first_imgDonegal Bay Rowing Club has literally grown from being a ‘shell’ of an idea to a thriving club.The club is nback in full-swing and preparing for various regattas throughout the county.It has come along way in just over a year when it had no boats, no trailer – NOTHING – except the shell of a Skiff. The club is now the proud owners of two Skiffs.The Racing Skiff was completely reconstructed from the shell while the Training Skiff was located in a nearby county and was also completely refurbished during the winter months.These refurbishing were carried out by club members to a very high standard and funded by our club. Both are now berthed side by side at the pier in Donegal Town.A purpose built trailer was purchased – built locally and now ready for use. The club is now open for new members. If you think you would like to learn how to row and be part of a team sport then come along on Wednesday evenings from 7-9pm.If you like the sport and want to join – membership forms will be available on the night from existing club members. The only item you require to row is your own life jacket. All members must own their own life jacket. The cost of membership is €50.00.Any further information on the club you can call us on 087 6068401 or join us on facebook(Donegal Bay Rowing Club)    DONEGAL ‘ROWING’ IN BEHIND NEW CLUB! was last modified: May 14th, 2012 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:DONEGAL BAY ROWING CLUBlast_img read more

Local bank stock demand beats limit

first_imgVALENCIA – The Bank of Santa Clarita raised more than $8 million in a secondary stock offering, some $1 million more than state regulators would routinely allow, so officials said Tuesday they have applied to increase the size of the offering. An application submitted Monday to the state Department of Financial Institutions seeks to raise the July stock offering’s $7 million limit by 10 percent – or $700,000. Any remaining amounts not covered by the application will be returned. Strong demand pushed the second-offering price per share past the initial $17 and boosted the total raised to $8.2 million by the closing on Sept. 30. James D. Hicken, the bank’s president and chief executive officer, said it’s typical for banks to overreach, especially when there is interest. “The secondary offering was a resounding success, and we are very pleased with the results,” he said in a printed statement. “The community continues to show strong support for our locally headquartered banking franchise. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREThe top 10 theme park moments of 2019 “When you set an offer price to an offer, it needs to be reasonable to the shareholder, and it needs to be reasonable to the people you’re selling the stock to. There is still a lot of excitement for the bank stock.” The locally based bank opened nearly a year ago – the first to open for Santa Clarita in two years. Shares of the bank, traded in the Over-The-Counter Bulletin Board, held steady at $18 Tuesday. The bank reported second-quarter losses of $457,000, down from $539,000 in the first quarter of 2005. Deposits at the start-up totaled more than $26.6 million, up from $9.3 million during the first six months of the year, while loans grew from $6.4 million to $24.3 million. “We conducted the secondary stock offering to provide additional capital for the bank’s expansion and growth strategy,” Hicken said. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more