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 onMonday, 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.
