAQ, with the exception of any of the 50 largest bank and thrift charters based on asset size, banks classified as having an “international specialization” and banks classified as having a “credit card specialization.” Asset size and business classifications are based on the most recently available FDIC data.

When a company is no longer listed, it is removed from the index. Eligible companies are added on June 1 and Dec. 1. The complete list can be accessed on America’s Community Bankers’ website at www.AmericasCommunityBankers.com.

The index is calculated based on price changes throughout the trading day under the symbol ACBQ. The index also is reported daily as a total return index, which means that the value of reinvested dividends is included in the calculation. The index is adjusted for splits and spin-offs.

Additions to the index include the following:
  • Nexity Financial Corporation, Birmingham, Ala. (NXTY)
  • Community Bancshares, Inc., Blountsville, Ala. (COMB)
  • Southwest Community Bancorp, Carlsbad, Calif. (SWCB)
  • Plumas Bancorp, Quincy, Calif. (PLBC)
  • Northern Empire Bancshares, Santa Rosa, Calif. (NREB)
  • Pacific State Bancorp, Stockton, Calif. (PSBC)
  • Temecula Valley Bancorp, Temecula, Calif. (TMCV)
  • Centennial Bank Holdings, Inc., Denver, Colo. (CBHI)
  • Rockville Financial, Inc., Rockville, Conn. (RCKB)
  • FPB Bancorp, Inc., Port St. Lucie, Fla. (FPBI)
  • Heritage Financial Group, Albany, Ga. (HBOS)
  • Appalachian Bancshares, Inc., Ellijay, Ga. (APAB)
  • BankFinancial Corporation, Burr Ridge, Ill. (BFIN)
  • SY Bancorp, Inc., Louisville, Ky. (SYBT)
  • Berkshire Hills Bancorp, Inc., Pittsfield, Mass. (BHLB)
  • Legacy Bancorp, Inc., Pittsfield, Mass. (LEGC)
  • United Financial Bancorp, Inc., West Springfield, Mass. (UBNK)
  • American Bancorp of New Jersey, Bloomfield, N.J. (ABNJ)
  • Colonial Bankshares, Inc., Bridgeton, N.J. (COBK)
  • Investors Bancorp, Inc., Short Hills, N.J. (ISBC)
  • First Fed Banc of Southwest, Roswell, N.M. (FFSW)
  • State Bancorp, Inc., New Hyde Park, N.Y. (STBC)
  • Signature Bank, New York, N.Y. (SBNY)
  • Beach First National, Myrtle Beach, S.C. (BFNB)
  • First Security Group, Inc., Chattanooga, Tenn. (FSGI)
  • State National Bancshares, Inc., Lubbock, Texas (SNBI)
  • River City Bank, Mechanicsville, Va. (RCBK)
  • First Business Financial Services, Madison, Wis. (FBIZ)
  • Wauwatosa Holdings, Inc., Wauwatosa, Wis. (WAUW)

    America’s Community Bankers is the national trade association committed to shaping the future of banking by being the innovative industry leader strengthening the competitive position of community banks. To learn more about ACB, visit www.AmericasCommunityBankers.com.

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