Banking & Finance

Cortland Bancorp Named to Market’s Best-50 List

CORTLAND, Ohio – Cortland Bancorp, holding company of Cortland Savings and Banking Co., is on the inaugural OTCQX Best 50 list, James M. Gasior announced Wednesday. Gasior, president and CEO, said, “We are honored to be named one of the top ranking banks in the 2015 OTCQX Best 50. We strive to create shareholder value […]

Northeast Ohio Gas Prices Rise 4 Cents

PITTSBURGH – Gasoline prices in northeastern Ohio this week are up nearly four cents from a week ago, the East Central office of AAA reports. This week’s average price per gallon is $2.487, up from $2.450 last week but down from the $3.714 price per gallon the week of May 13. Among Mahoning Valley communities, […]

CoreLogic Analytics Find Area Home Prices Dip Slightly in March

YOUNGSTOWN, Ohio – Home prices in the Youngstown-Warren-Boardman metropolitan area declined by 0.8% in March compared to February, reports CoreLogic, a California-based provider of property information and analytics. On a month-over-month basis, home prices, including distressed sales, increased by 1.2% in March compared to February, according to CoreLogic. Excluding distressed sales, year-over-year prices declined by […]

Huntington Bank Is Tops in JD Power Survey

COLUMBUS, Ohio – For a third consecutive year, J.D. Power has ranked Huntington Bank first in the North Central region of its U.S. Retail Banking Survey of 23 banks, the bank announced Tuesday, This year’s results showed the bank scoring 835, seven points higher than a year ago, on Power’s 1,000-point scale. The survey showed […]

Community Health Systems Reports Q1 Results

FRANKLIN, Tenn. – Community Health Systems Inc. reports net operating revenues of $4.91 billion for the first quarter of 2015, an increase of 17.6% over the $4.18 billion reported for the first three months of 2014. The company, which operates ValleyCare Health System of Ohio in northeastern Ohio and Sharon Regional Health System in western […]

Tri-State 1st Banc Reports Earnings Up 19%

EAST LIVERPOOL, Ohio — Tri-State 1st Banc Inc., holding company for  1st National Community Bank, reports earnings of $179,210 for the first quarter, up $28,776 or 19% from earnings for the first quarter of 2014. Last year’s earnings include results from Gateminder Corp. and Cooper Insurance Agency Inc., which were sold at the end of […]

CEO Tells Shareholders UCFC Is Fulfilling Promises

YOUNGSTOWN, Ohio – United Community Financial Corp., holding company for the Home Savings and Loan Co., is showing more promise this year by keeping the promises it made last year. Its president and CEO, Gary M. Small, told shareholders Thursday that they can expect to see the bank enjoy “double-digit increases” in the growth of […]

Talmer Bancorp Reports Net Income of $9.44 Million

TROY, Mich. — Talmer Bancorp Inc., holding company of Talmer Bank and Trust, Thursday reported first-quarter net income of $9.44 million, or 13 cents per share and 12 cents per diluted share. This compares to fourth-quarter net income of $12.50 million, or 16 cents per diluted share, and first-quarter 2014 net income of $38.23 million, […]

Cortland Bancorp Reports $1.15 Million Net Income

CORTLAND, Ohio – Cortland Bancorp, holding company of Cortland Banks, Wednesday reported first-quarter net income of $1.15 million, or 25 cents a share. This compares to fourth-quarter net income of $543,000, or 12 cents a share, and first-quarter 2014 net income of $1.33 million, or 29 cents a share. Cortland also reported its board of […]

Trumbull United Way Launches Financial Education Program

WARREN, Ohio – United Way of Trumbull County is launching a partnership of financial institutions and nonprofits to help families and individuals manage money. The initiative, named the Trumbull County Partnership for Financial Empowerment, results from the United Way chapter surveying more than 40 local agencies. “There are families and individuals here in Trumbull County […]

Pages

Subscribe to RSS - Banking & Finance