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First Niles 2Q shares announced | News, Sports, Jobs


May 13, 2021
NILES First Niles Financial Inc. announced dividends of 6 cents per common share and 7 cents per share of preferred Class A stock for the second quarter of 2021.
The dividends are payable June 25 to shareholders of record on June 11.
First Niles Financial Inc. is the holding company for Home Federal Savings and Loan Association of Niles.
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Net income declines at 1st Niles Financial | News, Sports, Jobs


Staff report
NILES First Niles Financial Inc., the holding company for Home Federal Savings and Loan Association of Niles, reported net income was down 41 percent to $50,000 in the first quarter of the year compared with the same three-month period last year.
The company in its first quarter financial report this week also reported a return on average assets for the quarter of 0.18 percent, compared to 0.34 percent one year ago, and an earnings per share of 4 cents, a 4-cent decline from the same period in 2020.
At the end of March, the company’s assets were $109.9 million, up from $109.7 million at the end of 2020. Deposits were $72.6 million, $6.3 million more than at Dec. 31, and total borrowing was $24.1 million, down from $30.1 million at the end of the year. ....

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Today In Johnson City History: Dec. 31


Dec. 31, 1885: “Colonel Thomas Matson resigned as Superintendent of the ET&WNC … to open and operate the Johnson City Foundry & Machine Shop.” Sources: “The Railroads of Johnson City by Johnny Graybeal.”
Dec. 31, 1903: The Comet reported news from the Soldier’s Home. “Chief Surgeon Powell has resigned and Dr. Robinson has been appointed in his place.”
Dec. 31, 1917: The Shreveport Journal, a newspaper in Shreveport, Louisiana, reported, with a dateline of Johnson City, “This city and section are rapidly recovering from the bitter cold prevalent Saturday night and Sunday morning when the thermometer registered 25 degrees below zero. The temperature this morning was 20 degrees above zero.” ....

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