The modern kitchen has stainless steel appliances.The hallways leads past the laundry and ground floor bathroom with shower and toilet, to the spacious downstairs living areas. More from newsLand grab sees 12 Sandstone Lakes homesites sell in a week21 Jun 2020Tropical haven walking distance from the surf9 Oct 2019There is a media room with storage cupboard and an open-plan living, dining and kitchen area opens to the back patio. The designer kitchen includes soft-close drawers, stone benchtops and a walk-in pantry. Outside the patio has a ceiling fan and downlights and looks out over the fenced back yard and established lawn.Facing north, the patio also gets plenty of breezes off Moreton Bay. Back inside, internal stairs lead up to a family room with extra linen cupboards. The home at 56 Ewan St, Margate is on the market.STROLL to the ocean or to the park from this two-storey family home on the market in Margate. The property, at 56 Ewan St, is on a low maintenance block on one of the highest points on the Peninsula. Abode Properties marketing agent Brendan Philp said the new home had a versatile floor plan with large open areas, plenty of storage options and received Moreton Bay breezes.At the front of the home, a porch shelters the entry and opens to a hallway with double linen closets. The low-maintenance backyard is fully fenced.The master bedroom has a private balcony, walk-in robe and an ensuite with separate toilet, laundry chute, spa bath and double basins. The three other bedrooms have built-in robes and the main bathroom has a separate bath and shower. The home has quality carpet and tiles, touches of timber and ducted airconditioning throughout.The double lockup garage has storage space. The property is close to beaches, schools and shops. The home is being marketed by Brendan Philp from Abode Properties for $739,000.
Greensburg, In. — Archie M. Brown, Jr., President and Chief Executive Officer of MainSource Financial Group, Inc. announced today the unaudited financial results for the third quarter of 2017. For the three months ended September 30, 2017, the Company recorded net income of $11.1 million, or $0.43 per common share, compared to net income of $11.7 million, or $0.48 per common share, in the third quarter of 2016. During the third quarter of 2017 the Company recorded $3.0 million of expenses related to the FCB Bancorp, Inc. acquisition and the upcoming merger with First Financial Bancorp. In addition, the Company also recorded a charge of $1.2 million related to the closing of seven branches. These items reduced earnings per share by $0.11. During the third quarter of 2016, the Company recorded $0.6 million of expenses related to the Cheviot Financial Corp acquisition which reduced earnings per share by $0.02.Brown said, “I am very pleased with our operating results for the third quarter of 2017. Our operating earnings per share of $0.54 were the highest in the history of the Company and represented an 8% increase on an operating basis over the prior year. The primary driver for the increase in earnings was the acquisition of FCB in the second quarter of this year. We have fully completed the integration of FCB and it is performing to our expectations. Also contributing to our strong quarter was our excellent credit quality. Non-performing assets remain at a very low level and the overall level of problem loans declined significantly from the previous quarter.”Total assets were $4.6 billion at September 30, 2017, which represents a $588 million increase from a year ago. The increase in assets was primarily related to the acquisition of FCB ($524 million) and organic loan growth over the past twelve months. Loan balances increased by $21 million organically on a linked quarter basis, or 3% on an annualized basis The Company’s regulatory capital ratios remain strong and as of September 30, 2017 were as follows: leverage ratio of 9.5%, tier one capital to risk-weighted assets of 12.8%, common equity tier one capital ratio of 11.3%, and total capital to risk-weighted assets of 13.4%. In addition, as of September 30, 2017, the Company’s tangible common equity ratio was 8.4% compared to 8.3% as of June 30, 2017.