Business

Business In Brief - July 18, 2007

SCBT earnings increase 11.4 percent for quarter

COLUMBIA -- SCBT Financial Corp., holding company for South Carolina Bank and Trust of the Piedmont, reported second quarter net income up $5.6 million or 11.4 percent over the same time last year.

Income was up 60 cents per diluted share, according to a written statement from the company.

Net income for the first six months was up 10.2 percent or $10.8 million for the first six months of 2007. Compared to the second quarter 2006, South Carolina Bank and Trust reported a 10.4 percent increase in net income to $5.3 million.

South Carolina Bank and Trust of the Piedmont, headquartered in Rock Hill, reported an 8.2 percent increase in net income to $722,000.

SCBT Financial Corp. is a multi-bank holding company that operates 45 financial centers in 16 South Carolina counties. It has served the state for more than 73 years.

Business after hours to be held Thursday

CHARLOTTE -- The York County Regional Chamber of Commerce and Coit Services will hold a business after hours from 5:30 to 7 p.m. Thursday at The Grid Iron, 13105 York Road, Charlotte, in the Steele Creek area just outside of York County near the intersection of S.C. 160 and N.C. 49.

For more information, contact Sonja Burris at the chamber office, 324-7500, sburris@yorkcountychamber. com.

Regional chamber to hold Chamber 101

New members of the York County Regional Chamber of Commerce can learn about the office at Chamber 101: New Member Orientation at 3:30 p.m. at the Rock Hill office at 116 E. Main St.

Chamber members will receive a presentation of the benefits of belonging to the regional Chamber, meet chamber staff and network with fellow members. Attendees will receive membership material and gift items. The monthly new member spotlight will be drawn during the session with the winner featured in a future issue of the Chamber's Connections newsletter.

Reservations can be made by calling Becky Adams, 324-7500, or by sending an e-mail to badams@yorkcountychamber. com.

Lancaster chamber meeting set for Thursday

LANCASTER -- The Lancaster County Chamber of Commerce will hold a membership meeting 8 a.m. Thursday at the Carole Ray Dowling Center at USC-Lancaster.

Lancaster County's freshman representative to the S.C. House of Representatives, Mick Mulvaney, will speak about his first year in the Legislature.

The monthly information sessions are tentatively set for the third Thursday of each month.

Carolina First Bank after hours Thursday

LANCASTER -- Carolina First Bank will host the next business after hours, a program of the Lancaster County Chamber of Commerce from 5:30 to 7 p.m. Thursday.

Carolina First Bank is located at 8179 Charlotte Highway, north of the Food Lion in Indian Land. For easiest entrance, attendees can turn at the traffic light at Food Lion, and turn right on the access road, which leads to the Carolina First parking lot.

Call the chamber office at 283-4105 to make reservations.

Lancaster chamber lunch and learn today

LANCASTER -- The Small Business Council of the Lancaster County Chamber of Commerce's "Lunch and Learn" series, a seminar series for small business representatives, will hold its first session today. The program topic, "Audits Are Up with the IRS: Are Your Records in Order?" will be led by local CPA Franklin Sparkman, Small Business Council Chairman, and will be conducted in a luncheon session, beginning at noon at JoMars Restaurant. The only charge will be each individual's lunch cost.

The one-hour "Lunch and Learn" series is designed for small business owners/representatives. The discussion is informal and allows for questions.

For more information, call 283-4105.

Housing Development Corp. gets $230,000

The Housing Development Corp. of Rock Hill will receive more than $230,000 in grants from the S.C. State Housing and Finance Development Authority, the authority announced Tuesday.

The money was distributed as part of a $5 million Trust Fund Awards program.

The Housing Development Corp. of Rock Hill will receive $80,500 to assist 10 families in purchasing homes in York County and $155,750 for the rehabilitation of seven houses located in York County, according to a news release.

Altogether, 42 properties throughout the state received Homeownership Block Grants, Owner-Occupied Rehabilitation Block Grants, Supportive Housing funds, and funding for group homes, the release states.

The South Carolina State Housing Finance and Development Authority is a self-supporting agency of state government and operates at no cost to the taxpayers of the state.

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