Paris, Ill.
First Farmers Financial Corp. reports earnings of $6.13 million
First Farmers Financial Corp. has released its June 30 report of financial performance.
The company reported record earnings of $6.13 million for the six months ended June 30, an increase of 18.1 percent over the same period in 2011. The company’s return on average assets was 1.24 percent for the first half of 2012 while return on average equity was 15.49 percent. As of June 30, total equity surpassed $80 million, an increase of 14.3 percent from June 30, 2011, while total assets increased to $1.1 billion reflecting the successful acquisition of First Citizens of Paris (Ill.), former holding company of Citizens National Bank, completed May 1. Earnings per share for the company for the first six months of the year were $3.46 with dividends paid of $0.68 for the same period.
First Farmers Financial Corp. is the holding company of First Farmers Bank & Trust-Co., a $1.1 billion asset bank based in Converse operating 24 banking locations in Indiana and Illinois.
Terre Haute
CoWorx Staffing Services opens
location in Terre Haute
CoWorx Staffing Services has opened a new branch at 2800 Poplar Street in Terre Haute.
CoWorx has been providing staffing services since 1974 through its branch offices located throughout the United States. CoWorx provides complete workforce management solutions from temporary labor to strategic workforce partnerships.
“We are excited to be a part of Vigo County’s business community and look forward to developing strong partnerships within the county,” said Michael Epstein, CoWorx’ CEO. “This new office is part of our multi-stage plan to expand in key locations throughout the United States.”
The CoWorx Terre Haute office is in the lower level of the Meadows Shopping Center and will be headed by Stefani Lintzenich, who will serve as the operations manager.
A grand opening ceremony is planned for 11:30 a.m. Tuesday to include a special ribbon cutting ceremony with the Terre Haute Chamber of Commerce and an appearance from Mayor Duke Bennett.
Terre Haute
‘Power of Diversity’ workshop
coming up at Vigo library
The Indiana Civil Rights Commission’s “The Power of Diversity-Fair Housing” workshop is scheduled for Aug. 17 at the Vigo County Public Library at One Library Square.
The schedule of events is as follows:
• 8:15-8:45 a.m. — registration and continental breakfast
• 8:55 a.m. — welcome and opening remarks
• 9-10 a.m. — Fair Housing Overview (1.0 CEU Credits); instructor Joshua Brewster — deputy director and chief legal counsel Indiana Civil Rights Commission — this session will include a general overview of the Fair Housing Act (Title VIII of the Civil Rights Act of 1968); and Fair Housing Amendments Act. This overview will include the historical context of legislation, discriminatory acts and penalties. This will include theories of discrimination, items of specific prohibition and definitions and exemptions.
• 10-10:45 a.m. — Expanding Fair Housing-Part I (2.0 CEU Credits); instructor Merilyn D. Brown — attorney adviser, Office of Fair Housing and Equal Employment U.S. Department of Housing and Urban Development
• 10:45-11 a.m. — break
• 11-12:15 p.m. — expanding Fair Housing-Part II — This segment of the training will give an in-depth look at the Fair Housing Administration’s obligation to due process as it relates to providing fair housing options to diverse populations. It will also include the enforcement process and recent legal updates.
• 12:15-12:30 p.m. — closing remarks and workshop wrap-up
Sessions will repeat in the afternoon from 2-5 p.m.
Business
BUSINESS BRIEFS: Aug. 5, 2012
- Business
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‘500’ gas stations being sold to Speedway LLC
After several decades in business, the area’s familiar “500” gasoline stations and convenience stores will soon be missing from the roadsides of Vigo and Sullivan counties.
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Business Cents: Customers and companies: Sugar goes further than vinegar
Working with companies for more than decade I am still shocked to learn how not only companies react to customers but also how rude customers can be to companies.
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SOCIAL SECURITY: Can’t work because of disability? Let us help
Disability is something most people don’t like to think about. But if you’re not able to work because you have a disabling condition that is expected to last at least one year or result in death, then it’s a subject you may not be able to avoid.
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Naysayers should treat good news as good news
I like to complain as much as anybody else. In truth, I may do more than my share of finding fault and wagging a finger in warning. Nonetheless, I’m tired of commentators (including many economists) who find nothing good and only the darkest clouds for the past few months.
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All mothers appreciate extra help
Think of all the times and ways that your mom has helped you over the years — when you were a child, and after you became an adult. With Mother’s Day upon us, now is a good time to pay mom back with a little Extra Help — with her Medicare prescription drug costs.
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Upcoming meetings
The Terre Haute Chamber of Commerce is hosting a health care reform seminar for businesses from 2 to 3:30 p.m. on Tuesday at Old National Insurance at 925 Wabash Ave., suite 200.
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Indiana ranked best place to do business in Midwest
Indiana was ranked as the best place to do business in the Midwest and the fifth best nationwide in a survey of more than 500 chief executives by Chief Executive magazine.
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First Farmers rated among top 100 community banks
First Farmers Bank & Trust of Converse was named one of the 100 top-performing community banks for 2012 by SNL Financial.
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Newsmakers: May 12, 2013
Employer Support of the Guard and Reserve has recognized John Thompson, president of Thompson Thrift Construction, and Paul Thrift, president of Thompson Thrift Development, as “Patriotic Employers.”
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On the Move: May 12, 2013
Stacey Joseph, a realtor in Terre Haute, has earned the Certified Residential Specialist designation by the Council of Residential Specialists, the largest not-for-profit affiliate of the National Association of Realtors.
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Chamber lauds four with Business Recognition Awards
Congratulations to our Business Recognition Awards winners! Our Awards Luncheon at the Meadows Banquet and Conference Center was a great event to wrap up Business Recognition Week, sponsored by Union Hospital. At the Luncheon we recognized four local businesses as the 2012 Business Recognition Award winners:
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ISU students provide detailed grocery analysis
As the National Cooperative Grocers Association makes business decisions in the coming years, the organization likely will take into account an analysis of some of its competitors – about 4,000 of them.
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Construction firm holding grand opening in Marshall on Friday
Construction, H&H LLC is holding a grand opening and Marshall Chamber of Commerce ribbon cutting ceremony on Friday at 812 N. Second St. in Marshall, Ill.
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AP Source: Subaru to expand Indiana plant
Subaru plans to expand its Indiana factory and add workers to build the Impreza small car in 2016, a person briefed on the matter says.
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Transit proposals can prove to be game changers
After baseball, my favorite TV watching is the government channel. Here I can see the local government in action or local government inaction.
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On the Move: May 5, 2013
Melissa Schollaert, RDH, HHP, has been added as a counselor of holistic health and nutrition at The Maple Center for Integrative Health.
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ISU set to offer financial planning program in 2014
When Indiana State University junior Jennifer Groth began scheduling classes last semester, she planned them out by thinking of an academic program the university does not yet offer. Groth will be one of the inaugural students in the financial planning program that ISU will begin to offer in spring 2014.
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Newsmaker: May 5, 2013
Gov. Mike Pence announced the appointment of Jessica Robertson to commissioner of the Indiana Department of Administration, a role she will begin on Wednesday.
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U.S. Postal Service opens village office in Worthington
The U.S. Postal Service officially opened the 40th Village Post Office in the Greater Indiana District on Monday in Worthington.
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How consistent is your business?
There are six areas in which consistency is critical in the majority of companies. Too often, business owners feel as they are “chasing down” rather than “leading it along.” If you can get a high level of consistency with your standards and practices, then your company will benefit.
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Good time to try Spanish online service
Cinco de Mayo is May 5 — a time to celebrate Mexican heritage and pride. Why not join the celebration by visiting Social Security’s Spanish website, where you’ll find a number of useful services and a wealth of information in Spanish.
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First Financial’s net income up 3 percent
First Financial Corp. has announced results for its quarter that ended March 31. The Corp.’s net income increased 3.4 percent to $7.7 million, compared to $7.4 million for the same period of 2012.
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Curtain goes up on new theater owner
The Indiana Theatre in downtown Terre Haute is under new ownership with a new purpose.
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Indiana Theatre SOLD!
The Indiana Theatre at 683 Ohio St. is sold.
Rob Lundstrom, who owns the Copper Bar and Louise’s, took possession of the historic downtown theatre on April 25. -
Higher education completion rates questioned
Spring is really here. Baseball is being played, the Cubs are already tragic and Faye of the Forest reappeared on the back deck. She was parked on the railing as I sat down to write this column.
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Vectren Corp. awards $2.3 million in grants
Vectren Corp. has announced that it awarded more than $2.3 million in 2012 through the Vectren Foundation and corporate contributions.
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Hard work, good attitude produces success
Like clockwork, Indiana State University graduate Joe Evelo regularly provides monthly updates to the first client he signed up when he started his financial investment career more than 35 years ago.
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On the move: April 28, 2013
Old National Bank has promoted Howard Mills to vice president, mortgage loan originator.
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Newsmakers: April 28, 2013
Lenise Kohlway of Spencer was presented with the WorkOne Achievement Award last week for overcoming several employment barriers and pursuing a better life for herself.
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Ivy Tech offers free business counseling
The Ivy Tech Business and Entrepreneurial Services Center and the Terre Haute chapter of SCORE are offering free, confidential business counseling and low-cost high-impact training workshops to aspiring entrepreneurs and existing small business owners.
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