Banking & Finance

Update: Bank Rejects High Bid for Master Park Plaza

AUSTINTOWN, Ohio – Talmer Bank and Trust has rejected the high bid for a plaza it owns at the corner of state Route 46 and Silica Road that sits directly across from the new Hollywood Gaming at Mahoning Valley Race Course. The plaza, once home to Master Park Martial Arts, The Vitamin Shop, and a […]

Bank Rejects Winning Bid of Master Park Plaza

AUSTINTOWN, Ohio – Talmer Bank and Trust has rejected the winning bid for a plaza it owns at the corner of state Route 46 and Silica Road that sits directly across from the new Hollywood Gaming at Mahoning Valley Race Course. The plaza, once home to Master Park Martial Arts, The Vitamin Shop, and a […]

Boak’s $400K Bid Wins Auction of Master Park Plaza

AUSTINTOWN, Ohio – A plaza at the corner of state Route 46 and Silica Road that sits directly across from the new Hollywood Gaming at Mahoning Valley Race Course didn’t quite fetch the price auctioneers hoped for Thursday. The plaza, once home to Master Park Martial Arts, The Vitamin Shop, and a private fitness center, […]

Talmer Reports Second-Quarter Profit of $17.55M

TROY, Mich. – Talmer Bancorp Inc., holding company of Talmer Bank and Trust, Thursday reported second-quarter net income of $17.55 million, or 23 cents per diluted share. This compares to first-quarter net income of $9.43 million, or 12 cents per diluted share, and $20.61 million, or 27 cents per dilutes share, the quarter ended June […]

UCFC Ups Dividend, Cortland Keeps Its Payout

YOUNGSTOWN, Ohio – United Community Financial Corp. has increased its quarterly dividend to 2.5 cents per common share and Cortland Bancorp has maintained its six-cent per common share quarterly dividend. UCFC, holding company of The Home Savings and Loan Co. announced Tuesday that it will pay 2.5 cents per common share Aug. 18 to its […]

Foreclosure, Delinquency Rates Decline in Valley

YOUNGSTOWN, Ohio — Foreclosures in the Youngstown-Warren-Boardman metropolitan area in May were down nearly three-fourths of a percentage point from a year earlier, reports CoreLogic, a California-based provider of property information and analytics. The local foreclosure rate among outstanding mortgage loans in May was 1.77%, compared with 2.48% in May 2014. It also was down […]

First Niles Reports $24,000 2nd-Quarter Net Income

NILES, Ohio – First Niles Financial Inc., holding company of Home Federal Savings and Loan Association of Niles, reports second-quarter net income of $24,000, or two cents a share. This compares to first-quarter net income of $117,000, or 11 cents a share, and second-quarter 2014 net income of $122,000, or 11 cents a share. The […]

Cortland Bancorp Reports 2Q Net Income of $918,000

CORTLAND, Ohio – Cortland Bancorp, holding company of Cortland Savings and Banking Co., Friday reported second-quarter net income of $918,000, or 21 cents per share, and first half net income of $2.1 million, or 46 cents per share. First-quarter net income was $1.1 million, or 25 cents a share. Second-quarter 2014 net income was $1.0 […]

FNB Reports Record Revenues, Net Income

PITTSBURGH – F.N.B. Corp., parent of First National Bank of Pennsylvania, reported second-quarter net income available to common shareholders of $38.12 million, or 22 cents per common share. Total net income was $40.13 million. This compares to net income available to holders of common shares of $38.33 million the first quarter, or 22 cents a […]

Huntington Reports Record Second-Quarter Net Income

COLUMBUS, Ohio – Huntington Bancshares Inc., parent of Huntington Bank, Thursday reported second-quarter net income of $196.2 million, a record for any second quarter, or 23 cents per common share. The $196.2 million is $31.6 million higher than the net income reported a year ago and $300,000 above that reported for the first quarter. Earnings […]

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