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2010
29th
July 2:13pm

TAXS.OB, TOWN, HEOP Financial Market Update From PennyOTC.


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TaxMasters: we solve your tax problems

 

TaxMasters Inc., (OTCBB:TAXS.OB) the IRS tax relief company, is the first publicly traded tax representation firm in the United States. Started by Patrick R. Cox in 2001, the company offers services and counsel to taxpayers across the country facing seemingly insurmountable tax problems, and relief from substantial federal tax debt. Employing over 300 people, TaxMasters leverages the expertise of ex-IRS agents, enrolled agents, attorneys, CPAs, and seasoned tax consultants ready to counsel and assist every day people with their specific tax issues.

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TowneBank (Nasdaq:TOWN) Hampton Roads based TowneBank reported net income of $6.88 million for the quarter ended June 30, 2010 representing a 8.72% increase over the $6.33 million earned in the comparative period of 2009. Earnings for the six month year to date period increased 15.30% to $14.91 million as compared to the $12.93 million earned in the same period last year.

For the second quarter, net income available to common shareholders increased 14.02% to $4.54 million after accretion and preferred dividend payments of $2.34 million. The bank’s common dividend payments totaled $2.34 million or $0.08 per share. Fully diluted earnings of $0.16 per share were unchanged from the second quarter of 2009 due to the issuance of 3,874,684 new common shares since June 30, 2009.

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Heritage Oaks Bancorp, (Nasdaq:HEOP), the holding company of Heritage Oaks Bank, will host a conference call on Thursday, August 5, 2010 at 8:00 a.m. Pacific Daylight Time to discuss its operating results for the quarter ending June 30, 2010, which will be released after the close of business on Wednesday, August 4, 2010. Interested parties can listen to the conference call by dialing (877) 312-8825 Conference ID: 91298358 or by webcast via Heritage Oaks Bancorp’s website at ww.heritageoaksbancorp.com under the “Investor Relations” section. Heritage Oaks Bancorp’s operating results press release for the second quarter 2010 will be available under the “Investor Relations” section of Heritage Oaks Bancorp’s website. A replay of the call will be available on Heritage Oaks Bancorp’s website later that day and will remain on its site for up to 14 calendar days.

Heritage Oaks Bancorp is the holding company for Heritage Oaks Bank which operates as Heritage Oaks Bank and Business First, a division of Heritage Oaks Bank. Heritage Oaks Bank has its headquarters plus one branch office in Paso Robles, two branch offices in San Luis Obispo, single branch offices in Cambria, Arroyo Grande, Atascadero, Templeton, San Miguel and Morro Bay and three branch offices in Santa Maria. Heritage Oaks Bank conducts commercial banking business in San Luis Obispo County and Northern Santa Barbara County. The Business First division has two branch offices in Santa Barbara.

 

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Crown Equity Holdings, Inc. (CRWE.OB) has previously received twenty four thousand dollars from Tax Masters Inc.(TAXS.OB) for 30 days of advertisement services. Crown Equity Holdings, Inc. (CRWE.OB) has received four thousand dollars from a third party (Marshall Curtis) for 30 days of advertisement services for Tax Masters Inc.(TAXS.OB).