FAIR LAWN

Make Music Day Rings in the Summer with a Worldwide Celebration of Music

Retrieved on: 
Tuesday, April 30, 2024
Cloud, Elixir, Music, Partnership, NAMM Show, NAMM, Growth, Hohner, Singing, Wind, Garden, Brood XIII, Friends, City, Series, Brood XIX, Free, Instrument, Fête de la Musique, NFHS, Choir, Elixir Strings, Come as You Are, State Street, Student, Medeski Martin & Wood, The, PDF, Ageing

NEW YORK, April 30, 2024 /PRNewswire/ -- Make Music Day, the worldwide festival of making music held annually on the summer solstice, today announced the return of its vast program with over 5,000 live, free music-making events across the United States on Friday, June 21.

Key Points: 
  • Completely different from a traditional music festival, Make Music Day activities are free and open to anyone wanting to participate.
  • "We are thrilled with the continued growth of our Make Music Day partnership that celebrates the joy of making music worldwide," said John Mlynczak, NAMM president and CEO.
  • In the spirit of Make Music Day, the piece is radically inclusive, with optional parts to accommodate any kind of school musician.
  • Make Music Day is presented in the U.S. by The NAMM Foundation and coordinated by the nonprofit Make Music Alliance.

Abra Health Group Expands Reach In New Jersey with Grand Opening of New Dental and Pediatric Primary Care Offices in Newark

Retrieved on: 
Wednesday, February 14, 2024
Health, Medical Devices, Other Health, Managed Care, Dental, General Health, Biotechnology, Multimedia, Dental care, Patient, Outpatient surgery, Health insurance

Abra Health Group, a leading dental support and medical support organization, proudly announces the grand opening of its newest offices in Newark, NJ.

Key Points: 
  • Abra Health Group, a leading dental support and medical support organization, proudly announces the grand opening of its newest offices in Newark, NJ.
  • Abra Dental, the dental division of Abra Health Group, and Abra Health, its pediatric primary care division, are now open at 223 Bloomfield Ave, Newark, NJ.
  • View the full release here: https://www.businesswire.com/news/home/20240214605525/en/
    The Abra Health / Abra Dental facility is located at the corner of Bloomfield Ave and Highland Ave near Branch Brook park in Newark, NJ.
  • (Photo: Business Wire)
    Strategically positioned near Branch Brook Park, the new and third Abra Dental office in Newark offers comprehensive dental and orthodontic care for patients of all ages, while Abra Health provides pediatric primary care services.

Columbia Financial, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2023

Retrieved on: 
Thursday, January 25, 2024
Columbia, FDIC, FAIR, Bank, FHLB, Government, Environment, GAAP, Sale, Tax, Federal Home Loan Banks, Three Months, Workforce, Federal Deposit Insurance Corporation, Growth

Results of Operations for the Three Months Ended December 31, 2023 and December 31, 2022

Key Points: 
  • Results of Operations for the Three Months Ended December 31, 2023 and December 31, 2022
    Net income of $6.6 million was recorded for the quarter ended December 31, 2023, a decrease of $15.3 million, or 70.0%, compared to net income of $21.9 million for the quarter ended December 31, 2022.
  • Net interest income was $45.3 million for the quarter ended December 31, 2023, a decrease of $23.1 million, or 33.7%, from $68.4 million for the quarter ended December 31, 2022.
  • Prepayment penalties, which are included in interest income on loans, totaled $419,000 for the quarter ended December 31, 2023, compared to $1.0 million for the quarter ended December 31, 2022.
  • The provision for credit losses for the quarter ended December 31, 2023 was $1.2 million, an increase of $184,000, from $971,000 for the quarter ended December 31, 2022.

Columbia Financial, Inc. Announces Financial Results for the Third Quarter Ended September 30, 2023

Retrieved on: 
Wednesday, October 25, 2023
Sale, FDIC, Bank, Tax, Federal Home Loan Banks, Three Months, Government, Pressure, Workforce, FAIR, Environment, Growth, FHLB, Columbia, Lender option borrower option, Life insurance, Clothing, Insurance, Cryptocurrency, Security (finance), Real estate

Net interest income was $48.5 million for the quarter ended September 30, 2023, a decrease of $20.6 million, or 29.8%, from $69.2 million for the quarter ended September 30, 2022.

Key Points: 
  • Net interest income was $48.5 million for the quarter ended September 30, 2023, a decrease of $20.6 million, or 29.8%, from $69.2 million for the quarter ended September 30, 2022.
  • Prepayment penalties, which are included in interest income on loans, totaled $83,000 for the quarter ended September 30, 2023, compared to $639,000 for the quarter ended September 30, 2022.
  • Total interest expense was $49.9 million for the quarter ended September 30, 2023, an increase of $39.1 million, or 363.0%, from $10.8 million for the quarter ended September 30, 2022.
  • For the quarter ended September 30, 2023, net charge-offs totaled $1.7 million, as compared to $208,000 in net charge-offs recorded for the quarter ended September 30, 2022.

Columbia Financial, Inc. Announces Financial Results for the Second Quarter Ended June 30, 2023

Retrieved on: 
Wednesday, July 26, 2023
Workforce, Lender option borrower option, Share repurchase, Tax, FDIC, Sale, Government, Federal Home Loan Banks, Columbia, Growth, Bank, Three Months, FAIR, Life insurance, Clothing, Cryptocurrency, Insurance

Net interest income was $51.2 million for the quarter ended June 30, 2023, a decrease of $15.4 million, or 23.1%, from $66.5 million for the quarter ended June 30, 2022.

Key Points: 
  • Net interest income was $51.2 million for the quarter ended June 30, 2023, a decrease of $15.4 million, or 23.1%, from $66.5 million for the quarter ended June 30, 2022.
  • Prepayment penalties, which are included in interest income on loans, totaled $116,000 for the quarter ended June 30, 2023, compared to $1.5 million for the quarter ended June 30, 2022.
  • The provision for credit losses for the quarter ended June 30, 2023 was $1.1 million, a decrease of $461,000, from $1.5 million for the quarter ended June 30, 2022.
  • For the quarter ended June 30, 2023, net charge-offs totaled $495,000, as compared to $105,000 in net recoveries recorded for the quarter ended June 30, 2022.

Interact Marketing To Open New Satellite Office in New Paltz NY

Retrieved on: 
Friday, June 30, 2023
Main Street, Interactive marketing, Executive Drive station, Interact, SUNY, Commerce, Marketing, Television

NEW PALTZ, N.Y., June 29, 2023 /PRNewswire-PRWeb/ -- Interact Marketing, a leading NY digital marketing agency, announced this week that they will be opening a satellite office on Main Street in New Paltz, NY. This is the fifth satellite location for the business, which has maintained its headquarters in Orange County, NY, since its inception in late 2007, and maintained other office locations in the area - including an embedded office at the Orange County Chamber of Commerce for several years.

Key Points: 
  • Interact Marketing, a leading NY digital marketing agency, announced this week that they will be opening a satellite office on Main Street in New Paltz, NY.
  • NEW PALTZ, N.Y., June 29, 2023 /PRNewswire-PRWeb/ -- Interact Marketing, a leading NY digital marketing agency, announced this week that they will be opening a satellite office on Main Street in New Paltz, NY.
  • This is the fifth satellite location for the business, which has maintained its headquarters in Orange County, NY, since its inception in late 2007, and maintained other office locations in the area - including an embedded office at the Orange County Chamber of Commerce for several years.
  • "Satellite offices provide us with massive flexibility and allow us to better serve clients in different regions", said CEO Joe Beccalori.

Columbia Financial, Inc. Announces Sixth Stock Repurchase Program

Retrieved on: 
Thursday, May 25, 2023
MHC, District of Columbia Financial Control Board, Share repurchase, FAIR, Securities and Exchange Commission (Nigeria), Security (finance)

On December 14, 2022, the Company announced its fifth stock repurchase program which authorized the purchase of up to 3,000,000 shares.

Key Points: 
  • On December 14, 2022, the Company announced its fifth stock repurchase program which authorized the purchase of up to 3,000,000 shares.
  • The Company completed the 3,000,000 share repurchase under this plan at a cost of $57.7 million, or $19.24 per share.
  • Thomas J. Kemly, President and Chief Executive Officer of the Company, stated: “I am happy to announce a new stock repurchase program.
  • The repurchase program does not obligate the Company to purchase any particular number of shares and it may be extended, modified or discontinued at any time.

Columbia Financial, Inc. Announces Financial Results for the First Quarter Ended March 31, 2023

Retrieved on: 
Wednesday, April 26, 2023
Lender option borrower option, Federal Reserve, Insurance, FHLB, Federal, Tax, Risk management, FDIC, History, Sale, Government, Federal Home Loan Banks, IntraFi Network, Acquisition, Columbia, Bank, Three Months, FAIR, Real estate, Maple syrup, Cryptocurrency

Net interest income was $60.9 million for the quarter ended March 31, 2023, a decrease of $1.9 million, or 3.0%, from $62.7 million for the quarter ended March 31, 2022.

Key Points: 
  • Net interest income was $60.9 million for the quarter ended March 31, 2023, a decrease of $1.9 million, or 3.0%, from $62.7 million for the quarter ended March 31, 2022.
  • Prepayment penalties, which are included in interest income on loans, totaled $200,000 for the quarter ended March 31, 2023, compared to $1.3 million for the quarter ended March 31, 2022.
  • Non-interest income was $8.1 million for the quarter ended March 31, 2023, an increase of $1.0 million, or 14.7%, from $7.0 million for the quarter ended March 31, 2022.
  • For the quarter ended March 31, 2023, net charge-offs totaled $104,544, as compared to $111,090 in net recoveries recorded for the quarter ended March 31, 2022.

NJ SPINE AND WELLNESS WILL BECOME ALLIANCE ORTHOPEDICS WITH A NEW NAME, NEW LOOK, SAME COMMITMENT TO EXCELLENCE.

Retrieved on: 
Thursday, April 13, 2023
Kean University, Spine, Podiatry, Surgeon, Rehabilitation, Orthopedic surgery, Occupational therapy, Patient, Pain management, DRX, Conference, Wellness, Nursing

MORGANVILLE, N.J., April 13, 2023 /PRNewswire/ -- NJ Spine and Wellness, a leading provider of orthopedic care in Middlesex and Monmouth County, NJ, announces its rebranding to Alliance Orthopedics.

Key Points: 
  • MORGANVILLE, N.J., April 13, 2023 /PRNewswire/ -- NJ Spine and Wellness, a leading provider of orthopedic care in Middlesex and Monmouth County, NJ, announces its rebranding to Alliance Orthopedics.
  • Over the last 10 years as NJ Spine and Wellness, the team has proudly formed an alliance of medical professionals across disciplines to help patients collapse time frames and get better, faster.
  • Beginning in early May, NJ Spine and Wellness located in Freehold, East Brunswick and Matawan will be known as Alliance Orthopedics.
  • This rebrand signals an exciting opportunity in the organization's growth across the state as they join existing Alliance Orthopedics locations in Fair Lawn and Bloomfield.

Update of the Financial Strength of Columbia Financial, Inc.

Retrieved on: 
Sunday, March 12, 2023
AOCI, District of Columbia Financial Control Board, Untapped, Annual report, Security (finance), Federal Reserve, Risk, Silvergate Bank, Silicon, Sale, Bank, Federal, Silvergate, FHLB, Bloomberg L.P. v. Board of Governors of the Federal Reserve System, Bank statement, Sumathi Best Television Current Reporting Award, Silicon Valley Bank, FAIR, Structure of the Federal Reserve System, O'Hara, U.S. Treasury, COVID-19, Regulation, Cryptocurrency, Credit

Cryptocurrency is extremely volatile and venture capital and early stage companies rely on new capital to fund early-stage cash burn.

Key Points: 
  • Cryptocurrency is extremely volatile and venture capital and early stage companies rely on new capital to fund early-stage cash burn.
  • Columbia Bank is a community bank with a diverse depositor base with over 210,000 accounts serviced through 64 branches with an average depositor account balance of approximately $37,000.
  • Columbia Financial does not have any significant depositor concentrations.
  • Columbia Financial does have unrealized losses on its available for sale bond portfolio, just like almost every other bank in America.