The course management arm of veteran golfer Davis Love III's company has been contracted to run Temple Hills Golf Club in Franklin. In a statement, company officials say the 40-year-old club is in line for some upgrades.
Fourth-quarter profits at First Advantage Bancorp in Clarksville came in at $438,000. That's down 17 percent from a year ago — full-year results were up 26 percent — but CEO Earl Bradley is upbeat about his team's prospects.
"We feel this initiative complements our existing business and helped us to attract and retain some significant talent, adding to our earning potential by expanding our market area and will help leverage our capital. Combined with continued strong asset quality and diligence in managing our balance sheet, this controlled growth will continue to create shareholder value for the long term."
The board of Clarksville-based First Advantage Bancorp (Ticker: FABK) has voted to increase the company's quarterly dividend by 40 percent to 7 cents. The first payout under the new rate will be made on Feb. 15 to shareholders of record on Feb. 1.
“The Board is pleased to deliver a return to the shareholders who have invested in our organization, reflecting our performance in 2012,” said Earl Bradley, a First Advantage Bancorp director and CEO of First Advantage Bank. “We are confident that our continued strong financial performance and growth strategy will help leverage our capital to build shareholder value.”
The Haslam family’s Pilot Flying J chain of gas stations is teaming with two companies from the fitness world to develop gyms at a number of its locations. The second center in the collaboration with Snap Fitness and wellness firm Rolling Strong will host a grand opening Jan. 31 off Interstate 40 in Lebanon. Monthly gym dues are $19.95 for the trucking community, money that also gets them access to the 1,300 other Snap Fitness clubs worldwide.
“The Snap Fitness Rolling Strong gyms are designed to accommodate the trucking community and those who travel frequently for business or vacation, so they can get the workouts they need quickly and conveniently,” said Peter Taunton, CEO and Founder of Snap Fitness. “We hope these express fitness centers will help thousands of daily travelers achieve their fitness goals and get better results while on the road.”
John Lancaster has plenty of reasons to smile these days. The president and CEO of Lebanon-based First Freedom Bank and his team have put a bow on a year when their net income grew more than 50 percent, their net interest margin topped 4 percent and they bid adieu to TARP.
HealthSpring announced today its has opened a patient-centered LivingWell Center in Lebanon.
The new center, which initially will serve almost 2,400 local members, is exclusive to HealthSpring members and will serve as a complementary extension of the members’s primary care physicians to focus on preventive care and patient education.
“Our vision in establishing the LivingWell Center is to deliver a completely personalized health care experience tailored to each one of our members,” Greg Allen, president of Nashville-based HealthSpring of Tennessee, said in a release.
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