Baldwin & Lyons, Inc. today announced net income for the quarter of $10.3 million or $.69 per share. This compares to net income of $.74 per share for the prior year period. Operating income, defined as net income before investment gains and losses, was $6.4 million for the quarter, or $.43 per share, as compared [...]
Mercantile Capital Corporation Ends Best Year Ever With Commercial Property Loans That Total More Than $140 Million
Mercantile Capital Corporation, the wholly-owned subsidiary of Old Florida National Bank that specializes in U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, reported its best year ever in 2010.
Christopher Hurn, chief executive officer of the seven-year old company, said Mercantile Capital Corp. closed [...]