partlycloudy
Wednesday June 3rd, 2015 9:46AM

Peach State Bank & Trust elects new board member, reveals 2013 performance

By Alyson Shields Reporter
GAINESVILLE - Peach State Bank and Trust welcomed three new board members to the Community Development Board and revealed performance details for 2013 on Thursday.

Gary Funk, Nancy Norton and John Wright have joined the Board for 2014.

"Peach State Bank is very proud of our Community Development Board and the professionals who provide us with their insight and thoughts," said President and C.E.O. Ron Quinn in a press release.

Quinn also said the net earnings of the Gainesville-based bank rose from $472,000 at year-end 2012 to $1.73 million on December 31, 2013. Those earnings generated $.75 per share versus $.20 per share one year earlier. In the process, shareholder equity increased to $12.3 million, or $5.30 per share at year-end.

The bank recently added the option for mobile banking, as well as medical lock-boxes and healthcare revenue management for local healthcare professionals.
  • Associated Categories: Business News
© Copyright 2015 AccessNorthGa.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
US stocks post sixth straight year of gains
U.S. stocks ended a strong 2014 with moderate declines Wednesday.
4:43PM ( 5 months ago )
Palestinians push ahead in pursuit of war crimes charges against Israel
Stung by a resounding defeat in the U.N. Security Council, the Palestinians announced Wednesday that they joined the International Criminal Court to pursue war crimes charges against Israel.
1:57PM ( 5 months ago )
Business News
Survey: US business hiring picks up in May to 201,000
WASHINGTON (AP) — U.S. companies stepped up hiring in May, a private survey found, evidence that employers remain confident in the economy even after it contracted at the start of the year.
9:21AM ( 25 minutes ago )
Brenau, two other area colleges get high marks for online courses
Brenau University and two other northeast Georgia colleges get high marks for their online courses in a recently published report.
8:55AM ( 51 minutes ago )
More older Americans are being buried by housing debt
Of all the financial threats facing Americans of retirement age — outliving savings, falling for scams, paying for long-term care — housing isn't supposed to be one. But that's the case for many.
8:30AM ( 1 hour ago )
More than 10M enrolled this year under Obama's health law
WASHINGTON (AP) — More than 10 million people have signed up for private health insurance this year under President Barack Obama's law, the administration said Tuesday.
8:13AM ( 1 hour ago )
Hall Planning Commission approves Friendship Rd. development
The Hall County Planning Commission gave unanimous approval Monday evening to rezoning an 8.68-acre tract in southern Hall County along Friendship Road, allowing it to become another part of the significant commercial and residential growth taking place near the recently-opened Northeast Georgia Medical Center Braselton.
10:39PM ( 1 day ago )