| Business Summary | | Premier
Community
Bankshares,
Inc.,
formerly
called
Marathon
Financial
Corporation,
is
a
bank
holding
company
that
owns
all
of
the
outstanding
stock
of
its
two
subsidiaries,
The
Marathon
Bank
(TMB)
and
Rockingham
Heritage
Bank
(RHB).
TMB
and
RHB
conduct
a
general
banking
business
through
their
offices
and
are
engaged
in
the
business
of
offering
banking
services
to
the
general
public.
They
offer
checking
accounts,
savings
and
time
deposits,
and
commercial,
real
estate,
personal,
home
improvement,
automobile
and
other
installment
and
term
loans.
They
also
offer
travelers
checks,
safe
deposit,
collection,
notary
public,
discount
brokerage
service
and
other
customary
bank
services
(other
than
trust
services). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Premier
Community
Bankshares,
Inc.
is
a
bank
holding
company
for
the
Marathon
Bank
and
Rockingham
Heritage
Bank
in
Virginia.
For
the
six
months
ended
6/30/01,
interest
and
dividend
income
rose
15%
to
$10
million.
Net
interest
income
after
provision
for
loan
losses
rose
6%
to
$5.1
million.
Net
income
rose
13%
to
$1.6
million.
Net
interest
income
reflects
an
increase
in
interest
earning
assets,
partially
offset
by
higher
deposits.
Earnings
reflect
higher
service
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| John Stephens, 57 Chairman | $168K | Donald Unger, 58 Pres,
CEO, Director | 140K | 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
|
|