Stewardship Financial Corporation (NASDAQ:SSFN) Files An 8-K Other Events
Item 8.01
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Other Events
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Corporation) the parent corporation of Atlantic Stewardship Bank,
issued a press release announcing the closing of its underwritten
public offering of 2,509,090 shares of the Corporations common
stock, including 327,272 shares issued to a full exercise of the
underwriters over-allotment option, at a price to the public of
$8.25 per share, for an aggregate gross proceeds of approximately
$20.7 million. A copy of the press release issued by the Company
is attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
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Item 9.01
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Financial Statements and Exhibits.
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(d)
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Exhibits
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April 17, 2017.
About Stewardship Financial Corporation (NASDAQ:SSFN)
Stewardship Financial Corporation is a one-bank holding company for Atlantic Stewardship Bank (the Bank). The Company’s principal business is the ownership and supervision of the Bank. The Company, through the Bank, conducts commercial banking business and offers deposit services, including personal and business checking accounts and time deposits, money market accounts and regular savings accounts. It engages in a range of lending activities and offers commercial, consumer, residential real estate, home equity and personal loans. Its investment portfolio has been classified as securities held to maturity and securities available-for-sale. Its primary sources of funds are deposits, amortization and prepayments of loans and mortgage-backed securities, maturities of investment securities and funds provided by operations. The Bank’s subsidiaries include Stewardship Investment Corporation, Atlantic Stewardship Insurance Company, LLC and Stewardship Realty, LLC, among others. Stewardship Financial Corporation (NASDAQ:SSFN) Recent Trading Information
Stewardship Financial Corporation (NASDAQ:SSFN) closed its last trading session up +0.12 at 8.52 with 3,881 shares trading hands.
