| Business Summary | | Central
Coast
Bancorp,
located
in
Salinas,
California,
is
the
bank
holding
company
for
Community
Bank
of
Central
California
(the
Bank).
The
Bank
offers
a
full
range
of
commercial
banking
services,
including
the
acceptance
of
demand,
savings
and
time
deposits,
and
the
making
of
commercial,
real
estate
(including
residential
mortgage),
Small
Business
Administration,
personal,
home
improvement,
automobile
and
other
installment
and
term
loans.
The
Bank
also
offers
personal
and
business
Visa
credit
cards,
as
well
as
automated
teller
machine
(ATM)
and
Visa
debit
cards,
travelers'
checks,
safe
deposit
boxes,
notary
public,
customer
courier
and
other
customary
bank
services.
At
year-end
2000,
the
Bank
operated
through
its
main
office
in
Salinas,
and
through
nine
branch
offices
located
in
Castroville,
Hollister,
Gonzales,
King
City,
Marina,
Monterey,
Salinas,
Seaside
and
Watsonville,
California. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Central
Coast
Bancorp
is
a
bank
holding
company
for
the
Community
Bank
of
Central
California.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
9%
to
$26.4
million.
Net
interest
income
after
loan
loss
prov.
rose
14%
to
$16.4
million.
Net
income
rose
18%
to
$5.1
million.
Net
interest
income
reflects
higher
interest
earning
asset
balances
and
decreased
loan
losses
provision
expenses.
Net
income
reflects
increased
service
charges
on
deposits
and
fees
for
other
services. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Nick Ventimiglia, 59 Pres,
CEO, Chairman | $431K | Robert Stanberry, 61 CFO,
Sr. VP | 189K | John McCarthy, 58 COO,
Exec. VP, Sec. | -- | Robert Blatter, 40 Sr.
VP | 171K | 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
|
|