Banking & Finance

How to Develop a Cash-Flow Analysis

WASHINGTON – For small businesses, cash is king. You need it to start, operate, and expand your operations, but many small business owners often have trouble managing and maintaining cash. Inaccurate cash flow analysis – or lack of available cash – can affect the everyday operations of your business and your eligibility to receive a […]

5 Areas Where Small Business Makes Financing Mistakes

IRVINE, Calif. — When taking on financing as a small business, the correct course of action always hinges on answering this question: What are you trying to accomplish? Small businesses often miss the vital details when they assess whether to borrow, such as the full financing cost, the drain on their time, the opportunity costs […]

Bankers See Businesses Maintaining the Status Quo

YOUNGSTOWN, Ohio –- Owners of small businesses in the Mahoning Valley are doing well but have a sense of unease, say four community bankers who work closely with them. Yes, owners are taking out loans or signing leases to finance new equipment. And some manufacturers have the confidence to expand their plants or build new […]

Median Price, Home Sales Up in 3-County Region

YOUNGSTOWN, Ohio – Sue Filipovich, president of the Youngstown Columbiana Association of Realtors, is encouraged by the trends she sees in the Mahoning Valley real estate market. For the first five months of this year, key metrics for Mahoning, Trumbull and Columbiana counties paint a generally encouraging picture for the residential real estate market. Through […]

Median Price, Homes Sold Up in 3-County Region

YOUNGSTOWN, Ohio – Sue Filipovich, president of the Youngstown Columbiana Association of Realtors, is encouraged by the trends she sees in the Mahoning Valley real estate market. For the first five months of this year, key metrics for Mahoning, Trumbull and Columbiana counties paint a generally encouraging picture for the residential real estate market. Through […]

More Demand in Valley for Higher Priced Houses

YOUNGSTOWN, Ohio — Higher priced houses in the Mahoning Valley are on the move once again and enjoying a market not seen since the days before the Great Recession, real estate agents observe. “Consumer confidence is high, interest rates are still low, and gas prices are low,” notes Holly Ritchie, an agent for Keller Williams […]

Low Inventory, Low Rates: It’s a Seller’s Market

YOUNGSTOWN, Ohio — Marlin Palich hasn’t seen this market for residential properties in quite some time. Inventory is shrinking, houses are getting multiple offers and the competition for what’s available is driving selling prices above asking prices, he says. Palich is the Ohio division general manager for Northwood Realty Services, which has offices in Mahoning, […]

May House Sales Improve in Mahoning Valley

YOUNGSTOWN, Ohio – The number of houses sold in Mahoning, Trumbull and Columbiana counties in May was up 9.1% from the same period last year, and sales year-to-date are up 5% compared to the first five months of 2015. The latest monthly data reported by the Youngstown Columbiana Association of Realtors and the Warren Area […]

Farmers National Banc to Join Russell 3000 Index

CANFIELD, Ohio – Farmers National Banc Corp., holding company of Farmers Bank and Farmers Trust Co., will be added to the broad-market Russell 3000 Index June 27, Farmers announced Tuesday. Farmers’ inclusion in the index is based on the Russell U.S. Indexes’ annual reconstitution effective that date, according to a preliminary list of additions Russell […]

Cortland Banks Hires, Promotes 12 Employees

CORTLAND, Ohio – Cortland Banks has promoted, assigned additional responsibilities or hired 12 employees during the first half of the year, President and CEO James Gasior announced Monday. They are Stanley Magielski, Mark Taylor, David Bell, Kevin Culp, Ryan Skelly, Nate Marshall, Amy Manolio, Greg Stallman, Karen Jindra, Jacky Treharne, Michael Lipke and Juliana Marsco. […]

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