Your Community Bankshares Inc (YCB) was Downgraded by Hovde Group to ” Market Perform” and the brokerage firm has set the Price Target at $39.05. Earlier the firm had a rating of “Outperform ” on the company shares. Hovde Group advised their investors in a research report released on May 4, 2016.
In a different news, on Dec 9, 2015, Gary L Libs (director) purchased 870 shares at $31.24 per share price. According to the SEC, on Dec 3, 2015, Kerry M Stemler (director) purchased 792 shares at $30.00 per share price. On Dec 2, 2015, Wayne Estopinal R (director) purchased 1,375 shares at $30.99 per share price, according to the Form-4 filing with the securities and exchange commission.
Your Community Bankshares Inc. formerly Community Bank Shares of Indiana Inc. is a bank holding company. The Bank’s wholly owned banking subsidiaries include Your Community Bank (YCB) and The Scott County State Bank (SCSB) collectively referred to as the Banks and both are regulated by the Indiana Department of Financial Institutions and by the Federal Deposit Insurance Corporation (FDIC). YCB is also regulated by the Kentucky Department of Financial Institutions (with respect to its Kentucky branches) while SCSB is also regulated by the Federal Reserve. The Banks are state-chartered commercial banks. YCB has three wholly owned subsidiaries to manage its investment portfolio including CBSI Holdings Inc. and CBSI Investments Inc. which jointly owns CBSI Investment Portfolio Management LLC which holds and manages investment securities owned by the Bank.