Community News 

 

MERCERSBURG FINANCIAL CORPORATION ANNOUNCES 3rd QUARTER DIVIDEND

 

The Board or Directors of Mercersburg Financial Corporation, parent company of First Community Bank of Mercersburg, declared a dividend of $0.12 per share to shareholders of record October 24, 2016, payable on October 31, 2016. 

President and Chief Executive Officer Robert J. Fignar, CFP, stated, “We have experienced an increase in loan demand and loan balances have increased by approximately $6.8 million year to date.  We are experiencing steady growth throughout 2016 and continue to look to the future and a more normalized interest rate environment.”  

“Consolidated year-to-date income was $630,244, and represents a 16.78% decrease over the same period in 2015. Of significant importance is the increased provisioning to the Allowance for Loan Losses, which has increased by $320,000 in 2016 when compared to 2015. This includes two  significant losses resulting in the additional provisioning expense.  Loan delinquency is well controlled at 0.92%, and the ratio of Allowance for Loan Losses to Loans was 1.03%.  The Tier One Leverage ratio measured 11.69%.”    

First Community Bank of Mercersburg offers six convenient locations in the communities of Mercersburg, Fort Loudon, Greencastle, Chambersburg and Scotland.

 

First Community Bank of Mercersburg Brings the Beach and Sun to the Path Valley Parade!

Group Pic

Jim Junkin on Float   Lifeguard

 

MERCERSBURG FINANCIAL CORPORATION ANNOUNCES 2nd QUARTER DIVIDEND

 

The Board or Directors of Mercersburg Financial Corporation, parent company of First Community Bank of Mercersburg, declared a dividend of $0.12 per share to shareholders of record July 25, 2016, payable on July 29, 2016.

President and Chief Executive Officer Robert J. Fignar, CFP, stated, “We have experienced an increase in loan demand and loan balances have increased by approximately $5.6 million year to date.  We continue to look to the future and a more normalized interest rate environment.” 

“Consolidated year-to-date income was $435,888, and represents a 14.17% decrease over the same period in 2015. Of significant importance is the increased provisioning to the Allowance for Loan Losses, which has increased by $225,000 in 2016 when compared to 2015.  Loan delinquency is well controlled at 0.97%, and the ratio of Allowance for Loan Losses to Loans was 1.04%.  The Tier One Leverage ratio measured 11.79%.”   

First Community Bank of Mercersburg offers six convenient locations in the communities of Mercersburg, Fort Loudon, Greencastle, Chambersburg and Scotland. 

 

MERCERSBURG FINANCIAL CORPORATION ANNOUNCES 1st QUARTER DIVIDEND

 

The Board or Directors of Mercersburg Financial Corporation, parent company of First Community Bank of Mercersburg, declared a dividend of $0.12 per share to shareholders of record April 25, 2016, payable on April 29, 2016.

President and Chief Executive Officer Robert J. Fignar, CFP, stated, “The Primary objectives of the Bank in 2016 continue to be quality loan growth and the further reduction of Nonperforming Assets (NPAs).  We are off to a good start in meeting both objectives, with the first quarter loan growth amounting to an annualized rate of 8.7% and NPAs being reduced to .70% of assets.  Our pipeline has shown considerable strength in the first quarter and we expect this to continue into the near future.  Annualized asset and deposit growth finished the quarter at 4.16% and 4.49% respectively.” 

“Consolidated year-to-date income was $233,630, and represents a 1.41% increase over the same period in 2015. Loan delinquency is well controlled at 0.87%, and the ratio of Allowance for Loan Losses to Loans was 0.96%.  The Tier One Leverage ratio measured 11.88% as compared to 11.78% in 2015.”   

 

First Community Bank of Mercersburg Board Member Colonel William Sanders, Jr., win Tuscarora Area Chamber of Commerce Business Person of the Year Award

Business Person of the Year

Tuesday, March 29th, the Tuscarora Area Chamber of Commerce awarded FCB Director Colonel William Sanders, Jr., with the prestigious Business Person of the Year Award.  Bill is a VERY deserving recipient with his years of service to his country, the community, his church, our bank, and his beloved family.

 

 

 

 

 

 

 

 

 Free Community SHRED DAYS

2 Locations for your convenience!

Friday, March 18th, 10AM - 12PM
First Community Bank of Mercersburg's North End Office
454 Loudon Road, Mercersburg, PA
717-328-5007

Friday, May 13th, 11AM - 3PM
First Community Bank of Mercersburg's Chambersburg Office
1680 Orchard Drive, Chambersburg, PA
717-262-4243

Senior Operations Officer Michele Ford Named Leadership Franklin County Alumni Chair

Michele Ford, Senior Operations Officer

Leadership Franklin County welcomes Michele Ford as she steps in to the role of Alumni Chair for LFC.  Michele is the Senior Operations Officer for First Community Bank of Mercersburg and is a LFC alumni from the class of 2010. She stays very active in the community serving on the LFC Community steering committee for the past 6 year, participating in running clubs, and most importantly supporting her biggest passion, her daughter Madison.    

Her goals for the Alumni Committee are to increase engagement with the LFC Alumni to allow all alumni to continue to work together to grow their community leadership skills, raise funds each year to support the LFC Community Alumni scholarship, and help alumni connect with needs in the community.

 

 

Facebook users are being targeted by scammers offering "Christmas Bonuses".

Scam:  Facebook Christmas Bonus

Who Is It Targeting:  Facebook Users

What Is It: Facebook users are receiving messages from individuals from their contact lists about winning a Christmas Bonus from Facebook.  The messages are actually coming from the cloned accounts of friends and state that the individual has one a Facebook Christmas Bonus Giveaway.  The target is then directed to contact a "Facebook Agent" who will message that the winning is a random contest sponsored by Powerball. The scammers will then ask for personal information in order to deliver the winnings.  They may also ask for a small "transfer fee" to transfer the money into the target's account. Needless to say, once the money or personal information has been given, the scammers disappear and do not award the "bonus". 

What Are They After: Personal Information and/or Direct Payment

How Can You Avoid It: If you receive a Facebook message stating that you have won something, chances are it is a scam. Especially, if you have not entered any contest.  Scammers are using cloned profiles from your friend list in order to gain trust so even if the message comes from a "friend" you should not trust it.  You can simply delete the message and inform your friend that their Facebook account has been hacked or cloned. If you have already given them your personal information, call the Identity Theft Resource Center at 888.400.5530 to see what steps you should take to protect yourself.

 

Employees Bring Holiday Cheer to Local Nursing Home Residents

Saturday, December 12th, First Community Bank of Mercersburg employees and their families visited residents of Brindle Estates to bring Holiday Cheer through Christmas Caroling.   

 Christmas Caroling

 

Senior Loan Officer Robert J. Moser presented Zane A. Miller Award by the Franklin County Area Development Corporation

Bob Moser Receives the Zane A. Miller Award

Robert J. Moser received this year’s Zane A. Miller Award, the highest recognition given by FCADC for his contributions to the growth and economic well-being of Franklin County, his moral character and his business, civic, and volunteer work.

"Robert has dedicated his adult life to community service and increasing the quality of life for Franklin County citizens," said L. Michael Ross, President of FCADC.

Moser has served the FCADC as a board member and long-time chairman of the loan review committee.  He is also active in the community, participating in organizations such as the Relay for Life in Greencastle, the Civitan Club, the Capitol Theatre Resource Committee, Memorial Square Fountain Restoration Committee and the Coyle Free Library, and also serves on the finance and pastor's parish committees for Edenville United Methodist Church.

Moser attributes his success to the support his wife of 37 years, Pat, and his two daughters, Tara and Shana.

"I'm just overwhelmed and to receive this prestigious award for doing the things that I love to do is just amazing," said Moser.