| Business Summary | | MetroBanCorp
is
the
holding
company
for
MetroBank
(the
Bank),
which
offers
a
broad
range
of
commercial
and
consumer
lending
and
deposit
services
to
its
customers
located
principally
in
Hamilton
County
and
Northern
Marion
County,
Indiana.
The
Bank
conducts
its
business
through
eight
banking
offices
located
in
Hamilton
County.
The
Bank's
products
are
principally
oriented
toward
small
and
medium-sized
business
and
the
professional
community.
As
of
December
31,
2000,
the
Company
had
consolidated
total
assets
of
$168.3
million,
total
deposits
of
$139
million
and
shareholders'
equity
of
$14
million,
representing
annual
increases
from
1999
of
19.2%,
17.7%
and
5.7%,
respectively. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MetroBanCorp
is
a
bank
holding
company
for
MetroBank,
an
Indiana-chartered
commercial
bank.
For
the
three
months
ended
3/31/01,
total
interest
income
rose
18%
to
$3.2
million.
Net
interest
income
after
loan
loss
provision
rose
5%
to
$1.7
million.
Net
income
rose
5%
to
$339
thousand.
Net
interest
income
reflects
growth
in
the
loans
portfolio,
partially
offset
by
a
higher
cost
of
funds.
Earnings
reflect
increased
service
charges
on
deposit
accounts. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Donald Walter, 69 Chairman | -- | Ike Batalis, 54 Pres
and CEO | $204K | Charles Turean, 48 CFO,
Exec. VP, Sec. | 134K | Andrew Illyes, 52 Exec.
VP and Sr. Loan Officer of the Bank | -- | Gregory Murray, 51 Exec.
VP - Commercial Lending of the Bank | 124K | 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
|
|