Crazy Woman Creek Bancorp Reports Earnings for Fiscal Year 2024; Declares Annual Cash Dividend of $0.32 Per Share
Crazy Woman Creek Bancorp (CRZY) has reported its second-best performance in 88 years for fiscal year 2024, with net income of $1,628,469. The company achieved a 12.03% return on equity and 0.87% return on assets. The bank's net interest margin of 3.80% exceeds Wyoming's average of 3.41%. The company declared an annual cash dividend of $0.32 per share to be paid in January 2025.
The bank maintains strong capital positions with a Tier 1 Leverage Ratio of 10.15%, well above the 'well-capitalized' threshold. Asset quality remains solid with nonperforming assets at 0.72% and a loan loss reserve of 1.86%, surpassing Wyoming's average of 1.43%.
Crazy Woman Creek Bancorp (CRZY) ha riportato la sua seconda migliore performance negli ultimi 88 anni per l'anno fiscale 2024, con un reddito netto di $1.628.469. L'azienda ha raggiunto un 12,03% di rendimento sul patrimonio netto e un 0,87% di rendimento sugli attivi. Il margine di interesse netto della banca del 3,80% supera la media del Wyoming, che è del 3,41%. L'azienda ha dichiarato un dividendo in contante annuale di $0,32 per azione, che sarà pagato a gennaio 2025.
La banca mantiene posizioni di capitale solide con un rapporto di leva Tier 1 del 10,15%, ben al di sopra della soglia di 'ben capitalizzata'. La qualità degli attivi rimane solida, con attivi non performanti al 0,72% e un fondo di riserva per perdite su prestiti dell'1,86%, superando la media del Wyoming dell'1,43%.
Crazy Woman Creek Bancorp (CRZY) ha informado de su segunda mejor actuación en 88 años para el año fiscal 2024, con un ingreso neto de $1,628,469. La compañía logró un 12.03% de retorno sobre el patrimonio y un 0.87% de retorno sobre los activos. El margen de interés neto del banco de 3.80% supera el promedio del Wyoming de 3.41%. La compañía declaró un dividendo en efectivo anual de $0.32 por acción que se pagará en enero de 2025.
El banco mantiene posiciones de capital sólidas con un Ratio de Apalancamiento de Nivel 1 de 10.15%, muy por encima del umbral de 'bien capitalizado'. La calidad de los activos se mantiene sólida, con activos no productivos en 0.72% y una reserva para pérdidas de préstamos del 1.86%, superando el promedio del Wyoming de 1.43%.
Crazy Woman Creek Bancorp (CRZY)는 2024 회계연도에 88년 만에 두 번째로 좋은 실적을 기록하며 순이익 $1,628,469을 보고했습니다. 이 회사는 자본 수익률 12.03% 및 자산 수익률 0.87%를 달성했습니다. 은행의 순이자 마진은 3.80%로 와이오밍 평균인 3.41%를 초과합니다. 이 회사는 2025년 1월에 지급될 주당 $0.32의 연간 현금 배당금을 선언했습니다.
은행은 Tier 1 레버리지 비율 10.15%로 강한 자본 위치를 유지하고 있으며, 이는 '잘 자본화된' 기준을 훨씬 넘어섭니다. 자산 품질은 여전히 양호하며 부실 자산 비율은 0.72%, 대출 손실 충당금은 1.86%로 와이오밍 평균인 1.43%을 초과합니다.
Crazy Woman Creek Bancorp (CRZY) a annoncé sa deuxième meilleure performance en 88 ans pour l'exercice fiscal 2024, avec un revenu net de $1,628,469. La société a réalisé un rendement des capitaux propres de 12,03% et un rendement des actifs de 0,87%. La marge d'intérêt nette de la banque de 3,80% dépasse la moyenne du Wyoming qui est de 3,41%. La société a déclaré un dividende en espèces annuel de $0,32 par action qui sera payé en janvier 2025.
La banque maintient des positions de capital solides avec un ratio de levier de niveau 1 de 10,15%, bien au-dessus du seuil de 'bien capitalisé'. La qualité des actifs reste solide, avec des actifs non performants à 0,72% et une provision pour pertes sur prêts de 1,86%, dépassant la moyenne du Wyoming de 1,43%.
Crazy Woman Creek Bancorp (CRZY) hat für das Geschäftsjahr 2024 seine zweitbeste Leistung in 88 Jahren gemeldet, mit einem Nettogewinn von 1.628.469 USD. Das Unternehmen erreichte eine 12,03% Rendite auf das Eigenkapital und eine 0,87% Rendite auf die Vermögenswerte. Die Nettozinsmarge der Bank von 3,80% überschreitet den Durchschnitt von Wyoming von 3,41%. Das Unternehmen erklärte eine jährliche Bardividende von 0,32 USD pro Aktie, die im Januar 2025 ausgezahlt werden soll.
Die Bank hält starke Kapitalpositionen mit einem Tier 1 Leverage Ratio von 10,15%, weit über der Schwelle für 'gut kapitalisiert'. Die Asset-Qualität ist solide, mit notleidenden Vermögenswerten bei 0,72% und einer Rückstellung für Kreditausfälle von 1,86%, die den Durchschnitt von Wyoming von 1,43% übertrifft.
- Second-best financial performance in company history with $1.628M net income
- Net interest margin of 3.80% exceeds Wyoming average of 3.41%
- Strong Tier 1 Leverage Ratio of 10.15%
- Loan loss reserve of 1.86% above Wyoming average of 1.43%
- Annual cash dividend of $0.32 per share declared
- Margin compression due to challenging interest rate environment
- Nonperforming assets at 0.72%
- $324,000 in foreclosed assets from residential construction loan
BUFFALO, Wyo., Dec. 23, 2024 (GLOBE NEWSWIRE) -- We continue to build our franchise as Crazy Woman Creek Bancorp (OTCPink: CRZY) and Buffalo Federal Bank, known as The Banks of Buffalo, Sheridan, Gillette and BFSB Mortgage of Evanston. Headquartered in Buffalo, Wyoming, our bank remains a vital business and community partner since founding in 1936. We take great pride in meeting our customers’ banking needs with a passion for local decision-making and personal involvement in our communities. Our vision remains to be the premier community bank serving the needs of individuals, families and businesses throughout North-Central Wyoming.
Given our commitment to shareholders, we have declared an annual cash dividend of
Crazy Woman Creek Bancorp is proud to have posted the second-best performance in our 88-year history; at September 30, 2024, the fiscal year net income was
With FOMC target rates escalating from zero in the 1st Quarter of 2022 to their peak of
Our commitment to asset quality is clear. Nonperforming assets were
Our continuing strong financial results demonstrate the efforts of a dedicated management team, commitment to delivering diversified financial services and products, high levels of customer service and professionalism. We will focus on maintaining conservative lending protocols, improving operating efficiencies and building long-term value for our shareholders. I truly appreciate our customers for their continuing partnership and our shareholders for entrusting us with their capital.
Our annual meeting is scheduled at 3:00 p.m. MDT on January 29th, 2025, at our corporate office located at 106 Fort Street in Buffalo, WY.
PAUL
BRUNKHORST
C.E.O.
PO Box 1020 • 106 Fort Street
Buffalo, WY 82834
P 307-684-5591
FAQ
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