Los Angeles, CA, Oct. 25, 2020 (GLOBE NEWSWIRE) -- Eminent Pavers is a top pavers installer – Specializing in the design and installation of high quality paving stones for driveway, patios, walkways and pool decks.
Los Angeles, CA — With indefinite extensions on lockdown restrictions in many jurisdictions, the home is quickly becoming an even more important part of American life. While we used to split our time between our homes, our workplaces, and our favorite hang-out spots in the Los Angeles area, we are now bound almost exclusively to our homes by concerns of worsening the spread of the virus.
For many of us, our homes are no longer a place of peace to return to after a stressful day of work — they are infused with the stress of the office, too.
In Southern California, we have an advantage that most of the country doesn’t: the fall season comes with pleasant, warm weather, so Californians don’t have to be stuck completely indoors in the upcoming months.
Instead, making use of your outdoor spaces can provide some much-needed relaxation. In this article, we outline a few ideas for changing up your outdoor space to improve the atmosphere of your outdoor areas. Experts in the field of paving stone design and installation share.
Redesign Your Patio with High-Quality Paving Stones
The patio is the ideal place to unwind after a long day of work, especially as we settle into beautiful autumn evenings. In the case of the many Southern California homes that don’t have a lot of backyard space, a well-designed, beautiful patio can also boost the value of your home. The length and scale of the project depend on what is already there, but the possibilities are endless as far as what you can do with paving stones in your patio space. In addition to an extensive range of patterns, finishes, colors, and types of paving stones to choose from, you can add custom work such as steps, walls, planters, or a fire pit.
Experts from Eminent Pavers, a highly ranked paving stone contractor in the Los Angeles area, recommend Belgard Lafitt Grana Slab, Angelus Courtyard, and Belgard Lafitt Rustic Slab pavers for this type of project. "Based on our experience and knowledge, these pavers are the most common and highly recommended for patios and walkways.”
Improve Your Pool Deck
If you have a pool on your property, improving the quality and appearance of your pool deck has a number of benefits. Other than aesthetic appeal and increased home value, a high-quality pool deck will make the area around your pool a safer place.
“Pool deck pavers are not only stunning and beautiful, but they are also a safe and smart choice for any pool deck installation,” say industry experts from Eminent Pavers, “With a variety of options, pool deck pavers can be slip-resistant, often preventing common poolside injuries, and can also improve your home’s drainage system and minimize water issues, when installed correctly.”
Revamp Your Driveway
Another project to consider is replacing the concrete slabs or asphalt on your driveway with paving stones to “instantly add safety, durability, aesthetic appeal,” which leads to increased curb appeal and property value.
Pavers are stronger, more durable, and easier to maintain than concrete and other commonly used driveway materials. When you need to dig under your driveway to repair or replace water pipes, electrical wires, and gas lines, you can easily remove the area of concern and reinstall them with no scars or marks at a low cost.
Award-Winning Paving Stone Installation in Los Angeles
If you’re looking for a way to improve your outdoor environment and make the most of your time at home, consult a Los Angeles-area paving professional with experience installing a wide range of pavers for different projects.
Specializing in the design and installation of high-quality pavers, Eminent Pavers is an award-winning, fairly priced, small family-owned Southern California Paving Stone Contractor serving the Los Angeles, San Fernando Valley, and Ventura areas, known in the community for transparent pricing, quality installation, and customer satisfaction. Get a free design consultation for your paving transformation today.
Check out Eminent Pavers on Biz Mention and Community Walk.
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Address: 5805 White Oak Ave Ste 18555, Encino, CA 91416
Facebook is trying to block the NYU Ad Observatory's research.
Facebook/The Asahi Shimbun via GettyThe NYU Ad Observatory is researching Facebook's political advertising targeting practices using a browser plug-in.
Laura Edelson, a lead researcher for the project, told Business Insider that Ad Observatory is finding ads Facebook's internal archival system is missing, highlighting the importance of the work.
Facebook is trying to shut down the voluntary research project, claiming it violates its terms of service.
Edelson said she and her colleagues have no intention of stopping their research, even as Facebook threatens to take further action against Ad Observatory at the end of November.
Visit Business Insider's homepage for more stories.
Facebook is trying to stop a New York University research project from studying its political-ad targeting practices just weeks before the presidential election.
The Ad Observatory is a research project from the university's engineering school that uses a browser plug-in to collect information about Facebook's political ads. The project has over 6,500 volunteers as reported by the Wall Street Journal, and researchers are able to examine the ads all the participants see and why they're being targeted for those ads.
Facebook has an internal archive that keeps track of advertisements on the platform, but Laura Edelson, a PhD candidate and one of the lead researchers on the project, told Business Insider the Ad Observatory is catching political ads Facebook misses.
"We collect political ads that weren't voluntarily disclosed to Facebook, that Facebook didn't catch," she said. "So we're starting to understand that Facebook isn't perfect at identifying political ads on its system."
Ad Observatory's work is also different from Facebook's internal tools because it makes ad targeting information transparent. Facebook could be making that information transparent, but it's choosing not to.
"We know that this is something that requires public oversight, and platforms aren't willing to make this data generally transparent to the public," Edelson said. "That's where we feel the need to step in."
But a week ago, Facebook sent Edelson and her colleague Damon McCoy a letter demanding they stop their research, according to a press release provided to Business Insider from the Knight First Amendment Institute at Columbia University, who is representing Edelson and McCoy.
In this photo illustration a Facebook logo seen displayed on a smartphone.
Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images
But Edelson explained that not only does Ad Observatory not reveal any user data in their research, they're not even collecting any user data. "We collect the ad and how the ad is targeted," she said. "We don't collect anything about user interaction with the ad."
Facebook has been at the center of political controversy in recent months and years, with officials examining the role social media platforms play in political elections and misinformation campaigns. The company is attempting to combat these issues, taking action like creating their internal archive of advertisements and creating a plan to ban all political ads indefinitely after the polls close on November 3.
Edelson told Insider she applauds those efforts, but Ad Observatory's research has shown they aren't enough. "There's enough political ads that are not properly disclosed on the system that it matters that the public get access to those ads," Edelson said. "It's not a trivial number."
The Facebook letter states the company plans to take further action against Edelson and McCoy if they don't stop their research by November 30.
But Edelson told Business Insider she and McCoy will not be complying with the demand, and they have no intention of stopping their research. Alex Abdo, the litigation director at the Knight First Amendment Institute, doubled down on the message in the same press release.
"Frankly it's shocking that Facebook is trying to suppress research into political disinformation in the lead-up to the election," he wrote. "It would be terrible for democracy if Facebook is allowed to be the gatekeeper to journalism and research about Facebook."
Facebook did not immediately respond to Business Insider's request for comment on this piece.
WINDSOR, Va., July 24, 2020 /PRNewswire/ -- Farmers Bankshares, Inc. (OTC-PINK: FBVA) reports unaudited earnings of $1.3 million, or $0.42 per share, for the second quarter of 2020. These results are in line with the $1.3 million, or $0.42 per share, earned during the second quarter of 2019.
Return on average assets on an annualized basis was 0.96% for the second quarter of 2020, a decrease from 1.15% for the second quarter of 2019. Return on average equity during the second quarter of 2020 was 7.94% as compared to 10.38% for the second quarter of 2019. Return on average tangible common equity (1) was 9.64% for the period ended June 30, 2020 and compared to 12.83% for the period ended June 30, 2019.
Net loans have increased $25.9 million, or 9.92%, as compared to December 31, 2019. The increase was primarily driven by loans associated with the Company's participation in the CARES Act's Paycheck Protection Program ("PPP"). The Bank serviced customers through the PPP with 257 loans totaling approximately $24.9 million processed through the end of the second quarter. Deposit balances have increased by $42.1 million to $427.6 million as of June 30, 2020 from $385.5 million as of December 31, 2019. Non-interest bearing deposits increased by $25.0 million and make up approximately 33.04% of total deposits. Customer stimulus payments and PPP loan fundings both contributed to this increase in deposits. Net interest income decreased 3.03% when comparing the second quarter of 2020 to the second quarter of 2019. Net interest margin for the second quarter decreased to 3.47%, including PPP and 3.55% excluding PPP, when compared to the second quarter of 2019 of 3.85%. This reduction is primarily due to the impact of significantly lower market interest rates since the second quarter of 2019 and the rate associated with loans originated through the PPP.
"I am pleased with our financial results for the first half of 2020, especially given the current interest rate environment and challenging economic situation. I am most proud of the way our entire team have shown a new level of commitment and support for our customers and communities while navigating these unparalleled times. Being a community bank, we strive to be flexible to meet the changing needs of our customers and present conditions have proven we are able to do that. We successfully opened our branch in the Pungo area of Virginia Beach during the second quarter and are very encouraged with the reception from that community." said Vernon M. Towler, President and Chief Executive Officer.
Non-interest income through the second quarter of 2020 was approximately $4.3 million and was increased by 9.61% over the same period in the prior year due primarily to increased insurance revenues from Manry Rawls Insurance and our investment in Tidewater Home Funding. Non-interest expense decreased by 2.61% during the second quarter 2020 compared to same period in 2019. This decrease was partially due to deferred salary costs related to participation in the PPP and reduced marketing expenses after celebrating our 100th anniversary in the prior year. Provision for loan losses of $526 thousand was added during the second quarter, bringing year to date provisions to $651 thousand for 2020 compared to $0 for the same period in 2019. Our allowance for loan losses was 2.11% of gross loans as of June 30, 2020, including loans originated through the PPP, and 2.30% of gross loans excluding loan originated through the PPP (1). Of the $37.6 million in loans that were on a payment deferral plan as of the end of the first quarter of 2020, $36.6 million have returned to a normal payment schedule as of June 30, 2020.
"We remain committed to managing our balance sheet in a manner that enables us to meet our long-term strategic goals while providing shareholders a competitive rate of return. A large deposit repriced, to lower current market rates, during the second quarter and helped to stabilize net interest margin when compared to the first quarter of 2020. While our credit metrics remain very healthy and have shown little deterioration, we did increase loan loss reserves during the second quarter to account for the high level of economic uncertainty. Consistent returns from our insurance subsidiary and favorable results from our mortgage partnership also contributed positively to second quarter earnings. Liquidity and capital levels remain strong and position us well for future opportunities." stated Kristy DeJarnette, Chief Financial Officer.
Non-GAAP financial measure. Return on average tangible common equity excludes goodwill and intangibles.
Farmers Bank, founded in 1919, is headquartered in Windsor, VA, and is a community bank which operates eight branches and services areas throughout Tidewater Virginia. Additional information is available at the company's website, www.farmersbankva.com.
The common stock of Farmers Bankshares, Inc. trades as an Over-the-Counter Bulletin Board stock under the symbol FBVA. Any stockbroker can assist with purchase of the company's stock, as well as with sales of holdings.
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SOURCE Farmers Bankshares, Inc.