| Business Summary | | Croghan
Bancshares,
Inc.
is
a
holding
company
for
The
Croghan
Colonial
Bank
(the
Bank).
Substantially
all
of
the
Company's
operations
are
conducted
through
the
Bank,
its
only
subsidiary.
The
Bank
operates
eight
Ohio
branch
offices
comprised
of
two
in
Bellevue,
one
in
Clyde,
three
in
Fremont,
one
in
Green
Springs
and
one
in
Monroeville.
The
Bank
conducts
a
general
banking
business
embracing
the
usual
functions
of
commercial,
retail
and
savings
banking
including
time,
savings,
money
market
and
demand
deposits,
commercial,
industrial,
agricultural,
real
estate,
consumer
installment
and
credit
card
lending,
safe
deposit
box
rental,
automatic
teller
machines,
trust
department
services
and
other
services
tailored
for
individual
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CHBH
is
a
bank
holding
company
for
The
Croghan
Colonial
Bank.
For
the
three
months
ended
3/31/01,
total
interest
income
increased
7%
to
$6.5
million.
Net
interest
income
after
loan
loss
provision
remained
flat
at
$3.5
million.
Net
income
remained
flat
at
$843
thousand.
Net
interest
income
reflects
higher
average
interest
earning
assets,
partially
offset
by
a
higher
loan
loss
provision.
Net
income
also
reflects
a
reduction
in
fees
generated
by
the
Invest
Department. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Thomas Hite, 61 Pres
and CEO of the Corp. and the Bank | $179K | Allan Mehlow, 45 VP,
COO, Director | -- | Joseph Berger, 38 Vice-Pres/Chief
Financial Officer of the Bank | -- | James Draeger, 60 VP
of the Bank | -- | William Hensley, 57 VP/CLO
of the Bank | -- | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|