| Business Summary | | Bridge
Bancorp,
Inc.
is
the
holding
company
of
The
Bridgehampton
National
Bank
(the
Bank),
which
is
a
New
York
bank
established
in
1910.
The
Bank,
a
community-oriented
financial
institution,
is
engaged
in
full
service
commercial
and
consumer
banking
and
limited
trust
business,
including
accepting
time
and
demand
deposits
from
the
areas
surrounding
its
branch
offices.
These
deposits,
together
with
funds
generated
from
operations
and
borrowings,
are
invested
primarily
in
commercial
real
estate
loans,
secured
and
unsecured
commercial
and
consumer
loans,
including
auto,
personal,
home
equity,
home
improvement,
residential
mortgage,
commercial
construction
and
S.B.A.
guaranteed
loans.
In
addition,
the
Bank
offers
merchant
credit
and
debit
card
processing,
wealth
management
services,
automated
teller
machines,
cash
management
services,
safe
deposit
boxes
and
individual
retirement
accounts. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Bridge
Bancorp,
Inc.
is
a
registered
bank
holding
company
whose
subsidiary
is
The
Bridgehampton
National
Bank.
For
the
six
months
ended
6/30/01,
interest
income
rose
16%
to
$13.6
million.
Net
interest
income
after
loan
loss
prov.
rose
12%
to
$8.9
million.
Net
income
rose
27%
to
$3.1
million.
Net
interest
income
reflects
increased
earning
assets,
partially
offset
by
increased
interest
expenses.
Net
income
reflects
increased
deposits
and
fees
on
deposit
accounts. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Raymond Wesnofske, 63 Chairman | -- | Thomas Tobin, 56 Pres,
CEO, Director | $435K | L. Strickland, 68 Vice
Chairman | -- | Christopher Becker, 35 Exec.
VP, Treasurer | 231K | Janet Verneuille, 40 Sr.
VP, Sec. | 142K | 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
|
|