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How Long Should You Keep Financial Documents?

PITTSBURGH – As you get your financial records in order, it’s important to think through how to keep and store your most important documents, but also know what you can shred, according to PNC Bank’s senior wealth strategist Jim Benedict. “Actually, many people hold on to documents for much longer than they need to,” reports […]

PITTSBURGH – As you get your financial records in order, it’s important to think through how to keep and store your most important documents, but also know what you can shred, according to PNC Bank’s senior wealth strategist Jim Benedict. “Actually, many people hold on to documents for much longer...

Cortland Bancorp Reports 2017 Net Income of $4.35M

CORTLAND, Ohio – Cortland Bancorp, holding company of Cortland Bank, Monday reported fourth-quarter net income of $21,000, or one cent per share, after recording a tax reform write-down in its deferred tax asset value of $1.2 million, or 28 cents per share. The company also reported a full-year net income of $4.35 million, or 99 cents […]

CORTLAND, Ohio – Cortland Bancorp, holding company of Cortland Bank, Monday reported fourth-quarter net income of $21,000, or one cent per share, after recording a tax reform write-down in its deferred tax asset value of $1.2 million, or 28 cents per share. The company also reported a full-year net income of...

Economic Optimism Fuels Middle Market: Survey

PROVIDENCE, R.I. – Interest among middle market companies in both buying and selling has increased significantly in the past year, fueled by rising valuations, economic optimism and an ongoing drive to find growth, according to the seventh annual Citizens Commercial Banking Middle Market M&A Outlook. The bank’s survey of 400 business leaders shows a boost […]

PROVIDENCE, R.I. – Interest among middle market companies in both buying and selling has increased significantly in the past year, fueled by rising valuations, economic optimism and an ongoing drive to find growth, according to the seventh annual Citizens Commercial Banking Middle Market M&A Outlook. The bank’s survey of 400...

Even Experts Are Unclear about Effects of Tax Reform

BOARDMAN, Ohio – Two CPAs extremely knowledgeable about the Tax Cuts and Jobs Act passed last month – Jim Rosa and Nick Demetrios – said the Republicans’ tax legislation, conducted in haste and secrecy, leaves many questions they can’t answer. Rosa and Demetrios, principals in HBK CPAs and Consultants, conducted a two-hour overview Tuesday afternoon […]

BOARDMAN, Ohio – Two CPAs extremely knowledgeable about the Tax Cuts and Jobs Act passed last month – Jim Rosa and Nick Demetrios – said the Republicans’ tax legislation, conducted in haste and secrecy, leaves many questions they can’t answer. Rosa and Demetrios, principals in HBK CPAs and Consultants, conducted...

UCFC Reports 2017 Net Income of $21.8M

YOUNGSTOWN, Ohio – United Community Financial Corp., holding company of Home Savings Bank, reports net income of $4.50 million for the quarter ended Dec. 31, or nine cents per diluted share, and full-year net income of $21.80 million, or 43 cents per diluted share. Fourth-quarter net income compares to $7.56 million the third quarter, or […]

YOUNGSTOWN, Ohio – United Community Financial Corp., holding company of Home Savings Bank, reports net income of $4.50 million for the quarter ended Dec. 31, or nine cents per diluted share, and full-year net income of $21.80 million, or 43 cents per diluted share. Fourth-quarter net income compares to $7.56...

Huntington 4Q Net Income Increases to $432 Million

COLUMBUS, Ohio — Huntington Bancshares Inc., holding company of Huntington Bank, Tuesday reported fourth-quarter net income of $432 million, or 37 cents a common share, and full-year 2017 net income of $1.2 billion, or $1 per common share. This compares to third-quarter net income of $275 million, or 23 cents a share, and an 81% […]

COLUMBUS, Ohio — Huntington Bancshares Inc., holding company of Huntington Bank, Tuesday reported fourth-quarter net income of $432 million, or 37 cents a common share, and full-year 2017 net income of $1.2 billion, or $1 per common share. This compares to third-quarter net income of $275 million, or 23 cents...

FNB Corp. Reports 4Q Net Income of $22 Million

first national bank hermitage pa

PITTSBURGH – F.N.B. Corp., parent of First National Bank of Pennsylvania, Tuesday reported fourth-quarter net income of $22.11 million, or seven cents per diluted common share, and full-year 2017 net income of $191.16 million, or 63 cents per share. This compares to third-quarter net income of $75.68 million, or 23 cents per common share, and […]

PITTSBURGH – F.N.B. Corp., parent of First National Bank of Pennsylvania, Tuesday reported fourth-quarter net income of $22.11 million, or seven cents per diluted common share, and full-year 2017 net income of $191.16 million, or 63 cents per share. This compares to third-quarter net income of $75.68 million, or 23...

F.N.B. Corp. Will Increase Hourly Minimum Wage to $15

PITTSBURGH, Pa. – F.N.B. Corp., the holding company of First National Bank of Pennsylvania, will increase its hourly minimum wage to $15 by the end of 2019, accelerating an ongoing initiative. The raise was part of the announcement Thursday of “a financial commitment to both its employees and the communities it serves relating to the signing […]

PITTSBURGH, Pa. – F.N.B. Corp., the holding company of First National Bank of Pennsylvania, will increase its hourly minimum wage to $15 by the end of 2019, accelerating an ongoing initiative. The raise was part of the announcement Thursday of "a financial commitment to both its employees and the communities it...

2017 House Sales Up 3.4% in Mahoning Valley

YOUNGSTOWN, Ohio – House sales in the Mahoning Valley rose 3.4% from 2016, despite a year-over-year dip in the number of units sold in Mahoning County. According to data released by the Youngstown Columbiana Association of Realtors and the Warren Area Board of Realtors Wednesday, sales of houses in Mahoning, Trumbull and Columbiana counties in […]

YOUNGSTOWN, Ohio – House sales in the Mahoning Valley rose 3.4% from 2016, despite a year-over-year dip in the number of units sold in Mahoning County. According to data released by the Youngstown Columbiana Association of Realtors and the Warren Area Board of Realtors Wednesday, sales of houses in Mahoning,...

PNC Reports Record Full-Year Net Income of $5.4B

PITTSBURGH — PNC Financial Services Group today reported fourth-quarter net income of $2.091 billion, or $4.18 per diluted common share, and full-year net income of $5.388 billion, or $10.36 per diluted share. Fourth-quarter net income compares to $1.126 billion the third quarter, or $2.16 per diluted share, and fourth-quarter 2016 income of $1.047 billion, or […]

PITTSBURGH — PNC Financial Services Group today reported fourth-quarter net income of $2.091 billion, or $4.18 per diluted common share, and full-year net income of $5.388 billion, or $10.36 per diluted share. Fourth-quarter net income compares to $1.126 billion the third quarter, or $2.16 per diluted share, and fourth-quarter 2016...