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Local Car Sales Down to Start Year

Cruze Sales Drop Again, Automakers Start Year Down

YOUNGSTOWN, Ohio – Auto sales in the Mahoning Valley started 2018 on the same down note as the rest of the industry as 4,518 new and used vehicles were sold, according to data from the Greater Cleveland Automobile Dealers Association, down 7.9% from a year earlier. New-car sales in Mahoning, Trumbull and Columbiana counties totaled […]

YOUNGSTOWN, Ohio – Auto sales in the Mahoning Valley started 2018 on the same down note as the rest of the industry as 4,518 new and used vehicles were sold, according to data from the Greater Cleveland Automobile Dealers Association, down 7.9% from a year earlier. New-car sales in Mahoning,...

Identify Warning Signs of Tax Refund Identity Theft

tax refund identity theft

PITTSBURGH — Data breaches in recent years – large and small – have served millions of personal data points to criminals, including names, addresses, Social Security numbers and email addresses. This type of personal information is valuable during tax season, when attempts are made to use stolen Social Security numbers to file fraudulent tax returns […]

PITTSBURGH — Data breaches in recent years – large and small – have served millions of personal data points to criminals, including names, addresses, Social Security numbers and email addresses. This type of personal information is valuable during tax season, when attempts are made to use stolen Social Security numbers...

House Sale Prices Up Locally, Nationwide

YOUNGSTOWN, Ohio – House prices in the Youngstown-Warren metropolitan area in December – including distressed sales — were up 6.4% from a year earlier, an industry index reported Tuesday. Irvine, Calif.-based CoreLogic Inc. reported that the sale price of houses on a month-over-month basis, also including distressed sales, increased by 0.4% in December compared to […]

YOUNGSTOWN, Ohio – House prices in the Youngstown-Warren metropolitan area in December – including distressed sales -- were up 6.4% from a year earlier, an industry index reported Tuesday. Irvine, Calif.-based CoreLogic Inc. reported that the sale price of houses on a month-over-month basis, also including distressed sales, increased by...

First National Bank Expands Commercial Services in D.C.

WASHINGTON – First National Bank, the largest subsidiary of F.N.B. Corp., announced today the expansion of its commercial and business banking services in Washington, D.C. The company’s growing efforts in the nation’s capital include the addition of government contracting expertise, as well as extended focus within its Business Banking group. To build out its government […]

WASHINGTON – First National Bank, the largest subsidiary of F.N.B. Corp., announced today the expansion of its commercial and business banking services in Washington, D.C. The company's growing efforts in the nation's capital include the addition of government contracting expertise, as well as extended focus within its Business Banking group....

Sale of Salem Chrysler Dealer Tops January’s Deals

SALEM, Ohio — Two commercial real estate transactions in Salem top The Business Journal’s compilation of the largest deals last month in the Mahoning, Trumbull and Columbiana counties. Leading the list is the purchase Jan. 11 by Al Armour and his brother J.R. of the Salem Chrysler Dodge Jeep Ram store, now operating as Wally […]

SALEM, Ohio -- Two commercial real estate transactions in Salem top The Business Journal’s compilation of the largest deals last month in the Mahoning, Trumbull and Columbiana counties. Leading the list is the purchase Jan. 11 by Al Armour and his brother J.R. of the Salem Chrysler Dodge Jeep Ram...

Farmers Banc Corp. Reports 2017 Net Income of $22.71M

CANFIELD, Ohio – Farmers National Banc Corp., holding company of Farmers Bank and Farmers Trust Co., Wednesday reported fourth-quarter net income of $5.23 million, or 19 cents a share, and full-year 2017 net income of $22.71 million, or 82 cents a share, a 10.5% increase from the full-year 2016 net income of $20.56 million, or […]

CANFIELD, Ohio – Farmers National Banc Corp., holding company of Farmers Bank and Farmers Trust Co., Wednesday reported fourth-quarter net income of $5.23 million, or 19 cents a share, and full-year 2017 net income of $22.71 million, or 82 cents a share, a 10.5% increase from the full-year 2016 net...

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...