GlobeNewswire: The Savannah Bancorp, Inc. Contains the last 10 of 37 releaseshttp://www.globenewswire.com/External?Length=42024-03-29T09:17:22ZGlobeNewswirehttp://www.globenewswire.com/External?Length=4newsdesk@globenewswire.com (NewsDesk)https://www.globenewswire.com/news-release/2012/08/08/276003/10001371/en/The-Savannah-Bancorp-Inc-and-SCBT-Financial-Corporation-to-Merge.html?f=22&fvtc=4&fvtv=5384The Savannah Bancorp, Inc. and SCBT Financial Corporation to Merge2012-08-08T13:31:02Z<![CDATA[SAVANNAH, Ga. and COLUMBIA, S.C., Aug. 8, 2012 (GLOBE NEWSWIRE) -- The Savannah Bancorp, Inc. (Nasdaq:SAVB) and SCBT Financial Corporation (Nasdaq:SCBT) jointly announced today the signing of a definitive merger agreement under which SCBT will acquire The Savannah Bancorp, Inc. for a total value of approximately $67.1 million.]]>https://www.globenewswire.com/news-release/2012/07/31/275081/10000297/en/Savannah-Bancorp-Reports-Second-Quarter-Results.html?f=22&fvtc=4&fvtv=5384Savannah Bancorp Reports Second Quarter Results2012-07-31T21:00:00Z<![CDATA[SAVANNAH, Ga., July 31, 2012 (GLOBE NEWSWIRE) -- The Savannah Bancorp, Inc. (Nasdaq:SAVB) (the "Company") reported net income for the second quarter 2012 of $416,000 compared to a net loss of $1,492,000 for the second quarter 2011. Net income per diluted share was 6 cents in the second quarter 2012 compared to a net loss per diluted share of 21 cents in 2011. The quarter over quarter increase in earnings resulted primarily from decreases in losses on sales of foreclosed assets and in the provision for loans losses, which were partially offset by lower net interest income. Pretax core earnings decreased $668,000, or 15 percent, to $3,843,000 in the second quarter of 2012 compared to $4,511,000 in the second quarter of 2011. The quarter over quarter decrease in pretax core earnings resulted primarily from a decrease in net interest income. Net loss for the first six months of 2012 was $615,000 compared to a net loss of $1,366,000 for the same period in 2011. Other growth and performance ratios are included in the attached financial highlights.]]>https://www.globenewswire.com/news-release/2012/04/24/474152/253129/en/Savannah-Bancorp-Reports-First-Quarter-Results.html?f=22&fvtc=4&fvtv=5384Savannah Bancorp Reports First Quarter Results2012-04-24T20:30:00Z<![CDATA[SAVANNAH, Ga., April 24, 2012 (GLOBE NEWSWIRE) -- The Savannah Bancorp, Inc. (Nasdaq:SAVB) (the "Company") reported a net loss for the first quarter 2012 of $1,031,000 compared to net income of $126,000 for the first quarter 2011. Net loss per diluted share was 14 cents in the first quarter 2012 compared to net income per diluted share of 2 cents in 2011. The quarter over quarter decrease in earnings resulted primarily from an increase in loss on sales of foreclosed assets and in the provision for loans losses. Pretax earnings before the provision for loan losses and gain/loss on sale of securities and foreclosed assets decreased $167,000, or 3.8 percent, to $4,204,000 in the first quarter of 2012 compared to $4,371,000 in the first quarter of 2011. Other growth and performance ratios are included in the attached financial highlights.]]>https://www.globenewswire.com/news-release/2012/02/01/466864/244464/en/Savannah-Bancorp-Reports-Fourth-Quarter-and-Annual-Results.html?f=22&fvtc=4&fvtv=5384Savannah Bancorp Reports Fourth Quarter and Annual Results2012-02-01T21:30:00Z<![CDATA[SAVANNAH, Ga., Feb. 1, 2012 (GLOBE NEWSWIRE) -- The Savannah Bancorp, Inc. (Nasdaq:SAVB) (the "Company") reported a net loss for the fourth quarter 2011 of $2,034,000 compared to a net loss of $1,876,000 for the fourth quarter 2010. Net loss per diluted share was 28 cents in the fourth quarter 2011 compared to a net loss per diluted share of 26 cents in 2010. The net loss for 2011 was $2,172,000 compared to a net loss of $3,989,000 in 2010. Net loss per diluted share was 30 cents in 2011 compared to a net loss per diluted share of 60 cents in 2010. The decline in the net loss for 2011 was primarily due to an increase in the net interest margin and a decrease in the Company's provision for loan losses. Pretax earnings before the provision for loan losses and gain/loss on sale of securities and foreclosed assets increased $2,119,000, or 13 percent, to $17,884,000 in 2011 compared to $15,765,000 in 2010. Core earnings in the fourth quarter of 2011 declined slightly to $4,320,000 compared to $4,448,000 in the fourth quarter of 2010. Other growth and performance ratios are included in the attached financial highlights.]]>https://www.globenewswire.com/news-release/2011/10/18/458821/235224/en/Savannah-Bancorp-Reports-Third-Quarter-Earnings-of-1-228-000.html?f=22&fvtc=4&fvtv=5384Savannah Bancorp Reports Third Quarter Earnings of $1,228,0002011-10-18T16:45:00Z<![CDATA[SAVANNAH, Ga., Oct. 18, 2011 (GLOBE NEWSWIRE) -- The Savannah Bancorp, Inc. (Nasdaq:SAVB) ("SAVB" or the "Company") reported a net profit for the third quarter 2011 of $1,228,000 compared to a net loss of $1,563,000 for the third quarter 2010. Third quarter net income per diluted share was 17 cents in 2011 compared to a net loss per diluted share of 22 cents in 2010. The quarter over quarter increase in earnings resulted primarily from an increase in net interest income and a decrease in the Company's provision for loan losses and losses on the sale and write-down of foreclosed assets. Pretax earnings before the provision for loan losses and gain/loss on sale of securities and foreclosed assets increased $1,361,000, or 41 percent, to $4,682,000 in the third quarter 2011 compared to the third quarter 2010. Both of the Company's bank subsidiaries, Bryan Bank & Trust ("Bryan") and The Savannah Bank, N.A. ("Savannah"), were profitable in the third quarter, as was its registered investment advisory firm, Minis & Co., Inc. Net loss for the first nine months of 2011 was $138,000 compared to a net loss of $2,113,000 for the same period in 2010. Other growth and performance ratios are included in the attached financial highlights.]]>https://www.globenewswire.com/news-release/2011/07/28/452473/227854/en/Savannah-Bancorp-Reports-Second-Quarter-Results.html?f=22&fvtc=4&fvtv=5384Savannah Bancorp Reports Second Quarter Results2011-07-28T20:00:00Z<![CDATA[SAVANNAH, Ga., July 28, 2011 (GLOBE NEWSWIRE) -- The Savannah Bancorp, Inc. (Nasdaq:SAVB) reported a net loss for the second quarter 2011 of $1,492,000 compared to a net loss of $62,000 for the second quarter 2010. Net loss per diluted share was 21 cents in the second quarter of 2011 compared to a net loss per diluted share of 1 cent in 2010. The quarter over quarter decrease in earnings resulted primarily from an increase in the provision for loan losses and losses on the sale and write-down of foreclosed assets. These losses were partially offset by higher net interest income. Pretax earnings before the provision for loan losses and gain/loss on sale of securities and foreclosed assets increased $858,000 or 23 percent to $4,511,000 in the second quarter 2011 compared to the second quarter 2010. The Company's largest subsidiary, The Savannah Bank, N.A., continued to be profitable in the second quarter. Other growth and performance ratios are included in the attached financial highlights.]]>https://www.globenewswire.com/news-release/2011/04/19/444771/219174/en/Savannah-Bancorp-Reports-First-Quarter-Results.html?f=22&fvtc=4&fvtv=5384Savannah Bancorp Reports First Quarter Results2011-04-19T19:45:00Z<![CDATA[SAVANNAH, Ga., April 19, 2011 (GLOBE NEWSWIRE) -- The Savannah Bancorp, Inc. (Nasdaq:SAVB) reported net income for the first quarter 2011 of $126,000 compared to a net loss of $488,000 for the first quarter 2010. Net income per diluted share was 2 cents in the first quarter of 2011 compared to net loss per diluted share of 8 cents in 2010. The quarter over quarter increase in earnings resulted primarily from an increase in net interest income and a decrease in the provision for loan losses. Pretax earnings before the provision for loan losses and gain/loss on sale of securities and foreclosed assets were $4,371,000 in the first quarter 2011 compared to $4,343,000 in 2010. Other growth and performance ratios are included in the attached financial highlights.]]>https://www.globenewswire.com/news-release/2011/01/28/438704/212130/en/Savannah-Bancorp-Reports-Fourth-Quarter-and-Annual-Results.html?f=22&fvtc=4&fvtv=5384Savannah Bancorp Reports Fourth Quarter and Annual Results2011-01-28T14:10:32Z<![CDATA[
SAVANNAH, Ga., Jan. 28, 2011 (GLOBE NEWSWIRE) -- The Savannah Bancorp, Inc. (Nasdaq:SAVB) reported a net loss for the fourth quarter 2010 of $1,876,000 compared to net income of $762,000 in the fourth quarter 2009. Net loss per diluted share was 26 cents in the fourth quarter of 2010 compared to net income per diluted share of 13 cents in 2009. Net loss for 2010 was $3,989,000 compared to net income of $929,000 in 2009. Net loss per diluted share was 60 cents in 2010 compared to net income per diluted share of 16 cents in 2009. The decline in 2010 earnings results primarily from a higher provision for loan losses, lower gain on sale of securities and gain on hedges, partially offset by higher net interest income. Pretax earnings before the provision for loan losses and gain/loss on sale of securities and foreclosed assets were $15,765,000 in 2010 versus $14,596,000 in 2009. Core earnings were $4,448,000 in the fourth quarter 2010 compared to $3,835,000 in 2009.]]>https://www.globenewswire.com/news-release/2010/10/29/432907/205299/en/Savannah-Bancorp-Reports-Third-Quarter-Results.html?f=22&fvtc=4&fvtv=5384Savannah Bancorp Reports Third Quarter Results2010-10-29T18:45:00Z<![CDATA[SAVANNAH, Ga., Oct. 29, 2010 (GLOBE NEWSWIRE) -- The Savannah Bancorp, Inc. (Nasdaq:SAVB) reported a net loss for the third quarter 2010 of $1,563,000 compared to net income $346,000 in the third quarter of 2009. Net loss per diluted share was 22 cents in the third quarter of 2010 compared to net income per diluted share of 6 cents in 2009. The quarter over quarter decline in earnings results primarily from a higher provision for loan losses and higher loss on sale of foreclosed assets. Pretax earnings before the provision for loan losses and gain/loss on sale of securities and foreclosed assets were $3,321,000 in the third quarter 2010 compared to $3,607,000 in 2009. Other growth and performance ratios are included in the attached financial highlights.]]>https://www.globenewswire.com/news-release/2010/07/22/425650/197114/en/Savannah-Bancorp-Reports-Second-Quarter-Loss-of-62-000.html?f=22&fvtc=4&fvtv=5384Savannah Bancorp Reports Second Quarter Loss of $62,0002010-07-22T14:23:27Z<![CDATA[SAVANNAH, Ga., July 22, 2010 (GLOBE NEWSWIRE) -- The Savannah Bancorp, Inc. (Nasdaq:SAVB) reported a net loss for the second quarter 2010 of $62,000 compared to net income of $106,000 in the second quarter 2009. Net loss per diluted share was 1 cent in the second quarter of 2010 compared to net income per diluted share of 2 cents in 2009. The quarter over quarter decline in earnings results primarily from a higher provision for loan losses. Pretax earnings before the provision for loan losses and gain/loss on sale of securities and foreclosed assets were $3,653,000 in the second quarter 2010 compared to $3,946,000 in 2009. Other growth and performance ratios are included in the attached financial highlights.]]>