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Home > Company Index > Banking > Banking - Southeast > Resource Bankshares Corporation

Resource Bankshares Corporation
AMEX: RBV
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 PROFILE
Resource Bankshares is the holding company for Resource Bank, a community-based commercial bank with five banking offices in Virginia and a mortgage office in Maryland. Focusing on individuals and local businesses, the bank offers standard retail products such as checking, savings, and money market accounts as well as certificates of deposit and credit cards. Commercial real estate loans represent more than half of the loan portfolio. Other loans include commercial (30%), residential real estate, and consumer loans. The bank's mortgage division originates single-family residential loans and sells them on the secondary market.

 COMPETITION
BB&T Corporation (BBT)
Bank of America Corporation (BAC)
CENIT Bancorp, Inc. (CNIT)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 40.30
1-Yr. Sales Growth: 42.9%
Employees: 206
Revenue per employee: $195,631.07

 KEY PEOPLE
• Lawrence N. Smith
    CEO
• Eleanor J. Whitehurst
    CFO

 CONTACT INFO
3720 Virginia Beach Blvd.
Virginia Beach, VA 23452
US
Phone: 757-463-2265
Fax: 757-431-2441
Online: Web Site

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