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Business News: Park National reports 1st Q 2017 financial results

NEWARK - Park National Corporation (Park) (NYSE MKT: PRK) announced financial results Friday for the first quarter of 2017 (three months ended March 31, 2017). Park’s board of directors also declared a quarterly cash dividend of $0.94 per common share, payable on June 9, 2017 to common shareholders of record as of May 19, 2017.

Park reported $20.3 million in net income for the first quarter of 2017, an 8.5 percent increase from $18.7 million for the same period in 2016. Net income per diluted common share for the first quarter of 2017 was $1.31, compared to $1.21 in the first quarter of 2016.

Park's community-banking subsidiary, The Park National Bank, reported net income of $21.5 million for the first quarter of 2017, compared to $21.7 million for the first quarter of 2016. The bank had total assets of $7.7 billion at March 31, 2017, rising from $7.4 billion at December 31, 2016.

In the first quarter of 2017, the bank grew consumer loans by $59.7 million (21.5 percent annualized). Total loans for the bank were $5.28 billion at March 31, 2017, a $42 million (3.2 percent annualized) increase over $5.23 billion at December 31, 2016.

About Park National Corporation:
Headquartered in Newark, Ohio, Park National Corporation had $7.7 billion in total assets (as of March 31, 2017). The Park organization principally consists of 11 community bank divisions, a non-bank subsidiary and two specialty finance companies. Park's Ohio-based banking operations are conducted through Park subsidiary The Park National Bank and its divisions, which include Fairfield National Bank Division, Richland Bank Division, Century National Bank Division, First-Knox National Bank Division, Farmers Bank Division, United Bank, N.A. Division, Second National Bank Division, Security National Bank Division, Unity National Bank Division, and The Park National Bank of Southwest Ohio & Northern Kentucky Division; and Scope Leasing, Inc. (d.b.a. Scope Aircraft Finance). The Park organization also includes Guardian Financial Services Company (d.b.a. Guardian Finance Company) and SE Property Holdings, LLC.

New Health Center open in Mount Vernon

MOUNT VERNON - The Knox County Community Health Center is officially open.

The Health Center is located inside the Knox County Health Department at the corner of Upper Gilchrist and Coshocton Roads. Presently, the Center’s hours are the same as the health department: Monday through Friday, 8 a.m. – Noon and 1 – 4:30 p.m. The Center is open until 6 p.m. on the third Tuesday of the month and plans to add additional evening hours as well as hours on Saturday.

The new Health Center is a patient-centered medical home offering preventive and primary care to patients of all ages. Patient-centered means that individuals can come to the center for medical services and also get dental care and help with mental health issues and receive education on how to avoid high blood pressure. “We will be a one-stop shop for healthcare,” said Lane Belangia, chief operating officer for the center

Medical services include, but are not limited to: treatment of illness such as ear aches, colds, sore throats, sinus infections and management of chronic disease such as diabetes; physical exams for work, school and sports; well-child exams; immunizations for children and adults; and women’s health including pregnancy tests and Pap tests.

Dental services include cleanings, fillings, sealants, extractions, x-rays, fluoride treatments, oral health exams and oral cancer screenings.

“The lack of insurance or income should never be a barrier to getting heath care,” said Belangia. “We will strive to serve the entire community.”

The Health Center accepts uninsured individuals as well as those on Medicaid, all Medicaid managed care plans, Medicare, and with other insurance companies. If patients do not have health insurance, there is a sliding fee with proof of income. Also, there is Health Center staff who can assist patients with enrolling in health insurance or Medicaid if they qualify.

Health Center staff will also connect patients with other community services that can help them including tobacco cessation classes, nutrition counseling, substance abuse treatment and mental health counseling.

To make an appointment at the new Health Center, call 740-399-8008.

Patrol reminds drivers to keep eyes, focus on the road

MOUNT GILEAD – April is National Distracted Driving Awareness Month, and the Mount Gilead Post of the Ohio State Highway Patrol is reminding drivers to keep their eyes and focus on the roadway while driving.

Last year 13,994 crashes in Ohio had a reported distraction, including 26 fatal crashes. From 2015 to 2016, the number of reported distracted drivers rose 5 percent over the previous year after rising 11 percent from 2014 to 2015.

“Every time someone takes their eyes or their off the road - even for just a few seconds - they put their lives and the lives of others in danger,” said Lt. G. S. Grewal, Commander of the Mount Gilead Post. “Distracted driving is unsafe and irresponsible. In a split second, its consequences can be devastating.”
Sending or receiving a text message takes a driver’s eyes off the road for an average of 4.6 seconds, the equivalent of driving the length of an entire football field when traveling at 55 mph.

Ohio law bans all “electronic wireless communication device” usage for drivers under 18. Texting while driving is illegal for all drivers, as a secondary offense.Distracted driving is any non-driving activity with the potential to distract a person from the primary task of driving and increase the risk of crashing. Distractions can be visual, taking eyes off of the road; manual, taking hands off the wheel; or cognitive, taking the mind off driving.

Texting while driving is an example that results in all three types of distraction.

Local Business: Crickets cuts the ribbon on downtown antiques & collectibles store

By Marty Trese, KnoxPages.com Editor 

MOUNT VERNON – What’s old is new again as a new antiques and collectibles store opened downtown Tuesday morning. Chamber of Commerce staff and ambassadors, fellow downtown business persons, friends and family were all on hand as Crickets opened at 120 S. Main St. next door to the recently reopened Alcove restaurant.

Crickets ribbon cutting

Crickets partners from left Cindy Sperry, Ann Hudson, Barbara Gibson, Laurie Duchesne, Ann Laudeman. A 6th partner, Perry Brokaw not pictured - KP Photo by Marty Trese 

Vendors will be selling antiques, jewelry, primitives, vintage period items, 

crickets lamp

 

curios, books, art objects, toys and more.

Several local vendors have come together as Crickets partners. They are Ann Hudson, Barbara Gibson, Ann Laudeman, Cindy Sperry, Laurie Duchesne, and Perry Brokaw. Laudeman says more vendors are being sought. Consignments are not being taken right now and the store will not be a flea market. For now, there are several vendor spaces filling the first floor, and there is room for expansion on the space’s second floor. The building is owned by Mark Ramser.

Laudeman said, "It’s great to be downtown. You get a busy feeling with people coming and contributing, making a difference in the community.”

Laudeman says all the vendors are local and items are likely all from local homes.

Vendor Mary Stream says she has been selling antiques since 1987. She said, “It [Crickets] is wonderful. Mount Vernon needs something like this for shopping and visiting.”

Crickets will be open Tuesday through Friday 10 a.m. to 6 p.m. and Saturdays from 10 a.m. to 4 p.m.

Vendors interested in more information about Crickets may call Ann Hudson at 740-397-3565.

 

 

Knox Community Jazz Orchestra to make debut in May

MOUNT VERNON - Knox County is home to a thriving arts scene. We boast a symphony, choirs, theater groups, a concert series, and many other cultural organizations, offering great opportunities for local performers as well as entertainment for audiences.

Now jazz joins the mix. Beginning in the summer of 2017, big band sounds from every era will fill the air, as the newly created Knox Community Jazz Orchestra makes its debut.

Under the direction of Kenyon College Professor of Music Ted Buehrer, the KCJO plans to begin its inaugural season with a kickoff event in May. An August performance will follow, and the season will conclude with a Christmas concert in December. The group envisions a repertoire embracing the jazz tradition in all its richness, from early swing to contemporary pieces. As part of that tradition, plans include not just sit-down concerts but also dancing.

In one sense, the Knox Community Jazz Orchestra represents a revival. Community jazz bands in Knox County date back to the Riley Norris Orchestra of the 1960s, the Bob Bechtel Big Band of the 1980s and the Colonial City Big Band that followed it. Like those groups, the KCJO looks to draw on the talents of local musicians while adding to the rich and varied music scene our community already enjoys.

The KCJO is a non-profit, 501c3 organization. For more information, contact Ted Buehrer: [email protected]

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