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  September 5, 2001
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Home > Company Index > Banking > Banking - Mid-Atlantic > BOE Financial Services of Virginia, Inc.

BOE Financial Services of Virginia, Inc.
Nasdaq (SC): BSXT
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 PROFILE
BOE Financial Services of Virginia owns Bank of Essex, founded in 1926. The community bank operates half a dozen branches in the Tidewater counties northeast of Richmond, Virginia. Targeting individuals and local business customers wary of national banking institutions and their not-quite-human touch, the bank offers such standard retail deposits as checking and savings accounts, money market accounts, and certificates of deposit. Lending activities consist primarily of residential real estate loans (more than 65%% of the bank's loan portfolio); to a lesser extent, Bank of Essex writes commercial, consumer, and construction loans. Essex Services, a subsidiary of the bank, writes title insurance.

 COMPETITION
C&F Financial Corporation (CFFI)
Eastern Virginia Bankshares, Inc. (EVBS)
Union Bankshares Corporation (UBSH)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 15.30
1-Yr. Sales Growth: 24.0%
Employees: 69
Revenue per employee: $221,739.13

 KEY PEOPLE
• George M. Longest
    CEO
• Bruce E. Thomas
    CFO

 CONTACT INFO
323 Prince St.
Tappahannock, VA 22560
US
Phone: 804-443-4343
Fax: 804-443-9472
Online: Web Site

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