The deadline for nominations for the 17th Annual Prism Awards is Friday.
The Prism Awards is a local program honoring excellence in business and community service. Since 1994, more than 100 businesses and organizations have won the award.
The award categories include:
•General Excellence Award given to businesses of any size based on excellent performance;
•Pioneer Award recognizes companies that have been leaders in their industry and in operation for at least 20 years;
•Horizon Award recognizes companies that have exhibited great potential for success. The award is presented to businesses in operation for five years or less;
•Community Improvement Award recognizes community based non-profits and volunteer organizations;
•Best Practice Award – Businesses, both large and small, are eligible for this award which recognizes the successful result of a specific campaign;
•Person of the Year – the purpose of this award is to identify, honor and reinforce the activities of exceptional caring citizens whose service or performance positively contributes to the quality of life in the Eastern Maumee Bay region.
The Prism Awards are hosted by the Eastern Maumee Bay Chamber of Commerce. This year’s banquet will be held at Sunrise Park and Banquet Center on Wednesday, March 24. Chrys Peterson from WTOL News 11 will again be the Master of Ceremonies.
The program is open to all businesses located in an area encompassed by East Toledo on the west, Oregon on the north, Oak Harbor on the east and Gibsonburg on the south.
If you have a business you would like to nominate go to The Press Web site at www.presspublications.com, click on organizations and follow the links or call Angela Crosby at 419-410-5937.
The bottom line
First Defiance Financial Corp, parent company for First Federal Bank, has announced a revision to its previously announced fourth quarter and full year 2009 earnings. According to a press release, the revision is due primarily to an increase in the provision for loan loss of $1.5 million. Net income for the fiscal year ended December 31, 2009 totaled $7.2 million or 63 cents per diluted common share compared to $7.4 million or 91cents per diluted common share for the year ended December 31, 2008.
For the fourth quarter ended December 31, 2009, First Defiance earned $555,000 or $0.01 per diluted common share compared to $880,000 or $0.09 per diluted common share for the fourth quarter of 2008.
First Federal Bank has local offices in Genoa and Oregon.
The Andersons has announced fourth quarter earnings of 88 cents per diluted share and year-end earnings of $2.08 per diluted share.
The company announced net income at $38.4 million on $3.0 billion in revenue. This compares to 2008 net income of $32.9 million on $3.5 billion in revenue.
The group’s grain business had a record year and its ethanol business had its second highest year, according to a company press release. The retail group had an operating loss of $2.8 million on total sales of $162 million. Cited was reduced consumer demand due to the weak economy.
The Andersons operates a local general store in the Woodville Mall in Northwood.
Up the ladder
GenoaBank has promoted Cheryl Pyle to assistant branch manager of the bank’s
Pyle has held various positions at GenoaBank, most recently as a full time teller at the bank’s Crossroads branch.
Pyle is actively involved with the Boy Scouts and has been a committee member and Treasurer for Troop 112 at First St. Mark’s Lutheran Church in Oregon for the last 12 years. She and her family reside in Oregon.
Randy Schiets has been named the manager of the Genoa location of The Gordon Lumber Company.
Schiets has worked for Gordon Lumber in various positions for 13 years. Most recently, he was the outside sales representative for the Port Clinton location. Prior to that, he worked 11 years at the Oak Harbor location mostly in sales.
He resides in Oak Harbor with his wife and three children.
Stephanie Speck of Luckey has been named a top sales advisor by lia Sophia, a direct sales fashion jewelry company.
At the clubs
The Oregon Economic Development Foundation will meet Friday, 7:15 am at St. Charles Mercy Hospital. Call 419-693-9999
Speakers representing block watches in East Toledo will speak to the East Toledo Club Thursday, Noon at the East Toledo Family Center. The public is invited. Call Andrea at 419-691-7651.