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Lyndonville Savings Bank announces results

first_imgLyndonville Savings Bank Increases Dividend&Again LYNDONVILLE, VT– Charles Bucknam, President of Lyndonville Savings Bank announced that the Bank will pay a dividend of $.12 per share on July 12, 2004 to stockholders of record June 23, 2004. This represents a 9.0% increase in the dividend and the fourth increase in the past year reflecting continued improvement in the banks earnings. Net income for the six months ended June 30, 2004 (un-audited) amounted to $650,737 compared to $450,314 for the first six months of 2003 representing a 44.0% increase. The annualized return on average assets was 0.89 in the first half of 2004 compared to 0.66 for the same period in 2003. Total assets were $149,857,012 as of June 30, 2004 compared to $138,606,035 as of June 30, 2003. According to Bucknam, the significant year-to-year improvement in earnings is a direct result of improvements in the quality of the banks loan portfolio, a strong investment portfolio, and higher levels of non-interest income. The improvement in earnings was achieved even as the bank and the industry in general, faced continued pressure on net interest margins with the Federal Reserves policy of maintaining historically low interest rates. Bucknam attributes the growth in assets to our staffs continued commitment to deliver quality service and products to customers. Lyndonville Savings Bank stock has recently traded in the $16.00 – $16.25 per share range. The current annual dividend yield is 3.00% based upon a $16.00 per share price. Lyndonville Savings Bank services its customers from branches in Lyndonville, St. Johnsbury, Derby, Vergennes, and Enosburg Falls.last_img read more

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Appalachian Trail Dispatch: Monuments

first_img Editor’s Note: Blue Ridge Outdoors contributor Chris Gallaway is currently thru-hiking the Appalachian Trail. He will be periodically checking in with BRO and sharing the story of his hike. This is his fourth dispatch from the A.T. Read his other dispatches from the trail: A Cold Start, Trail Magic, and Difficult Winter.Many people come to the Appalachian Trail looking to leave a mark. They distinguish themselves by hiking faster or longer than others, by carrying the least amount of weight or the most, or more commonly by scrawling their name and message on the shelter walls (we Purist hikers frown at this!). As most people find, the Trail ends up leaving more of a mark on us, revealing our character and personality in new ways and impacting our life and outlook. The impact the Trail has is evident in the number of people who place burial markers along the way. Between Watauga Lake and Damascus, Virginia the ridgeline is peppered with small cemeteries and markers. Some are old family plots; some commemorate hikers who loved the AT. The most memorable marker for old hermit Uncle Nick Grindstaff reads simply: “Born Dec. 26, 1851 – Died July 22, 1923 – Lived alone, suffered alone, died alone.”We’ve been hiking a long time now. Two months of life on the Trail has already shaped me in ways that I expected and ways I didn’t. I am most comfortable moving at a walking pace now–highways and traffic unsettle me. I’m a few pounds lighter, and my white chicken legs are strapped with more sinew and muscle than ever. I’d like to say that I’m a more patient, grounded person, but I’ll leave that for other people to comment on. It’s hard to believe that I’ve only made a quarter of the journey. There is so much time left and Trail to discover, and I feel the excitement of that thought flutter in my gut like happy butterflies. last_img read more

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West Ruimveldt, Marian Academy to clash in COURTS Pee Wee final

first_imgMarian Academy and West Ruimveldt Primary Schools will clash in the final of the COURTS Pee Wee football tournament following their wins in the semi-finals yesterday.In the first semi, an Ian Daniels-double helped West Ruimveldt overcome Sophia in classic style at the Banks DIH Ground,Thirst Park.Daniels opened the scoring in the 2nd minute before David Weeks responded by levelling up in the 5th. It would take Daniel’s 46th minute strike to ensure a winner and the first spot in the final.In game two, it was a tense affair with Marian Academy holding onto a 1-0 win over Enterprise. Malik Barker was the hero for the Georgetown side in the 4th minute.Enterprise had several enterprising chances to level the game but they were off target, while Marian had more than a handful of chances to carry their lead further.Meanwhile, in the 13-16 playoff, Tucville beat Den Amstel Primary 5-0 with Carlo Negus scoring a hat-trick while Ryan Greene and Samuel Tinch each scored one. St Ambrose won 1-0 against Goed Fortune Primary, thanks to an own-goal.In the 9-12 division, Parfait Harmony won 2-1 over South Ruimveldt with Samuel Lemott and Joushe Daniels scoring. Mae’s Primary on the other hand lost 3-0 on penalties to F.E Pollard after regulation time played out to a stalemate.In the 5-8 class, Redeemer lost 4-3 on penalties to Stella Marris after the game was tied at 1-1 during regulation time. Kevin George was responsible for Redeemer’s goal while Jamal France scored for Stella Maris.School of the Nations lost 0-1 to St. Agnes Primary with Isiah Dundas on the scorecard.last_img read more

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NBA free agency rumors: Jazz signing Bojan Bogdanovic to 4-year deal

first_imgUtah has added a quality wing to its roster.The Jazz are signing Bojan Bogdanovic to a four-year, $73 million deal, according to a report from ESPN, which cites unidentified league sources. NBA free agency rumors: Pacers revamp backcourt, add Malcolm Brogdon, Jeremy Lamb Indiana’s Bojan Bogdanovic has agreed to a four-year, $73M deal with the Utah Jazz, league sources tells EPN.— Adrian Wojnarowski (@wojespn) June 30, 2019The 6-8 Croatian is 30 years old and coming off a career year in which he averaged 18.0 points, 4.1 rebounds and 2.0 assists while shooting 49.7 percent from the field. Bogdanovic averaged 20.9 points and shot 42.2 percent from behind the arc after the All-Star break and was essential to the Pacers’ success after star Victor Oladipo went down with a season-ending quad injury in the first half of the year.Indiana finished fifth in the Eastern Conference in 2018-19 despite the absence of its star and Bogdanovic was a big part of that. Related Newscenter_img NBA free agency rumors: Ricky Rubio, Suns agree to 3-year deal The Jazz tied for 10th in 3-point shooting percentage last year, converting 35.6% of their attempts from behind the arc, and adding Bogdanovic’s touch will likely improve Utah’s efficiency from deep.The Jazz were eliminated by the Rockets in the first round of the playoffs in 2019, but upgraded their backcourt by acquiring Mike Conley from the Grizzlies in a trade.Utah has continued to improve its personnel, and could become a dark horse in the Western Conference if its newest pieces work well together.last_img read more