Syringa Bancorp (PN) (USOTC:SGBP)
Historical Stock Chart
5 Years : From Aug 2014 to Aug 2019
Syringa Bancorp (OTCBB: SGBP) On January 31, 2010, the Board of
Directors of Syringa Bancorp unanimously agreed to extend the current
Syringa Bancorp offering of common stock until February 28, 2010 in
order to allow shareholders and investors adequate time to participate.
“We believe it is appropriate to extend the offering as we received
notice that several shareholders would like to participate but were
unable to due so because of a delay in receiving the subscription
materials from their brokers,” said Jerry Aldape, President and CEO.
Aldape went on to say, “I am pleased that the response to the offering
has been positive. We have strong management participation in the
offering along with 100% board participation. I believe this shows the
confidence everyone has in the strength of our bank.”
Syringa Bancorp is committed to serving the Treasure Valley and Northern
Idaho and believes that raising additional capital now will position
Syringa Bancorp to grow in the future as the economy turns and revives.
Syringa Bancorp was organized in April 2005 as a holding company of
Syringa Bank. Syringa Bank was formed in 1996 and has since expanded to
six branch locations, and two mortgage offices, all within the state of
Idaho. Syringa Bank is an Idaho state-chartered commercial bank.
Statements in this report regarding future events, performance or
results are “forward-looking statements” within the meaning of the
Private Litigation Reform Act of 1995 (“PSLRA”) and are made pursuant to
the safe harbors of the PSLRA. Actual results could be materially
different from those expressed or implied by the forward-looking
statements. Factors that could cause results to differ include but are
not limited to: general economic and banking business conditions,
competitive conditions between banks and non-bank financial service
providers, interest rate fluctuations, regulatory and accounting
changes, risks related to construction and development, commercial real
estate and consumer lending and other risks. Forward-looking statements
are accurate only as of the date released, and we do not undertake any
responsibility to update or revise any forward-looking statements to
reflect subsequent events or circumstances.