| Business Summary | | Independence
Bank
is
engaged
in
attracting
deposits
and
using
such
deposits,
together
with
funds,
to
make
commercial
loans
and
residential
mortgage
loans. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Independence
Bank
in
Kernersville,
NC
is
engaged
in
attracting
deposits
and
using
such
deposits,
together
with
funds
to
make
commercial
loans
and
residential
mortgage
loans.
For
the
three
months
ended
3/31/00,
interest
income
rose
69%
to
$868
thousand.
Net
interest
income
after
loan
loss
prov.
rose
35%
to
$376
thousand.
Net
income
totalled
$2
thousand,
vs
a
loss
of
$38
thousand.
Results
reflect
increase
in
interest
earning
assets,
particularly
loan
portfolios. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Kenneth Flynt | Pres,
CEO | Robert Jurek | Sr.
VP, CFO | Patricia Strickland | Sr.
VP, COO | David Neugent | Sr.
VP, CLO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|