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Business

  • Jobless rate falls to 4.9%
    The bleeding stopped last month.Unemployment in metro Fort Wayne declined to 4.9 percent in August, compared with 6 percent in July – the third consecutive month the jobless rate fell.
  • Business leaders off to Japan
    John Sampson, president and CEO of the Northeast Indiana Regional Partnership, will lead a delegation of representatives from Fort Wayne Metals, Indiana Michigan Power and the LaGrange County Economic Development Corp. to Japan.
  • Metro area reports unemployment decline
    Metro Fort Wayne unemployment declined in August to 4.
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Peoples Bancorp earnings down 19% for fiscal year

Peoples Bancorp on Friday posted fiscal 2012 earnings of $3.04 million, or $1.26 per diluted share, a 19 percent decline from the $3.77 million, or $1.52 a share, for fiscal 2011.

The Auburn-based parent of Peoples Federal Saving Bank ended its fiscal year on Sept. 30.

Maurice Winkler III, Peoples Bancorp president, found some positives in the report, which was the first in several years that didn’t include an earnings increase.

“Loan balances have stabilized and have even increased slightly. Deposit balances continue to grow,” he said in a statement.

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