Biz to Biz
Lakewood-based 1stBank Holding Co. reported net income of $47,697,000 for the first six months ending June 30, according to John A. Ikard, president of the holding company. Net income represents a return on average assets of 1.2 percent and return on average shareholders equity of 17.3 percent. Earnings per share for the first six months were $361.56. Ikard reported that holding company assets were $8,315,798 as of June 30 and deposits were $7,463,203, up 9 percent and 8 percent respectively from the previous year. Loans were at $3,069,752,000, up 22 percent from the same period last year.As of June 30, 1stBank of Silverthorne had total assets of $176.0 million, and 1stBank of Breckenridge had total assets of $154.6 million. 1stBank has an additional Summit County office in Frisco. 1stBank of Vail reported total assets of $311.5 million on June 30. 1stBank of Avon reported total assets of $377.5 million. 1stBank has eight locations in Eagle County, including Vail, Avon, West Vail, Lionshead, Minturn, Beaver Creek, Edwards and Eagle. 1stBank has 119 locations in Colorado and three in California.
The Community Associations Institutes Rocky Mountain Chapter announced recently that Katherine Grattan and K. Shedd Webster of Breckenridge earned their certified manager of community associations certification during the first half of 2007. That certification is granted by the National Board of Certification for Community Association Managers and signifies that a manager has passed the groups national exam and met the requirements for managing condominium, cooperative and homeowners associations. For more information, go to http://www.hoa-colorado.org.
The Annual Living History day at the South Park Musuem is Saturday, Aug. 11. It will have volunteers in historic outfits explaining the various sites in the museum. In addition there will be burros for petting, gold-panning demonstrations, music, art exhibits and other entertainment. Children can enjoy ringing the locomotive bell and exploring the museums many indoor and outdoor exhibits.For more information, call 719-836-2387.
RockResorts, a subsidiary of Vail Resorts, announced recently that it has retained a long-term management agreement for La Posada de Santa Fe Resort & Spa with a partnership led by the Gencom Group. The partnership recently purchased the 157-room La Posada de Santa Fe Resort & Spa, a RockResort, from Trinity Hotel Investors.La Posada de Santa Fe Resort & Spa has a history dating to the late 1880s. It became a RockResort in 2001. Today, La Posada de Santa Fe is Santa Fes only member of Leading Hotels of the World and a AAA Four Diamond property.We are excited to continue to manage La Posada de Santa Fe Resort & Spa. Gencom Groups planned significant investment in a RockResorts-managed asset underscores our strategy to build a luxury-hotel company around a legendary brand of iconic properties that reflect their unique and distinctive locations, said James ODonnell, director of development and acquisitions for RockResorts and Vail Resorts Lodging Co. We look forward to a long and growing relationship. We are pleased that Gencom Group is committed to upgrading what is already an incredible guest experience with its capital plans.
For the third year in a row, the financial-services firm Edward Jones ranks highest in investor satisfaction with full service brokerage firms, according to the J.D. Power and Associates 2007 Full Service Investor Satisfaction Study.The study measures overall investor satisfaction with full-service investment firms based on six factors: financial adviser/broke, account setup/account offerings, investment performance, commissions and fees; account statements, and convenience.The J.D. Power and Associates study found that Edward Jones performed particularly well in financial adviser/broker and investment performance. The study found that despite the increased availability of tools for self-directed investors, the percentage of investment decisions made under the guidance of a financial adviser has increased to 59 percent in 2007 up from 53 percent in 2006.Edward Jones also recently landed the No. 2 spot on the Best Companies to Work for in Colorado list, compiled by ColoradoBiz magazine.ColoradoBiz teamed up with the Best Companies Group of Harrisburg, Pa., and local partners the Society for Human Resource Management Colorado State Council, Jobing.com and a number of human-resource organization chapters to rank the states best employers. The ranking was based on an employer inventory of practices and an anonymous survey of employees. Edward Jones ranked No. 1 on the 2006 list. Edward Jones has 236 branches all over Colorado. The firm is growing, adding branches and seeking new financial advisers who are interested in operating an entrepreneurial office with the support and benefits of one of the oldest and largest firms in the industry.The Best Companies to Work for in Colorado honor is the most recent in a series of honorsw the firm recently has received. For the eighth year, Edward Jones was named one of the 100 Best Companies to Work For in America by Fortune magazine in its annual listing. The firm took the No. 29 overall spot in the Fortune ranking, was named to the No. 9 spot for large companies and was recognized as a top-10 company where associates feel encouraged to balance their work and personal life.Advisers in Eagle and Summit counties include: The local financial advisors include: Charlie Wick in Eagle, 328-4959, Tina DeWitt in Edwards, 926-1728, Todd DeJong in Avon, 845-1025 and Mark Nunn in Frisco, 668-3811.Edward Jones is headquartered in St. Louis. The firms Web site is http://www.edwardjones.com.
The Eagle Valley Chamber of Commerces monthly Business After Hours mixer is Aug. 16 at Creekside Mountain Properties in Gypsum, the home of Copy Plus, Integrity Mortgage, Active Communications, Macs Liquors, and others. The event is from 5 to 7 p.m.In addition to food and drinks, local band Derringer will play. For more information, call 524-COPY.
The Summit County and Frisco chamber of commerce will hold a business after hours mixer Thursday from 5:30 to 7:30 p.m. at the Frisco Marina.Cost for chamber members is $5 per person. Everyone else pays $10. The mixer is sponsored by High Country Real Estate, Ten Mile Dental, KCMV, KSMT,DVine Wine, Island Grill, Parents Handbook, Backcountry Brewery. For more information, call 668-2051.
Colorado Mountain Colleges culinary-arts program has joined with Beaver Creek Mountain Dining to give culinary apprentices more benefits and an enhanced learning experience as they work toward degrees in culinary arts. Apprentices will complete a minimum of 4,000 hours of work experience and rotate through some of Beaver Creeks finest restaurants, including Beanos Cabin, Allies Cabin, Zachs Cabin, SaddleRidge, Toscanini, The Rendezvous Club and Red Sky Ranchs Silver Sage and Summer Thyme. Work experience in a variety of settings, catering to clients with discerning palates and exploring a passion for food shared by the community is a recipe for success, said Todd Rymer, director of the Colorado Mountain College culinary-apprenticeship program at the colleges Vail-Eagle Valley Campus in Edwards. Our students are learning their trade in Zagat Award-winning eateries, private full-service clubs and the ski industrys only certified green restaurant, Spruce Saddle Lodge. Their class work through CMC amplifies this learning process.To learn more, call the college, 569-2900.
The Vail Valley Partnership and American Airlines recently announced that children between the ages of 2 and 12 can fly free from Sept. 5 through Nov. 15 on American Airlines flights into the Eagle County Regional Airport.Fares must be sold with a prepaid tour package, and is applicable to one child per paid ticketed adult. We are thrilled that American Airlines is bringing this wonderful incentive to the Vail Valley during the fall when the villages are bursting with family-friendly festivals like Oktoberfest and farmers markets, said Michael Robinson, Vail Valley Partnership president/CEO. To book a package or for additional information, call 888-303-3834 or visit http://www.vail.com.
The law offices of Teddi Ann Miskulin recently announced the opening of its second office in Avon. Located in the Slifer Building at 30 Benchmark Road, Teddi Ann Miskulin specializes in family law. Learn more at http://www.Miskulinpc.com.