| Business Summary | | Greater
Community
Bancorp
is
a
bank
holding
company
whose
only
substantive
business
activity
is
the
ownership
and
operation
of
its
subsidiary
banks,
Great
Falls
Bank
(GFB),
Bergen
Commercial
Bank
(BCB)
and
Rock
Community
Bank
(RCB),
and
its
five
non-bank
subsidiaries.
The
Company,
through
its
subsidiary
banks,
offers
a
range
of
lending,
depository
and
related
financial
services
to
individual
consumers,
business
and
governmental
units.
The
Company
has
14
full-service
offices
located
in
Bergen
and
Passaic
Counties,
New
Jersey. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GFLS
is
a
bank
holding
company
for
Great
Falls
Bank,
Bergen
Commercial
Bank
and
Rock
Community
Bank,
state
banks
with
14
offices
in
NJ.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
6%
to
$21.6
million.
Net
interest
income
after
loan
loss
provision
rose
7%
to
$10.3
million.
Net
income
rose
21%
to
$2.7
million.
Results
reflect
increased
earning
asset
balances,
a
lower
provision
for
loan
losses
and
the
benefits
of
cost
containment
efforts. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| John Soldoveri, 76 Chairman | $43K | $4.7K | George Irwin, 57 Pres,
CEO, Director | 306K | 5.0K | Anthony Bruno, Jr., 46 Vice
Chairman of Directors | -- | -- | Naqi Naqvi, 44 CFO,
Treasurer | -- | -- | C.Mark Campbell, 50 Exec.
VP | 229K | -- | 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
|
|