Corporate Profile for First Central Financial, dated Oct. 25, 1996.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine See AOL. , CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy, Comtex, and many others. -0-
Published Date: Oct. 25, 1996
Company Name: First Central Financial Corporation
Address: 266 Merrick Road
Lynbrook, N.Y. 11563
Main Telephone
Number: 516/593-7070
Chief Executive
Officer: Martin J. Simon
Investor Relations
Contact: Allan G. Minsky
Business number: 516/593-7070 ext. 312
Trading Symbol: FCC
Industry: Insurance: Property & Casualty
Company description: First Central Financial Corp. was incorporated under laws of the State of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of on May 18, 1983 and is the parent company of First Central Insurance Co. and Mercury Adjustment Bureau Inc. First Central Insurance writes multiple lines of property and casualty insurance, including Commercial, Multiple, Workers' Compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. , General Liability, Automobile Liability and Physical Damage, Products Liability, Fire, Allied Lines, Boiler and Machinery, Glass, Burglary and Theft, and Inland Marine. Mercury Adjustment Bureau is a licensed insurance adjuster and represents the interests of a number of property and casualty insurers and self-insurers who conduct their insurance business in the State of New York. The following were selected from financial results reported at Dec. 31, 1995: $000 Premiums Written 72,294 Net Premiums Written 50,568 Net Premiums Earned 53,034 Total Revenues 59,897 Losses 34,724 Loss Adjustment Expense 7,337 Total Expenses 60,493 Net Income 361 Total Investments 100,679 Total Assets 168,460 Total Liabilities 135,123 Total Shareholders' Equity Shareholders' Equity A firms' total assets minus its total liabilities. Equivalently, it is share capital plus retained earnings minus treasury shares. Shareholders' equity is the amount by which a company is financed through common and preferred shares. 33,338 Stock Price: High 7 3/4 Low 5 3/4 CONTACT: First Central Financial Corporation |
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