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Elmira Savings Bank to pay quarterly dividend of 15 cents a share on March 12
ELMIRA, N.Y. — The board of directors of Elmira Savings Bank (NASDAQ: ESBK) has declared a quarterly cash dividend of 15 cents a share on its common stock. The Elmira–based banking company will pay the dividend on March 12 to shareholders of record on March 4. Elmira Savings Bank, with $649 million in total assets, […]
SBA makes five changes to PPP loan rollout
The U.S. Small Business Administration (SBA) on Feb. 24 started implementing the first of five changes to the Paycheck Protection Program (PPP) that the Biden-Harris Administration says will promote “equitable relief for America’s mom-and-pop businesses.” The PPP is a forgivable-loan initiative that seeks to help small companies survive the economic dislocations of the COVID-19 pandemic. The
Chemung Financial to pay dividend of 26 cents on April 1
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 26 cents a share for the first quarter. The dividend is payable on April 1, to common stock shareholders of record as of the close of business on March 18. At the banking
Commerce Chenango to host economic-outlook event on Feb. 25
NORWICH, N.Y. — Commerce Chenango will host its annual economic-outlook briefing on Thursday, Feb. 25 in partnership with NBT Bank. The virtual event is scheduled
NBT Bancorp to pay quarterly dividend of 27 cents in mid-March
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that its board of directors has approved a first-quarter cash dividend of 27 cents a share. The dividend will be paid on March 15, to shareholders of record as of March 1. At NBT’s current stock price, the dividend yields about 3.05 percent on an
Pathfinder Bancorp reports profit, revenue rise in Q4
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, recently reported that its net income rose 4.5 percent to $1.95 million in the fourth quarter from $1.86 million in the year-ago quarter. The Oswego–based banking company generated earnings per share of 33 cents in the fourth quarter, up from 32 cents in
NBT Bank accepting applications for its management-development program
NORWICH, N.Y. — NBT Bank is currently accepting applications for its management-development program. The program prepares participants to assume mid-level professional roles with the bank
Tompkins Financial to pay Q1 dividend of 54 cents on Feb. 16
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors approved payment of a regular quarterly cash dividend of 54 cents a share for the first quarter. The dividend is payable on Feb. 16, to common shareholders of record as of Feb. 9. The dividend is the same amount the
NBT Bank profit rises 15 percent in fourth quarter
NORWICH, N.Y. — NBT Bancorp, Inc. (NASDAQ: NBTB) recently reported that its net income rose more than 15 percent to $34.2 million, or 78 cents a share, in the fourth quarter from just under $29 million, or 66 cents, in the year-ago period. Higher net interest income and a lower provision for loan losses, partly
Tioga State Bank demolishing a Binghamton property for future development
BINGHAMTON, N.Y. — Tioga State Bank (TSB) announced that it recently began to demolish a property on the south side of Binghamton that the bank
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