| Business Summary | | FNB
Financial
Services
Corporation
is
a
North
Carolina
financial
holding
company,
which
operates
through
its
wholly
owned
subsidiary,
FNB
Southeast,
a
North
Carolina
state
bank.
FNB
Southeast
is
community
oriented
and
focuses
primarily
on
offering
commercial,
real
estate
and
consumer
loans,
as
well
as
deposit
and
other
financial
services
to
individuals,
small
to
medium-sized
businesses
and
other
organizations
in
its
market
areas.
The
Company
emphasizes
its
individualized
services
and
community
involvement,
while
at
the
same
time
providing
its
customers
with
the
financial
sophistication
and
array
of
products
typically
offered
by
larger
banks.
The
Company
had
consolidated
assets
of
$685.9
million,
deposits
of
$569.4
million
and
shareholders'
equity
of
$56.4
million,
each
as
of
December
31,
2000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FNBF
is
a
bank
holding
company
for
the
FNB
Southeast,
which
operates
10
branches
in
North
Carolina.
For
the
three
months
ended
3/31/01,
total
interest
income
rose
19%
to
$14
million.
Net
interest
income
after
loan
loss
provision
rose
9%
to
$5.3
million.
Net
income
remained
flat
at
$1.5
million.
Net
interest
income
reflects
higher
average
interest
earning
assets,
partially
offset
by
a
higher
cost
of
funds.
Net
income
was
partially
offset
by
higher
salaries
and
benefits. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
13,662;
after
tax
earnings
were
1,519. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ernest Sewell, 60 Pres,
CEO, Director | $619K | Elton Trent, Jr., 68 Vice
Chairman | -- | Pressley Ridgill, 48 Exec.
VP, COO | -- | Richard Powell, 49 Sr.
VP, Support Services and Assistant Sec. | 182K | Michael Shelton, 39 VP,
Sec., Treasurer | -- | 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
|
|