Jeffersonville Bancorp announces earnings
JEFFERSONVILLE, NY — Jeffersonville Bancorp, Inc. (OTCQB - JFBC) announced its second quarter net income of $1,264,000 or $0.30 per share compared …
JEFFERSONVILLE, NY — Jeffersonville Bancorp, Inc. (OTCQB - JFBC) announced its second quarter net income of $1,264,000 or $0.30 per share compared to $2,086,000 or $0.49 per share for the same quarter in 2019. The decrease in quarterly net income compared to 2019 of $822,000 was primarily attributable to a decrease in interest income of $836,000, a decrease in total non-interest income of $185,000 and an increase in the provision for loan losses of $150,000, partially offset by a decrease in income tax expense of $242,000 and a decrease in total non-interest expense of $97,000 compared to the same period in 2019.
A cash dividend in the amount of fifteen cents ($0.15) per share on the common stock of the company was declared at the August 11 meeting of the Board of Directors. The dividend is payable on Tuesday, September 1 to stockholders of record at the close of business on August 24.
Jeffersonville Bancorp is a one-bank holding company, which owns all the capital stock of Jeff Bank.
SULLIVAN COUNTY, NY — The Western Sullivan Public Library welcomes patrons into the library for various services as staff continues to reopen following safety and occupancy guidelines. As of August 11, patrons can call and make an appointment to browse the collections in the library for a 30-minute session once a day. Masks are required for entry and gloves are provided to anyone browsing the shelves. If you stop by without an appointment, we will try to accommodate you, but appointments will take priority.
Curbside pickup by appointment continues for patrons at all three branches. The library would like to thank Peck’s Markets in Callicoon and Jeffersonville for their donation of paper bags for our curbside service. For updates and more information, visit www.wsplonline.org or call the Jeffersonville (845/482-4350), Callicoon (845/887-4040), or Narrowsburg branch (845/252-3360).
SULLIVAN COUNTY, NY — The Sullivan County Chamber of Commerce has hosted its Pride Awards Gala for more than 26 years. The gala honors five individuals throughout the county for their community involvement and their contributions to the economic development in the county.
The five winners selected are Business Person of the Year, Distinguished Service to the County, Distinguished Achievement in the County, Young Emerging Leader and one Township Award. The winners will be honored at a ceremony that will take place in November of this year. A committee of past business-persons of the year and Chamber Board Members will review all nominations.
Deadline to submit a nomination is Tuesday, September 15. Submit a formal nomination letter to Sullivan County Chamber of Commerce at 196 Bridgeville Rd., Suite 7, Monticello, NY 12701. In the letter, identify the nominee, present their contact information and explain why they should be considered for one of the five awards
For more information, contact Jaime Schmeiser at firstname.lastname@example.org or call the office at 845/791-4200 ext. 4.
NARROWSBURG, NY — The Upper Delaware Council (UDC) presented checks for $12,123.09 to Westfall Township and $5,000 to Shohola Township to mark their completion of projects under two grant programs.
The Westfall Township Board of Supervisors opted to resurface and pave the 8,427 square foot parking lot at the Township Municipal Building property located at 102 LaBarr Ln. in Matamoras.
The UDC decided to share the proceeds of the grant administered by the PA Department of Community and Economic Development with its five PA member municipalities. Damascus, Berlin, Lackawaxen and Shohola Townships will also benefit from shares of the PA Grant, which has a completion deadline of December 31, 2021.
For more information, visit www.upperdelawarecouncil.org.
PIKE COUNTY, PA — The Pike County Commissioners have engaged Diana T. Myers and Associates, Inc., a housing and community development-consulting firm, to facilitate a strategic housing planning process for the county. The plan will identify the greatest unmet housing needs and establish priorities and strategies to address those needs in Pike County. An essential part of the process is soliciting input from community members as well as from housing and human service professionals.
The survey will take only a few minutes to complete and your answers will be confidential. The results will be incorporated into the plan and used to identify future housing plans and strategies.
An electronic version can be found at www.sgiz.mobi/s3/PikeCountyHousing-Survey.