Rutter’s donates to charity
Rutter’s Farm Stores, which recently opened a location in Duncansville, donated more than $63,000 to seven local charitable organizations during its grand opening event.
The following organizations received a donation: Penn-Mont Academy, $25,000; Second Century Scholarship Fund, $25,000; Central Pennsylvania Community Foundation, $10,000; Allegheny Township Police Department, $1,000; Allegheny Township Volunteer Fire Department, $1,000; Duncansville Borough Police Department, $700; and Music 4-R Vets, $500.
Stores give to CMN hospitals
Giant Food Stores and Martin’s Food Markets are donating $655,274 to benefit local Children’s Miracle Network hospitals.
The funds were donated by customers and associates through the annual in-store CMN balloon campaign.
Giant/Martin’s is one of the top 10 fundraisers in the country for CMN Hospitals, having donated more than
$40 million over the past 21 years.
In addition to the annual in-store campaigns during the summer and at the holidays, associates also regularly volunteer at CMN Hospital events, including radio and television telethons.
F.N.B. Corp. reports earnings
F.N.B. Corp. reported earnings for the second quarter of 2017 with net income available to common stockholders of
$72.4 million, or 22 cents per share.
Comparatively, second quarter of 2016 net income was $39.3 million, or 19 cents per diluted common share.
F.N.B. Corp., headquartered in Pittsburgh, operates in eight states. The company has total assets of $31 billion and more than 400 banking offices throughout Pennsylvania, Ohio, Maryland, West Virginia and the Carolinas.
Company declares dividend
The board of directors of F.N.B. Corp. declared a quarterly cash dividend of $18.13 per share on F.N.B. Corp.’s non-cumulative perpetual preferred stock, Series E.
The dividend is payable on Aug. 15 to shareholders of record as of the close of business on July 31.
CNB reports earnings
CNB Financial Corp., the parent company of CNB Bank, announced net income of $6.7 million, or 44 cents per share, in the second quarter of 2017, compared with net income of $4.1 million, or 28 cents per share, in the second quarter of 2016.
CNB also reported net income of
$13.2 million, or 87 cents per share, during the six months ended June 30, compared with net income of $9.1 million, or 63 cents per share, during the six months ended June 30, 2016.