Rochester, NY 9/1/2009 7:32:35 AM
News / Business

Abington Bancorp Inc. ABBC,Down 0.86% after yesterdays market closed

Abington Bancorp Inc.

Abington Bancorp, Inc. is the holding company for Abington Bank. Abington Bank is a Pennsylvania-chartered, FDIC-insured savings bank which was originally organized in 1867. Abington Bank conducts business from its headquarters and main office in Jenkintown, Pennsylvania as well as twelve additional full service branch offices and seven limited service banking offices located in Montgomery, Bucks and Delaware Counties, Pennsylvania. As of June 30, 2009, Abington Bancorp had $1.18 billion in total assets, $757.1 million in deposits and $227.9 million in stockholders' equity.

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Last Trade:      8.08
Day's Range:    8.01 - 8.29
52wk Range:    5.88 - 12.40
Change:          Down 0.07 (0.86%)
Volume:           194,877
Avg Vol (3m):    55,823.1

About Abington Bancorp Inc.


Abington Bancorp, Inc. is a stock holding company for Abington Savings Bank (the Bank). The Bank provides automated teller machine (ATM) at all of its banking offices and also has two off-site ATMs. The Bank provides on-line banking and telephone banking services, deposits, and loans and securities. The Bank is a wholly owned subsidiary of the Company. The Bank’s principal sources of funds are deposits, repayments of loans and mortgage-backed securities, maturities of investments and interest-bearing deposits, funds provided from operations and funds borrowed from outside sources such as the Federal Home Loan Bank (FHLB). The funds are primarily used for the origination of various loan types including single-family residential mortgage loans, construction loans, non-residential or commercial real estate mortgage loans, home equity loans, commercial business loans and consumer loans.

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