Local News

Thursday, January 29, 2015

CANFIELD, Ohio -- Today's "3 Minutes With" features Kevin J. Helmick, president and CEO of Farmers National Banc Corp. Helmick Farmers’ agreement to acquire National Bancshares Corp., holding company of First National Bank of Orville (READ STORY). "3 Minutes With" is a daily video feature produced by The Business Journal. To see who's interviewed every business day, CLICK HERE for our free daily headlines, emailed to your desktop as you start your day. Published by The Business Journal, Youngstown, Ohio. CLICK HERE to subscribe to our twice-monthly print edition and to our free daily email...

Thursday, January 29, 2015

CANFIELD, Ohio -- Farmers National Banc Corp., holding company of Farmers National Bank and Farmers Trust Co., Wednesday reported fourth-quarter net income of $2.15 million, or 12 cents a share, and full-year 2014 net income of $8.97 million, or 48 cents a share, 15.2% better than 2013. This compares to third-quarter net income of $2.28 million, or six cents a share, and fourth-quarter 2013 net income of $2.30 million, or 12 cents a share. Full-year 2013 net income was $7.78 million, or 41 cents a share. Said Kevin J. Helmick, president and CEO, in a prepared...

Thursday, January 29, 2015

WARREN, Ohio -- Lance Grahn, a history professor at the  University of Central Arkansas in Conway, Ark., has been named dean and chief administrative officer at Kent State University at Trumbull. Grahn, who was hired following a national search, will begin his duties July 1. “We are fortunate to have joining our Kent State family a professor, administrator and leader of Dr. Grahn’s caliber and experience,” said Todd Diacon, KSU’s senior vice president for academic affairs and provost. As a department chair, dean and provost, Grahn “has excelled at combining the...

Thursday, January 29, 2015

WASHINGTON – U.S. Reps. Bill Johnson and Tim Ryan are praising yesterday’s passage by the House of Representatives of House Resolution 351, Johnson’s legislation expediting the approval process of liquefied natural gas export permits. The legislation passed the House on a 277-133 vote. “America is experiencing an energy renaissance because of the oil and natural gas development occurring across eastern and southeastern Ohio, and throughout the United States," said Johnson, R-6 Ohio. "We’re now the world’s largest producer of natural gas, and because we have become so...

Thursday, January 29, 2015

BOARDMAN, Ohio -- The Davis Family YMCA is looking for adult cancer survivors to participate in the "LiveStrong at the YMCA" program LiveStrong at the YMCA is a 12-week small group program designed for adult cancer survivors who have become "de-conditioned or chronically fatigued from their treatment and/or disease," says Beth Scheller, the YMCA's vice president of strategic advancement. The program is offered without cost to the participants and runs from Feb. 2 to April 22, meeting Mondays and Wednesdays from 1 to 2:30 p.m. "This program fulfills the important need...

Wednesday, January 28, 2015

STATE COLLEGE, Pa. -- Rex Energy Corp. reported Tuesday that as of Dec. 31 it had increased its proved reserves by 57% in the Appalachian basin to 1.3 trillion cubic feet equivalent of natural gas, natural gas liquids and oil in the Marcellus and Utica shale plays. The bulk of these holdings are located in the company's Butler Operated Area in western Pennsylvania, the company said. Rex said the Butler Operated Area contains a total of 1.041 trillion cubic feet equivalent of proved reserves of oil, natural gas liquids and natural gas. Its Moraine East/Western...

Wednesday, January 28, 2015

YOUNGSTOWN, Ohio -- The office of U.S. Sen. Sherrod Brown, D-Ohio, will host an Affordable Care Act informational seminar Feb. 2 on the campus of Youngstown State University. The event will provide small business owners the opportunity to hear from officials with the Small Business Administration and the Internal Revenue Service and ask questions about the health-care law. The seminar, which will be held in Room 3418 of Williamson Hall, will run from 10 a.m. to noon, with registration beginning at 9:30 a.m. The event is free, but advance reservations are required and...

Wednesday, January 28, 2015

Author:  Dennis LaRue CANFIELD, Ohio – Farmers National Banc Corp. has agreed to pay $74 million in stock and cash for National Bancshares Corp., holding company for First National Bank of Orrville, Farmers and National Bancshares announced Tuesday afternoon. Farmers, which had $1.14 billion in assets at Sept. 30, is the parent of Farmers National Bank and Farmers Trust Co. National Bancshares had assets of $529.6 million at Dec. 31. Pro forma, the combined entity would increase the assets of Farmers roughly 46% to $1.67 billion and a...

Wednesday, January 28, 2015

YOUNGSTOWN, Ohio -- United Community Financial Corp., holding company of the Home Savings and Loan Co., Tuesday reported fourth-quarter net income of $2.81 million, or six cents a share, and full-year 2014 net income of $50.21 million, or $1 a share. Full-year income reflects the company’s recognition of $39.74 million of income tax benefit from the reversal of a deferred tax asset valuation reserve. The quarterly and yearly net income compare to third-quarter net income of $2.90 million, or six cents a share, and fourth-quarter 2013 income of $2.24 million, or four...

Wednesday, January 28, 2015

YOUNGSTOWN, Ohio -- Enrollment for spring semester is down at Youngstown State University, but the drop is less than anticipated, says the university's spokesman. Headcount for the semester that started two weeks ago is 12,315, down 4% from the 12,823 students enrolled during spring semester 2014, according to figures released Tuesday. “Fall 2014 semester enrollment was down more than 6%, so we anticipated a spring 2015 enrollment decline of about the same magnitude since spring enrollment traditionally closely follows fall,” says Ron Cole, YSU public information...

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