| Business Summary | | Tompkins
Trustco,
Inc.
provides
community
banking
services
to
local
market
areas
in
New
York
State
through
its
banking
subsidiaries,
Tompkins
Trust
Company,
The
Bank
of
Castile
and
The
Mahopac
National
Bank.
Banking
services
consist
primarily
of
attracting
deposits
from
the
areas
served
by
its
banking
offices
and
using
those
deposits
to
originate
a
variety
of
commercial
loans,
consumer
loans,
real
estate
loans,
including
commercial
loans
collateralized
by
real
estate,
and
leases,
as
well
as
providing
trust
and
investment-related
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TMP
is
a
bank
holding
company
for
Tompkins
County
Trust
Company,
a
state
chartered
bank
in
Ithaca,
NY.
For
the
six
months
ended
6/30/01,
interest
income
rose
7%
to
$47.7
million.
Net
interest
income
after
loan
loss
prov.
rose
8%
to
$27.3
million.
Net
income
rose
12%
to
$9.6
million.
Net
interest
income
reflects
the
growth
of
earning
assets
while
the
net
interest
margin
was
relatively
unchanged.
Earnings
also
benefitted
from
the
insurance
commissions
and
fees
earned. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| James Byrnes, 59 Chairman,
CEO | $520K | -- | James Fulmer, 49 Pres,
Director | 251K | -- | Francis Fetsko CFO,
Sr. VP | -- | -- | Donald Stewart, 55 Exec.
VP | 195K | $4.6K | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|