| Business Summary | | BSB
Bancorp,
Inc.
is
the
bank
holding
company
for
BSB
Bank
&
Trust
Company
(the
Bank).
Over
the
past
decade,
BSB
Bank
&
Trust
has
grown
from
a
traditional
thrift
institution
to
a
diversified
financial
service
organization
providing
a
broad
range
of
deposit
and
loan
products
to
area
businesses
and
consumers.
The
Bank
is
a
major
provider
of
banking
services
to
consumers
and
the
business
community,
as
well
as
offering
banking
services
to
school
districts
and
cooperative
education
centers,
cities,
towns,
villages
and
numerous
municipal
agencies.
It
is
also
active
in
indirect
automobile
financing.
The
Bank
serves
its
customers
from
22
full-service
banking
offices
with
branch-based
and
off-premise
automatic
teller
machines.
The
Bank
also
serves
its
customers
at
proprietary
banking
service
locations
situated
in
a
large
area
supermarket
chain. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BSB
Bancorp,
Inc.
is
a
bank
holding
company
for
BSB
Bank
and
Trust
Company,
a
state
chartered
bank
with
22
branches
in
New
York
State.
For
the
six
months
ended
6/01,
total
interest
income
fell
6%
to
$89
million.
Net
interest
income
after
loan
loss
prov.
fell
11%
to
$32.5
million.
Net
income
fell
14%
to
$10.4
million.
Net
interest
income
reflects
decreased
interest
on
loans,
along
with
smaller
spreads.
Earnings
suffered
from
decreased
credit
card
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Craine, 52 Chairman | -- | Howard Sharp, 54 Pres,
CEO, Director | $35K | Rexford Decker, 48 CFO,
Sr. VP | 119K | John Driscoll, 60 Exec.
VP, Treasurer, Director | 162K | Arthur Smith, 54 Exec.
VP and Exec. VP, Retail Banking Officer of the Bank | 139K | 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
|
|