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The bottom line
Written by Press Staff Writer   
Friday, 04 May 2012 10:56

GenoaBank announced to its shareholders at the recent annual meeting that net income improved and ended the year 2011 at $1.415 million.
According to a company news release, deposits have grown by $21 million in the past five years. Assets totaled approximately $250.6 million at year end 2011.  Capital, or shareholder equity, has continued to increase, growing to over $21.9 million at year end 2011; a growth of 33 percent since 2006. 
Martin Sutter, GenoaBank president, also reported financial highlights from the first quarter of 2012. Net income totaled more than $397,000, or a 6.6 percent increase from last year at this same time. Total assets ended the first quarter of 2012 at $258 million; an increase of 1.5 percent.
Shareholders received a quarterly dividend of 14 cents per share.

Week of 4/30/12
Written by Press Staff Writer   
Thursday, 26 April 2012 14:23

Genoa auto dealerships sold, staff will remain in place
The Baumann Auto Group has purchased Genoa Motors and Genoa Chevrolet.

Baumann will add the Ford line to its existing new vehicle lines Chevrolet, GMC, Cadillac, Buick, Chrysler, Jeep Dodge and Hyundai. These lines are sold at various Baumann dealerships located in Fremont, Port Clinton, Tiffin and Norwalk.

Week of 4/23/2012
Written by Press Staff Writer   
Thursday, 19 April 2012 12:31

Contest can help you take homemade recipe to retail reality
It is not very often when one gets a unique chance to take an idea and make it a reality. However, that opportunity is here with the start of the 5th Annual Food Product Development Contest, according to the Center for Innovative Food Technology, which is sponsoring the contest which showcases local food products ready for actual product development.

Few have the resources to make their homemade creation to retail reality – until now.

Warren opens cleaning service
Written by Press Staff Writer   
Friday, 13 April 2012 09:51

Sheri Warren has opened Helpful Hands Home Services, a home and office cleaning service.
Warren, an East Toledo resident, has 19 years experience in the janitorial field. Her business employs two and is licensed, bonded and insured.
She services clients throughout Northwest Ohio including Genoa, Oregon, East Toledo and Northwood. She offers routine cleaning as well as one-time cleaning for special occasions.
Warren manages the business from her home. You can reach her at 419-693-0098 or go to her Facebook page or website at
She is a Waite graduate.

Week of 4/9/2012
Written by Press Staff Writer   
Thursday, 05 April 2012 13:21

Schools & skills
Efficiency Smart, in conjunction with its participating municipal electric systems, will host a contractor and vendor seminar Tuesday, April 17, 11:30 a.m. to 1p.m. at the American Legion Hall in Pemberville.

Efficiency Smart works with contractors, suppliers, manufacturers, designers and installers to complete energy-efficient upgrades.

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