NEW YORK, June 16, 2014 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the semi-annual evaluation of the NASDAQ OMX ABA Community Bank Index (Nasdaq:ABQI), which will become effective prior to market open on Monday, June 23, 2014.
The following sixteen securities will be added to the Index: Bridge Capital Holdings (Nasdaq:BBNK), BNC Bancorp (Nasdaq:BNCN), BOK Financial Corporation (Nasdaq:BOKF), Popular, Inc. (Nasdaq:BPOP), Sierra Bancorp (Nasdaq:BSRR), Center Bancorp, Inc. (Nasdaq:CNBC), Clifton Bancorp Inc. (Nasdaq:CSBK), Meridian Interstate Bancorp, Inc. (Nasdaq:EBSB), First Bancorp (Nasdaq:FBNC), Kearny Financial Corp. (Nasdaq:KRNY), Pacific Continental Corporation (Nasdaq:PCBK), Preferred Bank (Nasdaq:PFBC), Peapack-Gladstone Financial Corporation (Nasdaq:PGC), Park Sterling Corporation (Nasdaq:PSTB), Sun Bancorp, Inc. (Nasdaq:SNBC) and Waterstone Financial, Inc. (Nasdaq:WSBF).
The Index is designed to track the performance of banks and thrifts, or their holding companies, listed on The NASDAQ Stock Market®. The Index is intended to serve as a benchmark for investment products by including the larger and more liquid community banks. The NASDAQ OMX ABA Community Bank Index is reviewed on a semi-annual basis. For more information about the NASDAQ OMX ABA Community Bank Index, including detailed eligibility criteria, visit https://indexes.nasdaqomx.com/.
As a result of the evaluation, the following four securities will be removed from the Index: First Connecticut Bancorp, Inc. (Nasdaq:FBNK), Horizon Bancorp (Nasdaq:HBNC), Merchants Bancshares, Inc. (Nasdaq:MBVT) and OmniAmerican Bancorp, Inc. (Nasdaq:OABC).
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The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular financial product or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any financial product or any representation about the financial condition of any company or fund. Statements regarding NASDAQ's proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
CONTACT: Media Contacts: Joseph Christinat, NASDAQ OMX +1.646.441.5121 Josh Machiz, NASDAQ OMX +22.214.171.12414 Issuer & Investor Contact: Natasha Selzer, NASDAQ OMX +1.301.978.8623