Delisting of Securities of Security Bank Corporation From The NASDAQ Stock Market Aug 20, 2009
NEW YORK, Aug. 19, 2009 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market announced today that it will delist the common stock of Security Bank Corporation. Security Bank Corporation's stock was suspended on August 05, 2009 and has not traded on NASDAQ since that time. (Primezone Releases)
Security Bank Closes, State Bank Opens Jul 26, 2009
Federal and state regulators closed troubled Security Bank Corporation Friday afternoon, clearing the way for the Macon-based bank to reopen Saturday under new ownership. The banks reopened as branches of State Bank and Trust Company, headquartered in Pinehurst. (13WMAZ.com, GA)
FDIC: Security Bank Practices 'Unsafe and Unsound' Apr 28, 2009
Macon-based Security Bank Corporation says it has agreed to halt what federal regulators have called "unsafe and unsound banking practices.". A Federal Deposit Insurance Corp. order says the bank had too many "poor quality loans," "hazardous lending and lax collection," lacked adequate capital and was poorly managed. (13WMAZ.com, GA)
Security Bank Corporation Announces Information in Compliance With NASDAQ Marketplace Rule 4350 Mar 18, 2009
Source: Security Bank Corporation ... March 17, 2009 (GLOBE NEWSWIRE) -- Security Bank Corporation (NasdaqGS: - ) today announced in compliance with NASDAQ Marketplace Rule 4350(b)(1)(B) that it received an audit opinion containing a ``going concern'' modification for its Annual Report on Form 10K for the year ended December 31, 2008 ... Tony E. Collins, Security Bank Corporation's President and CEO commented, ``Given these times of unprecedented challenges for financial institutions, we remain... (Primezone Releases)