Walmart and the Walmart Foundation have made a commitment to provide support through cash and product donations of $200,000 to organizations in response to the severe wildfires that are impacting California. As part of this commitment, Walmart is worki…
Archives for July 2018
Hamiton Bancorp, Inc. net income strong with net interest margin improvement and controlled expenses. The Bank closely monitors interest expense and continues focusing on transforming its balance sheet from higher cost time deposits to lower cost core-deposits.
TOWSON, Md. (PRWEB) July 31, 2018
Hamilton Bancorp, Inc. (the “Company”) (NASDAQ: HBK), the parent company of Hamilton Bank (the “Bank”), today announced its operating results for the three-month period ended June 30, 2018, with the following highlights:
Quarterly Highlights – Quarter Ended June 30, 2018 vs. June 30, 2017:
- Net income increased $487 thousand to $879 thousand, or $0.27 per common share, compared to net income of $392 thousand, or $0.12 per common share. For the quarter ended June 30, 2018, there was no income tax expense as the reversal of a portion of the valuation allowance on the Company’s net deferred tax assets, originally recorded in the fourth quarter of the prior fiscal year, was recorded during this period to carry the net deferred tax asset at its estimated realizable value.
- Net interest income increased to $3.8 million, up $215 thousand, or 6.0 percent, from $3.6 million. This improvement was driven by a $554 thousand, or 12.6 percent, increase in interest revenue, partially offset by a $339 thousand increase in interest expense.
- Net interest margin remained relatively unchanged, increasing 2 basis points to 3.10 percent from 3.08 percent.
- Efficiency ratio (as defined in the attached table) improved by nearly 6 percent decreasing from 81.7 percent to 77.1 percent. The improvement in the efficiency ratio was driven by the increase in revenue as noninterest expenses remained relatively flat quarter-over-quarter at $3.2 million.
- The provision for loan losses was $60 thousand for the quarter ended June 30, 2018, including $45 thousand in net charge- offs compared to a provision for loan losses of $160 thousand and $3 thousand in net recoveries for the same period a year ago. The larger provision in the prior year was related to growth in the loan portfolio during that quarter.
- Book value per common share decreased to $16.08, down 9.5 percent, from $17.76. The decline is attributable to the decrease in equity because of the establishment of a full valuation on the Company’s net deferred tax assets at the end of fiscal 2018.
Quarterly Highlights – June 30, 2018 vs. March 31, 2018:
- Total assets remained relatively unchanged, declining from $525.5 million at March 31, 2018 to $525.3 million at June 30, 2018, a decrease of $259 thousand.
- Gross loans decreased $9.5 million, or 2.4 percent, from $389.2 million to $379.8 million. The decrease is due to principal paydowns and pay-offs within the loan portfolio.
- Cash and cash equivalents increased $12.7 million, or 54.3 percent, to $36.1 million at June 30, 2018, compared to $23.4 million at March 31, 2018. The increase is related primarily to the decline in the loan portfolio previously discussed and a $2.8 million decline in the investment portfolio related to normal principal paydowns on mortgage-backed securities.
- Deposits during the quarter ended June 30, 2018 decreased $669 thousand to $404.5 million, while borrowings decreased
$1.1 million to $59.6 million. The decline in deposits was related to higher costing time deposits which declined by $7.0 million, partially offset by a $6.5 million increase in lower costing core deposits. Core deposits at June 30, 2018 made up 40.6 percent of total deposits compared to 38.9 and 40.0 percent at March 31, 2018 and June 30, 2017, respectively.
- Annualized net charge-offs to average loans improved to 0.05 percent compared to 0.26 percent at March 31, 2018, while the allowance for loan losses as a percentage of gross loans increased slightly from 0.73 percent to 0.75 percent.
- Nonperforming loans to gross loans increased to 2.68 percent at June 30, 2018 from 1.84 percent. The increase is related to one commercial real estate relationship with a recorded value of $3.1 million that was placed on non-accrual during the current quarter. The borrower continues to make timely payments; however, their financial cash flow does not support the debt payment and as such, we have placed the loan on non-accrual. All payments received will be applied to principal accordingly.
“I am very pleased with our results for the first quarter of fiscal 2019,” Said Robert DeAlmeida, President and CEO. “Our net income was strong while our net interest margin improved all while we continue to control expenses. We are closely monitoring interest expense and will continue to focus on transforming the Bank’s balance sheet from higher cost time deposits to lower cost core- deposits.”
Total assets remained relatively unchanged, declining $259 thousand during the first quarter to $525.3 million at June 30, 2018, compared to $525.5 million at March 31, 2018. The decline is primarily attributable to a $9.5 million reduction in gross loans and a
$2.8 million decrease in the investment portfolio, partially offset by an $12.7 million increase in cash and cash equivalents.
Cash and cash equivalents at June 30, 2018 totaled $36.1 million compared to $23.4 million at March 31, 2018, an increase of 54.3 percent. The growth is a result of proceeds received from principal paydowns and/or pay-offs within the loan portfolio and a declining investment portfolio. The investment portfolio decreased $2.8 million over the quarter from $75.4 million to $72.6 million at June 30, 2018 due to normal principal payments associated with the mortgage-backed security portfolio. Excluding funds needed for liquidity and operational needs, management intends to utilize any excess cash for future loan growth and possible repayment of maturing advances.
Gross loans decreased $9.5 million, or 2.4 percent, to $379.8 million at June 30, 2018 from $389.2 million at March 31, 2018. The decline was largely due to principal paydowns and pay-offs within the loan portfolio. Over the three months ended June 30, 2018, we continued to see organic growth within our commercial real estate loan portfolio. We organically originated $3.7 million in commercial real estate loans and transferred or reclassified nearly $2.0 million more from commercial construction loans over this period. This resulted in an overall increase, after loan pay-offs and normal principal payments, of nearly $1.0 million within this loan segment. The largest decrease within the loan portfolio for the quarter ended June 30, 2018 was in one-to four-family residential mortgage loans, which declined $3.2 million. At the beginning of the fiscal year, we began to once again sell newly originated residential loans, that qualify, into the secondary market versus putting them in the portfolio. With respect to our residential construction loans, we originated $2.2 million in new loan commitments during the same quarter. At June 30, 2018, we have $5.6 million in residential construction loans outstanding and unfunded commitments or draws of $3.2 million.
Total deposits (excluding premiums on acquired deposits) decreased $588 thousand during the quarter ended June 30, 2018 to $404.1 million compared to $404.7 million at March 31, 2018. The Company continues to focus on generating lower cost, core deposits (which includes all deposits other than certificates of deposit) and maintaining maturing certificates of deposit to support continued loan growth. Core deposits at June 30, 2018 were $164.2 million compared to $157.7 million at March 31, 2018, an increase of $6.5 million, or 4.1 percent. Core deposits represent 40.6 percent of total deposits at June 30, 2018 compared to 38.9 percent of deposits at March 31, 2018.
Asset quality remains a core management objective. Non-performing loans increased roughly $3.0 million in the first quarter of fiscal 2019 to $10.2 million at June 30, 2018 from $7.2 million at March 31, 2018. As a result, the percentage of nonperforming loans to gross loans increased from 1.84 percent to 2.68 percent. The increase in non-performing loans is related to one commercial real estate relationship with a recorded value of $3.1 million that was placed on nonaccrual towards the end of the first quarter. The borrower continues to make timely payments under the original terms of the loan and has never been delinquent; however, review of the borrower’s financial information indicates they do not have sufficient cash flow to service the debt. Because of the inability to show sufficient cash flow, we placed the loan on nonaccrual. Any payments received going forward will be applied entirely to principal until such time that sufficient cash flow can be substantiated. To date there is no impairment associated with this relationship based upon the most recently obtained appraised value.
As of June 30, 2018, there are three commercial loan relationships totaling $7.5 million that are a part of the $10.2 million in non- performing loans, including the one relationship previously discussed. All three of these relationships have been recorded at their net realizable fair value based upon recent appraisals, with only one of the three relationships incurring any charge-offs life-to-date. No additional charge-offs are anticipated at this time; however, property values and circumstances may change that can result in additional charge-offs at a later date. We continue to work with and monitor these lending relationships in order to obtain the best outcome for the Bank. In July 2018, one of the three commercial loan relationships, with a recorded value of $3.3 million, was resolved and paid-off with no loss to the Bank. Proceeds from the pay-off included payment of principal, past due interest and all legal and other expenses incurred.
Despite the increase in nonperforming loans, annualized net charge-offs to average loans remained low at 0.05 percent for the current quarter ended June 30, 2018 compared to 0.26 percent and zero percent for fiscal 2018 and the same quarter a year ago, respectively. The Company experienced net charge-offs totaling $45 thousand over the first quarter of fiscal 2019 comprised of $47 thousand in charge-offs and $2 thousand in recoveries.
Net income for the quarter ended June 30, 2018 was $879 thousand, or $0.27 per common share, compared to net income of $392 thousand, or $0.12 per common share for the quarter ended June 30, 2017; an increase of $487 thousand quarter-over-quarter. The increase in net income was driven by an increase in net interest income associated with growth in loans, lower loan loss provisions, and no tax expense due to the reversal of a portion of the valuation allowance on our net deferred tax assets established in the fourth quarter of the prior fiscal year.
Net interest income for the quarter ended June 30, 2018 was $3.8 million, up $215 thousand or 6.0 percent compared to $3.6 million for the quarter ended June 30, 2017, reflecting the growth in our loan portfolio from organic growth and loan purchases over the past year. The increase in net interest income for these comparable periods reflected a $554 thousand, or 12.6 percent, increase in interest revenue as average loans grew 12.8 percent, or $43.2 million, and average investments declined $22.1 million. Over the past year, we were able to move lower interest-earning investments into higher interest-earning loans. In addition, we were able to generate more interest revenue from our interest-earning deposits with banks due to rising interest rates and a $3.3 million increase in average deposits. Partially offsetting the increase in interest revenue was an increase in interest expense of $339 thousand, or 42.6 percent, over that same period. Overall, average interest-bearing liabilities increased $19.6 million over this same period. The increase in average interest-bearing liabilities was due to a $23.6 million increase in higher costing average borrowings, partially offset by a $4.0 million decrease in lower costing average deposits. The increase in average borrowings was used to help fund the growth in the loan portfolio over the past twelve months. Interest expense associated with deposits increased $214 thousand quarter-over-quarter despite a decrease in interest-bearing deposits due to rising interest rates and the re-pricing of the deposit portfolio. The average cost on interest-bearing deposits increased 24 basis points from 0.69 percent at June 30, 2017 to 0.93 percent at June 30, 2018. The net interest margin for the three months ended June 30, 2018 increased 2 basis points to 3.10 percent, compared to 3.08% for the three months ended June 30, 2017.
Non-interest revenue for the quarter ended June 30, 2018 increased $25 thousand, or 9.4 percent, to $291 thousand compared to $266 thousand for the comparable period last year. Non-interest revenue is higher compared to a year ago due in part to $10 thousand in revenue generated from the gain on sale of residential loans to the secondary market. In the last quarter of fiscal 2017 and into fiscal 2018, the Company purposely held in portfolio the majority of our residential loan originations to partially offset the increased run-off associated with this loan segment. Beginning in fiscal 2019, however, we again started to sell qualified residential loan originations into the secondary market as a means to generate noninterest revenue and diversify our income stream. In addition to these gains, the Company also experienced a $22 thousand increase in other noninterest revenue that includes the collection of certain loan fees, merchant card services and other miscellaneous items. Meanwhile, revenue from services charges remained relatively unchanged quarter-over-quarter, while earnings on bank-owned life insurance (BOLI) declined $9 thousand due to a reduction in the cash surrender value of the Company’s outstanding BOLI related to the pay-out of death benefits in the fourth quarter of fiscal 2018.
Non-interest expense for the quarter ended June 30, 2018 was $3.2 million, unchanged from the comparable quarter ended June 30, 2017. We have been able to manage a growing loan portfolio from an operational cost basis and continue to increase our interest revenue. This is reflected in the improvement of the Company’s efficiency ratio which has improved from 81.7 percent for the three months ended June 30, 2017 to 77.1 percent for the three months ended June 30, 2018.
Salaries and benefit expense remains our highest operational cost for the three months ended June 30, 2018 and 2017. Salaries have increased slightly due to annual evaluations and respective salary increases, while employee benefits have increased because of higher costs associated with our 401K plan expense and employee stock ownership plan (ESOP). The 401K plan expense has increased due to more participants, while the increase in the ESOP is related to the increase in the Company’s average stock price quarter-over- quarter. The Company has realized an increase of $28 thousand in data processing costs for the comparable quarter associated with annual cost increases, along with the introduction of new technology that has made banking easier for our customers, including products such as mobile banking. FDIC insurance premiums have increased $44 thousand to $101 thousand for the three months ended June 30, 2018 compared to $57 thousand for the three months ended June 30, 2017. This increase is attributable to both the increase in the size of the Bank over the comparable periods, as well as the increase in the FDIC insurance premium rates over this same period. Offsetting these increases has been a $46 thousand reduction in legal expenses and an $82 thousand reduction in other professional services. Legal expense has declined because of higher costs incurred in the prior year associated with our charter conversion and certain problem loans and foreclosures, while other professional services have declined because of costs incurred in the prior year associated with payments under non-compete agreements that were a part of the Fraternity Community Bancorp, Inc. acquisition in May 2016. The terms and the payments under the agreements were fully satisfied in April 2018. Management remains committed to reducing operational expenses and achieving higher efficiencies.
For the three months ended June 30, 2018, the Company did not report any income tax expense due to the reversal of a portion of the valuation allowance on our net deferred tax assets established during the fourth quarter of the prior fiscal year in the amount of $5.8 million. In accordance with Accounting Standards Codification (ASC) 740, Accounting for Income Taxes, the Company assessed whether the deferred tax assets are more likely than not to be realized based on an evaluative process that considers all available positive and negative evidence. Based upon the Company being in a three-year cumulative loss position which creates negative evidence and because this evidence is considered significant, management concluded that there was more negative evidence than positive evidence and therefore, it is more likely than not that the Company will be unable to generate sufficient taxable income in the foreseeable future to fully utilize the net deferred tax assets. If, in the future, the Company generates taxable income on a sustained basis sufficient to support the deferred tax assets, the need for a deferred tax valuation allowance could change, resulting in the reversal of all or a portion of the deferred tax asset valuation at that time. The establishment of a valuation allowance on our deferred tax assets for financial reporting purposes does not affect how the net operating loss carryforwards may be utilized on our subsequent income tax returns. The valuation allowance on the Company’s net deferred tax assets decreased $220 thousand to $5.6 million at June 30, 2018, from $5.8 million at March 31, 2018 due to the $879 thousand in net income generated over this period.
Shareholders’ equity at June 30, 2018 was $54.9 million compared to $54.1 million at March 31, 2018, an increase of $843 thousand. The increase is attributable to the $879 thousand in net income for the three months ended June 30, 2018 and the increase in additional paid in capital relating to the vesting of equity awards. The increase in equity was partially offset by the $162 thousand increase in unrealized losses associated with the investment portfolio. Average shareholders’ equity to average assets was 10.4 percent for the quarter ended June 30, 2018. This is down from 11.2 percent a year ago due to an increase in average assets associated with growth within the loan portfolio from both organic loans and loan purchases. All the Bank’s regulatory capital ratios continue to exceed levels required to be categorized as “well capitalized.” Outstanding shares at June 30, 2018 were 3,416,414 compared to 3,407,613 at March 31, 2018.
Management believes that non-GAAP financial measures, including tangible book value, provide additional useful information that allows readers to evaluate the ongoing performance of the Company without regard to transactional activities. Non-GAAP financial measures should not be considered as an alternative to any measure of performance or financial condition as promulgated under GAAP, and investors should consider the Company’s performance and financial condition as reported under GAAP and all other relevant information when assessing the performance or financial condition of the Company. Non-GAAP financial measures have limitations as analytical tools, and investors should not consider them in isolation or as a substitute for analysis of the Company’s results or financial condition as reported under GAAP.
Please direct all media inquiries to Lauren Lawder at 410-616-1996 or by email at email@example.com. Please direct investor inquiries for Hamilton Bank to Robert DeAlmeida at 410-823-4510.
About Hamilton Bank
Founded in 1915, Hamilton Bank is a community bank with $525.3 million in assets and $54.9 million in regulatory capital. The bank has 72 full-time equivalent employees and operates seven branch locations across Greater Baltimore, serving the communities of Cockeysville, Pasadena, Rosedale, Towson, Ellicott City and Baltimore in Maryland. Whether online or on the corner, Hamilton Bank is a community bank that cares about its customers. http://www.Hamilton-Bank.com.
Member FDIC and Equal Housing Lender
This press release may contain statements relating to the future results of the Company (including certain projections and business trends) that are considered “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995). Forward- looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” Forward-looking statements, by their nature, are subject to risks and uncertainties. Certain factors that could cause actual results to differ materially from expected results include increased competitive pressures, changes in the interest rate environment, general economic conditions or conditions within the securities markets, legislative and regulatory changes that could adversely affect the business in which Hamilton Bancorp, Inc. and Hamilton Bank are engaged, and other factors that may be described in the Company’s annual report on Form 10-K and quarterly reports on Form 10-Q as filed with the Securities and Exchange Commission. The forward-looking statements are made as of the date of this release, and, except as may be required by applicable law or regulation, the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements.
For the original version on PRWeb visit: https://www.prweb.com/releases/hamilton_bancorp_inc_reports_increased_earnings_and_12_percent_revenue_growth_for_the_first_quarter_of_fiscal_2019/prweb15664255.htm
The company behind PODROOF kits, Shield Roof Solutions, offers custom roofing products recognized for their strength, security and durability. For more information or to place an order, please visit shieldup.co
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CAACCI will offer two construction audit and fraud seminars September 24-25, 2018. Additionally, our 7th Annual “advanced content” Construction Audit & Cost Control Best Practices Round Table Workshop will be held November 13-14, 2018.
DALLAS (PRWEB) July 31, 2018
This two-day seminar provides auditors with insight on how to partner with their management team to conduct effective audits of their organization’s construction activity. Specific “how-to” construction audit techniques will be discussed. Attendees will learn how to effectively establish audit coverage to achieve “risk-based” cost avoidance and cost recovery results.
Reviews from Participants:
“This course was one of the best audit classes taken in a long time. Valuable and relevant.”
“I learned so much in this course! It is extremely helpful to prepare me to effectively audit a construction project.”
Construction Fraud: Detection, Prevention & Response
September 24-25, 2018 in Dallas, Texas
Earn 16 CPE
$100 Discount ends August 10
Learn More About This Course
This seminar explores types of fraud common to construction, techniques for reducing construction fraud and how to respond when fraud surfaces. The content is practical and hands-on, loaded with strategies and tactics, tips, and techniques.
Reviews from Participants:
“Great discussions, cases and real-world examples.”
“I really enjoyed this course. Great amount of time allotted. Great topics, organization, and structure.”
7th Annual Construction Audit & Cost Control Best Practices Round Table Workshop
November 13-14, 2018 in New Orleans, LA
$100 Discount ends August 17
Earn 16 CPE
Learn More About this Course
Please join us for a dynamic two-day program which will center around the presentations of 12 experienced and successful professionals recognized for their leadership and expertise in construction audit and cost control. Don’t miss out on the interactive exchange of ideas and solutions to current issues and future concerns, and get your questions answered by these industry professionals. Following every presentation, all attendees will be given ample opportunity to be a part of this impactful, collaborative, round table discussion.
Reviews from Participants:
“I enjoyed the presentations immensely. Each presenter added value and a different point of view. I felt that I picked up many new issues to look for.”
“Instructors are very interactive and provide/share great examples for every topic.”
The Construction Audit and Cost Control Institute, Inc. (CAACCI) of Dallas, Texas was created in 2008 by R. L. Townsend & Associates and Courtenay Thompson & Associates as a resource to share information and solutions for today’s challenges in construction auditing and construction cost control. CAACCI members include project management and construction audit representatives from a wide range of private and public organizations. http://www.caacci.org
For the original version on PRWeb visit: https://www.prweb.com/releases/the_construction_audit_cost_control_institute_announces_fall_training_events/prweb15663588.htm
An in-depth conversation with six successful Bay-Area women about regenerative culture, economy, and community
VACAVILLE, Calif. (PRWEB) July 31, 2018
Soul Food Farm is hosting its first-ever “Women of Abundance: Women Entrepreneurs in the Regenerative Culture, Economy, and Community” event. The gathering will be held on September 22, 2018, 11:00AM – 4:00PM at Soul Food Farm in Vacaville, CA. Panelists made up of six successful, Bay Area women entrepreneurs will discuss the concepts of abundance and discuss what it means to be “regenerative”. Ticket prices are $75 for General Admission and $55 for Students. Tickets go on sale on Wednesday, August 1st.
To see the full agenda and register, go to https://www.soulfoodfarm.com/women-of-abundance-event/
Now more than ever, women’s voices are rising and joining together in support of one another’s
visions for our future. Soul Food Farm wants to be a part of that conversation and movement.
“I’ve been wanting to host a women’s conference for several years but the timing was never right, until now. Talking about abundance and how competition manifests have been key ideas I’ve contemplated since I started the farm. But more than anything, I like women; their energy, their creativity, their determination, and I wanted to bring as many women to the the farm as possible to share stories and to have a conversation about how can we lift each other up.” – Alexis Koefoed, Soul Food Farm
Women of Abundance: Women Entrepreneurs in the Regenerative Culture, Economy, and
Community strives to:
- Explore the concepts of abundance
- Discuss what it means to be regenerative
- Cultivate an economy where we grow through collaboration and conversation
Kelly D. Carlisle
Kelly D. Carlisle is the founder and Executive Director of Acta Non Verba: A Youth Urban Farm Project. As the heart of her community, her teaching farm reaches into the soul of Oakland and through adversity and determination, has turned her plot of soil and tender plants into a source of hope and affection for those who come to learn and participate in the healing powers of farming. She breaks the boundaries of what a nonprofit can accomplish, what an urban farm is and how to engage with the people who live in her neighborhood.
Elizabeth Pruitt, along with her husband Chad, is the co-founder of Tartine Bakery & Tartine Manufactory. For the last two decades, with the simple and soulful art of baking bread, she has created a new expectation of what defines delicious, satisfying and possible both in business and community. The bread and pastries of Tartine have been the building blocks for cookbooks, restaurants, chefs and bakers throughout San Francisco. She is a leader in the food culture of the Bay Area and continues to hold on to the core of her identity and work.
Nicolette Hahn Niman
Nicolette Hahn Niman is an attorney, writer, livestock rancher, and mother. She and her husband own and operate Niman Ranch in Bolines. Much of Nicolette’s time is spent speaking and writing about the problems resulting from industrialized food production, including essays she has written on the subject for the New York Times and Los Angeles Times. She is a regular speaker at food and farming events, and has been a keynote speaker at the Ecofarm Conference; the Ohio Ecological Food and Farming Conference; the National Catholic Rural Life Conference, among others.
Rebecca Burgess is the Executive Director of Fibershed, and Chair of the Board for Carbon Cycle Institute. She has over a decade of experience writing and implementing hands-on curriculum that focuses on the intersection of restoration ecology and fiber systems. She has taught at Westminster College, Harvard University, and has created workshops for a range of NGOs and corporations. She is the author of the best-selling book Harvesting Color, a bioregional look into the natural dye traditions of North America. She has built an extensive network of farmers and artisans within our region’s Northern California Fibershed to pilot the regenerative fiber systems model at the community scale.
Helena Sylvester is co-owner and lady farmer at Happy Acre Farm with her husband Matthew; currently in her fifth season with Happy Acre growing certified organic mixed vegetables and flowers for market and restaurants on 3 1⁄2 acres in the outer regions of the Bay Area. She was awarded 2017 40 under 40 business owners by Diablo Magazine, is a Carhartt ambassador and recently gave birth to the couples first child, August.
Jessica is a co-founder of Three Stone Hearth; the nation’s first Community Supported kitchen. Through the development of a unique business model for food preparation and processing, Three Stone Hearth has had hundreds of students, apprentices, interns, externs and volunteers bring their knowledge and spirit to the mission of serving community.
Originally inspired by the CSA model (Community Supported Agriculture), in which customers support a farm by committing in advance to a share of their produce, the customers of TSH support the kitchen by pre-ordering online, thus limiting speculation, risk and waste.
Erin has a deep abiding passion for agriculture and regenerative systems. Her spirit and brilliant mind drive her to reach out and be part of a new movement of spirited women in the Bay Area who are breaking new ground in the world of farming. Erin is fortunate to work with a number of non-profit and for-profit entities whose common thread is their work towards the emergence of health in and across systems. Currently, the majority of her time is happily engaged with the non-profit organization Fibershed, where she is collaboratively designing and implementing a pilot program to help land managers develop and implement carbon farm plans and a peer-to- peer support network of fellow carbon farmers.
Soul Food Farm is a small, family-owned farm in the Northern California countryside. Soul Food Farm is located at 6046 Pleasants Valley Road in Vacaville, California.
If you would like more information about this topic, please contact Alexis Koefoed at (707) 365-1798 or email at firstname.lastname@example.org or visit http://www.soulfoodfarm.com
For the original version on PRWeb visit: https://www.prweb.com/releases/women_of_abundance_at_soul_food_farm_on_september_22nd_in_vacaville_ca/prweb15658818.htm
Downtown Sarasota community to partner with Florida’s leading residential property management company
SARASOTA, Fla. (PRWEB) July 31, 2018
FirstService Residential, Florida’s leading residential property management company, has been selected to provide management services for Condominium on the Bay Association.
Situated on beautiful Sarasota Bay, the residential community is home to two 18-story towers and 20 marina suites. Each residence features a variety of spacious floor plans with the best views of Lido Key and Longboat Key.
The property offers unique amenities including a fishing pier, deep-water boat docks, kayak racks and lifts. Residents of the community also have access to two heated resort-style swimming pools, fitness room, spa, lighted tennis courts, 24-hour staffed security gate, and concierge in each tower.
Located along Boulevard of the Arts, Condominium on the Bay is surrounded by a thriving arts and entertainment scene. The community is minutes away from the Florida Studio Theater, Van Wetzel Performing Arts Hall, world-class museums, shops, restaurants and entertainment.
“We look forward to working with Condominium on the Bay to deliver our exceptional service standards,” said Mark Stoops, president, FirstService Residential. “We are confident that our property management solutions will enhance property values and the lifestyle of every resident in this community.”
“Many factors contributed to the selection of FirstService Residential as our professional management company,” said Tim Schoch, president, Condominium on the Bay Management Corporation. “The factors included reputation, feedback, and flexibility. Many of our dedicated owners, team players, and board members conducted on-site visits and personally talked with their management, employees, and residents. All reports were positive and contributed to the decision to select FirstService Residential.”
About FirstService Residential
FirstService Residential is North America’s largest manager of residential communities and the preferred partner of HOAs, community associations and strata corporations in the U.S. and Canada. FirstService Residential’s managed communities include low-, mid- and high-rise condominiums and cooperatives, single-family homes, master-planned, lifestyle and active adult communities, and rental and commercial properties.
With an unmatched combination of deep industry experience, local market expertise and personalized attention, FirstService Residential delivers proven solutions and exceptional service that add value, enhance lifestyles and make a difference, every day, for every resident and community it manages. FirstService Residential is a subsidiary of FirstService Corporation, a North American leader in the property services sector. For more information, visit http://www.fsresidential.com.
For the original version on PRWeb visit: https://www.prweb.com/releases/firstservice_residential_selected_to_provide_management_services_for_luxury_waterfront_condominium_in_sarasota_bay/prweb15663440.htm
Awards honor late founder of Wisdom National Brands® makers of SweetLeaf Stevia Sweetener®
TUCSON, Ariz. & GILBERT, Ariz. (PRWEB) July 31, 2018 Prominent Stevia Leaders Win First Ever James A. May Father of Stevia Awards at Global Co…