| Business Summary | | Vail
Banks,
Inc.
is
a
bank
holding
company
for
WestStar
Bank
(WestStar).
Vail
Banks
provides
a
relatively
broad
range
of
commercial
and
consumer
banking
products
and
services.
These
products
and
services
include
short-term
and
medium-term
loans,
revolving
credit
facilities,
inventory
and
accounts
receivable
financing,
equipment
financing,
short-term
commercial
mortgage
lending
and
mortgage
broker
services,
installment
loans,
home
improvement
loans,
short-term
loans
for
the
purchase
or
refinancing
of
principal
residences
or
second
homes,
personal
banking
through
computer
and
telephone
access,
safe
deposit
box
services
and
various
savings
accounts,
money
market
accounts,
time
certificates
of
deposit
and
checking
accounts,
automated
teller
machines,
depository
services
and
corporate
cash
management
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Vail
Banks,
Inc.
is
a
bank
holding
company
for
WestStar
Bank,
a
state
chartered
bank
with
20
offices
in
the
western
slope
region
of
Colorado.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
13%
to
$22.2
million.
Net
interest
income
after
loan
loss
provision
rose
14%
to
$14
million.
Net
income
rose
7%
to
$2.9
million.
Results
reflect
increased
earning
asset
balances,
partially
offset
by
increased
salaries
and
occupancy
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| E. Chester, Jr., 58 Chairman
of Directors | $250K | Lisa Dillon, 47 Vice
Chairman, Pres | 190K | 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
|
|