| Business Summary | | First
Leesport
Bancorp,
Inc.
is
a
bank
holding
company
that
offers
a
wide
array
of
financial
services
through
its
wholly
owned
subsidiaries,
First
Leesport
Capital
Trust
I
and
Leesport
Bank
(the
Bank),
and
the
Bank's
wholly
owned
subsidiaries,
Essick
&
Barr,
Inc.
(Essick
&
Barr),
First
Leesport
Investment
Group
(FLIG),
First
Leesport
Wealth
Management
(FLWM)
and
Horizon
Realty
Solutions
(Horizon
Realty).
The
Bank
provides
full
banking
services.
Essick
&
Barr
provides
risk
management
services
and
personal
and
commercial
insurance
coverage
through
several
insurance
companies.
FLIG
and
FLWM
provide
investment
advisory
and
brokerage
services.
Horizon
Realty
is
a
real
estate
title
insurance
joint
venture
that
provides
title
insurance
and
related
services
to
Leesport
Bank
customers
through
a
limited
partnership.
First
Leesport
Capital
Trust
I
is
the
trust
formed
for
the
purpose
of
issuing
the
mandatory
redeemable
debentures
on
behalf
of
the
Company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | First
Leesport
Bancorp
is
the
bank
holding
company
for
First
Leesport
Capital
Trust
I
and
Leesport
Bank.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
12%
to
$14.7
million.
Net
interest
income
after
loan
loss
provision
rose
5%
to
$5.3
million.
Net
income
fell
10%
to
$1.1
million.
Results
reflect
increased
earning
asset
balances
due
to
growth
of
the
loan
portfolio,
offset
by
reduced
commissions
earned
on
insurance
sales
and
increased
salaries
and
benefits. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Raymond Melcher, Jr., 49 Chairman,
Pres, and CEO of the Company and the Bank | $220K | Stephen Murray CFO,
Sr. VP | -- | James Kirkpatrick, 39 Sr.
VP of Commercial Banking | -- | M. Jane Lauser, 56 Sr.
VP- Operations and Information Systems | -- | Keith Philiips, 44 VP,
Commercial Banking Division | -- | 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
|
|