PROFILE |
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LSB Corporation owns Lawrence Savings Bank, which operates about half a dozen branches in northeastern Massachusetts and southern New Hampshire. Founded in 1868, the bank targets individuals and regional business customers, offering such standard retail services as checking and savings accounts, NOW and money market accounts, CDs, and IRAs. Lending activities consist mostly of commercial real estate loans and residential mortgage loans (about 40% and 35% of its loan portfolio, respectively) . The bank also provides home equity, commercial, and consumer loans. Bank subsidiary Shawsheen Security deals in securities; two other subsidiaries, Pemberton Corporation and Spruce Wood Realty Trust, hold real estate.
COMPETITION |
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Andover Bancorp, Inc. (ANDB)
First Essex Bancorp, Inc. (FESX)
Ipswich Bancshares, Inc. (IPSW)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 30.20
1-Yr. Sales Growth: 12.3%
Employees: 100
Revenue per employee: $302,000.00
KEY PEOPLE |
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Paul A. Miller
CEO
John E. Sharland
CFO
CONTACT INFO |
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30 Massachusetts Ave.
North Andover, MA 01845
US
Phone: 978-725-7500
Fax: 978-725-7607
Online: Web Site
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