| Business Summary | | WesBanco,
Inc.
is
a
bank
holding
company
that
offers
a
full
range
of
financial
services,
including
retail
banking,
corporate
banking,
personal
and
corporate
trust
services,
brokerage,
mortgage
banking
and
insurance.
The
Company's
primary
business
function
is
the
operation
of
WesBanco
Bank,
Inc.,
a
commercial
bank,
through
60
offices
located
in
West
Virginia
and
eastern
Ohio.
WesBanco
restructured
its
banking
and
mortgage
operations
on
January
14,
2000,
merging
all
of
its
banking
subsidiaries
and
its
mortgage
subsidiary
into
one
state
member
banking
corporation,
WesBanco
Bank,
Inc.,
headquartered
in
Wheeling,
with
regional
administrative
offices
in
Fairmont,
Parkersburg
and
Charleston,
West
Virginia.
The
Company
previously
maintained
four
separate
banking
subsidiaries.
Total
assets
of
WesBanco
Bank,
Inc.
as
of
December
31,
2000,
approximated
$2.3
billion. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | WesBanco,
Inc.,
after
a
merger
of
all
of
its
subsidiaries,
is
the
holding
company
for
WesBanco
Bank,
Inc.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
3%
to
$82.2
million.
Net
interest
income
after
loan
loss
prov.
rose
less
than
1%
to
$40.6
million.
Net
income
rose
8%
to
$14.7
million.
Net
interest
income
reflects
higher
average
earning
assets,
partially
offset
by
higher
interest
costs.
Earnings
reflect
increased
trust
fees
and
service
charges
on
deposits. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| James Gardill, 53 Chairman | -- | Paul Limbert, 53 Pres,
CEO | $228K | Edward George, Jr., 63 Vice
Chairman | 346K | Robert Martin, 66 Vice
Chairman | -- | William Mildren, Jr., 55 Vice
Chairman | 191K | Dollar amounts are as of 31-Dec-1999 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
|
|