Welcome to our dedicated page for County Bancorp news (Ticker: ICBK), a resource for investors and traders seeking the latest updates and insights on County Bancorp stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect County Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of County Bancorp's position in the market.
County Bancorp, Inc. (NASDAQ: ICBK) has appointed Andrew Steimle as the new Chairman of the Board. Steimle, who has been on the board since April 2008, is a business and real estate attorney with extensive experience in various committees. He leads the corporate and real estate practice groups at Steimle Birschbach LLC. His appointment follows Bill Censky's tenure as board chair. County Bancorp is focused on providing financial services to agricultural businesses in Wisconsin, particularly dairy-related lending, while serving business and retail customers across the state.
County Bancorp, Inc. (NASDAQ: ICBK) plans to release its third-quarter financial results on October 22, 2020, after market close. An earnings call will be held on October 23, 2020, at 8:30 AM CDT, featuring Timothy J. Schneider and Glen L. Stiteley. Interested parties can participate by dialing in or listening online. The replay of the call will be available at Investors.ICBK.com until October 23, 2021. County Bancorp focuses on providing financial services, particularly to agricultural businesses in Wisconsin.
William Censky, co-founder and former Chairman of the Board of County Bancorp (NASDAQ:ICBK) and Investors Community Bank, has retired after a distinguished 50-year banking career. Starting as a teller in 1969, Bill advanced through various roles and co-founded Investors Community Bank in 1997. Under his leadership, the bank expanded rapidly, diversified its services, and went public in 2015. While Bill remains on the board, he has passed the chairmanship to Andy Steimle, focusing now on family time and leisure activities. Bill's legacy emphasizes the bank's agricultural roots and commitment to client relationships.
County Bancorp, Inc. (NASDAQ: ICBK) announced participation in the 2020 Raymond James U.S. Bank Conference on September 22. President Tim Schneider and CFO Glen Stiteley will engage with institutional investors during this virtual event. An investor presentation will be available on the Company's Investor Relations page. Founded in 1996, County Bancorp focuses on providing financial services to Wisconsin's agricultural sector, particularly dairy-related lending, alongside business and retail banking.
County Bancorp, Inc. (NASDAQ: ICBK) has commenced construction on a new 23,986-square-foot banking center located at 3740 Investors Court in Grand Chute, aimed at enhancing customer convenience. This facility will replace the existing Fox Valley branch and is expected to open in fall 2021. The new center will feature energy-efficient design elements, local materials, and modern amenities to foster a superior banking experience. County Bancorp continues to reaffirm its commitment to serving the financial needs of the Fox Valley region and supporting long-term community relationships.
County Bancorp, Inc. (NASDAQ: ICBK) reported a significant decrease in customers under payment deferrals due to COVID-19, improving from 181 clients with $200 million in balances as of June 30, 2020, to 105 clients totaling $100 million currently. CEO Tim Schneider noted that while agriculture dairy producers faced fluctuating milk prices, they have rebounded to profitable levels. The bank remains committed to supporting its customers as they navigate the ongoing crisis and does not foresee the need for further deferrals for most agricultural producers.
County Bancorp, Inc. (NASDAQ: ICBK) announced that President Tim Schneider and CFO Glen Stiteley will participate in the 2020 Raymond James U.S. Bank Conference on September 9-10. They will hold meetings with institutional investors during this virtual event. An investor presentation will be available on the Company’s website for attendees. County Bancorp, based in Manitowoc, Wisconsin, provides financial services primarily to agricultural businesses, focusing on dairy lending, and serves both business and retail customers statewide.
County Bancorp reported a net income of $2.7 million, or $0.40 per diluted share, for Q2 2020, compared to $3.7 million, or $0.53 per share in Q2 2019. The company experienced a decrease in loan loss provisions by $1.1 million and saw client deposits rise $101.9 million, or 12.9%. Total loans increased by $75.1 million, primarily due to $106 million in SBA PPP loans. However, the six-month performance showed a net loss of $2.5 million, including a $5 million goodwill impairment charge, reflecting COVID-19 uncertainties.
County Bancorp, Inc. (NASDAQ: ICBK) will release its second quarter 2020 financial results on July 23, 2020, after market close. An earnings call is scheduled for July 24, 2020, at 8:30 AM CDT, hosted by President Timothy J. Schneider and CFO Glen L. Stiteley. Investors can join the call via telephone or through a live broadcast on their website. A replay and transcript will be available until July 24, 2021. County Bancorp focuses on providing financial services to agricultural businesses in Wisconsin, particularly in the dairy sector, and serves various business and retail customers across the state.
County Bancorp, Inc. (NASDAQ: ICBK) announced its inclusion in the Russell 2000 and Russell 3000 Indexes, effective June 29, 2020. This addition is expected to enhance stock liquidity and broaden investor exposure. CEO Tim Schneider highlighted the significance of this milestone for the company's strategic goals and community service. The Russell Indexes are utilized by institutional investors for passive funds, overseeing $9 trillion in assets, linking County Bancorp to a broader investment audience.
