Cecil Bancorp Inc. (CECL)

[Renee]

CECL one for 100 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[Renee]

Cecil Bancorp Inc., CECL, added to the OTC:

http://otce.finra.org/DLAdditions

[Renee]

CECBQ: BK PLAN effective. All shares cancelled:

http://otce.finra.org/DLDeletions

[Renee]

CECB: effective Oct. 13,2017 CECB will change to CECBQ, bankruptcy:


http://otce.finra.org/DLSymbolNameChanges

[SaltyMutt]

Maybe it's time to take another look at CECB. Considering all that the bank has lived through....then just maybe they'll live for many moons more.

A few things have improved with CECB.

http://banktracker.investigativereportingworkshop.org/banks/maryland/elkton/cecil-bank/

[Dejake1]

HUGE BOOST TO CECIL COUNTY ECONOMY IS HERE!!

This will be great news for Cecil Bank!!

http://www.delawareonline.com/story/money/business/2017/02/10/cecil-county-verge-job-boom/97331692/

[56Chevy]

BREAKING DOWN 'SEC Form 15'

When a company files an SEC Form 15, it usually means one of two things. It may mean that a company is ceasing to exist in a publicly-traded form, either returning to privately-held status or going out of business altogether. Alternatively, it may mean that a company is simply canceling a certain class of securities, replacing them with another class.

http://www.investopedia.com/terms/s/sec-form-15.asp?lgl=no-infinite

[56Chevy]

Assets down by $64MM
Deposits down by $57MM
Loans down by $36MM
Capital down by $3.7MM
...and a whopping 20% of all Assets are troubled.

The only positive note is Net Income at the holding company level was positive by a mediocre $3K. That was the first time in several years they didn't post a quarterly loss.

https://cdr.ffiec.gov/public/Reports/UbprReport.aspx?rptCycleIds=95%2c85%2c86%2c81%2c76&rptid=283&idrssd=813572&peerGroupType=&supplemental=

The bank continues to be in distress.

FD: I hold no shares at this time.

Marker:
Cecil Bancorp, Inc. (CECB)
0.26 0.0 (0.00%)
Volume: 0

*pps may be up YoY however it was done on little to no volume. Book value remains negative.

[Dejake1]

WOW. From the latest quarterly report. Cecil bank
has turned a PROFIT!!

What a turn around in just 1 year since the new Ceo took
over. This stock is way undervalued at only 30 cents.

Not for long I bet....

[Dejake1]

Actually, if you do some digging through the public
bank records, Cecil Bank has drastically cut its quarterly
loss since this time last year. For example, in the June 30, 2015
call report I believe they show a 1.3M net loss for Q2

Flash forward to the first quarter of this year and the loss was
reduced to approx 400K. Now the latest report shows a loss
Of just over 200K for Q2 2016.

Hopefully that's a trend. If so, this low stock price
will be a gift going forward.

Seems like a great turnaround team in place too.

IMHO

[56Chevy]

HOW HEALTHY IS THIS BANK? In a word - toxic.

CECB's woes continue into their 7th year running. It's astonishing to me the bank hasn't been closed down by regulators.

http://banktracker.investigativereportingworkshop.org/banks/maryland/elkton/cecil-bank/

Q1 of 2015 the bank had a loss of (-$1.326MM)

https://cdr.ffiec.gov/public/Reports/UbprReport.aspx?rptCycleIds=82%2c78%2c81%2c76%2c72&rptid=283&idrssd=813572&peerGroupType=&supplemental=

Marker:
Cecil Bancorp, Inc. (CECB)
$0.07 0.0 (0.00%)
Volume: 0

[Renee]

CECB: Form 15; Terminated Registration under the 34 Act; Added to NBB (CECB)

http://www.otcbb.com/asp/dailylist_detail.asp?d=01/03/2014&mkt_ctg=OTCBB

[Pierrocks]

Cool. I will come on board then. Thanks!

-Pier

[afxm]

Pier, we need another mod on Nok.... don't know what happened to Woven

[Pierrocks]

Latest 10q

http://biz.yahoo.com/e/131114/cecb10-q.html

-Pier

[Pierrocks]

Nice! Good things are right around the corner.

-Pier

[BlueDragon]

Okay, I'm #4...

[Pierrocks]

Hey check it out I am now the 3rd person following this board. lol

-Pier

[Pierrocks]

Yep we need take advantage of these bargain basement prices while we can!

-Pier

[BlueDragon]

Yes sir, hopefully I can get a tasty entry point....

[Pierrocks]

Whats up Blue. I think things going to start happening around here soon. The new CEO has a very impressive resume.

Going to start loading the boat soon!

-Pier

[BlueDragon]

Yo Pier, what's up over here in CECB land???

[56Chevy]

Net Income for Q1/2013 was a (loss) -$717K

Basic and diluted net loss per share $ (0.13 )

As of March 31, 2013 and December 31, 2012, the Bank exceeded all applicable capital requirements to be classified as a well-capitalized institution under the rules promulgated by the Federal Reserve. Designation as a well-capitalized institution under these regulations does not constitute a recommendation or endorsement by the Bank’s regulators.

*CECB is making the glacial migration towards getting their nose above water like many many of its peers but it's far from being out of the woods. Book Value is negative and yet Mr. Market has it at .44. It's been unreal to me how investors will support a sick bank like CECB and yet be unwilling to buy banks with stellar positive earnings and be selling at a discount! (BNCC comes to mind)... Go figure.

*I don't know if FMAR still holds 24.9% of CECBs' stock...I haven't looked into it and probably won't at this time ":~|

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74195620

[56Chevy]

Marker - $.44 pps as of 4/29/2013

*The bank remains in serious financial trouble. Who cares? Anyone holding FMAR might take it into consideration...they own 24.9% of CECB :~O

[56Chevy]

Marker - $.76 pps as of 2/12/2013

*The bank remains in serious financial trouble. Can seizure & closure be far behind in 2013??

[vpagano]

< Message deleted because it was fixed by Chevy :p >

-Not sure how posts are deleted without a moderator!

PS: Chevy got your PM and have a short story to respond with, will email then.

[56Chevy]

This graph doesn't tell the whole financial health story but it gives you a quick visual when compared to peer sized banks.

http://banktracker.investigativereportingworkshop.org/banks/maryland/elkton/cecil-bank/

*More info is needed as it relates to FMAR.

[56Chevy]

Cecil still owes TARP

http://articles.baltimoresun.com/2012-11-16/business/bs-bz-tarp-20121109_1_tarp-troubled-asset-relief-program-maryland-banks

[56Chevy]

Cecil Bancorp is #234 on the (older but still fairly reliable) Troubled Bank List as of 9/30/2011.

First Mariner Bancorp, who just obtained 24.9% of CECB common stocks through the collection process of a defaulted loan, is #187 on that list.

Two very sick banks in need of recapitalization...although FMAR is showing signs of life and recording it's first profittable qtr in 5 years today...stock is up 23% on the news. The question is - will they find more help from outside investors...and soon?

http://bankimplode.com/list/troubledbanks.htm

* I do not own shares of CECB nor FMAR.

[56Chevy]

A 5 year chart on CECB shows a slow steady decline in pps.

Stock Trading History of Sposato Charles F

The following table details the trading activities (stock purchases, stock sales, and stock option exercises) reported to the Securities and Exchange Commission (SEC) by insider Sposato Charles F since year 2005. The trader's CIK number is 1050689. At the time of this reporting, Sposato Charles F is the Chairman of the Board of Cecil Bancorp Inc . (stock ticker symbol CECB). See this page for all insider trading activities at Cecil Bancorp Inc .

Stock purchases, sales, and option exercises reported by insider Sposato Charles F since 2005.

Trade Date Co Name (Issuer) Trade Type Shares Price($) Value ($)
2011-03-24 CECB Cecil Bancorp Inc Purchase 100 2.11 211
2011-04-07 CECB Cecil Bancorp Inc Purchase 1,000 2.01 2,009
2011-04-07 CECB Cecil Bancorp Inc Purchase 1,500 2.05 3,074
2010-11-02 CECB Cecil Bancorp Inc Purchase 300 1.73 519
2010-10-21 CECB Cecil Bancorp Inc Purchase 400 1.82 728
2010-09-27 CECB Cecil Bancorp Inc Purchase 600 1.78 1,068
2010-09-20 CECB Cecil Bancorp Inc Purchase 200 2.05 409
2010-09-01 CECB Cecil Bancorp Inc Purchase 1,000 2.03 2,029
2010-05-18 CECB Cecil Bancorp Inc Purchase 1,000 2.51 2,510
2010-05-18 CECB Cecil Bancorp Inc Purchase 3,187 2.43 7,753
2010-05-07 CECB Cecil Bancorp Inc Purchase 349 2.73 952
2010-05-10 CECB Cecil Bancorp Inc Purchase 500 2.72 1,360
2010-05-03 CECB Cecil Bancorp Inc Purchase 500 2.72 1,360
2010-04-28 CECB Cecil Bancorp Inc Purchase 1,000 3.01 3,010
2010-01-27 CECB Cecil Bancorp Inc Purchase 3,875 2.80 10,838
2010-01-21 CECB Cecil Bancorp Inc Purchase 239 2.89 690
2010-01-12 CECB Cecil Bancorp Inc Purchase 110 3.09 339
2010-01-05 CECB Cecil Bancorp Inc Purchase 190 3.05 579
2009-12-29 CECB Cecil Bancorp Inc Purchase 100 2.85 285
2009-12-24 CECB Cecil Bancorp Inc Purchase 100 3.10 310
2009-12-23 CECB Cecil Bancorp Inc Purchase 1,500 3.01 4,515
2009-12-18 CECB Cecil Bancorp Inc Purchase 200 3.50 700
2009-12-11 CECB Cecil Bancorp Inc Purchase 100 4.00 400
2009-10-30 CECB Cecil Bancorp Inc Purchase 113 3.90 440
2009-10-22 CECB Cecil Bancorp Inc Purchase 100 3.90 390
2009-10-20 CECB Cecil Bancorp Inc Purchase 100 3.90 390
2009-10-13 CECB Cecil Bancorp Inc Purchase 100 3.80 380
2009-09-28 CECB Cecil Bancorp Inc Purchase 100 4.50 450
2009-09-17 CECB Cecil Bancorp Inc Purchase 1,000 3.95 3,950
2009-08-25 CECB Cecil Bancorp Inc Purchase 2,000 3.80 7,600
2009-07-28 CECB Cecil Bancorp Inc Purchase 2,000 3.99 7,976
2009-06-30 CECB Cecil Bancorp Inc Purchase 300 4.20 1,260
2009-06-03 CECB Cecil Bancorp Inc Purchase 100 4.25 425
2009-05-26 CECB Cecil Bancorp Inc Purchase 1,300 4.35 5,654
2009-05-13 CECB Cecil Bancorp Inc Purchase 110 4.65 511
2009-04-24 CECB Cecil Bancorp Inc Purchase 400 4.57 1,828
2009-04-13 CECB Cecil Bancorp Inc Purchase 363 4.75 1,723
2009-04-03 CECB Cecil Bancorp Inc Purchase 100 5.05 505
2009-03-24 CECB Cecil Bancorp Inc Purchase 2,200 8.00 17,600
2008-07-01 CECB Cecil Bancorp Inc Purchase 416 8.22 3,419
2008-06-11 CECB Cecil Bancorp Inc Purchase 116 8.50 986
2008-06-11 CECB Cecil Bancorp Inc Purchase 77 8.50 654
2008-05-28 CECB Cecil Bancorp Inc Option Exercise 4,008 6.00 24,048
2008-05-27 CECB Cecil Bancorp Inc Purchase 103 8.90 916
2008-04-09 CECB Cecil Bancorp Inc Purchase 500 8.50 4,250
2008-04-07 CECB Cecil Bancorp Inc Purchase 1,000 8.75 8,750
2008-04-07 CECB Cecil Bancorp Inc Purchase 1,000 8.75 8,750
2008-04-07 CECB Cecil Bancorp Inc Purchase 1,000 8.75 8,750
2008-03-27 CECB Cecil Bancorp Inc Purchase 121 9.00 1,089
2008-02-28 CECB Cecil Bancorp Inc Purchase 229 9.00 2,061
2008-01-30 CECB Cecil Bancorp Inc Purchase 207 8.70 1,801
2008-01-23 CECB Cecil Bancorp Inc Purchase 100 8.75 875
2008-01-08 CECB Cecil Bancorp Inc Purchase 100 8.75 875
2007-11-09 CECB Cecil Bancorp Inc Purchase 3,396 9.47 32,160
2007-11-20 CECB Cecil Bancorp Inc Purchase 500 9.50 4,750
2006-05-23 CECB Cecil Bancorp Inc Purchase 11,211 14.00 156,954
2006-01-11 CECB Cecil Bancorp Inc Purchase 200 15.50 3,100
2005-12-14 CECB Cecil Bancorp Inc Purchase 65,000 14.40 936,000
2005-05-25 CECB Cecil Bancorp Inc Purchase 15,377 18.90 290,686

The Chairman of the Board [Sposato] bought approx. 133,197 shares since 2005 for a total of approx $1,587,694 which brings his average paid per share to approx $11.92.

Surely he can't be happy with the Bank performance to date!! wow.

Todays (4/11/2012) closing price was $.65 which means his $1.587Million dollar investment is now worth $86,578. Ouch. Hopefully he turns this train around!

http://www.insider-monitor.com/trader/cik1050689.html

* I do not own any shares of CECB and don't plan to anytime soon.

[56Chevy]

- Statement of Ownership (SC 13G)

http://ih.advfn.com/p.php?pid=nmona&article=51931244

[56Chevy]

FMAR Clarifies Acquisition of 24.9% of Cecil Bancorp (4/09/12)

1st Mariner Bancorp (OTCBB: FMAR), parent company of 1st Mariner Bank, is clarifying the circumstances of 1st Mariner Bank's acquisition of 1,848,115 shares, or 24.9%, of Cecil Bancorp's common stock. The shares were obtained through the collection process of a defaulted loan. 1st Mariner Bank is not pursuing an acquisition of Cecil Bancorp. 1st Mariner Bank has no intention of exercising its ownership position to influence Cecil Bancorp's board of directors or management in the performance of their responsibilities.

This news release was in response to the following item in the Baltimore Business Journal:

http://www.bizjournals.com/baltimore/blog/morning-edition/2012/04/first-mariner-acquires-25-share-of.html


* PPS of CECB on 4/9/2012 was $.90

** I do not own shares of CECB nor do I plan to anytime soon

.