Twin Harbors Business Briefs


Forum will offer legal advice for nonprofits, charities

The Nonprofit Forum will be holding a special event — designed to offer personalized legal services to local nonprofits — on Tuesday, March 12 at the Hoquiam Timberland Library.

• From 9-10 a.m. there will be a presentation from a volunteer legal adviser that will cover the basics of the law and nonprofits.

• There will be breakout sessions offered from 10 a.m. until noon in half-hour increments with one of several volunteer legal advisers.

There is a limited number spots available to local nonprofits and charitable groups that would like to discuss documents, ask questions or just get general advice from experts in the field.

Please contact Cassie Lentz at (360) 532-1600 or cassie@gh-cf.org to set up a time that works for you. (Remember, space is limited so first come, first served on time availability). Please be able to provide the name of your organization, a point of contact with up-to-date information, and a brief description of what you would like to discuss during your half-hour time slot.

Pettit Oil Company

makes acquisition

Pettit Oil Company has announced the acquisition of the heating oil and commercial fuel and lubricants distribution assets held within PNEC Corporation, which does business as SC Fuels, headquartered in Tacoma. The acquisition also includes PNEC distribution facilities in Bremerton and Everett. The transaction is scheduled to close on Friday. Terms were not disclosed.

According to Pettit Oil President Jim Tener, “This move significantly expands our company’s footprint within Western Washington, especially in the Puget Sound, and Olympic and Kitsap peninsulas.”

One of the largest privately held services companies in Washington state, Pettit Oil Company operates distribution facilities in Everett, Lakewood, Hoquiam, Forks, Port Angeles, Port Townsend and Bremerton. The company supplies fuels and lubricants to a variety of customers within the marine, commercial, industrial, automotive, retail and heating oil categories.

Timberland Bancorp chief part of panel in S.F.

Michael R. Sand, president and CEO of Timberland Bancorp participated in a “Pacific Northwest Banks” panel at the FIG Partners West Coast Bank CEO Conference on Thursday at the Intercontinental Hotel in San Francisco.

Last month, Timberland reported fiscal first-quarter net income grew to $1.71 million for the quarter ended Dec. 31, 2012.

“I was pleased to share our financial story with investors at this conference following our solid first fiscal quarter results, including continued loan growth, sustained mortgage banking activity and a stable net interest margin,” stated Sand.

Anchor reports

2nd-quarter earnings

Anchor Bancorp (Nasdaq:ANCB), the holding company for Anchor Bank, today reported second-quarter earnings for the fiscal year ending June 30. For the quarter ended Dec. 31, 2012, the company reported net income of $225,000 or $.09 per diluted share, compared to a net income of $93,000 or $.04 per diluted share for the same period last year.

“Our results continue to improve due to our continued improvement in credit quality and the reduced provision during the quarter. Our total non-interest expense decreased $854,000 during the current quarter as compared to the quarter ended Dec. 31, 2011, which reflects the decline in real estate owned impairment as well as technology expenses. … Higher liquidity will enable us to take advantage of lending and other opportunities when the economy recovers and interest rates rise,” stated Jerald L. Shaw, president and CEO.

Steve Heywood opens Grays Harbor Counseling

Grays Harbor native Steve Heywood has opened Grays Harbor Counseling at 110 West Market St., suite 208, in Aberdeen.

Grays Harbor Counseling provides adult, child, adolescent and family mental health counseling services for individuals at all income levels and for those without insurance. Heywood offers counseling regardless of religion, ethnicity, or sexual orientation. He works with a wide range of emotional and behavioral issues, providing services that span from therapy for depression and grief counseling to parenting support.

Heywood began his undergraduate education at Grays Harbor College, where he earned an associate’s degree. He received is bachelor’s from The Evergreen State College and then attended graduate school at Saint Martin University, where he received his master’s degree in counseling psychology.

Hours for the practice, which opened in November, 10 a.m. until 6 p.m. Monday through Thursday, 9 a.m. to 5 p.m. on Fridays and by appointment only on Saturday, though hours can be flexible due to need of the client.

The phone number for Grays Harbor Counseling is (360) 589-0567; email: info@graysharborcounseling.com and the website is www.graysharborcounseling.com