| Business Summary | | Oswego
County
Bancorp,
Inc.
provides
traditional
community
banking
services
for
individuals
and
small
to
medium-sized
businesses
through
its
wholly
owned
subsidiary,
Oswego
County
Savings
Bank
(the
Bank).
The
Bank
has
five
branches
in
Oswego
and
Onondaga
counties
of
New
York
State.
The
majority
of
loans
and
deposits
held
by
the
Bank
are
generated
within
Oswego
and
northern
Onondaga
counties.
At
December
31,
2000,
the
Company's
total
loans
amounted
to
$87.1
million.
At
the
same
date,
net
of
the
$1.1
million
allowance
for
loan
losses,
loans
were
$86.0
million,
representing
63.0%
of
total
assets.
The
Company
offers
several
types
of
loans:
single-family
residential,
home
equity,
commercial
real
estate,
commercial
business
and
consumer.
Commercial
loans
totaled
$7.7
million
and
consumer
loans
totaled
$4.7
million. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Oswego
County
Bancorp
is
a
bank
holding
company
for
Oswego
County
Savings,
a
New
York
chartered
mutual
savings
bank.
For
the
six
months
ended
6/30/01,
interest
income
rose
13%
to
$4.9
million.
Net
interest
income
after
loan
loss
prov.
rose
1%
to
$2.5
million.
Net
income
totalled
$514
thousand,
up
from
$226
thousand.
Net
interest
income
reflects
higher
average
earning
assets,
partially
offset
by
higher
interest
on
deposits.
Earnings
reflect
increased
service
charges
earned. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Paul Schneible, 52 Chairman | -- | Gregory Kreis, 54 Pres,
CEO | $224K | Eugene Sundershaft Sr.
VP, Treasurer | -- | Gregory May Sr. VP, Retail Sales | -- | Judith Percy Sr.
VP - Operations | -- | 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
|
|