Business Briefs 8/23/18

Posted 8/22/18

Yoga International one of ‘fastest growing’ HONESDALE, PA — Yoga International, a leading provider of online yoga content, has been recognized on Inc.’s 2018 500|5000 list as …

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Business Briefs 8/23/18

Posted

Yoga International one of ‘fastest growing’

HONESDALE, PA — Yoga International, a leading provider of online yoga content, has been recognized on Inc.’s 2018 500|5000 list as the 122nd fastest-growing private company in the United States. Between 2015 and 2018, Yoga International has grown revenue by 3,152.7% and expanded its team to 35 full-time employees and more than 100 yoga teachers and writers who provide classes, articles, online courses and trainings for members.

Over the past 12 months, Yoga International has collaborated with expert teachers to expand its class offerings to include more prenatal, beginner, body positive, functional movement and accessible yoga classes, as well as classes specifically focused on common injury prevention, yoga therapy and deep relaxation. It has also partnered with organizations such as Yoga of 12 Step Recovery (Y12SR), Yoga Medicine, and Warriors at Ease to produce specialized educational courses and teacher trainings in the areas of addiction recovery, trauma-informed yoga, restorative yoga and yoga anatomy.

Because Yoga International is one of the top 500 organizations on the list, their name will be included in the print addition of Inc. magazine. Leading members of Yoga International have been invited to a celebratory event in San Antonio, TX later this year. For more information about Yoga International, visit: https://yogainternational.com/.

Earnings for Jeff Bancorp

JEFFERSONVILLE, NY — Jeffersonville Bancorp, Inc. has announced second-quarter net income of $1,743,000 or $0.41 per share compared to $1,293,000 or $0.31 per share for the same quarter in 2017. The increase in quarterly net income compared to 2017 of $450,000 was primarily attributable to an increase in interest earned on loans of $239,000 and an increase in interest on excess reserves at the Federal Reserve Bank of $210,000.

“We are very pleased with the company’s performance this year. Net income is up for the quarter by 35% and year to date by 22% compared to the same period one year ago. While income tax reform has helped us retain more of our earnings, income before taxes is up nearly $500,000 or 14% year to date,” said George W. Kinne Jr., president and CEO.

A cash dividend in the amount of 15 cents per share on the common stock of the company was declared and will be payable on September 5 to stockholders of record at the close of business on August 28.

honesdale, yoga international, jeffersonville, jeff bancroft

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