ROANOKE TIMES
Copyright (c) 1996, Roanoke Times
DATE: Friday, July 26, 1996 TAG: 9607260042
SECTION: BUSINESS PAGE: B7 EDITION: METRO
Acordia Inc.
2nd qtr. ended 6-30 1996 1995
Revenues $162.9 million $133.5 million
Net Income $6.8 million $6.0 million
Share earnings 47 cents 42 cents
6 mos. ended 6-30
Revenues $327.6 million $266.2 million
Net Income $14.1 million $13.3 million
Share earnings 98 cents 92 cents
Acordia Inc., based in Indianapolis, is the world's seventh-largest insurance brokerage firm. It has an office in Roanoke.
Blue Ridge Bank
2nd qtr. ended 6-30 1996 1995
Net Interest Income $864,000 $778,000
Net Income $344,000 $274,000
Share earnings $1.54 $1.22
6 mos. ended 6-30
Net Interest Income $1.7 million $1.5 million
Net Income $671,000 $508,000
Share earnings $3.00 $2.27
Community National Bank
2nd qtr. ended 6-30 1996 1995
Net Interest Income $1.05 million $830,000
Net Income $504,000 $297,000
Share earnings $1.04 58 cents
6 mos. ended 6-30
Net Interest Income $2.0 million $1.7 million
Net Income $843,000 $564,000
Share earnings $1.74 $1.17
First Citizens BancShares Inc.
2nd qtr. ended 6-30 1996 1995
Net Interest Income $71.2 million $60.7 million
Net Income $16.4 million $12.6 million
Share earnings $1.43 $1.19
6 mos. ended 6-30
Net Interest Income $138.4 million $120.6 million
Net Income $33.2 million $24.8 million
Share earnings $2.95 $2.36
First Citizens BancShares Inc., based in Raleigh, N.C., has a branch in the New River Valley. Its Virginia headquarters is in Roanoke.
First National Bank of Rocky Mount
2nd qtr. ended 6-30 1996 1995
Net Interest Income $2.0 million $1.6 million
Net Income $740,000 $589,000
Share earnings 75 cents 57 cents
6 mos. ended 6-30
Net Interest Income $3.8 million $3.2 million
Net Income $1.5 million $1.2 million
Share earnings $1.49 $1.16
Lawyers Title Corp.
2nd qtr. ended 6-30 1996 1995
Revenues $149.3 million $115.0 million
Net Income $9.0 million $3.2 million
Share earnings $1.02 36 cents
6 mos. ended 6-30
Revenues $272.1 million $223.2 million
Net Income $13.6 million $4.2 million
Share earnings $1.53 million 47 cents
Lawyers Title Corp., headquartered in Richmond, has a regional office in Roanoke.
Patrick Henry National Bank
2nd qtr. ended 6-30 1996 1995
Net Interest Income $2.9 million $2.7 million
Net Income $1.05 million $970,000
Share earnings 58 cents 51 cents
6 mos. ended 6-30
Net Interest Income $5.6 million $5.4 million
Net Income $2.1 million $2.0 million
Share earnings $1.13 $1.05
Peoples National Bank
2nd qtr. ended 6-30 1996 1995
Net Interest Income $2.84 million $2.84 million
Net Income $1.7 million $1.2 million
Share earnings $1.07 74 cents
6 mos. ended 6-30
Net Interest Income $5.96 million $5.72 million
Net Income $3.1 million $2.4 million
Share earnings $1.93 $1.48
USAir Group Inc.
2nd qtr. ended 6-30 1996 1995
Revenues $2.1 billion $1.9 billion
Net Income $200.8 million $112.9 million
Share earnings $2.71 $1.47
6 mos. ended 6-30
Revenues $4 billion $3.7 billion
Net Income $168.5 million $16 million
Share earnings Not available Not available
Arlington-based USAir Group operates air service at Roanoke Regional Airport. The 1996 second quarter net income included a $41.2 million set-aside to cover obligations of a employee profit-sharing plan first made in 1992. The results also include a one-time gain of $29.5 million from the subleasing of aircraft.
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