Harleysville Savings Bank (HARL, Financial) filed Annual Report for the period ended 2009-09-30.
Harleysville Savings Financial Corporation is the bank holding company of Harleysville Savings Bank. Harleysville Savings Bank has a market cap of $49.3 million; its shares were traded at around $13.6 with a P/E ratio of 9.5 and P/S ratio of 1.2. The dividend yield of Harleysville Savings Bank stocks is 5.6%. Harleysville Savings Bank had an annual average earning growth of 15.2% over the past 5 years.
Harleysville Savings Financial Corporation is a Pennsylvania corporation headquartered in Harleysville, Pennsylvania. The Company became the bank holding company for Harleysville Savings Bank in connection with the holding company reorganization of the Bank in February 2000 (the Reorganization). In August 1987, the Banks predecessor, Harleysville Savings Association, converted to the stock form of organization. The Bank, whose predecessor was originally incorporated in 1915, converted from a Pennsylvania chartered, permanent reserve fund savings association to a Pennsylvania chartered stock savings bank in June 1991. The Bank operates from six full-service offices located in Montgomery County, Pennsylvania. The Banks primary market area includes Montgomery County, which has the third largest population and the second highest per capita income in the Commonwealth of Pennsylvania, and, to a lesser extent, Bucks County. As of September 30, 2009, the Company had $830.0 million of total assets, $466.6
As of September 30, 2009, loans secured by commercial real estate and commercial business loans comprised $49.0 and $10.4 million or 9.7% and 2.1% of the total loan portfolio, respectively. Home equity lines, including installment home equity loans and home equity lines of credit comprised $92.4 million or 18.4% of the total loan portfolio. Consumer loans, including automobile loans, loans on savings accounts and education loans, constituted $2.2 million or 0.4% of the total loan portfolio as of September 30, 2009.
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Harleysville Savings Financial Corporation is the bank holding company of Harleysville Savings Bank. Harleysville Savings Bank has a market cap of $49.3 million; its shares were traded at around $13.6 with a P/E ratio of 9.5 and P/S ratio of 1.2. The dividend yield of Harleysville Savings Bank stocks is 5.6%. Harleysville Savings Bank had an annual average earning growth of 15.2% over the past 5 years.
Highlight of Business Operations:
The aggregate market value of the 3,167,626 shares of the Registrants common stock held by non-affiliates (3,603,409 shares outstanding, less 435,783 shares held by affiliates), based upon the closing price of $11.64 for a share of common stock on March 31, 2009, as reported by the Nasdaq Stock Market, was approximately $36.9 million. Shares of common stock held by executive officers, directors and by each person who owns 5% or more of the outstanding common stock have been excluded since such persons may be deemed to be affiliates. This determination of affiliate status is not necessarily a conclusive determination for other purposes.Harleysville Savings Financial Corporation is a Pennsylvania corporation headquartered in Harleysville, Pennsylvania. The Company became the bank holding company for Harleysville Savings Bank in connection with the holding company reorganization of the Bank in February 2000 (the Reorganization). In August 1987, the Banks predecessor, Harleysville Savings Association, converted to the stock form of organization. The Bank, whose predecessor was originally incorporated in 1915, converted from a Pennsylvania chartered, permanent reserve fund savings association to a Pennsylvania chartered stock savings bank in June 1991. The Bank operates from six full-service offices located in Montgomery County, Pennsylvania. The Banks primary market area includes Montgomery County, which has the third largest population and the second highest per capita income in the Commonwealth of Pennsylvania, and, to a lesser extent, Bucks County. As of September 30, 2009, the Company had $830.0 million of total assets, $466.6
As of September 30, 2009, loans secured by commercial real estate and commercial business loans comprised $49.0 and $10.4 million or 9.7% and 2.1% of the total loan portfolio, respectively. Home equity lines, including installment home equity loans and home equity lines of credit comprised $92.4 million or 18.4% of the total loan portfolio. Consumer loans, including automobile loans, loans on savings accounts and education loans, constituted $2.2 million or 0.4% of the total loan portfolio as of September 30, 2009.
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