Just four years after going public, a small Colorado thrift has gone nearly private again, voluntarily delisting from Nasdaq and deregistering with securities regulators.

Officials of $78 million-asset Morgan Financial Corp., Fort Morgan, are hoping that the moves will reduce regulatory costs by more than $40,000 a year and save the staff "lots and lots of time," said president and chief executive Michael M. Berryhill.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.