Stocks to Watch ? MSB Financial Corp. (MSBF) |

Stocks to Watch ? MSB Financial Corp. (NASDAQ: MSBF)

MSB Financial Corp. was established as a federally chartered company. It is a savings and loan holding company. Its loan portfolio comprises one to four-family residential real estate mortgages, commercial real estate mortgages, construction loans, commercial loans, home equity loans and lines of credit, and other consumer loans.

It acquires all of the capital stock that Millington Savings Bank (the Bank). This is a chartered stock savings bank and its deposits are insured by the Federal Deposit Insurance Corporation. Moreover, it is regulated by the New Jersey Department of Banking and Insurance and the Federal Deposit Insurance Corporation.

The Bank mainly focuses on attracting retail deposits from the general public and using those deposits, together with funds generated from operations, principal repayments on securities and loans and borrowed funds, for its lending and investing activities.

Lending Activities

Its lending activities are concentrated on the making of the following:

• One-to-four family loans
• Home equity loans
• Lines of credit.

It also provides financing for commercial real estate, such as multi-family dwellings/apartment buildings, service/retail and mixed-use properties, churches and non-profit properties, medical and dental facilities and other commercial real estate.

The Company also originates commercial and industrial loans. On the other hand, its consumer loans consist of auto loans, personal loans and account loans. Moreover, it originates fixed rate balloon mortgages with terms of 3 to 10 years.

On the other hand, its commercial real estate lending involves multi-family dwellings/apartment buildings, service/retail and mixed-use properties, churches and non-profit properties, medical and dental facilities and other commercial real estate.

The Bank?s construction and land acquisition loans are specially tailored for an owner-occupied residence or to a builder with a valid contract of sale. One of its main activities is providing financing for residential or commercial construction and development.

Securities Portfolio

Its securities portfolio is composed of the United States Government Agency, Government National Mortgage Association, Federal Home Loan Mortgage Corporation and Federal National Mortgage Association.

Sources of Funds

Deposits are the Company?s main source of funds for lending and other investment purposes. It also derives funds from loan and mortgage-backed securities principal repayments, and proceeds from the maturity and call of investment securities. The deposits involve checking and savings accounts, certificates of deposit and fixed or variable rate individual retirement accounts (IRA?s).

MSB Financial Corp. (NASDAQ: MSBF) 52 week:? 4.23 ? 6.11 Mkt cap: 26.71M Shares: 5.09M

Tags: MSB Financial, MSB Financial Corp., MSBF, Stocks to watch

Source: http://www.buypennystocks.com/penny-stocks-blog/stocks-to-watch-msb-financial-corp-msbf

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