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Banking & Finance
F.N.B. Corp.’s 3rd-Quarter Net Income Is $35.4M
Thursday, October 23, 2014PITTSBURGH -- F.N.B. Corp., holding company of First National Bank of Pennsylvania, Wednesday reported $35.39 million in net income for the third quarter, $33.38 million of which is available to common shareholders, or 20 cents per common share.
This compares to $34.83 million net income the second quarter, $32.82 million available to common shareholders, or 20 cents per common share, and $31.63 million net income a year ago, before it issued preferred stock, or 22 cents per share.
Home Savings Names Tabor Trumbull Manager
Wednesday, October 22, 2014YOUNGSTOWN, Ohio -- The Home Savings and Loan Co. has named Nancy Tabor area manager for Trumbull County, Gary M. Small, president and CEO, announced Tuesday.
Tabor served as senior branch manager of both the Kirk Road and Newport Glen offices.
She joined Home Savings in 2012 and has served on the committee of Buy Into Youngstown and the Relay For Life of Niles, where she lives.
SBA Ranks Huntington Bank No. 1 Lender in US
Monday, October 20, 2014COLUMBUS, Ohio -- Huntington Bank reports it has become the largest Small Business Administration 7(a) lender in the United States for the fiscal year ended Sept. 30.
The bank made 4,183 loans that totaled $549 million in its six-state footprint, an increase of 37% over fiscal 2103 when it ranked third. Huntington has a presence in Ohio, western Pennsylvania, Michigan, central Indiana, northern Kentucky and northern West Virginia.
The parent of the bank, Huntington Bancshares Inc., has $64 billion in assets.
National Bancshares Reports Record 3Q Net Income
Monday, October 20, 2014ORRVILLE, Ohio -- National Bancshares, the holding company of First National Bank of Orrville, reports third-quarter net income of $1.59 million, or 72 cents per basic share, a record.
This compares to net income of $1.43 million, or 64 cents per basic share, the preceding quarter, and $1.04 million, or 47 cents, per basic share, the quarter ended June 30, 2013.
First National Bank has an office in Salem, one of 14 in northeastern Ohio.
Credit Unions Making More Loans, Adding Members
Thursday, October 16, 2014YOUNGSTOWN, Ohio -- Not only are credit unions in the Mahoning and Shenango valleys making more loans, predominantly auto financing, their members are building their savings accounts. Credit unions also report their credit quality is improving and that they’re adding new members, as they call their customers.