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Oneida Financial’s quarterly, annual earnings rise
ONEIDA — Earnings rose in the fourth quarter and for all of 2011 at Oneida Financial Corp. (NASDAQ: ONFC) as interest income and non-interest income both increased and credit quality improved. Oneida Financial, the parent company for the Oneida Savings Bank, reported fourth-quarter net income of $1.7 million, or 24 cents per share, up from $1.5 […]
Mang Insurance acquires agency in Montgomery County
FORT PLAIN — NBT Bancorp subsidiary Mang Insurance Agency, LLC has acquired Harvey-Triumpho Insurance Agency of Fort Plain. Going forward, the agency will do business
Berkshire Hills Bancorp profit jumps
Fourth-quarter earnings per share rose nearly 54 percent at Berkshire Hills Bancorp, Inc. (NASDAQ: BHLB), as the company generated organic growth and reaped the benefits
NBT profit dips in 4th quarter, but annual net income rises
NORWICH — NBT Bancorp, Inc. (NASDAQ: NBTB) closed out 2011 with the second-highest annual earnings in the company’s history, but saw its earnings slip in the fourth quarter. For the fourth quarter of 2011, NBT reported net income of $13.7 million, or 41 cents per share, down 4.9 percent from $14.4 million, or 42 cents,
NBT profit slips in 4th quarter, but annual net income rises
NORWICH — NBT Bancorp, Inc. (NASDAQ: NBTB) closed out 2011 with the second-highest annual earnings in the company’s history, but saw its earnings slip in the fourth quarter. For the fourth quarter of 2011, NBT reported net income of $13.7 million, or 41 cents per share, down 4.9 percent from $14.4 million, or 42 cents,
Coughlin & Gerhart opens consolidated Bainbridge office
BAINBRIDGE — Coughlin & Gerhart, L.L.P. has combined its Afton and Unadilla branches into one new location at 29 N. Main St. in Bainbridge in the former offices of attorney David DeClue. The new centrally located office will better serve clients in the tri-town area, company officials said in a news release, announcing the change.
New Ithaca-area BJ’s Wholesale Club opens
LANSING — BJ’s Wholesale Club, Inc. has opened a new Ithaca-area location in the village of Lansing. The store, which is 85,000 square feet, is
Speedy Awards relocates to Crossroads Plaza
NEW HARTFORD — Speedy Awards & Engraving, Inc. has a new home and plans to add some new products as the company’s owners work to continue the growth they generated in 2011. Speedy co-owners Anthony (Tony) and Lyn Taurisano, who are brother and sister, found out in September they would need to find a new
PAR completes sale of logistics-management subsidiary
NEW HARTFORD — PAR Technology Corp. (NYSE: PAR) completed the asset sale of its PAR Logistics Management Systems (PAR LMS) subsidiary to ORBCOMM, Inc. (NASDAQ: ORBC) on Jan. 12. The sale is valued at about $6 million in cash and ORBCOMM common stock, with the potential for an additional earn-out of $4 million. “We are
CVI takes over Sheltered Workshop services
BINGHAMTON — Johnson City–based Country Valley Industries (CVI) has taken over as service and contract provider for Sheltered Workshop’s location at 203 Court St. in Binghamton. “They were a long-standing organization that provided services to the same population we service,” says David Markie, vice president at CVI. When Sheltered Workshop decided not to continue services,
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