LANCASTER, Pa. — Fulton Financial Corp. has announced that it participated as a presenter at Credit Suisse's 12th Annual Financial Services Forum at the Mandarin Oriental in Miami, Fla.
R. Scott Smith Jr., chairman and chief executive officer of Fulton Financial Corp., and Charles J. Nugent, senior executive vice president and chief financial officer, made a presentation to discuss the strategies and performance of the company.
CNB Financial Services Inc.
Thomas F. Rokisky, president and chief executive officer of CNB Financial Services Inc., the parent company of CNB Bank Inc., has announced that CNB had consolidated net income of $1.6 million, or $3.60 per share, for the year ending Dec. 31, 2010, as compared to $2.1 million, or $4.82 per share for the year ended Dec. 31, 2009.
Capital is a key measure of a bank's financial health. CNB's capital totaled $26.5 million or 9.8 percent of total assets as of Dec. 31, 2010.
CNB, with total assets at Dec. 31, 2010 of $277 million, has two full service offices and ATMs in Berkeley Springs, W.Va. The bank has three full-service branch offices and ATMs in Berkeley County, W.Va.
Orrstown Financial Services Inc.
SHIPPENSBURG, Pa. — Orrstown Financial Services Inc. has announced that net income increased 45.2 percent to $4,375,000 for the quarter ending Dec. 31, 2010, from $3,014,000 for the fourth quarter of 2009.
Diluted earnings per share amounted to $0.55 for the quarter, as compared to $0.46 for the corresponding prior year period.
The company also announced that its board of directors declared a first quarter cash dividend of $0.23 per share, an increase of 4.6 percent more than the first quarter of 2010, for shareholders of record Feb. 11, 2011.
The dividend will be paid on Feb. 23.
JLG Industries Inc.
McCONNELLSBURG, Pa. — JLG Industries Inc., an Oshkosh Corp. company and a manufacturer of aerial work platforms and telescopic material handlers, announced that it is introducing a new model to the JLG line of boom lifts: the 340AJ.
With a lift height of 34 feet, 20 feet of horizontal reach and a 17-foot up and over reach, the 340AJ has all the features of a traditional JLG aerial work platform, with a low gross vehicle weight of 9,700 pounds.