Local business briefs

April 18, 2004

Bank's earnings increase 24.2 percent

CKF Bancorp, Inc., parent company of Central Kentucky Federal Savings Bank, reported consolidated net earnings of $415,786 for the three months ended March 31, compared with $344,673 for the same period last year, an increase of 24.2 percent. Diluted earnings per share were 30 cents, compared with 25 cents for the same period last year.

Earnings per share reported reflect the company's two-for-one stock split in the form of 100 percent stock dividend, which was payable on Dec. 11.

Total assets as of March 31 were $147.3 million compared with $145 million on Dec. 31. Deposits were $122.8 million on March 31, compared with $121.7 million on Dec. 31. Stockholders equity was $15.2 million on March 31, compared with $15.1 million on Dec. 31.


Central Kentucky Federal Savings Bank's main office is at 340 W. Main St. in Danville. The bank also operates full-service branches in Danville and Lancaster and a loan production office in Nicholasville.

Faulconer Mechanical Service expands

Faulconer Mechanical Service has added a new division focused on residential and light commercial heating, ventilation and air conditioning (HVAC) repair, maintenance and installation. It complements the company's commercial and industrial service division, which is also expanding to offer mechanical construction in addition to repair and maintenance.

"When we work with our large industrial and corporate clients across Central Kentucky, people inevitably ask if our technicians could also service their home HVAC system," said Bill Faulconer, president. "We're proud to now offer our expertise at people's homes, in addition to the school systems, factories, offices, retail and other commercial establishments we have served for many years. Putting together a construction team was a natural next step, allowing us to offer all clients comprehensive professional HVAC and refrigeration services."

Owners Bill and Linda Faulconer are natives of Boyle County, and the company is located in Perryville.

Gilliland honored at detention center

Cpl. Tammy Gilliland has been named employee of the month for March at the Boyle County Detention Center.

She has been employed at the detention center since November 2001 and was promoted to corporal March 5.

As resident nurse at the detention center, she is in charge of all medical examinations, appointments and records. She schedules doctor visits and regulates all medicines coming into the facility.

"She is very dedicated to her work," Boyle County Jailer Barry M. Harmon said in a press release. "The detention center is very fortunate in having her as an employee."

Richardson speaks at tea event

Bruce Richardson, owner of Elmwood Inn Fine Teas in Perryville, was one of the speakers at the 2004 Take Me 2 Tea Expo held recently in Las Vegas.

More than 2,500 tea professionals attended the event, which was the largest gathering of tea shop owners and tea-related businesses ever assembled in America. Brokers and growers from every major tea growing country were represented.

Richardson's presentations included a workshop on opening a tea room and a class on developing media relations.

Richardson is a frequent speaker at tea events across America. He has contributed five tea articles for magazines this year, including Cape Cod Life, Tea Magazine, and Tea Time.

Richardson, and his wife, Shelley, have written five tea books through Elmwood Inn's publishing division, Benjamin Press. Their wholesale tea company supplies tea rooms and retail stores in 40 states.

Central Kentucky News Articles