NEW YORK, June 13, 2011 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today 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 20, 2011.
The following seventeen securities will be added to the Index: Bryn Mawr Bank Corporation (Nasdaq:BMTC), First Busey Corporation (Nasdaq:BUSE), Camden National Corporation (Nasdaq:CAC), Cass Information Systems, Inc. (Nasdaq:CASS), CoBiz Financial Inc. (Nasdaq:COBZ), Eagle Bancorp, Inc. (Nasdaq:EGBN), Financial Institutions, Inc. (Nasdaq:FISI), Great Southern Bancorp, Inc. (Nasdaq:GSBC), Hampton Roads Bankshares, Inc. (Nasdaq:HMPR), Rockville Financial, Inc. (Nasdaq:RCKB), Sun Bancorp, Inc. (Nasdaq:SNBC), 1st Source Corporation (Nasdaq:SRCE), State Bank Financial Corporation (Nasdaq:STBZ), StellarOne Corporation (Nasdaq:STEL), Tower Bancorp, Inc. (Nasdaq:TOBC), Union First Market Bankshares Corporation (Nasdaq:UBSH), and United Community Banks, Inc. (Nasdaq:UCBI)
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 five companies will be removed from the index: Bank Mutual Corporation (Nasdaq:BKMU), CenterState Banks, Inc. (Nasdaq:CSFL), Suffolk Bancorp (Nasdaq:SUBK), S.Y. Bancorp, Inc. (Nasdaq:SYBT), Westfield Financial, Inc. (Nasdaq:WFD).
The First Trust NASDAQ ABA Community Bank Fund (Nasdaq:QABA) seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of the NASDAQ OMX ABA Community Bank Index.
About NASDAQ OMX Global Index Group
NASDAQ OMX Global Index Group is engaged in the design, development, calculation, licensing, and marketing of NASDAQ OMX Indexes. NASDAQ OMX Global Index Group specializes in the development of indexes focusing on NASDAQ OMX's brand themes of innovation, technology, growth, and globalization. NASDAQ OMX Global Index Group also provides custom index services and design solutions as a third-party provider to selected financial organizations. For more information about NASDAQ OMX indexes, visit www.nasdaq.com/indexes.
About NASDAQ OMX Group
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,500 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. Please follow NASDAQ OMX on Facebook (http://www.facebook.com/pages/NASDAQ-OMX/108167527653) and Twitter (http://www.twitter.com/nasdaqomx).
CONTACT: NASDAQ Media Contact: Wayne Lee +1.301.978.4875 Wayne.D.Lee@NASDAQOMX.Com NASDAQ Issuer and Investor Contact: Lisa Chaney +1.301.978.8281 Lisa.Chaney@NASDAQOMX.Com