Sharks haunt North Carolina’s Fourth of July but experts say attacks are rare

Every morning, Kenny Gordon, the 55-year-old maintenance manager at the Blue Water Point Motel and Marina, watches guests head off for the beach on this North Carolina vacation island. But if they ask him, he tells them to think twice before getting in the ocean.

“We know what’s in there,” he says, his peeling, sun-roasted cheeks cracking as he grins.

Sharks. “Thousands of ’em.”

It’s no secret to this island’s longtime visitors and residents that many varieties of shark patrol the turgid waters, just as they do along nearly every ocean coastline on the planet. Fishermen flock to the 20-square-mile barrier island near the North Carolina-South Carolina border each summer to catch, sell, mount and eat the wide range of shark species that frequent the area, including bull, tiger, hammerhead, nurse, sand and blacktip. A towering great white – in a plastic, life-sized form – has hung tail-up from the sign of a local surf shop for more than a decade, in homage to the great killer that is occasionally spotted nearby.

But this weekend, thanks to a recent, bloody turn of events, the deep association between the island and its wildlife will be weighing more heavily than usual on visitors’ minds, even as expected annual crowds flock to its sandy beachgrass-covered dunes to celebrate Independence Day.

On 14 June, here on Oak Island, a shark ripped into a 12-year-old girl who was standing waist-deep in the water. Ninety minutes later, and two miles down the beach, the same thing happened to a 16-year-old boy. Both youths survived the attacks thanks to quick medical attention on the beach and helicopter transports to a regional hospital. Each eventually lost an arm.

The attacks were the most vicious in what appears, to untrained observers at least, to be a spike in shark attacks along this southern state’s beaches. Since 11 June, there have been at least seven incidents of sharks biting humans on the North Carolina coast.

“The first I saw of it was when it was biting up my left arm, kind of. Then it got that off, eventually, and it swam,” the 16-year-old victim, Hunter Treschel, said in a video released by New Hanover regional medical center, where he has been recovering from his injuries.

“I got out of the water with the help of my cousin, then I got on the beach.”

Shark attacks on humans remain exceptionally rare. The University of Florida’s International Shark Attack File confirmed 72 unprovoked shark attacks in the entire world last year (33 more were considered to have been provoked by victims; in a handful of others, sharks tried to take a bite out of a boat). By comparison, in 2013, nearly 33,000 people died in car crashes in the US alone. Once you have survived the drive to the beach, you are several orders of magnitude more likely to die from falling, drowning, over-exposure to the sun, or getting hit by lightning or the fireworks you brought with you than you are to be killed by a shark.

That’s even more impressive when you consider how common both sharks and swimmers are. Gordon is right, according to the experts: there probably are thousands of sharks off the North Carolina coast during the summer, many near the shore. North Carolina state tourism officials estimate that there are about six million visitors to its beaches every year.

In fact, the rarity of attacks is what fascinates people.

“The idea of going to the beach and having a good time and something tries to eat you – that’s exciting stuff,” said Dr Lawrence B Cahoon, a professor of biology and marine biology at the University of North Carolina at Wilmington. He noted that movie theaters across the US recently screened a special 40th anniversary edition of Jaws – Steven Spielberg’s masterpiece, built, coincidentally, around a Fourth of July weekend. Scientists say the movie put a durable bundle of myths about killer sharks in generations of moviegoers’ heads.

“I think people are hyped,” Cahoon said.

The 14 June incidents on Oak Island raised more alarm than usual because, three days before a shark had bitten a 13-year-old girl’s boogie board on Ocean Isle, nine miles to the west. The teen’s injuries were minor and the incident received passing attention at the time. But with the Oak Island attacks now pointing to a possible trend, North Carolina media went on alert for more. And more came.

Shark attacks were reported on 24 June in Surf City; 26 and 27 June on Hatteras Island, in the towns of Avon and Waves; and 1 July on Ocracoke Island.

The seven attacks recorded in North Carolina are the most the International Shark Attack File had recorded in the state in a single year going back to 1935, said Lindsay French, a program assistant who helps maintain the database.

‘It could just be the summer weather’

In a photo from 14 June, emergency responders assist a teenage girl at the scene of a shark attack in Oak Island, North Carolina. Photograph: Steve Bouser/AP

As word of the attacks spread internationally, people began to wonder: why were there more attacks than usual? Why were they happening in North Carolina? And were the attacks an indication of things to come?

Shark experts and marine biologists admit they have no idea. It’s impossible, many note, to even to say if a significant event is occurring in the state.

“We don’t know right now, until we look at the long-term trend data,” said Dr John Carlson of the National Oceanic and Atmospheric Administration Fisheries Lab. “It could just be the summer weather. Maybe twice as many tourists are going to the beach in North Carolina.”

Some shark experts and observers have theorized that warmer waters, a local drought that has caused higher salinity in the water – which sharks and their prey both favor, an active sea turtle nesting season, fishing on piers near beaches or some combination of all of those factors might be making certain sharks more aggressive in North Carolina.

Some kinds of sharks can get more agitated when water temperatures exceed 80F (27C), said Dr Frank J Schwartz, who has studied the creatures for nearly five decades at the University of North Carolina at Chapel Hill’s Institute of Marine Sciences – raising the possibility that global warming could lead to marginal increases in shark attacks over time.

Some Oak Islanders speculated that shark fishermen attracting the animals to the coast with their oily bait, or by “chumming,” spreading fish parts into the water, were provoking the attacks. Still, North Carolina state fishing authorities declined to enforce a shark-fishing ban on Oak Island through the busy 4 July weekend.

“We’re asking fishermen to, you know, be cognizant of where they’re fishing, not to be fishing on crowded swimming beaches,” Patricia Smith, public information officer for the North Carolina division of marine fisheries, told a local news station.

Nationally, the numbers are less remarkable, casting doubt on whether there is a larger trend at play. There have been 25 shark attacks in the US this year – one fatal, in Hawaii. That is roughly on track to match 2014’s US total of 52. (Florida, with its larger numbers of tourists and year-round beaches, leads the national count, as always, with 11 attacks so far this year. The Sunshine State saw 28 shark attacks in 2014.)

Historical comparisons are also hard to make because there were fewer people travelling to beaches in the past. Counting attacks has also long been an imprecise science – for instance, fewer shark attacks were reported before the age of mass communications and social media, French said.

The attacks reported so far in North Carolina have been clustered in two areas: the north-eastern Outer Banks, where three of the attacks have occurred; and the state’s southernmost coast, including Oak Island, which lies more than 100 miles away. There is no proof yet that any are connected. Crucially, no one even knows what kinds of sharks have been involved. Many experts suggest a mix of sharks of different sizes and temperaments, as the incidents have ranged from minor injuries to aggressive attacks resulting in multiple life-threatening injuries.

Researchers will eventually try to determine what kind of sharks were involved using measurements of the bites and data on what kinds of sharks were in the areas at the time that the bites occurred.

‘A several-hundred-pound chainsaw with a bad attitude’

Jack Cross, nine, watches as a boat patrols the coastline near Ocean Crest Pier in Oak Island. Photograph: Mike Spencer/AP

Generally speaking, the experts say, sharks try hard to avoid humans. To them, we’re dangerous, alien creatures that presumably don’t taste very good. When bites do occur, it is often because a shark has mistaken a person for another animal. To that end, the scientists recommended avoiding wearing ankle jewelry that could flash and be mistaken for a fish. Kids on boogie boards can also be mistaken for sea turtles – which may have been the case in the first recent attack on Ocean Isle.

Several of the experts recommended swimming in groups. That’s good advice in general, they noted, to cope with dangers far more prevalent than sharks, such as rip currents.

Many did agree with a commonly shared piece of advice – that hitting a shark on the nose will temporarily stun it, possibly creating time to get away. But opportunities to do so are even more rare than shark attacks. As in Treschel’s case, most shark attack victims never see the predator coming. If a powerful shark is truly determined to kill, it will be very hard to deter.

“It’s like trying to fight off a several-hundred-pound chainsaw with a bad attitude,” Cahoon said.

The best thing, the experts agreed, is to get out of the water as quickly as possible.

But again, they stressed, fear of the rare events should not deter people from getting in the water in the first place.

“I’m going surfing this morning,” NOAA’s Carlson said.

Following the Oak Island incidents, local authorities – in an apparent show of force and concern – organized boat and helicopter searches for the shark (or sharks) that had injured the young swimmers. It was not clear how they intended to locate the animal. In any case, they didn’t find it.

But despite the highly publicized case, and its apparent lack of resolution, business seems to be booming ahead of the major annual holiday. Five or six people canceled reservations for Independence Day weekend at the Blue Water Point Motel, where Gordon works, citing the shark attacks, said hotel manager Diane Beltz. But new reservations came in to replace most of them. She said she expects fishermen excited about catching a wild shark to make up the slack as summer wears on.

On Wednesday, ahead of the holiday, the nearby beach was full of vacationers playing frisbee, reading books under portable cabanas, and tanning in bikinis under the sun. A border collie chased a seagull. Along the waterline, fishing poles planted in the sand bowed toward the waves.

Sharks were not far from everyone’s mind, it turned out. But they were also not going to keep anyone from having a good time. It seemed everyone had a different idea on how to manage the problem.

“We’re not going in the water,” said Kristin Abbas, who was visiting from San Diego, said flatly as she played with her one-year-old son, Josiah, in the sand.

Yet a few yards away, right near the spot where Treschel lost his arm a few weeks before, the water was full of people, young and old, paddling kayaks, bobbing on boogie boards, and standing in the waves.

The Patterson family, visiting from nearby Burlington, preferred to laugh off the tension. Samantha Patterson, a 23-year-old nursing student, responded to a text about that day’s attack – 150 miles away in the Outer Banks – by going for a swim. Her 45-year-old mother, Tammy, stayed in a folding chair by the water’s edge, keeping an eye on their fishing poles.

“I’m going to do my part and catch a man-eater,” she pledged.

Jason Dewar, a 46-year-old high school guidance counsellor visiting from Denver, Colorado, came armed with a broader perspective.

“It’s like going out in the woods: there are bears out there, there are mountain lions,” he said as he and his 13-year-old son, Liam, carried their kayak in from the waves. “You just have to be careful.

“You’re going into their world.”

Tagged with:

Duke Energy to retire coal plant in Asheville, residents in Foothills concerned

CAMPOBELLO, SC (FOX Carolina) –

A new power transmission line route is being researched and planned by Duke Energy and some people in the Carolina Foothills are speaking out against the idea of adding a giant power line in their community.

Duke Energy plans to retire their coal power plant in Asheville and upgrading to natural gas and solar energy, but it could negatively impact some conservation easements near the North Carolina-South Carolina border.

The proposed transmission line will potentially run through Buncombe, Henderson and Polk counties in North Carolina as well as Greenville and Spartanburg counties in South Carolina. 

Something that hundreds of homeowners like Sally Rock would like to avoid having in their back yards.

“What the power line proposes is a major threat to undo and unravel all of this effort and destroy what you see in a virtually pristine area that is affectionately known as the foothills,” Rock said.

Campobello resident Bob Then was one of the 3,700 Carolina Foothills residents who received letters from Duke Energy about the project, because his home is within 500 feet of the potential route. 

“When I got the letter I was very concerned not only for the aesthetics, but also health issues and water issues,” Then said.

The company is considering building a new substation in northern Spartanburg County that will connect to their Asheville power plant.

“This little river valley has some of the most historically significant sights in upper Spartanburg County,” resident Joanne Quantannens said.  “We certainly feel that the study area is very narrowly drawn and it zeros in on some of the most environmentally sensitive land, some of the most historically significant land and some of the most economically productive land.”

The Western Carolinas Modernization Project is a part of duke’s plan to retire their coal power plant and switch to cleaner energy.

“We are looking at a comprehensive project for the Western Carolinas that would improve reliability and support customer growth in the years to come,” Duke Energy Senior Communication Consultant Ryan Mosier said.

The project is slated for completion in 2019 and Duke Energy says it will provide hundreds of jobs during development, but homeowners in the Carolina Foothills say it would wreck their property values and tourism.

“It could have a terrible economic impact on us,” homeowner Madelon Wallace said.  “Our major economic driver in this area is horses, tourism, wineries and agriculture…and we worked very hard over the years to build a strong economy in this area centered around those things.”

Duke Energy will hold three public meetings on the company’s plans to construct a 45-mile high-voltage power line from Asheville, N.C., to a Campobello substation.  The final route will be announced in the fall. 

The meetings are as follows:

July 14, 4-7 p.m.

Western North Carolina Agricultural Center Boone Mountain Heritage Building

1301 Fanning Bridge Road, Fletcher, N.C.

July 21, 4–7 p.m.

Landrum Middle School Gymnasium

104 Redland Road, Landrum, SC

July 23, 4–7 p.m.

Blue Ridge Community College,

Technology Education and Development Center: Blue Ridge Conference Hall

180 W. Campus Drive, Flat Rock, N.C.

Copyright 2015 FOX Carolina (Meredith Corporation). All rights reserved.

Tagged with:

Blair L. Pollock: All is vanity

This log of vanity plates I’ve collected over the past few months happens to run coincident with the recent attention to the Sons of Confederate Veterans “cause plates.” Apparently this Confederate plate has recently sold out in North Carolina, perhaps based on the governor’s recent feint toward banning them.

My civil libertarianism that leans towards allowing the plate as a right to self-expression stands in conflicts with the anti racism sentiments I strongly hold. What about if the state doesn’t like what I stand for? Where do bans on ‘speech’ appropriately end? North Carolina has banned 6,000 license plates with a list of 100 amusing bans found on WRAL’s web site. Why ban “Devil, Got Beer, Sugrdady, Potehd, Immoral, or Work Sux?” as the state has done?

I’ve been driving around wearing my heart on my sleeve, American style meaning beliefs on my bumper, for almost 20 years now. In 1996 I bought “IRECYCLE’ as my first vanity plate and held that for 13 years. When I retired that plate, I opted for a combination vanity and “cause” plate announcing myself as supporter of the N.C. Coastal Federation and not incidentally sending $20 a year their way. “Cause’ plates are limited to four characters so to represent myself, I chose“RE3” for reduce, reuse and recycle. A more arcane message than IRECYCLE, but still knowable to the cognoscenti and maybe those who cogitate on it for a bit.

The combination plate ain’t cheap. The fee for a basic plate plus cause plate plus the vanity plate plus the cost of living in Orange County makes my total 2015 registration $125. While my wife is a bit perturbed by this frivolity, it’s worth it to me because not only does it proudly announce my support for the Coastal Federation along with over 3,000 other NC coast lovers, but the vanity plate premium revenue is divided among other causes I support including flower plantings along the interstate, promoting North Carolina tourism, handicap access travel information and the Clean Water Trust Fund, at least for now. I have no idea what the legislature may do to even these relatively ‘benign’ causes that still enhance our state’s well being.

I am not alone in announcing my loyalties. Over 300,000 N.C. vehicles opt for cause plates, choosing among 248 categories. Over 39,000 of those are also personalized. You’ve seen most of them including many announcing University affiliations. Top five are the Blue Ridge Parkway with over 23,000, Great Smoky Mountains with almost 20,000, then UNC with a paltry 7,700 followed closely by Animal Lovers at 7,500 and then N.C. State with 5,600. Save the Sea Turtles is coming on strong at 5,100. Almost every college in the state system as well as many private schools has some presence and for some reason those with affinity for Georgia Tech, Florida State and other interlopers also feel a need to announce their loyalty within our borders. More true to North Carolina “values” are the fifty-plus NASCAR related plates recognizing everyone from Ricky Stenhouse with one plate topping out with Dale Earnhart Jr. at 412, beating out his late father at 154.

Some of the more interesting ones on the list furnished to me by Margaret Howell of N.C. DOT are “War on Terror Veteran,” “Watermelon,” “Shag Dancing,” “Horseless Carriage” and The Rocky Mountains Elk Foundation. The latter would be hard for me to understand but my brother-in-law from Lexington is a life member, so I guess there must be others, I was surprised there are 1,500 of them though. That means $30,000 to the elk.

During my data-gathering phase over the past few months, I harvested these on the list below, mostly within Orange County but a few scattered in parking lots at the coast or elsewhere. None are made up but I could not resist a bit of parenthetical editorializing.

The first one here is what started the list keeping: “1 the lorax” and the clincher to starting this exercise came when I asked the little girl next to the car why, she told me, “We got it because my dad likes trees a lot.”

Then came roughly chronologically: Tygerpaw, I tattoou, Crab, Bookluvr, War Pig (“It’s Ozzie!” the bearer scoffed, incredulous I didn’t know.) Followed by: Timbrboy, Zhanguo (what or who is that?), Babar 1, Got mold?, Enone, Haybale, Microbes, Dog Dr, (yes, a veterinarian), Train fan, ADgurus1, Spankr (with hand print!), 6SPRBWLS, Rhino#78, Pcewalkr, Birdnbst – When I asked the woman of the couple getting out of the car next to us, she replied “It’s my husband’s band from Raleigh. I’m from Massachusetts and I’ve never seen this many vanity plates up there.”

More: Giaconda, Figrsktr, Deep 13 (Science on MST3000 – by a scientist), Trebeard, XFit CH, HIKR (on a Smokey Mountains cause plate ), Turtle 4, KEEB, Ibis, Watrdog, Yourgood, AWSME, Clawsout (that one on a red car scared me), Fluffhed (you really want to tell the world?) , DBL YOY (what?), CLAM (on a Core Sound cause plate), Homework on a home improvement van, TPSL on a Save the Sea Turtles cause plate, Neurocar (on the car of a scientist at local firm Neurocog), Practical, Eat Tofu, Stayinin and Antigen.

It was fun. I will never figure out some of these; maybe you can. Those who hold them care feel free to write in explaining themselves.

You can reach Blair L. Pollock at blairlpollock@gmail.com  

Tagged with:

Billy Graham column, Aug. 1. 2015

Local News

New residents buying into Bradenton’s Village of the Arts

Tagged with:

County on sidelines for Duke transmission line debate

County on sidelines for Duke transmission line debate

A Duke Energy employee uses an electronic mapping system to check a transmission line route in relation to a homeowner’s property.

Cummings Cove residents came out in force last week when Duke Energy hosted a third session to answer questions about its proposed 40-mile high-powered transmission line and to receive public input.

“We are putting out mass emails, trying to rally the troops, we are organizing a letter-writing campaign to our City Councilmen, our County Councilmen, state reps, Duke itself, the North Carolina Utility Commission, and I’m gonna try to find other people to talk to,” said Baird Blake, vice president of the golf course development’s homeowners association. One of the proposed segments passes right over a new section of Cummings Cove.
“We’re a gem in Hendersonville,” said Andrew Brooks, one of the real estate agents now trying to sell lots in the new phase. “They can go other places, they don’t need to go through our community. And they need to do it soon, because until they do it, folks like myself, the builders, folks that want to sell, folks that want to build, that have already bought lots on this area, they can’t get them up.”
For all the opposition expressed by the hundreds of landowners who have shown up at the three public meetings, Brooks expressed a view shared by many. Whatever they say might not matter.
Baird Blake and Andrew Brooks are organizing opposition in Cummings Cove to Duke Energy’s proposed 230 kilovolt transmission line.“Duke has all the resources,” he said. “They’re talking about billions of dollars here to put in a plant. Yet, they couldn’t use current satellite technology, they couldn’t send out surveys and do their research to see what they would do before they put this out there. So instead of just doing it right and using the money that they already have and they can afford, they sit back and they put these proposed lines in, and destroy the livelihood of so many people, with outdated maps.”
Duke spokesman Tom Williams said it’s not true that the utility company ignores public input.
“It’s all about getting input,” he said. “The maps are a few years old, we know that. If people have concerns, we want to know about them and make the best decision.”
Williams also noted that the public hearings have drawn such large crowds because Duke notified people within 1,000 feet of the corridor, a much larger than its actual 150-foot right of way. And he said Duke engineers and planners will ultimate discard a majority of the 40 segments shown on the maps at the public sessions.
Jason Blue, who lives within a half mile of one of the proposed routes, was also pessimistic about the chances of stopping the 230’kilovolt line.
“This is going to happen whether we want it to or not,” he said. “There’s not anything we say or do that’s going to have any effect on any of this. It’s good to see the community turn up and be supportive of not doing it, but they’re going to make their money.”

No zoning power

Although the public utilities commissioners in North Carolina and South Carolina have a say in the review and approval process, Henderson County and its towns do not.
“I wish the county was in a position to do something or have some influence,” said Commissioner Michael Edney. “As I understand it we’re in no better position than any other landowner, and I don’t think Duke’s giving us any more or better information than they have given the public.”
He has been receiving calls and emails. “It’s basically residential, farming, all sorts of things,” he said. He tells constituents they need to contact the state Utilities Commission. “There’s no reason to put it on our agenda because there’s absolutely nothing we could do. And what I’ve told folks is I’ll keep my eyes and ears open and if I hear anything new I’ll share it with you.”
County Manager Steve Wyatt said while commissioners are watching “to see how it plays out” none has suggested any action.
“Neither the commissioners or the Legislature really have the authority to turn this ship in one direction or another,” he said. “I think Duke is certainly an asset and will be good citizens. Our region needs power there’s no question. Especially if we want to provide economic opportunity for people of Western North Carolina we’ve got to have reasonably priced sufficient quantities of electricity. There are legitimate concerns, no question about it. I appreciate the process that Duke is going through.”
Wyatt said he had received no request from opponents to appear before the Board of Commissioners.
“We hope it will be the least intrusive manner possible because we value our quality of life, which includes our viewscape, tremendously,” he said. “If you’re on the far ends of this argument you’re probably wrong. If you’re in the middle ground somewhere your chances of being right are a lot greater. There’s a balance there. Everybody wants cheap plentiful electricity. I love hot water in the morning and I love air conditioning when I get home.”
Nick Weedman, Flat Rock’s vice mayor, said one of the proposed route could run within view of the backside of Kenmure.
“I hear nothing positive to be honest with you,” he said. “It doesn’t directly affect any of Flat Rock, as nearly as I can tell. The people on the southside of Kenmure will abut one segment, I think (segment) 20 of one of the planned routes and people along there are up in arms about it.”

Tourism to take hit?

Kaye Caldwell, who owns vacation cabins, has been unhappy with the public process so far.
“There doesn’t seem to be a lot of information about what the point of these lines is,” she said. “I just asked this man and he told me it was to transmit electricity. I think we all know that already. The question is what’s the point of them? Which way is the electricity going? If they’re building a new plant in Asheville that’s got twice the capacity, which they’ve said, why do we need power coming into it?”
Caldwell, who owns Clear Creek Cabins in Edneyville, said she fears the transmission lines will hurt the local tourism business.
“Henderson County is 70th of all the counties in this state in area,” she said. “We are 15th in the amount of money that is spent in our county by tourists. And this is not going to help that. The entire county is a tourist attraction. And they’re going to damage that, badly.”
Joyce Sutton, a native who lives off Upward Road, came to the public meeting Thursday night at Blue Ridge Community College. She did not think her opinion would matter.
“The power companies do what they want,” she said. “The law’s on their side. We can fight and do whatever we want to. It doesn’t make any difference.”
Meghan Musgrave, of Duke Power corporate communications staff, said the public input does matter.
“We’re here today to help the community know about our project, and the most important thing is that we’re here to listen to our customers,” she said. “We want to hear their feedback, we want to incorporate it into our planning, so we take the best route that will reliably serve the community not only now but decades from now.”
Besides public input, Duke will evaluate the impact on historic properties and other cultural resources, the environment and water quality.

‘Region needs both’

Walt Myers is a senior citizen from Campobello, S.C., where Duke plans to build a substation as part of the overall project. He attended all three public input meetings.
“Like many in our community, we’ve been busy the last three weeks talking about where the route should go and all the choices presented on that nice little interactive map on the Internet,” he said. “Well, I think by getting caught up in that, we’re being distracted from the real picture. The real picture is, is this transmission line required? Or is this transmission line desired?”
Williams, Duke’s director of external relations, said planners have designed the longterm upgrade around both the new natural gas plant and the importing of power from Duke’s Oconee nuclear plant in Seneca, S.C.
“The region needs both for reliability,” he said. “It needs more than just the natural gas plant. That’s why we’re building the wiring to import more power. It’s also to better tie it into the overall system for reliability. Gas plants go down sometimes. There are scheduled outages and there are also forced outages. We’re addressing a big deficiency in the system right now.”

When asked how the feedback would translate into action, she said, “So we take the input and conduct further study into our process, so we’ll compare it with all the feedback that we get, so it’s a balancing act that we need to do. So we compare it to environmental impact, as well as cultural resources, as well as all other criteria that we need to evaluate when we do projects like this.”

Tagged with:

Citizens Community Bank Announces Solid Second Quarter 2015 Results








SOUTH HILL, Va., July 30, 2015 /PRNewswire/ — Citizens Community Bank (OTCQB: CZYB) today announced its unaudited results of operations for the second quarter of 2015.

Earnings
Citizens Community Bank is pleased to announce net income to common shareholders of $175,011 after preferred stock dividends of $9,333 for the second quarter of 2015, compared to net income to common shareholders of $170,464 after preferred stock dividends of $10,000 for the second quarter of 2014.  On a basic and diluted basis, this was equivalent to $0.12 per share compared to $0.11 per share for the second quarter of 2014.

President and CEO James R. Black stated, “I would characterize the second quarter as one where we are really getting poised for higher performance. During the quarter we repaid $3 million of SBLF preferred stock, experienced moderate loan growth and improved pre-tax, pre-provision earnings by 44% from the second quarter of last year. We did however have a $475 thousand borrowing relationship that we prudently placed on nonaccrual and will continue to assess whether further impairments are required. Our focus remains on the business model of true community banking and we are actively investing wisely for our future.”  

In comparing the second quarter of 2015 to the same quarter in 2014, net interest revenue increased by $83 thousand or 6.0%.   The net interest margin for the second quarter of 2015 was 3.67%, flat to the margin for the second quarter of 2014.  On a year-to-date basis, the net interest margin at June 30, 2015 was 3.67%, compared to 3.82% for the first six months of 2014.  Without the effect of a $137 thousand interest income recovery on a non-performing loan in February 2014, the margin would have been 3.63% for the second quarter of 2014.   On a core basis, this represents a 4 basis point improvement, due primarily to increased loan balances and further reductions in the cost of funds. 

Noninterest income totaled $194,234 for the second quarter of 2015 compared to $200,465 for the same period in 2014, a 3.6% reduction.  Service charge income was down almost 22% as the bank moves toward relationship pricing and collection of NSF fees becomes more challenging.  Noninterest expense of $1,312,672 represents a 2.4% reduction from $1,345,200 for the second quarter of 2014.  Noninterest expense year-to-date is at $2.6 million, flat to June 30, 2015.  Improvements in FDIC insurance premiums, fewer expenditures for collection and resolution of problem credits, and ongoing attention to operating expenses have resulted in overall reductions which have offset the costs related to staffing and loan production. Provision expense at June 30, 2015 was $100 thousand compared to no provision at June 30, 2014.  As the Bank continues to reach into new geographic markets and enhance its product lines, commensurate additions to the provision are just careful operating strategy.  Net income for the first six months of 2015 after the preferred stock dividend was $380,770 compared to $439,936 for the first six months of 2014.  While on its face this translates to a 13.5% decrease, core earnings for the first six months compares favorably.  Absent 2015 provision expense and the February 2014 non-recurring income item, pre-tax core earnings at June 30, 2015 of $665 thousand represent a 30% increase over June 30, 2014 of $511 thousand.  

Growth
At June 30, 2015, total assets were $170.2 million, up $3.2 million or 1.9% from December 31, 2014. Gross loans were $138.7 million, an increase of $5.0 million or 3.7% from December 31, 2014 and $5.3 million or 4.0% higher than the first quarter of 2015.  The loan pipeline is healthy despite being selective with our credit underwriting. Deposits totaled $147.8 million, an increase of $4.9 million or 3.4% from December 31, 2014. 

Asset Quality
At June 30, 2015 the allowance for loan losses was $2.0 million or 1.46% of loans.  Net charge-offs at June 30, 2015 were $16 thousand.  Provision expense at June 30, 2015 was $100,000 compared to no provision at June 30, 2014.  Nonperforming loans at June 30, 2015 were $685 thousand, compared to $292 thousand at December 31, 2014 and $416 thousand at June 30, 2014. 

At June 30, 2015, other real estate owned totaled $435 thousand compared with $762 thousand at year end 2014 and $891 thousand at June 30, 2014.  In aggregate, nonperforming assets equaled $1.1 million or 0.7% of total assets at June 30, 2015, compared to $1.3 million or 0.8% of total assets at June 30, 2014, a reduction of $200 thousand or 14.3%.

Capital 
As of June 30, 2015, total risk-based capital was 15.5% compared to 17.8% one year ago, and significantly higher than the 10.0% minimum regulatory requirement for well capitalized institutions. Tier 1 leverage was 10.7%, down from 12.6% at December 31, 2014.   On June 23, 2015, the Bank redeemed $3.0 million of preferred stock which had been issued in connection with participation in the Small Business Lending Fund.  This will represent a significant savings when the interest rate increases to 6% in January 2016; capital ratios still exceed regulatory guidelines to be well-capitalized and the Bank’s capital position enables it to provide the products and services demanded by the communities it serves.    

Citizens Community Bank is a Virginia state chartered bank headquartered in South Hill, Virginia.  Opened in December 1999, it operates five branches, three in south central Virginia and two in northern North Carolina and a Loan Production Office in North Raleigh, NC.  For more information and additional financial data, please visit www.ccbsite.com.

This press release contains “forward-looking statements” that concern future events which are subject to risks and uncertainties.  Any such statements are based on certain assumptions and analyses by the Bank and other factors it believes are appropriate in the circumstances and at the time at which such statements are made.  The Bank’s actual results, events and developments may differ materially from those contemplated by any forward-looking statement.  The Bank has no responsibility to update such forward-looking statements.

 

 

 

Citizens Community Bank

Financial Highlights

(Actual dollars, except per share data)

June 30

December 31

June 30

Balance Sheet Data:

2015

2014

2014

Total assets

$    170,235,720

$      167,009,003

$      162,659,727

Loans, gross

$    138,671,375

$      133,715,226

$      129,862,341

Loans, net of ALLR

136,642,226

135,660,608

127,855,845

Deposits

147,791,225

142,879,158

139,663,348

Federal funds purchased

299,000

Borrowings

3,000,000

2,000,000

1,000,000

Preferred stock

1,000,000

4,000,000

4,000,000

Stockholders’ equity

19,073,967

21,704,881

21,378,269

Book value per share (1) (2)

$               11.98

$                 11.74

$                 11.52

Total shares outstanding (2)

1,509,045

1,508,046

1,508,046

Three months ended June 30

Six months ended June 30

Performance Ratios:

2015

2014

2015

2014

Return on average assets

0.43%

0.41%

0.47%

0.54%

Return on average common equity

4.08%

3.94%

4.48%

5.15%

Net interest margin

3.67%

3.71%

3.67%

3.81%

Overhead efficiency

78.61%

84.22%

80.35%

80.16%

June 30

December 31

June 30

Asset Quality Data:

2015

2014

2014

Allowance for loan loss

$        2,029,149

$          1,945,382

$          2,006,496

Nonperforming loans (3)

$           685,052

$             291,790

$             416,137

Other real estate owned

$           434,695

$             762,239

$             891,109

Nonperforming assets (3)

$        1,119,747

$          1,054,029

$          1,307,246

Performing troubled debt restructurings

$           572,031

$             749,602

$             782,063

Net charge offs (recoveries)

$             42,705

$               60,363

$                  (751)

Classified loans

$        4,434,054

$          4,135,462

$          4,929,566

Total Classified Assets

$        4,868,749

$          4,897,701

$          5,820,675

June 30

December 31

June 30

Asset Quality Ratios:

2015

2014

2014

Allowance for loan loss to total loans

1.46%

1.43%

1.55%

Nonperforming loans to total loans

0.49%

0.22%

0.32%

Nonperforming assets to total assets

0.66%

0.63%

0.80%

Net charge-offs (recoveries) to average loans

0.03%

0.05%

0.00%

Capital Ratios:                               

Total capital ratio                            

15.48%

17.42%

17.77%

Tier 1 capital ratio                           

14.22%

16.17%

16.51%

Common equity tier 1 ratio             

13.66%

N/A

N/A

Tier 1 leverage ratio                         

10.73%

12.57%

12.51%

Note: (1) Book value excludes $4,000,0000 of preferred stock for 6/30/14 and 12/31/14 and $1,000,000 for 6/30/15.

          (2) Shares outstanding reflect issuance of restricted stock awards in 2013 and 2014.

          (3) Excludes performing troubled debt restructurings.

 

SOURCE Citizens Community Bank

RELATED LINKS
http://www.ccbsite.com

Tagged with:

SQL Sentry Releases Content Pack For Microsoft Power BI



CHARLOTTE, N.C., July 30, 2015 /PRNewswire/ — SQL Sentry, LLC, the developer of award-winning software for SQL Server, is pleased to announce the release of the Power BI content pack for SQL Sentry, originally announced in May. The SQL Sentry Cloud (cloud.sqlsentry.com) already provides web access to your SQL Sentry performance and event data from anywhere, and across any tablet or mobile device. The new Power BI content pack for SQL Sentry further extends these cloud capabilities to deliver analytics for key areas such as performance, downtime, disk utilization, and operations.



Logo – http://photos.prnewswire.com/prnh/20150729/249245LOGO


“Cloud.sqlsentry.com is a service which is not only useful for database administrators, but also delivers useful, actionable information for ops teams and IT managers alike,” said Greg Gonzalez, President and CEO, SQL Sentry. “After a successful development and testing period, we are excited that all our users will now have the ability to take advantage of this service.”



The SQL Sentry Cloud team worked closely with Microsoft’s Power BI team to create this exciting new service. With it, a SQL Sentry user can easily synchronize on-premises data to the cloud, and gain instant access to the Power BI content pack for SQL Sentry. In addition to pre-built dashboards and reports, users can quickly build custom reports on top of the exposed data model, and utilize Power BI’s powerful natural language search for instant insights.



“Power BI makes it easy for users to quickly gain insight from data,” said James Phillips, Corporate Vice President of Microsoft’s business intelligence products group. “With this collaboration, SQL Sentry customers will be able to connect and view their data from pre-built Power BI dashboards and reports that are updated continuously and automatically.”



“Our vision to provide customizable, shareable, and easily consumable dashboards and reports on top of the performance and operational data collected by SQL Sentry comes to fruition with this content pack,” said Rick Pittser, Product Manager, SQL Sentry. “The Microsoft team has been a pleasure to work with, and thanks to their involvement, our users have access to another great tool to help them monitor their SQL Server and Windows environments.”



For additional information, visit the SQL Sentry website at www.sqlsentry.com.



About SQL Sentry®
SQL Sentry, LLC delivers software products that optimize the performance of Microsoft SQL Server environments. SQL Sentry Performance Advisor® for SQL Server delivers an advanced performance dashboard with relevant Windows and SQL Server metrics in a single view along with detailed insight of heavy SQL, blocking, deadlocks, and disk bottlenecks. SQL Sentry Performance Advisor for Analysis Services provides unparalleled insight into Analysis Services performance, including bottlenecks related to memory, storage systems, aggregation usage, queries and processing. SQL Sentry Event Manager® is the ultimate scheduling, alerting and response system for managing SQL Server jobs, SharePoint jobs and other events that impact performance.



Contact
Nick Harshbarger, SQL Sentry VP Sales and Marketing, (704) 895-6241, Email
8936 NorthPointe Executive Park Dr, Suite 200, Huntersville, NC 28078, www.sqlsentry.com





SOURCE SQL Sentry, LLC

Related Links

http://www.sqlsentry.com

Tagged with:

Syracuse football recruiting: 3-star hybrid Moe Neal deciding between Orange …

Syracuse, N.Y. — A busy week of recruiting for Syracuse caps off on Saturday with a chance to land one of the top 2016 targets on the team’s board.

The Orange picked up pledges from Georgia defensive back Monquavion Brinson and New Jersey defensive end Jamal Holloway on Monday and Tuesday, respectively, and declined to accept a commitment from Florida safety Devon Clarke on Wednesday.

On Saturday at 1 p.m., Forestview (Gastonia, N.C.) High School hybrid target Moe Neal will announce his verbal commitment. He is down to two finalists, Syracuse and Wake Forest, he said in a text message on Friday.

The 5-foot-11, 160-pound Neal is rated three stars and the No. 38 athlete in the country by 247Sports.com’s composite rankings. He is a speedy athlete who would play hybrid in SU offensive coordinator Tim Lester’s new offense, lining up on the wing, in the slot and in the backfield and contributing as both a running and receiving threat.

Neal believes the position would be an ideal fit as he’s comfortable operating out of the slot and has taken jet sweeps from the wing and more traditional carries from the backfield in high school.

He carried the ball 273 times for 2,018 yards and 29 touchdowns as a junior, according to MaxPreps.com, while adding 35 receptions for 549 yards and another nine scores. Neal accounted for 74 total touchdowns in his three seasons of high school ball.

In early May, he named SU to his Top 5, along with Duke, Wake Forest, Boston College and Mississippi State. His other offers include Georgia Tech, West Virginia and North Carolina State, per 247Sports.com.

Neal has visited Syracuse twice, first with future running back commit Robert Washington for the Florida State game last year. He then returned with his father for a more expansive unofficial visit on July 16. The only school he’s visited since is Wake Forest.

Neal keeps in regular contact with his primary recruiter, SU running backs coach DeAndre Smith, as well as a handful of others on staff including wide receivers coach/recruiting coordinator Bobby Acosta and operations and recruiting quality assistant Cole Dial.

Ultimately, though, having Washington in the fold may be Syracuse’s best selling point.

Neal has known Washington since the summer going into eighth grade when the two met at a Future Stars camp. They live about 15 minutes away from each other, Washington said, and have teamed up for USA Football with Washington lining up in the backfield and Neal in the slot.

Robert Washington (left), Aapri Washington (middle), Moe Neal (right) on their unofficial visit to Syracuse for the Florida State game last season. 

“It was just a bond from Day 1 and we grew from there,” Neal said previously. “We’ve went on combines together, visits, the whole nine yards. We’re family now.”

Syracuse currently has 14 players committed to its Class of 2016, including 2015 holdover defensive end Brandon Ginnetti. The Orange has one hybrid pledged in Georgia native Darius Stubbs.

SU is expected to take about 18 players this cycle in order to stay under the NCAA cap of 85 total scholarships. All verbal commitments are non-binding until the player signs a national letter of intent in February.

Contact Stephen Bailey anytime: Email | Twitter | 315-427-2168

Tagged with:

Hendersonville Downtown Ambassador to Alleviate Parking Problems

c 2014, WLOS ABC 13 | Portions are Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or distributed.

WLOS News 13 provides local news, weather forecasts, traffic updates, notices of events and items of interest in the community, sports and entertainment programming for Asheville, NC and nearby towns and communities in Western North Carolina and the Upstate of South Carolina, including the counties of Buncombe, Henderson, Rutherford, Haywood, Polk, Transylvania, McDowell, Mitchell, Madison, Yancey, Jackson, Swain, Macon, Graham, Spartanburg, Greenville, Anderson, Union, Pickens, Oconee, Laurens, Greenwood, Abbeville and also Biltmore Forest, Woodfin, Leicester, Black Mountain, Montreat, Arden, Weaverville, Hendersonville, Etowah, Flat Rock, Mills River, Waynesville, Maggie Valley, Canton, Clyde, Franklin, Cullowhee, Sylva, Cherokee, Marion, Old Fort, Forest City, Lake Lure, Bat Cave, Spindale, Spruce Pine, Bakersville, Burnsville, Tryon, Columbus, Marshall, Mars Hill, Brevard, Bryson City, Cashiers, Greer, Landrum, Clemson, Gaffney, and Easley.

Tagged with:

Weekend wanderings: 10 stops on the Blue Ridge Parkway most motorists overlook

Jason Frye, a Wilmington, N.C.-based travel writer, zeroes in on the Southeast. His third guidebook, “Blue Ridge Parkway Road Trip,” was published in May (Moon/Avalon Travel, $19.99), with four more books for Moon lined up for 2016. Two will be about the Carolinas, one about Asheville and the fourth about Great Smoky Mountains National Park.

Frye, 37, wasn’t the only person exploring the scenic road that stretches 469 miles, between Cherokee and Shenandoah National Park in Virginia. The drive is extremely popular: It attracted close to 14 million visitors in 2014.

So we asked him to name great spots along the route that motorists often overlook.

Little Switzerland, N.C., Milepost 331

“People know there’s the Museum of North Carolina Minerals at the exit, and some know there’s emerald mining around there. Stop at Emerald Village, a collection of old emerald mines bunched together, that’s fun and interesting. You can actually walk back into the old mines.

“And just a few miles north at this exit is Spruce Pine, and a restaurant called Knife Fork. Its chef, Nathan Allen, is very well known in the Asheville community as a master forager. Here, he looks around the mountains to gather what he prepares. Dining at Knife Fork (www.knifeandforknc.com) is a really elegant, high-end experience in an unexpected location. There’s nothing else like it in the area.”

Linville Falls, N.C., Milepost 316.3

“People who visit here too often give up on the hike and don’t push on the half-mile to Erwin View, a peak-to-bald vista. And the plunge-basin overlooks, on the north side of the falls, give you a really good view of just how deep Linville Gorge is: It’s known as the ‘Grand Canyon of the East,’ and you get a sense of that at these overlooks.”

Folk Art Center (N.C.), Milepost 382

“It’s near Asheville and also close to the BRP visitor center, so maybe people think, ‘Well, I’ll just push on past this.’ I’m always surprised how few people visit the Folk Art Center (www.southernhighlandguild.org). It’s an excellent stop — almost like a commercial outlet for the Penland School of Craft Schools or John P. Campbell Folk School, and is filled with Appalachian crafts and folk art pieces — brooms to river-rush baskets to carved bowls and more.”

Balsam Mountain (N.C.), Milepost 458

“There’s a great off-road you can take: Balsam Mountain Road — a 14-mile back-country gravel road that goes around Balsam Mountain along the ridge lines and back down to Cherokee. You really have to commit to it because it becomes a one-way pretty quickly, and takes about an hour and a half from one end to the other. Along the drive, there are trails off the road, blackberry patches and excellent views. If you’re looking for spring wildflowers, rhododendrons in summer or one of the best fall leaf drives, try this.”

Sally Mae’s (Glendale Springs, N.C.), Milepost 259

“It used to be called the Northwest Trading Post, and is a little deli and gallery. A little farther down the Parkway at Milepost 260.3 is a 1-mile hike that goes to a concrete overlook where there are great fall photo opportunities at Jumpin-off Rock. It’s a relatively easy hike with a slight incline on the way back. The trail takes you to a great view … and people don’t realize it’s there.”

The Orchard at Altapass (Spruce Pine, N.C.), Milepost 328

“The orchard produces 120,000 bushels of apples, some from heirloom trees, and it has you-pick-’em in late summer and fall. But from May to about October, it also offers events and some great classes in Appalachian culture and folkways — teaching things like dancing, quilting or broom-making (www.altapassorchard.org). It’s really interesting — and at a beautiful spot.”

Floyd, Va., Milepost 165

“Floyd is a free-spirited little mountain town where you have this odd confluence of old Virginia farming families and an artist/hippie community that has moved in. It’s one of the stops on the Crooked Road — Virginia’s tourism route linking old-time music and mountain heritage. In the Country Store, a general mercantile in Floyd, they clear out the aisles and roll back the shelving on Friday nights for a big dance floor and have a jamboree with regional or national bluegrass or old-time bands.

“You can see three generations of families out there dancing. The Friday jamboree has spilled out and become a big street party, with 70 or 80 musicians jamming in pairs, trios and quartets.”

Chateau Morrisette (Va.), Milepost 171.5

“Many Virginians know about this, but it remains sort of the secret. There’s a good little bistro on the winery grounds, and a live-music series (www.thedogs.com). There are several celebrations through the year that are good to see. Chateau Morrisette is one of the oldest vineyards in (Virginia).”

Bedford, Va., Milepost 86

“This is a great jumping-off point if you want to explore Roanoke, one of Virginia’s largest cities, or go boating at Smith Mountain Lake. You’re close enough to those spots … but far enough away to feel you’re absorbing some of Bedford’s small-town charm. The National D-Day Memorial (www.dday.org) is in Bedford; there’s also a wine trail, apple orchards and things like that.”

Peaks of Otter Recreation Area (Va.), Milepost 85.9

“People typically go on the BRP to do a lot of short, less-challenging hikes.

“The two here are different: The climb to Sharp Top is 3 miles and pretty steep; the climb to Round Top is nine miles — not strenuous, but long. Both hikes are fantastic and have gorgeous views. I’ve done both at dawn and done Round Top at sunset. So long as you have appropriate equipment, both are doable … and well worth it.”

Tagged with:
Top