Myers is president of accountant groupJeffrey N. Myers, a...

BUSINESS NOTES

July 21, 1994

Myers is president of accountant group

Jeffrey N. Myers, a certified public accountant with Sturgill, Lehman, Myers & Houck in Westminster, was recently elected president of the Maryland Association of Certified Public Accountants, Mid-Maryland chapter.

The group is a statewide organization of more than 9,400 members in public practice, industry, government and education. The Mid-Maryland chapter serves primarily Carroll, Frederick and Washington counties.

Taneytown bank reports income

Taneytown Bank and Trust Co. has reported a net income for the quarter ending June 30 that is 27 percent higher than the income for the same period last year, said bank president Frank W. Neubauer.

The current income is $580,254, or 44 cents per share, he said.

Mr. Neubauer said the bank has also recorded an increase for the first six months of 1994 over the same

period of time last year. Net income this year is $1,086,925, compared with $987,998 last year, or an increase of 10 percent, he said.

Bank officials recently declared a second-quarter dividend of 6 cents per share, payable July 25 for stockholders of record as of July 11.

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