| Business Summary | | New
Hampshire
Thrift
Bancshares,
Inc.
is
the
parent
company
of
Lake
Sunapee
Bank
(the
Bank),
a
federally
chartered
savings
bank.
Lake
Sunapee
Bank
is
a
thrift
institution
established
for
the
purposes
of
providing
the
public
with
a
convenient
and
safe
place
to
invest
funds,
for
the
financing
of
housing,
consumer-oriented
products
and
commercial
loans,
and
for
providing
a
variety
of
other
consumer-oriented
financial
services.
The
Bank's
market
area
consists
of
west-central
New
Hampshire
in
the
counties
of
Merrimack,
Sullivan,
Hillsboro,
and
Grafton.
Through
its
subsidiary,
Lake
Sunapee
Financial
Services
Corporation,
the
Bank
offers
brokerage
services
to
its
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | New
Hampshire
Thrift
Bancshares
is
a
holding
company
for
Lake
Sunapee
Bank,
FSB,
a
federal
stock
savings
bank
operating
in
central
and
western
NH.
For
the
six
months
ended
6/30/01,
total
interest
income
increased
3%
to
$16.6
million.
Net
interest
income
after
loan
loss
provision
rose
3%
to
$7.9
million.
Net
income
rose
2%
to
$2.3
million.
Total
interest
income
reflect
the
increase
in
interest-earning
assets.
Earnings
were
patially
offset
by
higher
interest
and
lower
service
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Kiernan, 74 Chairman
of Directors | -- | Stephen Ensign, 53 Pres,
CEO, Vice Chairman | $220K | Daryl Cady, 39 CFO,
Sr. VP | 112K | Stephen Theroux, 51 COO,
Exec. VP, Director | 161K | 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
|
|