| Business Summary | | Fulton
Bancshares
Corporation,
incorporated
in
1989,
is
a
bank
holding
company.
The
Company
has
been
primarily
engaged
in
managing
and
supervising
the
Fulton
County
National
Bank
and
Trust
Company
and
Fulton
County
Community
Development
Corporation.
FCCDC
was
formed
to
support
efforts
of
the
local
downtown
business
revitalization
project
by
making
low
interest
loans
to
eligible
small
businesses
for
the
purpose
of
facade
improvement.
The
Bank
engages
in
a
full-service
commercial
and
consumer
banking
business,
including
the
acceptance
of
time
and
demand
deposits
and
the
making
of
secured
and
unsecured
commercial
and
consumer
loans,
and
offering
trust
services.
The
Bank's
primary
service
area
is
located
in
Fulton
County,
Pennsylvania. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Fulton
Bancshares
Corporation
is
the
holding
company
for
Fulton
County
National
Bank
and
Trust
Company.
The
Bank
is
a
full-service
commercial
and
consumer
bank.
For
the
six
months
ended
6/30/01,
interest
income
rose
5%
to
$5.1
million.
Net
interest
income
after
LLP
fell
4%
to
$2.3
million.
Net
income
fell
7%
to
$675
thousand.
Net
interest
income
reflects
higher
average
loan
balances,
offset
by
lower
interest
margins.
Net
income
also
reflects
higher
salaries
and
benefits. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Robert Snyder Chairman | -- | Clyde Bookheimer Pres,
CEO, Director | $179K | Cecil Mellott Vice
Chairman | -- | Ellis Yingling Vice
Chairman | -- | Dollar amounts are as of 31-Dec-1999 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
|
|