| Business Summary | | Thistle
Group
Holdings
Co.
is
a
unitary
thrift
holding
company
that
conducts
its
business
principally
through
Roxborough
Manayunk
Bank.
The
Company
provides
banking
services
through
its
11
branch
offices
located
in
the
Pennsylvania
counties
of
Philadelphia,
Chester
and
Delaware
and
Wilmington,
Delaware.
The
Company
also
provides
banking
service
through
its
transactional
Website,
RMBgo.com.
The
Company
offers
a
variety
of
loans,
accepts
time
and
savings
deposits,
and
invests
in
federal
and
mortgage-backed
securities.
The
Company's
subsidiaries
include
TGH
Securities,
TGH
Corp.,
Ridge
Service
Corp.,
Montgomery
Service
Corp.
and
Roxdel
Corp. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | THTL
is
a
bank
holding
company
for
the
Roxborough
Manayunk
Bank,
a
federally
chartered
stock
savings
bank.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
17%
to
$22.9
million.
Net
interest
income
after
LLP
rose
13%
to
$8.5
million.
Net
income
fell
26%
to
$2.1
million.
Net
interest
income
reflects
higher
interest-earning
assets,
partially
offset
by
higher
interest-bearing
liabilities
and
reduced
interest
margins.
Earnings
were
offset
by
increased
salary
and
occupancy
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John McGill, Jr., 39 Chairman,
CEO | $362K | Jerry Naessens, 65 CFO,
Exec. VP, Director, Pres of the Bank | 395K | Douglas Moore, 40 Sr.
VP-Fin. and Operations, COO of the Bank | 150K | 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
|
|