Borrower Unexpectedly Ceases Operations.ST. CLAIRSVILLE St. Clairsville may refer to:
On Mon., April 26, 1999, Schwartz Homes Inc. voluntarily and unexpectedly closed their Mega Store operation. Schwartz is a large commercial customer of Belmont National Bank, a subsidiary of Belmont Bancorp. (Nasdaq Small Cap:BLMT). The Bank and other creditors have been working with Schwartz management to determine the next course of action. Currently it is premature to estimate the full financial impact this situation will have on Belmont until there has been an opportunity to completely evaluate all aspects of operation. Belmont is working toward a quick resolution to this situation and intends to keep the investing public fully informed. Certain statements in this release contain forward looking information. These statements are subject to certain risks and uncertainties. These risks and uncertainties could cause actual results to differ materially from the current statements. Belmont Bancorp. is a $446 million holding company with Belmont National Bank offices in Bellaire, Bridgeport, Cadiz, Lansing, New Philadelphia New Philadelphia, city (1990 pop. 15,698), seat of Tuscarawas co., E Ohio, on the Tuscarawas River, in a coal and clay area; founded 1804, inc. 1833. Foundry products, machinery, and pottery are made. The Tuscarawas Campus of Kent State Univ. is there. , The Ohio Valley Mall Valley Mall may refer to:
Shadyside is a village in Belmont County, Ohio, United States, along the Ohio River. It is part of the Wheeling, West Virginia Metropolitan Statistical Area. and in the Woodsdale and Elm Grove Elm Grove may refer to:
|
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion