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Business Briefs

April 01, 2007

The First National Bank of Greencastle



GREENCASTLE, Pa. - The quarterly meeting of the Board of Associates of The First National Bank of Greencastle was held Tuesday, March 13, at Gibble's Restaurant in Marion, Pa.

Jeff Shank, President and CEO, introduced Andrew Stephens as the bank's new Information Technology security officer and Jason Divelbiss, the bank's newest board of associates member.

Chief Financial Officer Franklin T. Klink III reviewed the financial condition of Tower Bancorp Inc., parent company of The First National Bank of Greencastle. Total assets increased by 54 percent to $541 million. Loans increased 70 percent to $390 million while deposits increased 57 percent to $410 million. Stockholders equity increased 69 percent to $82 million and net income increased 22 percent to $6.1 million. Net interest income increased 40 percent. These increases were due to Tower Bancorp's merger with FNB Financial Corp., parent company of The First National Bank of McConnellsburg.

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DHR Construction



MIDDLETOWN, Md. - DHR Construction, an historic restoration contractor, has announced the "HIP," or historic incentive, program.

The program was designed to provide full construction compliance for owners of historic structures in evaluating and collecting available grants, loans and/or tax incentives.

DHR's program complies with the standards allowing property owners to apply for grants, loans and tax incentives from state and federal governments, for structures located in historic districts and eligible for or on the national register, according to a prepared release.

More information may be obtained by contacting DHR Construction at 301-371-7420 or by going to www.DHR-construction.com.




Barnes & Noble



FREDERICK, Md. - Barnes & Noble Inc. will open a bookstore on Wednesday, April 4, in the Francis Scott Key Mall at 5500 Buckeystown Pike in Frederick.

The store will stock close to 200,000 book, music, DVD and magazine titles and will have a caf that serves Starbucks coffee.

The Barnes & Noble store will be open Monday through Saturday from 9 a.m. to 11 p.m. and on Sunday from 9 a.m. to 9 p.m.

The public is invited to a preview night party at the store on Tuesday, April 3, from 6 to 9 p.m. A portion of sales from the preview night will benefit Frederick County Public Schools.

Students from the school system will provide musical entertainment and The Cat in the Hat will be on hand.




Marshalls



The Marshalls store at the Centre at Hagerstown has expanded its family footwear department, creating the Marshalls Shoe MegaShop.

The store will continue to offer designer and brand name fashions and home accents, along with a 5,000-square-foot footwear department.

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