Banking & Finance

Growth Report 2017: First National Bank Stays on Growth Path

Editor’s Note: The following story is from Growth Report 2017, published by The Business Journal. By Vincent J. Delie Jr., President and CEO, F.N.B. Corp. PITTSBURGH — F.N.B. Corp. again made tremendous strides in 2016, deepening its commitment to serving customers through advances in technology and expanding its footprint. Its largest affiliate, First National Bank […]

Top 15 Commercial Property Sales Total $16.6 Million

AUSTINTOWN, Ohio – Commercial real estate sales were exceptionally active in January with $16.6 million worth of transactions represented by the 15 highest sales of commercial properties in Mahoning, Trumbull and Columbiana counties. Among the properties that changed hands last month was the former Campus Health Care Center at 196 Colonial Drive in Youngstown, which […]

Growth Report 2017: PNC Bank Emphasizes Financial Education

Editor’s Note: The following story is from Growth Report 2017, published by The Business Journal. By Ted Schmidt, PNC Bank Youngstown Regional President YOUNGSTOWN, Ohio — A year ago, PNC Bank signed a 10-year contract with Youngstown State University that included a program for the bank to provide financial education to students and faculty. The […]

Growth Report 2017: PNC Bank Provides Financial Education

Editor’s Note: The following story is from Growth Report 2017, published by The Business Journal. By Ted Schmidt, PNC Bank Youngstown Regional President YOUNGSTOWN, Ohio — A year ago, PNC Bank signed a 10-year contract with Youngstown State University that included a program for the bank to provide financial education to students and faculty. The […]

Cortland Bank Capitalizes on Organic Growth Plan

Editor’s Note: The following story is from Growth Report 2017, published by The Business Journal. By James Gasior, President and CEO CORTLAND, Ohio — Cortland Bank ended a very successful 2016 having capitalized on our strategy of organic growth by offering innovative products, hiring talented bankers and expanding northward. The bank reported one of its […]

Premier Bank Becomes Home Savings Bank

YOUNGSTOWN, Ohio – United Community Financial Corp., holding company of Home Savings Bank, has completed its acquisition of Ohio Legacy Corp., holding company of Premier Bank & Trust, North Canton. Gary Small, president and CEO of UCFC and Home Savings, announced the completion Tuesday. “We are very pleased to welcome Premier employees and are looking […]

Huntington Reports Q4 Net Income of $212M

COLUMBUS, Ohio — Huntington Bancshares Inc., holding company of Huntington Bank, Wednesday reported fourth-quarter net income of $212 million, or 18 cents a common share, and full-year 2016 net income of $685 million, or 67 cents per common share. This compares to third-quarter net income of $127 million, or 11 cents a share, and year-ago […]

Farmers Banc Corp. Reports Record Annual Net Income

CANFIELD, Ohio – Farmers National Banc Corp. Wednesday reported fourth-quarter net income of $5.36 million, or 20 cents a share, and full-year 2016 net income of $20.56 million, or 76 cents a share, the latter a record. Farmers is the holding company of Farmers National Bank, Farmers Trust Co. and the Bowers Insurance Group. This […]

Cortland Bank CEO: ‘Most Profitable Year’ in Decade

CORTLAND, Ohio – Cortland Bancorp, holding company of Cortland Bank, Wednesday reported fourth-quarter net income of $1.14 million, or 26 cents a share, and full-year 2016 net income of $4.87 million, or $1.11 a share, its most profitable year in more than a decade. The board of directors raised the quarterly cash dividend to eight […]

UCFC Reports Q4 Net Income of $5.03M

YOUNGSTOWN, Ohio – United Community Financial Corp., holding company of Home Savings Bank, reports net income of $5.03 million for the quarter ended Dec. 31, or 10.7 cents per diluted share, and full-year net income of $18.83 million, or 39.9 cents per diluted share. Fourth-quarter net income compares to $5.15 million the third quarter, or […]

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