Valley Forecast With Scattered Thunderstorms
Partly sunny and humid today with a 30 percent chance of afternoon showers or thunderstorms and highs in the low to mid 80s. Tonight remains partly cloudy with lows in the low to mid 60s. Friday brings more sun and humidity with a 30 percent storm chance and similar highs. Weekend outlook shows showers Saturday then partly cloudy Sunday, with highs from the upper 70s to mid 80s and lows in the 60s.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
Virginia and West Virginia regional forecast update
Regional forecast for Virginia and West Virginia calls for partly sunny days with afternoon showers and possible thunderstorms. Virginia highs in the 80s, with lows in the 60s, while West Virginia sees partly cloudy conditions with highs in the upper 70s to mid-80s and overnight lows in the 50s to 60s.
Virginia Banks Show Mixed 1991 Results and Reserves
Virginia banks faced losses in 1991 from loan provisions and write‑offs but cited stronger equity ratios and steady reserves. Dominion’s profits declined due to measures shielding depositors, yet executives forecast higher year‑end equity and potential dividend returns. First American Bank posted a $358.3 million net loss for 1991 amid loan loss provisions, while Crestar highlighted resilience with a 5.91% equity ratio and a 10.6% risk‑based capital ratio.
MENTIONED IN THIS ARTICLE
Virginia
Groseclose
Weiss Research
Dominion
Harding
First American Bank of Virginia
Weiss
George L. Davis
First American
Washington, D.C
Wayne Alley
Crestar
Harrisonburg
Tidewater
Greater Washington
Alley
Stability Seen For Local S and Ls Amid Crisis
In Harrisonburg three savings and loan associations show signs of stabilization during a harsh industry downturn that included a bank failure. Investors Federal Savings Bank of Richmond, placed in conservatorship by the RTC, was sold to JP Morgan Florida in 1991, with services continuing for customers. The RTC backed the sale with about 195.4 million dollars and retained 204.5 million in assets. Weiss rated Investors an F for safety in 1991, while Black Diamond Savings Bank posted a 0.76% ROA in Q4 1991 with assets of 85.27 million and a 4.387% equity ratio. Rochester Community Savings Bank, parent of American Home Funding, is noted for one of the nation’s highest capital ratios, with 2.8 billion deposits and 7.65% equity-to-assets.
MENTIONED IN THIS ARTICLE
Savings and Loan
Harrisonburg
Investors Federal Savings Bank of Richmond
Resolution Trust Corp
RTC
J.P. Morgan Florida Federal Savings Bank
Palm Beach
Fla
J.P. Morgan Florida
Weiss Research Inc
Florida
Federal Deposit Insurance Corp
Black Diamond Savings Bank
Weiss
South Atlantic
Rochester Community Savings Bank
American Home Funding of
Salomon Brothers Inc
New York
Salomon Brothers
Rare brown panda found in Qinling mountains China
Wildlife officers in Shaanxi province discovered a brown and white panda on February 13 in the Qinling mountains. If confirmed, it would be only the third of its kind seen, following prior sightings in 1985 and 1991 in the same range reported by Xinhua citing Chinese Science News.
MENTIONED IN THIS ARTICLE
Beijing
China
Shaanxi
Qinling Mountains
Xinhua
Chinese Science News
Banks Earn Higher Ratings From Weiss On 1991 Assets
F&M Bank of Broadway earned an A minus safety rating with an 11.9 percent equity ratio and 442 million dollars in assets for 1991. Jefferson National Bank in Charlottesville was B plus with 1.6 billion in assets and 8.78 percent equity. Rockingham Heritage Bank in Harrisonburg was B with 18 million in assets and 15.04 percent equity. First National Bank of Broadway, un rated by Weiss, received a five star safety rating from Bauer Financial Reports Inc. The bank reported 1991 returns on assets of 0.67 percent and 1990s 1.55 percent, with 1992 five months at 1.74 percent.
MENTIONED IN THIS ARTICLE
Weiss
F&m Bank of Broadway
Jefferson National Bank
Charlottesville
Rockingham Heritage Bank of
Harrisonburg
First National Bank of
Broadway
Bauer Financial Reports Inc
Florida
Larry Bowman
Federal Banking Association
First National
Lottery Winners Across East Coast Reported
The Associated Press lists Wednesday night lottery results for Virginia Washington D C and West Virginia Lottery games include Pick 3 Pick 4 Lotto Daily Double Lucky Numbers Four and Powerball. Virginia familiar numbers were 4 5 2 4 5 5 8 and 3 20 21 32 38 43. Washington DC saw 89 20 Lucky Numbers 6 7 3 DC Four 7 9 7 1 DC Quick Cash 17 30 19 37 01 29. West Virginia posted Daily 3 7 8 6 Daily 4 5 2 1 6 Powerball 9 10 19 36 40 with powerball 39.
MENTIONED IN THIS ARTICLE
Associated Press
Virginia
Washington, D.C
D.C
West Virginia Daily
Daily
Also Mentioned on This Page
Dale Enterprise
Waam Stationary
H ‘A
Accu-Weather, Inc
Ohio
Roanoke
Bristol
Washington
Richmond
Norfolk
Associated Press GraphicsNet
New Orleans
Denver
Detroit
Atlanta
Fairbanks
Baltimore
Honolulu
Orlando
Boston
Houston
Philadelphia
Edy Christa
W.V
Buffalo
Banks
Davis
Federal Reserve
Crestar Bank
S&ls
U.S. League
Black Diamond
Wrong Heath
C. Robert Heath
James Heath
Daily News Record
East Luray Shopping Center
Mon
Sat. Biel Ait
Daily News-Record
Rockingham Publishing Company, Incorporated
South Liberty Street
P.O. Box
Sealy
Olympic
IBM
Leonard’s Discount Mattress
Rodamer
Acorn Industrial Park
Stickleys
Servic
Market St
Harrisonburg, VA
Meti
Beauty Ike
Tom Comork
T.w.ebee
T.W
Harrisonburg Mall
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