Tuesday, January 16, 2018
Business

Business digest

Business briefs

Club Reduce Florida, a holistic weight loss center and spa, is now open in Tarpon Springs at 1200 S Pinellas Ave., Suite 14.

The business offers supervised and individualized programs for renewed health and safe long-term weight loss, with a focus on providing solutions for the underlying causes of fat retention, whether metabolic, hormonal, nutritional or behavioral.

John N. Huy, a doctor of chiropractic and diplomate of the American Clinical Board of Nutrition, is founder and clinic director for Club Reduce Florida and Tarpon Total Health Care.

"I founded Club Reduce Florida with hopes of offering residents of Tampa Bay a healthy and proven method to fight obesity," Huy said. "Today, there are too many people who are experiencing life-threatening weight problems and poor health. They are overweight, yet malnourished, and failing at losing weight. And, to make matters worse, they are spending money on diet programs that just don't work."

In addition to a comprehensive health assessment and individualized programs for each client, the facility offers massage, facials, body wraps, an infrared sauna, low-impact whole body vibration and Self-Mastery Technology audio-sessions.

Hours are 8 a.m. to 8 p.m. Monday through Thursday; 9 a.m. to 3 p.m. Friday; 9 a.m. to 1 p.m. Saturday.

• • •

Bob McGivney, chairman and CEO of Jefferson Bank, recently reported the institution's unaudited results for 2012 on behalf of its board of directors and team of Jefferson bankers.

Net income after tax for 2012 was $1,344,000.

As of Dec. 31, 2012, total assets were $173,487,000; loans $94,905,000; and deposits $136,105,000. Loans and deposits grew 29 percent and 28 percent respectively during 2012. Asset quality remained high with nonperforming assets of 0.33 percent and, at year's end, loan loss reserve was 2.19 percent of loans.

Earnings for 2012 increased 158 percent over 2012.

Late last year, Jefferson Bank purchased the former Wachovia office outparcel at the southwest corner of Alderman Road and U.S. 19 in Palm Harbor. Relocation of Jefferson's existing Palm Harbor office to the new location is scheduled for mid 2013.

Jefferson Bank has offices in Oldsmar, Palm Harbor and Tarpon Springs.

Mail business news to Tampa Bay Times, 710 Court St., Clearwater, FL 33756; fax to (727) 441-4119; or email [email protected]

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