| Business Summary | | Centennial
First
Financial
Services
is
the
holding
company
for
its
wholly
owned
subsidiary,
Redlands
Centennial
Bank.
Centennial
First
concentrates
its
lending
activities
in
real
estate,
commercial
and
consumer
loans,
made
almost
exclusively
to
individuals
and
businesses
primarily
in
Southern
California.
Centennial
First
also
offers
customary
banking
services,
including
personal
and
business
checking,
savings
accounts,
time
certificates
of
deposit,
IRA
and
Keogh
accounts.
Redlands
Centennial
Bank,
an
independent
California-chartered
commercial
bank
provides
banking
services
to
individuals
and
business
customers
in
Redlands,
Brea
and
surrounding
communities,
as
well
as
Small
Business
Administration
loans
to
customers
in
San
Bernardino,
Los
Angeles
and
Orange
counties.
Redlands
Centennial
Bank
offers
its
customers
a
wide
variety
of
personal,
consumer
and
commercial
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CFFX
is
the
holding
co.
for
Redlands
Centennial
which
provides
a
wide
range
of
commercial
banking
services,
for
small
and
medium-sized
businesses.
For
the
six
months
ended
6/01,
interest
income
rose
19%
to
$4.4
million.
Net
interest
income
after
loan
loss
prov.
rose
51%
to
$3.2
million.
Net
income
rose
6%
to
$418
thousand.
Net
interest
income
reflects
increased
earning
assets,
along
with
a
lower
loss
provision.
Earnings
were
partially
offset
by
increased
salaries
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Patrick Meyer, 49 Chairman | -- | -- | Douglas Spencer, 42 Pres,
CEO, Director | $187K | -- | Bruce Bartells, 56 Vice
Chairman | -- | -- | Beth Sanders, 49 Exec.
VP, CFO | 104K | $75K | Timothy Walbridge, 51 Exec.
VP and CLO | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|