| Business Summary | | West
Coast
Bancorp
is
a
registered
bank
holding
company
for
its
primary
subsidiary,
which
is
the
Sunwest
Bank
(Sunwest).
Sunwest
offers
a
wide
range
of
deposit
instruments.
These
include
personal
and
business
checking
and
savings
accounts,
including
interest-bearing
negotiable
order
of
withdrawal
(NOW)
accounts,
Super
NOW
accounts
and
money
market
accounts,
time
deposits
and
individual
retirement
accounts.
Sunwest
also
engages
in
a
full
complement
of
lending
activities,
including
commercial,
consumer
installment
and
real
estate
loans.
Sunwest
also
offers
a
wide
range
of
specialized
services
designed
to
attract
and
service
the
needs
of
commercial
customers
and
account
holders. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | WCBC
is
state-chartered
holding
company
for
Sunwest
Bank,
which
provides
banking
services
in
Orange
County,
CA.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
less
than
1%
to
$8.3
million.
Net
interest
income
after
loan
loss
prov.
rose
less
than
1%
to
$6
million.
Net
income
fell
21%
to
$604
thousand.
Net
interest
income
reflects
increased
interest
earning
assets,
and
lower
interest
paid
on
borrowings.
Earnings
reflect
higher
salaries
and
benefits
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Eric Hovde, 36 Chairman
of the Company & Sunwest Bank and Pres & CEO of the C | $8.0K | James LeSieur, III, 58 Director
of the Company and Pres, CEO of Sunwest Bank | 209.0K | Frank Smith, 49 Exec.
VP, CFO, Sec. of the Company & Sunwest Bank & Treas. of Sunwest B | 150.0K | Dollar
amounts are as of 31-Dec-1999 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
|
|