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Briefs - CentralMaine.com


Briefs
Middle school students donate items to shelter
Students at Middle School of the Kennebunks recently collected thousands of items for York County Shelter Programs. The project, organized by the seventh-grade Sebago Team, promoted community service among students, who gave 2,334 pairs of socks and 387 bottles of shampoo and conditioner in one of the largest donations ever received by the nonprofit from a school.
“I am so proud of our grade 7 Sebago students and staff for their efforts on this project,” said MSK Principal Marty Bouchard. “Awareness of the needs within our communities and world are a part of our curriculum at MSK, and the kindness and selflessness shown by these students is truly inspiring.” ....

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Partners Bancorp Reports Results of Operations for the First Quarter 2021


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SALISBURY, Md., April 30, 2021 (GLOBE NEWSWIRE) Partners Bancorp (NASDAQ: PTRS) (the “Company”), the parent company of The Bank of Delmarva (“Delmarva”), Seaford, Delaware, and Virginia Partners Bank (“Virginia Partners”), Fredericksburg, Virginia, reported net income attributable to the Company of $1.1 million, or $0.06 per share, for the three months ended March 31, 2021, a $1.3 million or 54.7% decrease when compared to net income attributable to the Company of $2.4 million, or $0.14 per share, for the same period in 2020.
The Company’s results of operations for the three months ended March 31, 2021 were directly impacted by a decrease in net interest income and a lower net interest margin (tax equivalent basis), significantly higher provision for credit losses due to the deterioration in asset quality of two loan relationships that have been individually evaluated for impairment, the current economic environment and the C ....

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Diane Sturgeon named SBA district director for Maine


Diane Sturgeon named SBA district director for Maine
The U.S. Small Business Administration has named
Diane Sturgeon district director of its Maine District Office. Sturgeon has worked for the SBA for nine years in the Maine office and most recently served as deputy district director. She joined the SBA in 2012 as a lender relations specialist and has more than 10 years of banking experience, having worked in a variety of roles for both community and national lenders. A graduate of the University of Maine with a degree in secondary education, Sturgeon has also completed the National Association of Government Guaranteed Lenders Fundamentals Diploma Program. Sturgeon succeeds Amy Bassett, who held the position from January 2017 until December 2020. ....

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