Local Business Briefs

October 25, 2004

Perros named to curriculum committee for Securities Industry Institute

Mike Perros, a senior vice president of Hilliard Lyons and branch manager in Danville, has been appointed to the curriculum committee for the Securities Industry Institute.

The institute is an education program held annually for securities professionals offered each summer at the University of Pennsylvania's Wharton School of Business.

The committee is comprised of eight members, each selectively chosen by the Board of Trustees of the Security Industry Association, a trade group.


Perros has been a member of the board for a number of years, and was recently awarded a certificate of gratitude for his work. On the committee, Perros will guide the development of coursework focused on industry trends, economics, ethics, finance, management and marketing.

"I am honored to have achieved such a high level of respect from peers in the industry who, in my opinion, represent the best talent in their field," Perros said. "This will be an incredible learning experience that will strengthen and sharpen my skills as a professional in the investment field."

Hughes promoted at Northpoint

Craig Hughes of Jamestown has been promoted to the position of correctional unit administrator I at Northpoint Training Center.

Hughes began his employment at Northpoint as a correctional officer in 1999. He was promoted to classification and treatment officer I in 2001.

Free training for Casey workers

LIBERTY - A Hospitality Training Program for owners, managers and front-line employees will be available for Casey County workers 9:30 a.m.-noon Nov. 10. The training is offered free by the local Economic Development Authority and Southern and Eastern Kentucky Tourism Development Association.

Arlen Sanders, executive director for the Economic Development Authority, said classes will fill up fast and a priority will be given to people who work at restaurants, accommodation facilities, and businesses that are tourist-related. Training materials are free.

Call Sanders at (606)787-9973, or Jodie Atwood at (606) 787-6463 to register for the training before the Nov. 5 deadline.

Sparrow installed as council president

Linda C. Sparrow, a Danville Realtor with Coldwell Banker VIP Realty, Inc. has been installed as 2005 state president for the Kentucky Chapter of Certified Residential Specialists Council.

She was installed Sept. 22 during the Kentucky Association of Realtors Convention held in Bowling Green.

Sparrow also was elected and installed for a three-year term as Kentucky Delegate at Large for the convention. Sparrow also will serve as District 6 Trustee for the Realtors Political Action Committee (RPAC) for a three-year term.

The Council of Residential Specialists is the largest non-profit affiliate of the National Association of Realtors. Only 40,000 Realtors nationwide have earned the certification. Sparrow recently returned from the National CRS Leadership Training held in Scottsdale, Ariz.

Busher named employee of the month at jail

Lt. Jack Busher has been named September employee of the month at the Boyle County Detention Center.

Busher has been employed at the detention center since April 2001. He is the first-shift supervisor and oversees the daytime, day-to-day operation of the jail.

"He knows the work of the detention center very well," said Boyle County Jailer Barry M. Harmon. "Jack does most of the booking and releasing of the inmates on day shift. Lt. Busher is very dedicated to his work. The detention center is very fortunate in having him as an employee."

CKF Bancorp earnings up 21.6 percent

CKF Bancorp, Inc., parent company of Central Kentucky Federal Savings Bank, reported consolidated net earnings of $489,136 for the three months ending Sept. 30, compared to $402,137 for the three months ending Sept. 30, 2003, an increase of 21.6 percent. Diluted earnings per share were 35 cents for the quarter ending Sept. 30, compared to 29 cents for the same quarter last year.

Consolidated net earnings for the nine months ending Sept. 30 were $1,357,364, compared to $1,076,712 for the same period last year. Diluted earnings per share were 97 cents compared to 79 cents for the same period last year.

Total assets on Sept. 30 were $153 million compared to $145 million on Dec. 31, 2003. Deposits were $118.8 million on Sept. 30 compared to $121.7 million on Dec. 31. Stockholders' equity was $16.1 million on Sept. 30 compared to $15.1 million on Dec. 31.

Funeral home recognized

Susan Hunt of Preston-Pruitt Funeral Home said she has received notification that the National Funeral Directors Association has selected the funeral home to receive its most prestigious award, the Pursuit of Excellence Golden Eagle award.

The award recognizes members for their outstanding community service, professional integrity and high ethical standards, Hunt said.

Best Western hotel receives award

Best Western Danville and Harrodsburg has received the Best Western Director's Award for outstanding quality standards.

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