Friday, November 24, 2017
Business

North Pinellas business digest for Oct. 20

RECOMMENDED READING


Clearwater attorney Linda Suzzanne Griffin was honored for earning the status of Florida Legal Elite in Florida Trend magazine's 2013 Legal Elite special report, which recognizes the top attorneys in the state as chosen by their peers.

Griffin, Florida Bar board-certified attorney in wills, trusts and estates and taxation, recently presented "Trusts, Insurance and the Morey Problem — Morey vs. Everbank," at the Florida Legal Education Association Probate Team Seminar in Orlando.

Her office is located at 1455 Court St., Clearwater.

• • •

Five Star-rated Jefferson Bank of Florida announced its 2013 third-quarter earnings and reports significant growth as well as a 10 percent stock dividend.

According to figures provided by the bank, its commercial checking account average balances increased 72 percent or $12,841,000, and total loans grew 29 percent or $24,930,000. The bank's asset quality ratio, measured by dividing non-performing assets by total assets and expressed as "NPA," is 0.27 percent, less than one-twelfth of the Florida bank average of 3.41 percent.

In the 12 months since Sept. 30, 2012, assets increased 14 percent, total deposits 23 percent and operating earnings were $204,000, up from $34,000.

On Sept. 25, the bank's board of directors declared a 10 percent stock dividend payable on Oct. 15 to shareholders of record as of Sept. 30. After the dividend, the number of outstanding shares is 2,199,988. Fractional shares were paid at $9.30 per share.

"We are gratified by our customer's trust in Jefferson Bank," said Bob McGivney, the bank's chairman and CEO. "Our shareholders, board and team of Jefferson bankers continue to work diligently to meet the banking needs of the entrepreneurs, professionals and residents in our markets of North Pinellas, West Hillsborough and West Pasco."

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

• • •

Area business professionals are invited to experience speed networking and increase the opportunity for more business connections at the Clearwater Regional Chamber of Commerce Hispanic Business Council's October Connection event, "Building Business Relationships & Connecting Cultures," 5:30 to 8 p.m. Tuesday at Sage Supper Club, 22 N Fort Harrison Ave., Clearwater.

Appetizers will be provided and a cash bar will be available.

Cost is $5 for chamber members, $10 for non-members.

To RSVP, visit clearwater florida.org. For more information, call (727) 461-0011, ext. 233.

Mail business news to Tampa Bay Times, 1130 Cleveland St., Suite 100-A, Clearwater, FL 33755; fax to (727) 445-4119; or email [email protected]

Comments
Fourth Streetís mom and pop motels are a dying breed

Fourth Streetís mom and pop motels are a dying breed

ST. PETERSBURG ó Billboards as far north as Tennessee beckoned tourists by the thousands to St. Petersburgís Fourth Street calling it "the longest motel street in the world" in the 1940s and í50s. There were 95 motels between the Gandy Bridge and Cen...
Updated: 1 hour ago
Suburban-bound millennials and other 2018 housing trends to watch

Suburban-bound millennials and other 2018 housing trends to watch

Whatís ahead for real estate in 2018? Zillow economists put their heads together and offered up a laundry list of forecasts and predictions. The chief one to remember? Inventory shortages of homes for sale which challenged the market in 2017 will pe...
Updated: 4 hours ago

Woman, 51, robbed in Tyrone Square Mall parking lot, police say

ST. PETERSBURG ó A woman was robbed after a man followed her to her car in a mall parking lot Thursday night and fired one shot at her, police said. The 51-year-old woman, whose identity St. Petersburg Police are withholding, was not injured. She was...
Updated: 5 hours ago
Black Friday still a brick-and-mortar experience for some

Black Friday still a brick-and-mortar experience for some

TAMPA ó Standing in a frantic line at Best Buy on Thanksgiving, one young woman beat the system when she showed off the receipt for her new TV, which she had just purchased on her phone. She was waiting to pick it up."I didnít know you could do that,...
Updated: 5 hours ago
Inkwood Books among retailers banking on ‘Small Business Saturday’

Inkwood Books among retailers banking on ‘Small Business Saturday’

TAMPA — By Tuesday evening, at least 50 cardboard boxes were still stacked against the shop’s wall, each labeled clearly with a black sharpie. "Biographies" "Pets" "Fiction" "Music" While the front of the store and new children’...
Updated: 1 hour ago
Across country, small retailers aim for emotional ties big chains may lack

Across country, small retailers aim for emotional ties big chains may lack

Associated PressSome smaller retailers will tug at shoppersí heartstrings during the holidays, trying to create an emotional experience or connection that a big national chain might not provide.Store owners are going well beyond the usual holiday dec...
Updated: 4 hours ago
As Tampa Bay economy matures, more key people bear watching. Letís get started.

As Tampa Bay economy matures, more key people bear watching. Letís get started.

Whatís coming down the economic pike for Tampa Bay? Whoís driving this metro economy into 2018 and beyond? Change ó people, issues, business focus ó can be a good thing. It keeps places like geographically challenged Tampa Bay nimble with fresh blood...
Updated: 5 hours ago
Six years and counting: Allegiant Air reaches agreement with flight attendants

Six years and counting: Allegiant Air reaches agreement with flight attendants

ST. PETERSBURG ó After six years of negotiations, Las Vegas-based Allegiant Air and its flight attendants union reached a tentative contract to improve worker pay and benefits and solidify airline policies."We feel like itís an agreement that is cert...
Published: 11/22/17
Workers at luxury St. Pete condo tower say they are owed thousands

Workers at luxury St. Pete condo tower say they are owed thousands

ST. PETERSBURG ó Nearly three dozen workers at ONE St. Petersburg, a luxury condo tower under construction in the heart of downtown, havenít been paid in weeks and are owed thousands of dollars.With the holidays nearing, some of the men say they are ...
Published: 11/22/17
Some cities faced with all-or-nothing medical marijuana rules are playing it safe

Some cities faced with all-or-nothing medical marijuana rules are playing it safe

When it comes to weighing the options for regulating medical marijuana through the law passed this year, Dunedin city commissioners declared local governments face a "conundrum" and "a false dilemma."They said they would welcome a dispensary in the c...
Published: 11/22/17