Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Fourth-quarter slide doesn’t derail record full-year earnings at Chemung Financial
ELMIRA — The acquisition of Fort Orange Financial Corp. in the second quarter of last year helped push earnings at Chemung Financial Corp. to record
Peoples 4th-quarter profit slips, but annual earnings rise
HALLSTEAD, Pa. — Peoples Financial Services Corp. (Ticker: PFIS) recently reported that its profit in the fourth quarter fell from a year ago. But that
Solvay Bank earnings decline in fourth quarter, rise in full year
SOLVAY — Solvay Bank Corp., the holding company for Solvay Bank, earned $1.3 million in the fourth quarter, down $143,000 from the same period in
Pathfinder profit declines in fourth quarter, full year
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, earned $436,000, or 10 cents a share, in the fourth quarter, down
Mang Insurance acquires Fort Plain agency
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
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,
Tompkins Financial makes push into SE Pennsylvania market
ITHACA — Tompkins Financial Corp. (NYSE Amex: TMP) has some specific qualities it looks for in acquisitions, President and CEO Stephen Romaine says. “Things that are five or 10 years, short-lived, or things that are white hot,” Romaine explains. “Those are things that are not really on our radar screen.” Instead, the Ithaca–based banking company
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.