Farmers Declares 10-Cent Quarterly Dividend | August 16, 2019

CANFIELD, Ohio – The Farmers National Banc Corp. board of directors declared a quarterly cash dividend Thursday of 10 cents per share. The common stock cash dividend will have a record date of Sept. 13 and is payable to shareholders Sept. 30, according to a statement from the company. Farmers National Banc Corp. is the […]

CANFIELD, Ohio – The Farmers National Banc Corp. board of directors declared a quarterly cash dividend Thursday of 10 cents per share. The common stock cash dividend will have a record date of Sept. 13 and is payable to shareholders Sept. 30, according to a statement from the company. Farmers...

Mortgage Lenders See Surge in Refinancing | August 13, 2019

YOUNGSTOWN, Ohio — With mortgage rates sitting at their lowest in the last few years, mortgage lenders say now is the time to refinance – and customers are heeding their advice. Rates for a 30-year fixed mortgage are around 3.75% and 3.875%, down from as much as 4.75% this time last year. Homeowners are looking […]

YOUNGSTOWN, Ohio -- With mortgage rates sitting at their lowest in the last few years, mortgage lenders say now is the time to refinance – and customers are heeding their advice. Rates for a 30-year fixed mortgage are around 3.75% and 3.875%, down from as much as 4.75% this time...

To Understand Tax Law, Education is a Must: Roundtable | August 5, 2019

BOARDMAN, Ohio – Accountants knew that tax filings under the Tax Cuts and Jobs Act of 2017 would be different than many had ever seen before. Preparing for it meant plenty of reading, listening and reading again – often repeated several times throughout 2018 – for area accountants. “It’s just the most comprehensive tax update […]

BOARDMAN, Ohio – Accountants knew that tax filings under the Tax Cuts and Jobs Act of 2017 would be different than many had ever seen before. Preparing for it meant plenty of reading, listening and reading again – often repeated several times throughout 2018 – for area accountants. “It's just...

FNFI Reports 2nd-Quarter Income Rises 27.4% | August 3, 2019

NILES, Ohio – First Niles Financial Inc., the holding company of Home Federal Savings and Loan Association of Niles, reported net income of $121,000 for the second quarter of 2019, up 27.4% from the same period last year. Net interest income for the bank was $500,000 in the second quarter, even with same period a […]

NILES, Ohio – First Niles Financial Inc., the holding company of Home Federal Savings and Loan Association of Niles, reported net income of $121,000 for the second quarter of 2019, up 27.4% from the same period last year. Net interest income for the bank was $500,000 in the second quarter,...

Farmers Trust Co. Provides Q2 Investment Outlook | August 2, 2019

CANFIELD, Ohio — With the Federal Reserve changing its stance on raising interest rates the market is now responding, but Farmers Trust Co, is cautioning slowing growth and slowing inflation for the remainder of the year, according to a new investment outlook released by the company. The complete turnaround in monetary policy by The Federal […]

CANFIELD, Ohio -- With the Federal Reserve changing its stance on raising interest rates the market is now responding, but Farmers Trust Co, is cautioning slowing growth and slowing inflation for the remainder of the year, according to a new investment outlook released by the company. The complete turnaround in...

Farmers Reports 2Q Income of $8.5M | July 26, 2019

CANFIELD, Ohio – Farmers National Banc Corp. reports second-quarter net income of $8.5 million, a 6% increase from the same period last year. In addition, the holding company of Farmers National Bank, reported loans have increased 8.6% since the midpoint of 2018, now totaling $1.78 billion. “We continue to build on the momentum gained in […]

CANFIELD, Ohio – Farmers National Banc Corp. reports second-quarter net income of $8.5 million, a 6% increase from the same period last year. In addition, the holding company of Farmers National Bank, reported loans have increased 8.6% since the midpoint of 2018, now totaling $1.78 billion. “We continue to build...

Middlefield Bank Reports $6.3M Income in 2Q | July 25, 2019

MIDDLEFIELD, Ohio – Middlefield Banc Corp. reported second-quarter net income of $6.3 million, a 10% increase from the same period last year. “Our second quarter financial results demonstrate the strength of our financial model as earnings per diluted share increased 5.2% from the same period a year ago to a second quarter record of $1.01 […]

MIDDLEFIELD, Ohio – Middlefield Banc Corp. reported second-quarter net income of $6.3 million, a 10% increase from the same period last year. “Our second quarter financial results demonstrate the strength of our financial model as earnings per diluted share increased 5.2% from the same period a year ago to a...

UCFC Reports Record 2Q Income of $10.5M | July 24, 2019

YOUNGSTOWN, Ohio – United Community Financial Corp., the holding company of Home Savings Bank, reports record second-quarter income of $10.5 million, or diluted earnings per share of 21.5 cents. This surpasses out first-quarter net income of $8.6 million, or 17.7 centers per share, and the $9.5 million net income, or 19 cents per share, posted […]

YOUNGSTOWN, Ohio – United Community Financial Corp., the holding company of Home Savings Bank, reports record second-quarter income of $10.5 million, or diluted earnings per share of 21.5 cents. This surpasses out first-quarter net income of $8.6 million, or 17.7 centers per share, and the $9.5 million net income, or...

FNB Corp. Reports 2Q Income of $93.2M | July 23, 2019

PITTSBURGH – F.N.B. Corp., the parent company of First National Bank of Pennsylvania, reports second-quarter net income of $93.2 million, or 29 cents per diluted common share. This compares to net income of $83.2 million in the second quarter of 2018, or 26 cents per share, and $92.1 million in the first quarter of this […]

PITTSBURGH – F.N.B. Corp., the parent company of First National Bank of Pennsylvania, reports second-quarter net income of $93.2 million, or 29 cents per diluted common share. This compares to net income of $83.2 million in the second quarter of 2018, or 26 cents per share, and $92.1 million in...

Synergy Comp Receives A- Rating from AM Best | July 22, 2019

SHARON, Pa. – Synergy Comp Insurance Co. has been assigned a financial strength rating of A- by credit rating agency AM Best Co., as well as an “a-“ long-term issuer credit rating. AM Best categorized Synergy Comp as “very strong”, reflecting its strong operating performance, limited business profile and appropriate enterprise risk management. “The rating […]

SHARON, Pa. – Synergy Comp Insurance Co. has been assigned a financial strength rating of A- by credit rating agency AM Best Co., as well as an “a-“ long-term issuer credit rating. AM Best categorized Synergy Comp as “very strong”, reflecting its strong operating performance, limited business profile and appropriate...