Banking & Finance

Talmer Reports Net Income of $19.68 Million

TROY, Mich. – Talmer Bancorp Inc., parent of Talmer Bank and Trust, Wednesday reported first-quarter net income of $19.68 million, or diluted earnings of 28 cents a share. This compares to fourth-quarter net income of $13.11 million, or 19 cents a share, and year-ago quarter net income of $9.43 million, or 12 cents a share. […]

Cortland Reports Strong Earnings, 7¢ Cash Dividend

CORTLAND, Ohio – Cortland Bancorp, holding company of Cortland Banks, Tuesday reported first-quarter net income of $1.36 million, or 31 cents per share, a 19% increase over year-ago first-quarter net income of $1.15 million, or 25 cents a share. It was also a 25% increase over the net income Cortland reported for the fourth quarter […]

Dissidents Face Steep Climb to Sit on First Niles Board

NILES, Ohio – The annual meeting Wednesday afternoon of First Niles Financial Corp., holding company of the Home Federal Savings and Loan Co. of Niles, promises to be anything but routine. Lance Osborne, who owns 7% of its shares, and Steven Passov, a commercial real estate broker, seek to unseat the chairman of First Niles, […]

FNB Completes Fifth Third Branch Purchases

PITTSBURGH — First National Bank of Pennsylvania, the largest subsidiary of F.N.B. Corp., announced today that last Friday it completed its acquisition of 17 Fifth Third Bank branches  in Greater Pittsburgh. Through the transaction, F.N.B. said it has improved its Pittsburgh delivery channel, gaining critical mass and increasing both efficiency and access to new opportunities, […]

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