Tranche Update on 1895 Bancorp of Wisconsin, Inc.'s Equity Buyback Plan announced on July 29, 2022.
May 12, 2023 at 03:56 pm EDT
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From January 1, 2023 to March 31, 2023, the company has repurchased 12,903 shares, representing 0.22% for $0.13 million. With this, the company has completed the repurchase of 309,821 shares, representing 4.99% for $3.29 million under the buyback announced on July 29, 2022.
1895 Bancorp of Wisconsin, Inc. is the savings and loan holding company for PyraMax Bank, FSB (PyraMax Bank). PyraMax Bank is a stock savings bank, which operates as a full-service financial institution, providing a full range of financial services, including the granting of commercial, residential, and consumer loans and acceptance of deposits from individual customers and small businesses in the metropolitan Milwaukee, Wisconsin, area. Its business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations, in one- to four-family residential real estate loans, commercial real estate loans (which includes non-owner occupied commercial real estate, multi-family, owner occupied commercial real estate and one- to four-family non-owner-occupied loans), commercial loans and consumer loans. It offers variety of deposit accounts, including checking accounts, savings accounts, and certificate of deposit accounts.