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Toledo, Ohio & Lake Erie

The Press Newspaper

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First Defiance announces record net income for 2012
First Defiance Financial Corp. announced record net income for the fiscal year ended December 31 totaled $18.7 million, or $1.81 per diluted common share compared to $15.5 million or $1.42 per diluted common share for the year ended December 31, 2011.

According to a company statement, for the fourth quarter ended December 31, First Defiance earned $5.2 million or 52 cents per diluted common share compared to $4.1 million or 36 cents per diluted common share for the fourth quarter of 2011.

The fourth quarter 2012 results include provision for loan losses expense of $2.6 million, compared with $4.1 million in the same period in 2011. The allowance for loan loss as a percentage of total loans decreased to 1.75% at December 31, 2012 from 2.24% at December 31, 2011.

Loans classified as Trouble Debt Restructured because of modification of terms granted to borrowers totaled $28.2 million at December 31, 2012 compared to $3.4 million for the same period in 2011.

The provision for loan losses for 2012 was $10.9 million, which was down from $12.4 million in 2011.

First Defiance is the parent company of First Federal Bank, which has local offices in Genoa and Oregon and First Insurance with offices in Oregon.


The right thing
NBOH (National Bank of Ohio) will kick off its 2013 Relay For Life Fundraiser at Crazy Lady Saloon in Curtice Sunday, Feb. 24, 11 a.m. to 4 p.m. Crazy Lady Saloon will donate all spaghetti dinner sales to the NBOH Team - Relay for Life of Ottawa County.  There will be door prizes, 50/50 raffle, and a bake sale.

Dinners are presold. Contact Dawn Gordon at 419-898-8511 or visit a bank office in Oak Harbor, Curtice or Oregon. Dinners are $8.50 a plate.  

Team NBOH contributed more than $6,000 to the Ottawa County Relay For Life 2012 where the event raised more than $70,000 to fight the war against cancer.  Team NBOH’s goal is to raise $7,000 for the upcoming event which will be held June 7 and 8 at the Oak Harbor High School.


At the clubs
The Oak Harbor Area Chamber of Commerce is sponsoring a free seminar on Consumer Law Updates Thursday Feb. 21, noon-1 p.m. The presenter will look at; advertising guidelines, cancellation rights of consumers, the deposit rule, door-to-door sales, gift card requirements, going-out-of-business/distress sales, refund policies and re-stocking fees. This seminar is free to chamber members and lunch is included. Non-members are just $10. The seminar will be held at the Ottawa County Improvement Corporation, 8043 W. SR 163, Oak Harbor. RSVP to Valerie Winterfield at 419-898-0479 or email to This email address is being protected from spambots. You need JavaScript enabled to view it. by Feb. 15.

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The Oregon Economic Development Foundation will meet Friday, Feb. 15, 7:15 a.m. at Mercy St. Charles Hospital. Call Linda at 419-693-9999.


Opportunity knocks
Allison Geddes, Oregon, has joined Tastefully Simple as an independent sales consultant. Tastefully Simple is a national direct sales company featuring easy-to-prepare foods.


Just the fax: Fax items before Wednesday noon to The Workplace at 419-836-1319, email to This email address is being protected from spambots. You need JavaScript enabled to view it. or send to The Press, Box 169, Millbury, OH 43447.

Toledo water

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1931860981 [{"id":"16","title":"Yes","votes":"14","pct":42.42,"type":"x","order":"1","resources":[]},{"id":"17","title":"No","votes":"19","pct":57.58,"type":"x","order":"2","resources":[]}] ["#194e84","#3b6b9c","#1f242a","#37414a","#60bb22","#f2babb"] sbar 160 160 /component/communitypolls/vote/7-toledo-water No answer selected. Please try again. Thank you for your vote. Answers Votes ...