First Advantage Bancorp releases 2014 Earnings statement
February 14, 2015
Clarksville, TN – First Advantage Bancorp (OTCQX: FABK), the holding company of First Advantage Bank, announced net income of $3.252 million for the year ended December 31st, 2014, up 6.0% from $3.068 million in 2013. Basic and diluted earnings per share were $0.86 and $0.80, respectively, compared to $0.78 and $0.73, respectively, in 2013.
Net income for the fourth quarter 2014 was approximately $1 million compared to $1.2 million for the fourth quarter of 2013. The decrease in net income was primarily attributed to lower mortgage-related fee income. [Read more]
First Advantage Bancorp announces 43 percent increase in Quarterly Cash Dividends
January 28, 2015
Clarksville, TN – The Board of Directors of First Advantage Bancorp (OTC QB: FABK), the holding company of First Advantage Bank, has declared an increase in quarterly dividends paid to shareholders to $0.10.
The change represents a 43 percent increase from the previous dividend rate of $0.07. The higher dividend represents a 4% annual return on the original $10/share price.
The cash dividend will be paid on or about February 16th, 2015 to shareholders of record on February 5th, 2015. [Read more]
First Advantage Bank brings in Christy Caudill to it’s Executive Team
January 6, 2015
Veteran Nashville Banking Executive Returns as EVP and COO
Clarksville, TN – First Advantage Bank announced that Christy Caudill has joined its leadership team as Executive Vice President and Chief Operations Officer. Caudill will oversee the bank’s operations, including deposit operations, loan administration, retail, information technology systems and facilities.
Caudill worked at First Federal Savings Bank (now First Advantage Bank) from 2005 to 2010 in the IT and operations areas.
Christy Caudill
First Advantage Bank donates iPads to P.I.E. Partner Barksdale Elementary
August 19, 2014
Clarksville, TN – Barksdale Elementary School is kicking off the school year right with the help of Partner in Education, First Advantage Bank. New Apple iPads and an Apple charging station have been donated to the school.
Barksdale Elementary class with iPads donated by First Advantage Bank.
First Advantage Bank names Scott Gupton Senior Vice President of Operations
August 19, 2013
Clarksville, TN – First Advantage Bank has welcomed Scott Gupton as Senior Vice President of Operations.
The 20-year banking veteran will manage the overall operations, technology and security at the bank’s corporate headquarters and seven locations in the mid-state, reporting to CFO Jerry Cooksey.
Scott Gupton
First Advantage Bank promotes Michael Rye to Assistant Vice President of Commerical Business Banking
August 1, 2013
Clarksville, TN – First Advantage Bank has promoted Michael Rye to Assistant Vice President, Commercial Business Banking, strengthening the bank’s growing commercial lending team in Clarksville.
Michael Rye
First Advantage Bank launches Small Business Lending Division to meet growing Local Demand
May 9, 2013
Aggressive Bank Expands Niche Offerings in Nashville Commercial Lending Office
Nashville, TN – First Advantage Bank continues to expand its array of commercial products and services in Nashville with the launch of a small business lending division.
The group is led by local veteran business banker and SBA specialist Michael Croom and will provide SBA loans and other customized lending services for Nashville area small businesses.
SBA specialist Michael Croom
First Advantage Bank to go Private
April 24, 2013
Growing Bank Leaving NASDAQ Stock Market to Fuel Strategic Plans
Clarksville, TN – The board of directors for First Advantage Bancorp, the holding company for Clarksville-based First Advantage Bank, has approved a move to leave the NASDAQ Stock Market and take the bank private.
The organization will utilize SecondMarket, the leading alternative to the public markets, to facilitate stock transactions and shareholder communications. The company expects the move to create more shareholder value, allow the management team to focus on strategic plans for ongoing growth, and dramatically reduce its administrative costs. [Read more]
Bowl for Kids’ Sake Benefiting Big Brothers Big Sisters of Clarksville
February 5, 2013
Clarksville, TN – Big Brothers Big Sisters is recruiting teams for their 31st annual Bowl for Kids’ Sake. The annual fundraiser has brought the Clarksville community together to raise funds for the non-profit’s mentoring programs for many years. This event is expected to raise $80,000 for Big Brothers Big Sisters of Clarksville.
The event will kick off on Tuesday March 5th, 2013 at The Pinnacle with the Banker’s Challenge. Area banks have competed to raise the most funds for Big Brothers Big Sisters by raising money among the branches. [Read more]
First Advantage Bank releases new Mobile Banking App
January 26, 2013
Latest Innovation Offers Control, Convenience to Tech-Savvy Customers
Clarksville, TN – First Advantage Bank continues to expand its offerings with a new, innovative suite of financial products and services for smartphone users.
The multifunctional FAB Mobile Banking suite is now available for free to anyone with a First Advantage Bank account. The suite offers three ways for users to access accounts including a Mobile Banking App, Mobile Texting, and Mobile Web Browser. [Read more]
