home equity loan montana
Eagle Bancorp Announces Year End Earnings, Fourth Quarter Earnings ...
HELENA, Mont., July 20, 2006 (PRIMEZONE) -- Eagle Bancorp ("Eagle") (OTCBB:EBMT), the stock holding company of American Federal Savings Bank (the "Bank"), reported net income of $1,785,000, or $1.66 per share ($1.48 per share diluted), for the year ended June 30, 2006, and announced an increased cash dividend of $0.22 per share. These earnings represent an increase of $42,000, or 2.4%, compared to $1,743,000 for the year ended June 30, 2005. Earnings for the quarter ended June 30, 2006 were $438,000, or $0.41 per share ($0.36 per share diluted), an increase of 18.4% compared to $370,000 for the quarter ended June 30, 2005, and an increase of 8.7% from the $403,000 earned in the prior quarter ended March 31, 2006.
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Project on pause
Communication breakdowns between the project administrators and an unusually large group of new homeowners also made the project a test of endurance for everyone who was involved."Frankly, we've all learned from this exercise," said Tim Ryan, state director of USDA Rural Development. "The sheer size exacerbated this project, and I understand their [the homeowners'] exasperation, but it's important for everyone to note that nothing ever goes exactly as planned."Twenty-seven homeowners are involved in the second phase of Tiebucker Estates, more than double the normal number of homeowners in a single project. A dozen homeowners moved into their new homes a little more than a week ago; the remaining homeowners should move in within two weeks.In the USDA's mutual self-help housing program, groups of eight to 10 low- and very low-income families or individuals work together under the guidance of a construction supervisor hired by a nonprofit housing developer — Northwest Montana Human Resources in this case.