Banking & Finance
YOUNGSTOWN, Ohio -- United Community Financial Corp., holding company of Home Savings and Loans Co., Wednesday reported net income for the quarter ended Sept. 30 of $2.9 million, or six cents a share. This compares to $42.4 million, or 84 cents per share, for the second quarter and $1.72 million, or three cents a share, for the third quarter of 2013.
UCFC also reported its board of directors declared a cash dividend of a penny per share payable Nov. 14 to shareholders of record at the close of business Nov. 3.
CANFIELD, Ohio -- Farmers National Banc Corp., holding company of Farmers National Bank and Farmers Trust Co., Wednesday reported third-quarter net income of $2.28 million, or 12 cents a share.
This compares to second-quarter net income of $2.35 million, or 13 cents a share, and third-quarter 2013 net income of $1.61 million, or nine cents a share.
The third-quarter 2013 results “included $1.3 million in severance expenses related to terminated employees,” Farmers said.
PITTSBURGH -- 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.
YOUNGSTOWN, 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.
COLUMBUS, 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.
- Home Savings Names Tabor Trumbull Manager - October 22, 2014
- SBA Ranks Huntington Bank No. 1 Lender in US - October 20, 2014
- National Bancshares Reports Record 3Q Net Income - October 20, 2014
- Credit Unions Making More Loans, Adding Members - October 16, 2014
- September, YTD House Sales Off Slightly from 2013 - October 15, 2014
- US Business Increases Spending for Domestic Travel - October 14, 2014
- Farmers National Bank Enhances Online, Mobile - October 13, 2014
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