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Home > Company Index > Banking > Banking - Southeast > Admiralty Bancorp, Inc.

Admiralty Bancorp, Inc.
Nasdaq: AAABB
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 PROFILE
Admiralty Bancorp may not sail the seven seas, but most of its commercial loans do have floating rates. Admiralty is the holding company for Admiralty Bank, a Florida state commercial bank and active Small Business Administration lender. The bank provides mostly nonresidential real estate loans (about two-thirds of the portfolio); business loans account for about 20%, with residential mortgage, consumer, and construction loans making up the balance. The bank offers such traditional products as personal and business checking accounts and CDs through about 10 branches in southern and central Florida; it makes loans throughout the state. Joint venture Admiralty Insurance Services offers insurance products.

 COMPETITION
Fidelity Bankshares, Inc. (FFFL)
Pointe Financial Corporation (PNTE)
SunTrust Banks, Inc. (STI)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 17.80
1-Yr. Sales Growth: 97.8%
Employees: 89
Revenue per employee: $200,000.00

 KEY PEOPLE
• Ward Kellogg
    CEO
• Kevin Sacket
    CFO

 CONTACT INFO
4400 PGA Blvd., Ste. 200
Palm Beach Gardens, FL 33410
US
Phone: 561-624-4100
Fax: 561-626-2866
Online: Web Site

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