| Business Summary | | Parkvale
Financial
Corporation
(PFC)
is
a
unitary
savings
and
loan
holding
company.
Its
subsidiary,
Parkvale
Savings
Bank,
is
a
Pennsylvania-chartered
permanent
reserve
fund
stock
savings
bank
headquartered
in
Monroeville,
Pennsylvania.
PFC
is
also
involved
in
lending
in
the
greater
Washington,
D.C.;
Columbus
and
Cincinnati,
Ohio
areas
through
its
wholly
owned
subsidiary,
Parkvale
Mortgage
Corporation
(PMC).
The
primary
assets
of
PFC
consist
of
the
stock
of
the
Bank,
equity
securities
and
cash.
The
Bank
conducts
business
in
the
greater
Pittsburgh
metropolitan
area
through
31
full-service
offices
in
Allegheny,
Beaver,
Butler,
Washington
and
Westmoreland
Counties.
Parkvale
had
assets
of
$1.3
billion
at
June
30,
2000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Parkvale
Financial
Corp.
is
a
unitary
savings
and
loan
holding
company
for
Parkvale
Savings
Bank
in
PA.
For
the
nine
months
ended
3/01,
interest
income
rose
11%
to
$69.7
million.
Net
interest
income
after
loan
provision
rose
4%
to
$26.8
million.
Net
income
rose
7%
to
$10.5
million.
Net
interest
income
reflects
an
increase
in
interest
earning
assets,
partially
offset
by
increased
interest
costs
and
a
higher
loan
provision.
Net
income
reflects
an
increase
in
service
charges. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
after
tax
earnings
were
3,522. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Robert Pfischner, 78 Chairman | -- | -- | Robert McCarthy, Jr., 57 Pres,
CEO | $610K | -- | William Burt, 55 Sr.
VP - Retail Banking | 157K | -- | Raymond Pascoe, 43 VP,
CIO | -- | -- | Timothy Rubritz, 46 VP
and Treasurer | 206K | $54K | Dollar
amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|