| Business Summary | | CCBT
Financial
Companies,
Inc.
is
a
bank
holding
company
that
conducts
its
business
activities
primarily
through
the
Cape
Cod
Bank
and
Trust
Company.
The
Bank
provides
loan,
deposit,
trust
and
investment
services
and
insurance
products
to
businesses
and
consumers
primarily
located
in
southeastern
Massachusetts.
Banking
services
for
individuals
include
checking
accounts,
regular
savings
accounts,
NOW
accounts,
money
market
deposit
accounts,
certificates
of
deposit,
club
accounts,
mortgage
loans,
consumer
loans,
safe
deposit
services,
trust
services,
discount
brokerage
and
investment
services
and
insurance
services.
The
Bank
invests
in
various
securities,
such
as
fixed-rate
collateralized
mortgage
obligations,
mortgage
backed
securities
and
other
debt
securities.
It
also
invests
in
Treasury
bills
and
other
floating
rate
instruments. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CCBT
Financial
Companies
is
a
commercial
bank
which
operates
25
offices
located
in
Barnstable
County,
MA.
For
the
six
months
ended
6/30/01,
total
interest
income
increased
15%
to
$51.3
million.
Net
interest
income
after
loan
loss
prov.
rose
13%
to
$25.7
million.
Net
income
rose
9%
to
$9.2
million.
Results
reflect
higher
average
mortgage
and
home
equity
loan
balances,
partially
offset
by
decreased
net
interest
margin
and
the
expenses
for
two
new
branch
offices. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Drew, 51 Chairman
of the Bank and the Company | -- | Stephen Lawson, 59 Pres,
CEO of the Company and the Bank | $418K | Noal Reid, 56 CFO
and Treasurer | 454K | Robert Boon, 59 Exec.
VP | 178K | Robert Prall, 57 Exec.
VP | 194K | 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
|
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