JOHNSTOWN

1st Summit net income increases for 1Q 2025

1st Summit Bancorp of Johnstown, the parent company of 1st Summit Bank, reported net income of $775,000 for the first quarter of 2025, or $0.36 per diluted share, representing a 28.0% increase compared to the December 2024 quarter after excluding a nonrecurring gain after tax from a sale-leaseback transaction completed in the fourth quarter of 2024.

Total loans increased by 1.01% during the quarter, representing an annualized growth rate of 4.08% and the net interest margin expanded by 38 basis points, from 1.64% at March 31, 2024 to 2.02% at

March 31, 2025, or 23.2%, from the prior year quarter.

1st Summit Bank serves communities throughout the counties of Cambria, Westmoreland, Blair, Somerset, and Indiana.

EAST PETERSBURG

Warfel Construction recognized for safety

Warfel Construction has achieved Platinum Level in the Associated Builders and Contractors’ STEP Safety Management System for 2025.

Established more than 30 years ago, STEP (Safety Training Evaluation Process) is a leading safety benchmarking and improvement tool that helps construction firms strengthen their safety programs.

STEP participants consistently outperform industry standards, with top-tier companies achieving incident rates nearly six times safer than the U.S. Bureau of Labor Statistics construction industry average.

Warfel Construction has an office in State College.

PITTSBURGH

FNB introduces Direct Deposit switch capabilities

F.N.B. Corp. has announced the launch of automated direct deposit switch capabilities, the latest enhancement to its digital banking experience.

The Direct Deposit Switch service is embedded in FNB’s account opening process. By providing the option for customers to move their payroll direct deposit(s) instantaneously with a few simple steps, FNB streamlined the account onboarding experience.

FNB expects to also enable clients to digitally move their recurring debit transactions to FNB later in 2025. Both services are being launched through a partnership with Atomic, building on FNB’s recent investment in the fintech’s strategic fundraising initiative.

The company has total assets of nearly $49 billion and about 350 banking offices throughout Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, South Carolina, Washington, D.C. and Virginia.