BUSINESS BRIEFS: Quick hits from the region and beyond

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MUNSTER

Bancorp announces revised 2007 earnings

NorthWest Indiana Bancorp, holding company for Peoples Bank, says net income for the fourth quarter and the year ended Dec. 31, 2007, is being revised downward by $35,000, or $0.01 per share.

The adjustment, according to a company press release, is a result of recently received updated appraisals for a previously reported impaired commercial real estate participation loan and an impaired letter of credit related to a commercial real estate project.

Net income for 2007 is being revised to $5.6 million, or $1.99 earnings per basic earnings per share and $2.30 diluted earnings per share. As a result of the change in net income for 2007, the return on average assets was 0.91 percent and return on average equity was 10.78 percent.

GARY

Chamber seeks summer job opportunities

The Gary Chamber of Commerce is seeking job opportunity for high school and college students for summer positions. The chamber is looking to give hands-on experience to younger workers to prepare them for future employment.

Businesses in need of summer help can call the chamber at (219) 885-7407 and identify the type of job, salary and type of employee sought. For more information, contact Chuck Hughes, chamber executive director, at chughes@garychamber.com or (219) 885-7407.

INDIANAPOLIS

State chamber hosts annual HR program

The latest information on employment regulations and laws and workplace trends will highlight the Indiana Chamber of Commerce's 44th Annual Human Resources Conference & Expo May 6 and 7 at the Marriott East.

The conference will feature four education tracks, including benefits/compensation, HR policy compliance, management and motivation, and wellness.

Cost per person for both days of the conference is $199, and for one day is $129. An organization sending three employees to the full program can receive a fourth registration at no charge. Admission to the expo only is $49.

To register, visit www.indianachamber.com or call (317) 264-6885 or (800) 824-6885.

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