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  September 5, 2001
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Home > Company Index > Banking > Banking - Southeast > LSB Bancshares, Inc.

LSB Bancshares, Inc.
Nasdaq: LXBK
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 PROFILE
LSB Bancshares is the bank holding company for Lexington State Bank, which has about 20 offices in cities throughout north-central North Carolina. The bank offers commercial banking (corporate cash management, discount brokerage, IRA plans, secured and unsecured loans), savings, and trust services (estate planning and administration, personal investment accounts, and pension and profit sharing). It primarily originates real estate mortgages, which make up about 55% of its portfolio; commercial, financial, and agricultural loans account for about 30%. Its non-banking subsidiaries make consumer loans and offer a variety of investment products.

 COMPETITION
BB&T Corporation (BBT)
First Union Corporation (FTU)
National Commerce Financial Corporation (NCF)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 69.00
1-Yr. Sales Growth: 15.8%
Employees: 352
Revenue per employee: $196,022.73

 KEY PEOPLE
• Robert F. Lowe
    CEO
• Monty J. Oliver
    CFO

 CONTACT INFO
1 LSB Plaza
Lexington, NC 27292
US
Phone: 336-248-6500
Fax: 336-242-6415
Online: Web Site

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