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Batavia Downs making final August show free

By Press Release

Press Release:

Batavia Downs Gaming & Hotel has announced that as part of OTB’s 50th Anniversary Celebration, the corporation will be making the Tommy DeCarlo, Jason Sheff, and August Zadra concert, taking place on August 16, a show with free General Admission Tickets. 

Those wishing to attend the concert can pick up their free GA ticket upon arrival at Batavia Downs inside of Park Place on Friday, August 16.

A fireworks show will also take place following the concert that evening.

Tommy DeCarlo became the lead singer of Boston in 2008 and has performed with them for 2 decades. Jason Scheff joined the band Chicago in 1985 as lead singer/songwriter/bass player and went on to perform thousands of live concerts worldwide spanning four decades during a non-stop touring and recording career with the multi-platinum band. Longtime Dennis DeYoung Band lead guitarist and singer, August Zadra, will be doing a mini set of Styx classics.

For those who already purchased tickets prior to today’s announcement, an upgrade table located outside of the Park Place room on Friday, August 16 will allow attendees to upgrade their tickets to the next section closer to the stage.

Batavia Police Department announces annual Community Night at McCarthy Ice Arena

By Press Release

Press Release:

The City of Batavia Police Department announced that the annual Community Night will take place on Monday, August 5 from 5:30 - 8 p.m. at the David M. McCarthy Memorial Ice Arena located at 22 Evans Street.

Batavia Downs Gaming and Upstate Niagara/O-AT-KA Milk Products are the Diamond Sponsors with all sponsor proceeds going to support the department’s K-9 program.

“We are very excited to conduct our annual Community Night at the ice arena as it gives us more space and flexibility and less disruption because of street closures,” said Batavia Police Chief Shawn Heubusch. “More importantly, the ice arena is a community gathering place which reflects the spirit of the event which is to build on the relationship between the police department and its citizens.” 

Community Night is an annual community-building campaign that promotes strong police-community partnerships and neighborhood camaraderie to make safer neighborhoods. Various organizations and groups once again will be participating in the annual event which will include free food. There will be displays and other interactive activities both inside and outside the arena. 

Among the Gold Sponsors include Chapin, Extended Sound, Grace Baptist Church, Ken Barrett Chevrolet Cadillac Inc., Mogavero’s Auto, and Tonawanda Valley Federal Credit Union. 

Silver sponsors include Beverly’s Flowers and Gifts, Ficarella’s Pizzeria, Genesee County Economic Development Center, Genesee County Sign Shop, H.E. Turner & Co. Funeral Homes, Habitat for Humanity Genesee County, Horizons Health Services, Kiwanis Club Batavia, Main St. Pizza, Mercy EMS, Northside Deli, Perry Vet, Salmon Orthodontics, Southside Deli, Town of Batavia Fire Department, Toyota of Batavia, TShirts Etc., UConnectCare, and V.J. Gautier Constructors, Inc. 

Bronze sponsors include Batavia Lions Club, Cedar Street Sales and Rental, and Pathstone Corporation.

For more information and for those interested in a sponsorship opportunity, should contact Batavia Police Department Detective Matthew Wojtaszczyk at 585-345-6357 or at mwojtaszczyk@batavianewyork.com.

BND United Hockey hosting pickleball tournament fundraiser

By Press Release

Press Release:

BND United Hockey is excited to announce its Pickleball Tournament, scheduled for Sunday, August 18. The event will take place at Batavia High School, located at 260 State St., Batavia on the tennis courts.

The tournament will feature two sessions:

  • AM Flight: 9 a.m. - Noon
  • PM Flight: 1 - 4 p.m. (if needed)

This fun, non-sanctioned event is designed to bring pickleball enthusiasts together while supporting the BND United Hockey program. The cost to participate is $20 per person or $40 per team, with a doubles format.

Participants will enjoy a hot dog, water, outdoor games (cornhole, can jam, ping pong), and music. For those who need a doubles partner, arrangements will be made.

To register, please contact John Kirkwood at jkusa1989@gmail.com. Indicate your preferred session or your availability for either. Registration fees can be paid via check made out to BND United Hockey, Venmo @John-Kirkwood-13, or cash on the day of the event.

Prizes will be awarded to the winning teams in each flight, and the tournament will help raise funds for the upcoming hockey season.

For more information, please contact John Kirkwood at the email address above.

All eyes were on Center Attraction at Batavia Downs

By Tim Bojarski
center-attraction.JPG
Photo of Center Attraction courtesy of Wendy J. Lowery.

After a lengthy rain delay due to a mid-summer deluge that moved through Genesee County halfway through the card, a full field of of top class mares convened in the $13,500 Distaff Handicap pacing feature that was won by Center Attraction.

A stiff tussle for front-end dominance took place off the gate between Summer Lovin (Kevin Cummings), Imprincessgemma A (Jim Morrill Jr.) and Center Attraction (Jim McNeight Jr.) with Center Attraction forging her way to the lead in a swift :27.1. From there she took control of the race with Summer Lovin securely tucked in the pocket. Center Attraction then made her way to the half in :56.3 and three-quarters in 1:25.4 without any pressure from behind. But after the girls made their way into the last turn, Summer Lovin popped the deuce and advanced towards the leader. The two mares paced side by side to the top of the stretch where Center Attraction separated herself by a neck and won in 1:55.2.

It was the 25th career win for Center Attraction ($4.60) who is owned by her trainer Robert Anderson, in partnership with Pamela Schreiber.

Jim McNeight Jr. was the top driver at the Downs on Tuesday after he scored a grand slam in the bike. Besides Center Attraction, McNeight also won with Escape The House (1:56.3, $4.80), Lunar Credit (2:00.1, $3.50) and Walk It Talk It (1:56.2, $6.10).

Live racing resumes at Batavia Downs on Wednesday (July 31) at 6 p.m.

Free full card past performance programs for every live card of racing at Batavia can always be downloaded at the Downs’ website (bataviadownsgaming.com) under the “Live Racing” tab and all the racing action can be viewed as it happens for free at the Batavia Downs Live Facebook page.

Howlenthehills, Boston Rocks face off in NYSS glamour division at Batavia Wednesday

By Tim Bojarski
howlenthehills.jpg
Photo of Howlenthehills courtesy of Tom Melanson.

The two hottest pacers currently competing in the 3-year-old colts and geldings division of the New York Sire Stakes will be at Batavia Downs on Wednesday (July 31) for a head to head tilt in the first of two $57,000 divisions that highlight the stellar mid-week card.

Howlenthehills (American Ideal-Arielle Lynn) has been on a tear this year, winning seven out of his eight starts with one second as well. That lone defeat came by only one-half length in the $225,000 MGM Messenger Stake final at Yonkers Raceway last month to his stablemate, Sweet Beach Life. Other than that, he’s been a wrecking ball since April over every track surface he’s been on. He is undefeated in NYSS action this year, took a 1:50.1 lifetime mark at Vernon Downs in June and his overall efforts currently place him as the fourth richest 3-year-old male pacer in North America to date.

Boston Rocks (Boston Red Rocks-Scirocco Sarah) has started four times in NYSS action this year, winning twice and finishing second twice, with those two losses coming to Howlenthehills. His lifetime mark came in an overnight at Mohegan Sun Pocono when he paced around their red surface in 1:51.4 while pulling away by 7-1/2 lengths. He rolled that win into another devastating performance in his last start at Monticello Raceway, where he won his split of the NYSS in 1:52.3 by nine lengths in a laugher.

These two pacers have a lot in common.

Howlenthehills is the top point-getter (150) and highest earner ($101,600) in his NYSS classification while Boston Rocks is tied with him for points (150) while sitting second right behind him for earnings ($94,650)

But they also have a couple outstanding differences.

Howlenthehills was winless as a 2-year-old, including seven starts in the NYSS, and only earned $36,381. While in his first year of racing, Boston Rocks won four races, including three NYSS legs and the $225,000 final before making an appearance in the Breeders Crown final. All of which earned him $352,922.

The other major difference is Howlenthehills is a gelding while Boston Rocks is a colt. So there are two track records in jeopardy on Wednesday as a result of this match-up.

The Batavia Downs standard for a 3-year-old pacing gelding is 1:51.2 while for a 3-year-old pacing colt is 1:52.2, so this is something that bears watching.

Howlenthehills has drawn post one for trainer Travis Alexander and will tour the facility with Matt Kakaley once again in tow while Boston Rocks has post two, with his regular reinsman Jason Bartlett in the bike for trainer Mike Deters.

In the second division, Alexander will also be starting Huntingforchrome (Huntsville-All On Top Hanover) who is another horse who could stake a claim at a new track record as he comes into this start with a lot of asterisks, but also a lot of speed.

Huntingforchrome started out the year with two NYSS starts that yielded one second place finish for then trainer Jenn Bongiorno. Two weeks after that, the gelding found himself in Travis Alexander’s barn and has been a speed show on the Grand Circuit ever since.

His first start for Alexander was in the Meadowlands Pace elimination where he was race timed in 1:49.3, but he was rigged incorrectly according to Alexander in an interview after the race. With the proper changes made, Huntingforchrome then won a 3-year-old Open pace at the Meadowlands in a sparkling lifetime best 1:48.1, finished second in 1:49.1 by 1-3/4 lengths in the Adios elimination at the Meadows and then finished fourth in the Adios final by only 2-1/2 lengths while being race timed in 1:49.4. That start was only four days removed from this NYSS outing at Batavia, which is his first NYSS tilt since mid-June.

Alexander has Matt Kakaley in the bike behind Huntingforchrome and they will start from post five in this event.

His main competition appears to be Ameritric (American Ideal-Electric Fool) who is the only starter in this field with a NYSS victory this year, coming in a lifetime best 1:52.3 outing at Buffalo. Other than that, Ameritric has won three overnights and has posted the highest earnings of this group this year ($68,750).

Brett Beckwith will take the reins for trainer George Ducharme from post three.

Taranaki (Huntsville-Free Fi Girl) is as consistent as a horse can be, finishing seven out of nine starts in the money with four straight checks in the NYSS. He has gate speed and having drawn post one, will be in the mix from start to finish.

Trainer Paul Jessop has called upon local leading driver Kevin Cummings to steer this week.

The New York Sire Stake divisions will go as race seven and nine while the three $20,000 Excelsior races are carded as three, five and 11. Post time for race one is at 6 p.m.

Dutra's homer lifts Muckdogs in championship before cloudburst suspends game

By Howard B. Owens
muckdogs home run

Trevor Dutra delivered a bomb over the right field wall in the bottom of the third inning of Tuesday's division championship game to give the Muckdogs a 1-0 lead over Elmira.

The game was suspended at the start of the fourth inning because of a heavy downpour drenching Batavia.

The Muckdogs have a 2-0 lead in the suspended game after Caleb Walker scored on a wild pitch later in the bottom of the third.

The game resumes on Wednesday at 6:30 p.m.  Tickets from Tuesday's game are still valid.

Photos by Howard Owens.

Dutra muckdogs homerun

Terry Hills Drive closed Monday for paving

By Press Release

Press Release:

To all motorists, residents, and property owners along Terry Hills Drive in the Town of Batavia:

Terry Hills Drive will be paved on August 5 between the hours of 7 a.m. and 5 p.m. 

The roadway will be closed to all traffic on Terry Hills Drive between Clinton St-Rd/ Route 33 and dead-end while paving operations occur. Residents and Property owners of Terry Hills Drive will have limited access and should expect delays.

Emergency services will be permitted through. All other traffic will not be permitted through the road closure. This work is weather dependent. If work is delayed it will be rescheduled for the next available date.

If there are any questions concerning this work, please contact The Town of Batavia – Highway Department at (585) 343-1729 Extension 218. Thank you for your cooperation in advance.

Batavia Swing Band performing at DeWitt on Saturday

By Press Release

Press Release:

Enjoy a free concert on a summer night at the DeWitt Recreation Area on Saturday, August 3 from 6:30 - 8:30 p.m. Meet us at Pavilion 2 for a concert featuring the Batavia Swing Band.

Bring a lawn chair and your favorite people! First come, first served seating at picnic tables. The Pink Cow Ice Cream truck will be on hand for all of your sweet treat needs. 

This concert is FREE. Made possible through generous funding by the Genesee County Association for the Conservation of Recreational and Natural Spaces (ACORNS).

Muckdogs open playoffs with 4-2 over Jamestown

By Howard B. Owens

The Batavia Muckdogs opened the postseason with a 4-2 win over Jamestown at Dwyer Stadium on Monday.

Batavia finished the regular season with a 34-8 record for a .802 win percentage, 10 games ahead of second-place Elmira and the second-best record in the Perfect Game Collegiate Baseball League. The Amsterdam Mohawks finished 35-7 for a .833 win percentage.

Jamestown, 19-25 in the regular season, opened the scoring with two runs in the second on an RBI single by Leo Doyle. Two batters later, Aidan Wallace scored on a wild pitch.

The Muckdogs answered in the bottom half of the inning on an RBI single by T.J. Morris and tied the game in the bottom of the third when Travis Hammond scored on a fielder's choice.

Hammond again scored in the sixth on a fielder's choice in the sixth to give the Muckdogs the lead.

Batavia picked up an insurance run in the eighth after Shaun Pope walked to open the inning (replaced on the basepaths by James Mason), a single by Travis Hammond, a walk to Jake Butler, and finally a walk, forcing a run in (Mason) to Cooper Romich.

The win was credited to Garrett Beaver, who took the mound in the sixth, relieving Gage Wheaton (Penfield/Niagara University), who went five innings, giving up four hits, two runs, and striking out five Tarp Skunks.

Hammond was 2-2 with a walk at the plate, scoring two runs. 

To keep their season going, the Muckdogs need another win on Tuesday night against Elmira at Dwyer Stadium. Game time is 6:35 p.m.

 

HLOM announces extended hours, tours, trivia for August

By Press Release

Press Release:

The Holland Land Office Museum is extending its hours every first Wednesday of the month until 8 p.m.! You will get personal tours from staff and volunteers, meaning you will get a more in-depth history of Batavia and Genesee County! You also may be able to go upstairs, if you are able and want to! Admission is $5 for non-members and $3 for members! Call the museum or email us if you wish to attend! (585) 343-4727 or hollandlandofficemuseum@gmail.com.

Join the Holland Land Office Museum for the next edition of our Trivia Night at the Museum on Thursday, August 8 at 7 p.m. This month trivia will be held at GO Art! located at 201 E. Main St. in Batavia. You can even get a drink at their Tavern 2.o.1. In honor of the Woodstock Music Festival, our topic is the Swinging Sixties. Admission is $5 or $3 for museum members. Please contact the museum at 585-343-4727 or hollandlandoffice@gmail.com if you would like to attend.

Due to popular demand for varying times in our presentation/program times! HLOM staff with be giving presentations every second Saturday of the month from 11 a.m. - 12 p.m. on Saturday, August 10! Our curator, Tyler Angora, will be presenting on "19th-Century Weddings," which he did a few months ago to kick off the wedding exhibit! However, due to many requests, he will be doing it again! You will learn about 19th-century wedding customs, clothing, and so much more! Admission $5 for non-members and $3 for members! You may let us know if you are planning on attending by either calling the museum at (585)343-4727 or emailing us at hollandlandofficemuseum@gmail.com.

Bring the kids by the Holland Land Office Museum for our new History Story time for Summer 2024. On Saturday, August 17 at 11 a.m. Joyce Thompson-Hovey will be sharing the fun topic of Civil War Mascots & Pets. For this presentation the speaker comes in Civil War Union uniform and explains what the average soldier wore and carried with them. This program shows how many regiments had strange and unusual pets. These pets went to war and lived in camps with their soldier owners. These are their unusual stories. Admission is $5 or $3 or museum members. If you would like to sign up please contact the museum at 585-343-4727 or hollandlandoffice@gmail.com. 

Come and learn the first steps to create a Family Tree from 2 - 3 p.m. on Saturday, August 17. In partnership with the Genesee Area Genealogists, this is the first part of a two-part program to learn how to begin creating a family tree, which can be daunting if you do not know where to start! This workshop is worth bringing your kids to, it would be a fun activity for a family to do together! Admission is $5 for non-members and $3 for members!

Join us at the Holland Land Office Museum for the next edition of our Java with Joe E. morning presentation series on Thursday, August 22 at 9 a.m. Erica Wanecski will be sharing how the world and Western New York changed throughout the decade of the 1980s. Admission is free with coffee and cookies. Please contact the museum at 585-343-4727 or hollandlandoffice@gmail.com if you plan to attend. Thank you to Pub Hub Coffee for sponsoring Java with Joe E. for 2024. 

On August 24 at 11 a.m. Brandon Brooks, Curator of the John L. Wehle Gallery at Genesee Country Village & Museum, will be presenting “Redeeming the Irredeemable: The Diabolical Striped Garment,” The presentation will explore how the stripe and striped garments have been used by society to draw a line between those who are welcome and those who are not. From nefarious criminals, rebels, insurgents, and prisoners, to the middle-class masses, and those wishing to embrace seaside luxury; the history of stripes is full of colorful and conflicting implications. Extent pieces from the Bruce & Susan Greene Costume Collection will complement this discussion. Brooks has been the Curator of the John L. Wehle Gallery at Genesee Country Village & Museum since March 2020. Brooks works with over 400 years of European and American sporting and wildlife art, and over 300 years of fashion and textile material culture. Admission is $5 for non-members and $3 for members. Please contact the museum at 585-343-4727 or hollandlandoffice@gmail.com.

"This project is made possible with funds from the statewide Community Regrant Program, a regrant program of the New York State Council on the Arts with the support of the office of the Governor and the New York State Legislature and administered by GO ART!"

Police looking for help locating possible stolen dog

By Press Release
beau stolen dog

Press release:

The City of Batavia Police Department is looking for assistance in locating a dog that may have been stolen from a residence on Masse Pl. "Beau" is a 15 month old Corgi who is white with black and gray spotting on his back end. Beau is also deaf. Beau is believed to have been taken during the morning of July 27th. If you have any information to the whereabouts of Beau, please contact Officer Quider at 585-345-6350.

Tompkins Financial Corporation reports second quarter financial results

By Press Release

Press Release:

Tompkins Financial Corporation ("Tompkins" or the "Company") reported diluted earnings per share of $1.10 for the second quarter of 2024, down 6.8% from the immediate prior quarter, and up 86.4% from diluted earnings per share of $0.59 reported in the second quarter of 2023. Net income for the second quarter of 2024 was $15.7 million, down $1.2 million or 7.1% compared to the most recent prior quarter, and up $7.2 million, or 85.0%, when compared to the $8.5 million reported for the same period in 2023.  The increase in diluted earnings per share and net income compared to the results for the second quarter of 2023 largely reflects the Company's sale of $80.9 million of available-for-sale securities which resulted in a $7.1 million (or $0.37 per share) loss on securities transactions in the second quarter of 2023.

For the six months ended June 30, 2024, diluted earnings per share were $2.29, up 18.0% from $1.94 for the six months ended June 30, 2023.  Year-to-date net income was $32.6 million for the six month period ended June 30, 2024, up $4.7 million, or 16.9%, when compared to $27.9 million for the same six month period in 2023.  The growth in year-to-date diluted earnings per share and net income relative to the year-to-date results for the same six month period in 2023 is similarly attributable to the impact caused by the loss on securities transactions described above.

Tompkins President and CEO, Stephen Romaine, commented, "Our year to date and second quarter results have been positively impacted by a stabilizing net interest margin and growth throughout our business. Year over year loans are up 7.7% and year to date noninterest income was up 33%, or 10% excluding the impact from the loss on the sale of securities in the second quarter of 2023.  We have remained focused on expenses with noninterest expenses year to date lower by 2.3%.  As we continue to leverage our balance sheet we are seeing strengthening operating results with stabilizing and growing revenue and lower expenses.  We look forward to driving growth through quality customer relationships supported by our strong capital and liquidity."

SELECTED HIGHLIGHTS FOR THE PERIOD:

  • Net interest margin for the second quarter of 2024 was 2.73%, unchanged from the first quarter of 2024, and down from 2.83% for the second quarter of 2023.
  • Total cost of funds was up 10 basis points compared to the first quarter 2024, down from a 24 basis point increase from the fourth quarter of 2023 to the first quarter of 2024. 
  • Fee-based services (insurance, wealth management, service charges on deposit accounts and cards) revenues for the second quarter of 2024 were up $903,000 or 5.0% compared to the second quarter of 2023.
  • Total operating expenses of $49.9 million for the second quarter of 2024 were in line with the most recent prior quarter, and down $2.0 million or 3.9% compared to the second quarter of 2023.
  • Total loans at June 30, 2024 were up $121.3 million, or 2.2% (8.7% on an annualized basis) compared to the immediate prior quarter, and up $409.5 million, or 7.7%, from June 30, 2023.
  • Total deposits at June 30, 2024 were $6.3 billion, down $163.7 million, or 2.5% from March 31, 2024, and $168.8 million, or 2.6%, from June 30, 2023. 
  • Loan to deposit ratio at June 30, 2024 was 91.7%, compared to 87.5% for the immediate prior quarter.
  • Regulatory Tier 1 capital to average assets was 9.15% at June 30, 2024, up compared to 9.08% reported at March 31, 2024, and down compared to 9.57% at June 30, 2023.

NET INTEREST INCOME

Net interest income was $51.0 million for the second quarter of 2024, up from $50.7 million for the first quarter of 2024, and down from $51.9 million for the second quarter of 2023. Net interest income for the quarter ended June 30, 2024 was impacted by increases in interest expense, which totaled $34.3 million for the second quarter of 2024 compared to $20.0 million for the same period in 2023, partially offset by increased interest and dividend income, which increased by $13.4 million when compared to the second quarter of 2023. 

For the six months ended June 30, 2024, net interest income was $101.6 million, down $4.5 million or 4.3% when compared to the same period in 2023.  

Net interest margin was 2.73% for the second quarter of 2024, unchanged from the first quarter of 2024, and down from the 2.83% reported for the second quarter of 2023. The decrease in net interest margin, when compared to the prior year, was mainly driven by higher funding costs, driven by market rates and higher borrowings due to lower deposit balances, and was partially offset by higher yields on interest earnings assets. 

Average loans for the quarter ended June 30, 2024 were up $65.9 million, or 1.2%, from the first quarter of 2024, and were up $382.8 million, or 7.2%, compared to the prior year second quarter. The increase in average loans over both prior periods was mainly in the commercial real estate and commercial and industrial portfolios. The average yield on interest-earning assets for the quarter ended June 30, 2024 was 4.56%, which was up from 4.47% for the prior quarter ended March 31, 2024, and up from 3.91% for the quarter ended June 30, 2023. 

Average total deposits for the second quarter of 2024 were down $42.9 million, or 0.7%, compared to the first quarter of 2024, and down $128.3 million or 2.0% compared to the same period in 2023.  The decrease compared to the prior quarter was mainly driven by seasonal deposit trends, while the decrease compared to the prior year was largely driven by inflation and persistent rate competition for deposits due to the current interest rate environment and tightening monetary policy.  The cost of interest-bearing deposits of 2.27% for the second quarter of 2024 was up 10 basis points from 2.17% for the first quarter of 2024, and up 86 basis points from 1.41% for the second quarter of 2023.  The ratio of average noninterest bearing deposits to average total deposits for the second quarter of 2024 was 29.1% compared to 28.8% for the first quarter of 2024, and 31.1% for the quarter ended June 30, 2023.  The average cost of interest-bearing liabilities for the second quarter of 2024 of 2.64% represents an increase of 13 basis points over the first quarter of 2024, and an increase of 100 basis points over the same period in 2023.

NONINTEREST INCOME

Noninterest income represented 29.9% of total revenue for the second quarter of 2024 compared to 30.4% for the first quarter of 2024, and 19.6% for the second quarter of 2023.  Noninterest income of $21.8 million for the second quarter of 2024 was up $9.2 million or 72.6% compared to the same period in 2023.  Year-to-date noninterest income of $43.9 million was up $10.9 million or 33.0% compared to the same period in 2023.  The increase in quarterly and year-to-date noninterest income compared to the same periods in 2023 was mainly due to a $7.1 million loss on the sale of available-for-sale securities discussed above.  Also included in the increase in the second quarter of 2024 over the same period prior year are fee-based revenues which included insurance commissions and fees, up $415,000, wealth management fees, up $171,000, service charges on deposit accounts, up $126,000, and card services income, up $191,000.

NONINTEREST EXPENSE

Noninterest expense was $49.9 million for the second quarter of 2024, which was down $2.0 million or 3.9% compared to the second quarter of 2023.  Year-to-date noninterest expense for the period ended June 30, 2024 was $99.8 million, a decrease of $2.3 million or 2.3% compared to the $102.1 million reported for the same period in 2023.  The decrease was mainly driven by lower other expenses (legal fees, marketing expense, professional fees, and travel and meeting expense) and lower salaries, wages and other employee benefits in the second quarter of 2024 compared to the same period in 2023. 

INCOME TAX EXPENSE
The provision for income tax expense was $4.9 million for an effective rate of 23.8% for the second quarter of 2024, compared to tax expense of $1.8 million and an effective rate of 17.3% for the same quarter in 2023. For the first six months of 2024, the provision for income tax expense was $10.1 million and the effective tax rate was 23.6% compared to provision expense of $7.7 million and an effective tax rate of 21.6% for the same period in 2023.  Lower tax expense for both the quarter and year-to-date periods in 2023 was mainly a result of lower income associated with the loss on the sale of securities described above.

ASSET QUALITY

The allowance for credit losses represented 0.92% of total loans and leases at June 30, 2024, unchanged from the most recent prior quarter and December 31, 2023. The ratio of the allowance to total nonperforming loans and leases was 84.94% at June 30, 2024, compared to 82.47% at March 31, 2024, and 154.76% at June 30, 2023.  The decrease in the ratio compared to the same prior year period was due to the increase in nonperforming loans and leases discussed in more detail below.

Provision for credit losses for the second quarter of 2024 was $2.2 million compared to provision expense of $2.3 million for the same period in 2023. Provision for credit losses for the six months ended June 30, 2024 was $3.0 million compared to $1.4 million for the six months ended June 30, 2023.  The increase in provision expense for the year-to-date period compared to the same period in 2023 was mainly driven by loan growth and changes in off balance sheet reserves driven by an increase in loan pipeline.  Net charge-offs for the second quarter of 2024 were $509,000 compared to net recoveries of $27,000 reported for the same period in 2023.

Nonperforming assets represented 0.79% of total assets at June 30, 2024, down from 0.81% reported at March 31, 2024, and up compared to 0.41% at June 30, 2023. At June 30, 2024, nonperforming loans and leases totaled $62.5 million, compared to $62.7 million at March 31, 2024 and $31.4 million at June 30, 2023. The increase in nonperforming loans and leases at June 30, 2024 compared to results at June 30, 2023 was mainly due to the addition in the fourth quarter of 2023 of one relationship totaling approximately $33.3 million with two commercial real estate properties included in the office space and mixed use properties portion of the commercial real estate portfolio. The Company believes that the existing collateral securing the loans is sufficient to cover the exposure as of June 30, 2024.

Special Mention and Substandard loans and leases totaled $116.2 million at June 30, 2024, compared to $118.7 million reported at March 31, 2024, and $118.1 million reported at June 30, 2023.

CAPITAL POSITION

Capital ratios at June 30, 2024 remained well above the regulatory minimums for well-capitalized institutions. The ratio of total capital to risk-weighted assets was 13.26% at June 30, 2024, compared to 13.43% at March 31, 2024, and 14.48% at June 30, 2023. The ratio of Tier 1 capital to average assets was 9.15% at June 30, 2024, compared to 9.08% at March 31, 2024, and 9.57% at June 30, 2023.

LIQUIDITY POSITION

The Company's liquidity position at June 30, 2024 was stable and consistent with the immediately prior quarter. Liquidity is enhanced by ready access to national and regional wholesale funding sources including Federal funds purchased, repurchase agreements, brokered deposits, Federal Reserve Bank's Discount Window advances and Federal Home Loan Banks (FHLB) advances. The Company maintains ready access to liquidity of $1.4 billion, or 17.3% of total assets at June 30, 2024.  As a member of the FHLB, the Company can use certain unencumbered mortgage-related assets and securities to secure borrowings from the FHLB. At June 30, 2024 the Company had an available borrowing capacity at the FHLB of $661.8 million. Through various programs at the Federal Reserve Bank, the Company has the ability to use certain loans and securities to secure borrowings from the Federal Reserve Bank's Discount Window.  At June 30, 2024 the available borrowing capacity with the Federal Reserve Bank was $137.7 million, secured by loans. In addition to the available borrowing lines at the FHLB and Federal Reserve Bank, at June 30, 2024, the Company maintained $553.3 million of unencumbered securities which could be pledged to further enhance secured borrowing capacity.

Tickets and hotel deals are now on sale for Marsha McWilson Christmas concert

By Press Release

Press Release:

Batavia Downs Gaming & Hotel has announced that on Friday, December 6, Marsha McWilson will return to Batavia Downs as she performs her yearly Christmas Concert.  

Marsha brings a high energy show that features Christmas Classics and other favorites. She and the other performers have entertained concert goers for many years inside the Park Place Room. Doors are at 6:30 p.m. with music beginning at 7:30 p.m. Tickets are $15 and concert go-ers will receive $10 in Free Play.

Tickets for this event are available at www.BataviaConcerts.com.  The Hotel Deal for this event is live at this time and links can be found on Facebook or  https://www.bataviadownsgaming.com/hotel-deals/.

New number for Batavia Downs Race Office text line

By Tim Bojarski

All connections of horses who will be racing at Batavia Downs this year should note that a new text line has been established to relay vital information regarding draws and racing action for the upcoming meet that will start on Saturday, July 27.

Horsemen and women can sign up for this service by texting bataviadowns at 407-536-9945.

Please note that this number has changed since the start of this service two weeks ago. If you originally subscribed at 732-363-7700, you need to re-subscribe to the new number listed.

By subscribing to this service, you will be notified immediately when there is a need to fill races or if there is any change in schedule. So all are encouraged to do so as soon as possible.

NYSS sophomore pacing fillies at Batavia Downs Saturday

By Tim Bojarski
camerican-photo-by-mikelizzi.jpg
Photo of Camerican by Mike Lizzi.

The New York Sire Stakes will make its first stop of 2024 at Batavia Downs on Saturday (July 27) night when a select group of 3-year-old pacing fillies will line up in two six-horse divisions valued at $58,100 each. This will be the fifth leg of the state series this year for these girls and they should be in prime form for some big efforts.

In the first division, Stepabovetherest (Huntsville-Step Beyond) has only made four starts this year, but one of them was a 1:52.3 win in an Excelsior leg at Tioga Downs while another was her career best, 1:49.4 victory at Vernon Downs in the NYSS, where she won by 1-1/2 lengths. She then missed three weeks before her next start, which was a fourth place finish in the NYSS at Saratoga Raceway. She may have been short with the extra time off and could get back to her regular form here.

Stepabovetherest has drawn post three for trainer Nicholas Devita who has regular driver Braxton Boyd aboard for this race.

A Few Choice Words (Courtly Choice-Top Choice Hanover) was a perfect four-for-four in Excelsior action earlier this year, including her lifetime mark of 1:51.4 at Vernon Downs, before moving up to the NYSS in her last start at Saratoga where she won again in 1:54.1. This week she drew a favorable inside post and looks to get win number six of the year.  

Moving inside for the first time in three weeks, Jim Marohn Jr. will be in the bike again and begins from post two for trainer Blake Macintosh.

Leanne’s Choice (Courtly Choice-Village Madonna) was winless in three NYSS starts before dropping down to Excelsior action where she got her first win of 2024. She bumped back up to the NYSS level in her last start and put in a brilliant effort, finishing third in a 1:53.2 mile at Saratoga. With the pylon position here, She is definitely a player.

Erv Miller has Marcus Miller between the wheels once again from post one.

In the second split, Peace Talks (American Ideal-Triple V Hanover) is the top money earner for this age and gender in the NYSS so far this year with two wins and four second place finishes in six 2024 starts. One of those wins was a 1:50.4 lifetime best win at Tioga Downs in June. Peace Talks, who was the NYSS 2-year-old filly pacing champion, has come back very strong this year and is looking to defend her title. Early indications are she has a very good shot at doing that.

Starting from mid-pack post four, Jim Marohn Jr. will be up behind the filly for the first time this year for trainer Chris Ryder.

Camerican (American Ideal-Camille) comes into this event on a two race win streak that includes a victory in the $90,000 Park MGM filly pace final and a seasonal mark of 1:53.2 at Saratoga. Last year, Camerican was a multiple NYSS winner who finished third in that final along with a third place finish in the Breeders Crown behind winner My Girl EJ. She also took her lifetime mark of 1:50.2 during her first year of racing when she won the International Stallion Stake at the Red Mile. Camerican has already been race timed faster this year in a 1:50.1 mile at Vernon Downs three starts ago where she finished third.

Trainer Ron Burke has assigned Jim Morrill Jr. duty at the lines for this outing and they will start from post six.

The NYSS races will go as races eight and 10. There are also three $20,000 Excelsior races on the card and they are programmed as races five, six and 11.

Post time for the first race on the season opening card at Batavia Downs is 6 p.m.

Graham Corporation awarded $2.1 million to expand welder workforce

By Press Release

Press Release:

Graham Corporation (NYSE: GHM) (“GHM” or “the Company”), a global leader in the design and manufacture of mission critical fluid, power, heat transfer, and vacuum technologies for the defense, space, energy, and process industries, announced today that it has been awarded $2.1 million for the expansion of its welder training programs and related equipment.  

The contract was awarded by BlueForge Alliance, a nonprofit, neutral integrator that supports the U.S. Navy’s Submarine Industrial Base initiatives.

Daniel J. Thoren, President and CEO of GHM, commented, “These are exciting times for our Company as we build out our capabilities and capacity to support America’s defense industry as a part of the U.S. Navy’s Submarine Industrial Base.

These funds will help us develop and grow our welder workforce and provide additional equipment needed to improve the efficiency of our production processes. We are proud to be a strategic supplier for the U.S. Navy’s Submarine Industrial Base.”

Catholic Charities launches annual socks and undergarments drive to support local students in need

By Press Release

Press Release:

Catholic Charities is gearing up for the new school year with its annual Socks and Undergarment Drive to benefit school-age kids and teenagers in grades Pre-K through 12th in need throughout Genesee, Orleans and Wyoming counties.

“Just like notebooks and pencils, growing children also need new socks and underwear for the upcoming school year,” said Kate DiSalvo, tri-county district director, Catholic Charities. “We understand that back to school supplies and clothing can be an added financial burden for many families in our community, which is why this annual drive is so important.”

Donations of new, unopened packages of socks and underwear are being accepted from Aug. 1 – 31 at the following Catholic Charities offices:

  • 25 Liberty St., Suite 7, Batavia
  • 243 South Main St., Business Office Suite, Albion
  • 6470 Route 20A, Perry

All colors and sizes from children to adult are needed. The donated items will be distributed to community members later this summer.

Additional information about Catholic Charities’ services can be found at ccwny.org/services.

Live racing returns to Batavia Downs Saturday

By Tim Bojarski
bd-night-ii.JPG
Photo of Batavia Downs by Howard Owens.

Live harness racing returns to Batavia Downs on Saturday (July 27) as the 2024 summer/fall season gets underway with a full 15-race card that starts at 6 p.m. The season runs through Saturday (Dec. 7) and features a 56-day meet.

The opening night card includes the first visit of the year from the New York Sire Stakes as the 3-year-old pacing fillies will be on hand to compete in two $58,100 divisions. There will also be three Excelsior races going for $20,000 each, bringing the total stake purses available that night to $176,200.

The live schedule changes several times throughout the year. It starts out with a Tuesday, Wednesday, Saturday schedule through August 17. Then it switches to Wednesday, Friday, Saturday through November 23 with the exception of Friday (Sept. 6) which will be dark due to the special Monday (Sept. 2) Labor Day matinee card starting at 1:15 p.m. The final two weeks of the meet cut back to Wednesday, Saturday. Post time for all race days -- with the exception of the Labor Day matinee -- will be at 6 p.m.

Once again, there is a hearty slate of New York Sire Stake action. The state-bred series will be in action on Saturday (July 27-$103,000 3-year-old filly pace), Wednesday (July 31-$103,000 3-year-old colt pace), Wednesday (Aug. 7-$93,000 2-year-old colt pace), Wednesday (Aug. 14-$93,000 2-year-old filly pace), Wednesday (Aug. 21-$93,000 2-year-old colt trot), Saturday (Aug. 24$103,000 3-year-old colt trot and $103,000 3-year-old filly trot) and Wednesday (Aug. 28-$93,000 2-year-old filly trot).

Also on that NYSS double-header 3-year-old colt and filly trotting card on Saturday (Aug. 24) will be the Down’s signature event, the Robert J. Kane Memorial Invitational pace that will go for $100,000 this year. Free Kane Pace T-shirts will be given away on that night.

Don Hoover, Director of Live Racing at Batavia Downs, looks to build on the record wagering that the track realized earlier this year.

“I am looking forward to the upcoming meet, anticipating that the momentum from the highly successful winter meet will continue for the remainder of this year. We set several betting records during our early year meet and hopefully we can keep that going during this session,” said Hoover.

Looking to drive that momentum is Tom Agosti, who recently joined the staff at Batavia Downs as the new race secretary. He will be responsible for putting together the competitive fields that will be featured throughout the year.

Agosti has established a new text line to relay vital information regarding draws and racing information for the upcoming meet. Horsemen and women can sign up for this service by texting bataviadowns to 732.363.7700. Subscribing to this service will be advantageous to all when it comes to filling races or having immediate knowledge of any changes in schedule. All are encouraged to do so as soon as possible.

Bettors will have plenty of opportunities with a wagering menu that includes three Doubles, 10 Exactas, 10 Trifectas, nine Superfectas, two Pick-3’s, two Pick-4’s, one Pick-5 and one Jackpot Super High Five available on every 10-race card.

All the top drivers will be back including last year’s top five leaders Jim Morrill Jr., Kevin Cummings, Dave McNeight III, Kyle Cummings and James McNeight Jr.

Leading trainers Sam Smith, Shawn McDonough, Dave Russo, Tammy Cummings, James Rothfuss and Ryan Swift will also be back along with a host of others.

The clubhouse will be open for all race dates and offer a varied menu. Every Friday and Saturday will feature a buffet while the other race nights have a menu provided by the Center Street Smokehouse. The Railbar will always be open for live racing.

Patrons will also have plenty of promotions to look forward to throughout the year.

On opening night there will be free programs in the grandstand and the Lotta Cash Giveaway, where customers can deposit non-winning tickets wagered on Batavia Downs races for a chance to win two $250 betting vouchers and a Batavia Downs Gaming Play and Stay package that includes one night’s stay at the Batavia Downs Gaming Hotel, $25 in gaming Free Play and a $50 dinner certificate to Fortune’s.

The Play and Stay promotion will also be held every Wednesday during the meet where customers can deposit non-winning tickets wagered on Batavia Downs races for a chance to win a Batavia Downs Gaming Play and Stay package that was previously described.

Also on Wednesday is the Finale Frenzy promotion where you get $25 gaming Free Play when you wager $25 on the last race at Batavia Downs.

And there is also the Early Bird Daily Double, where you receive $10 in gaming Free Play when you wager at least $10 at the same time on the Early Daily Double.

Plus every live racing program includes a $5 gaming Free Play coupon.

All promotions require participants be Players Club members and gaming Free Play is subject to required base points being earned before redemption. Full rules are available in the program and online.

You can watch all the live racing action for free on the Batavia Downs YouTube channel and free, full past performance programs for every live race night will be available on the Batavia Downs website (bataviadownsgaming.com) under the live racing tab.

Batavia Downs announces inaugural Roswell Park Night at the Races October 26

By Press Release

Press Release:

Officials from Batavia Downs Gaming and Hotel announced that Saturday, October 26 will be the first Roswell Park Night at the Races in the Historic Batavia Downs Clubhouse.

The event will begin at 5 p.m. with the live racing meet starting at 6pm. A $50 ticket includes a buffet dinner, $25 in Free Play, and a racing program. In addition, there will be a silent auction with donated items, including various prize baskets, tickets to local sporting and music events alongside autographed sports memorabilia. Proceeds from the evening will support cancer research and patient care initiatives at Roswell Park. Tickets can be purchased at www.bataviaconcerts.com.

A full card of harness racing highlights the evening, beginning at 6 p.m.  Race sponsorship opportunities are available and interested parties can contact Barb O’Rourke at 716-998-2179.

“We know how important the work is that Roswell Park does in our community,” said Henry Wojtaszek, President and CEO of Batavia Downs. “We are honored to host this event that will help raise awareness and provide funds for their mission.”

“Roswell Park is thrilled to be the Live Racing Series Sponsor for the 2024-2025 season at Batavia Downs. Batavia Downs, their board and staff have shown a deep level of commitment by organizing and hosting a variety of events throughout the season where a portion of the proceeds support the incredible work we are doing at Roswell Park. We are immensely grateful,” said Jenn Hickok, Roswell Park’s Director of Corporate and Sports Partnerships.

Batavia Tractor Supply hosts farmers market with arts, crafts, food

By Press Release

Press Release:

On August 4 the Batavia Tractor Supply store will host a Farmers' Market featuring locally-grown, fresh produce, as well as other seasonal products. 

"This is a great opportunity for members of our community to support local farmers while also getting to enjoy deliciously fresh food," said Amber Raab, manager of the Batavia store. "As a company, we believe in fostering community relationships while supporting the rural lifestyle, and this event allows us to do just that."

From noon to 5 p.m., shoppers can stop in for Arts & Crafts, Homemade crafts, Local produce and Food Truck, all produced by neighbors in the Batavia area. 

Participating vendors will have tables set up at the tented space by the storefront where they will showcase their goods. Some of the local vendors participating include:  

  • The Red Osier - On site noon to 5 p.m.
  • The Batavia Fire Department - On site noon to 5 p.m.
  • Batavia Peace Garden - On site noon to 5 p.m.

This event is open to the public and will take place at 4974 E. Main. For more information, please contact the Batavia Tractor Supply at 585-343-0078. 

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