| Business Summary | | Humboldt
Bancorp
is
a
multi-bank
holding
company
with
three
bank
subsidiaries,
Humboldt
Bank,
Capitol
Valley
Bank,
and
Capitol
Thrift
&
Loan.
Humboldt's
primary
market
area
consists
of
Humboldt,
Trinity
and
Mendocino
counties
and
nearby
communities
of
adjacent
counties.
Humboldt
concentrates
its
lending
activities
in
real
estate,
commercial,
lease
financing,
credit
card
and
consumer
loans,
made
almost
exclusively
to
individuals
and
businesses
primarily
in
Northern
California.
Humboldt
offers
customary
banking
services
including
personal
and
business
checking,
savings
accounts,
time
certificates
of
deposit,
IRA,
and
Keogh
accounts. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Humboldt
Bancorp
is
a
multi-bank
holding
company
with
three
state-licensed
bank
subsidiaries
and
a
leasing
corporation.
For
the
six
months
ended
6/30/01,
interest
income
rose
26%
to
$33.4
million.
Net
interest
income
after
loan
loss
prov.
rose
16%
to
$16.6
million.
Net
income
from
continuing
operations
fell
18%
to
$3
million.
Net
interest
income
reflects
the
acquisition
of
Tehama
Bancorp,
partially
offset
by
lower
net
interest
margin.
Lower
income
reflects
a
$3.5
million
merger
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Lawrence Francesconi, 69 Chairman | -- | -- | Theodore Mason, 58 Pres,
CEO, Director | $571K | $175K | Patrick Rusnak, 37 CFO | -- | -- | Paul Ziegler, 42 Exec.
VP, CAO | 174K | -- | Ronald Barkley, 64 Sr.
VP and CCO | 228K | 49K | 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
|
|