Wednesday, Oct 1, 2014
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qfingers - Mayor Moore discusses Newcomb proposal - Quincy, IL News - QuincyJournal.com
It's not tax abatement...it's a tax refund which is a financing tool. And there's lots more than what is listed on your link It's a rather long section of 65 ILCS 5/11-74 http://www.ilga.gov/legislation/ilcs/ilcs4.asp?Ac...
Givemeliberty - Iowa company pitches Newcomb development proposal - Quincy, IL News - QuincyJournal.com
The pill Hobart is wanting the city to take would be easier to swallow, if they were bringing American Family, AT&T, Motorola, or something like it to fill up this building with 300-400 Jobs. Sadly though projects like the one I just described or the Newcome Lofts will only come to this area with help from the City or County (not saying the city should give in to all of Hobarts demands) because the…
UrKidsWillPay - Mayor Moore discusses Newcomb proposal - Quincy, IL News - QuincyJournal.com
The TIF district does not include a Property Tax abatement. Those are features of the Enterprise Zone which this site is not a part of. Would like to know how we are going to force that one through against our rules.....not that I doubt they will do it. Take a look at the eligible TIF expenses and tell me where they are going to lie to us to classify 1.8 million of a 4 million project as TIF eligible.…
UrKidsWillPay - Quincy Police Blotter for September 30, 2014 - Quincy, IL News - QuincyJournal.com
Could be or it could be for a burnout. which could be defined as unsafe because you lack complete traction. Or it could be for accelerating too fast but not buring the tires and without going over the speed limit. or she could have exited a private drive like the bowling alley without properly yielding.
qfingers - Mayor Moore discusses Newcomb proposal - Quincy, IL News - QuincyJournal.com
Just remember that getting taxable property there doesn't bring in any extra $$ for the city. What it does is lower property taxes for the rest of us. Obviously more $$ back for more expensive properties (i.e. same % saved across the board). By the same token the TIF district raises our taxes until such time as the TIF expires. That's because some of the tax $$ are diverted to a special…

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First Bankers Trust earnings up 26 percent

First Bankers Trust earnings up 26 percent

1 year, 8 months ago by Bob Gough

President/CEO calls it one of the company's best years ever

First Bankers Trustshares, Inc. released its earnings for 2012. Arthur E. Greenbank, President/CEO reported that earnings per share increased 26% from $2.60 per share in 2011 to $3.28 per share in 2012.

Greenbank said “This has been one of the best years in the history of our Company.”

First Bankers Trust Company, N. A., showed a 12% increase in assets to $805 million at the end of 2012 compared to $722 million in 2011. Deposits for the Bank increased almost 13% from a 2011 total of $584 million to $658 million in 2012. Loan balance also increased in 2012 to $407 million from $375 million in 2011.

First Bankers Trust Services, Inc., the Trust Company subsidiary, now has $4.7 billion in assets under management as of December 31, 2012, compared to $3.5 billion the prior year.

The Company’s return on equity was 12.84% in 2012 verses 11.26% in 2011. Greenbank reported that the dividend being paid to shareholders will increase almost 7% from $0.15 per share to $0.16 per in 2013; and the book value per share of the Company stock increased to $26.76 from $24.08 in 2012.


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