| Business Summary | | National
Commerce
Financial
Corp.,
formerly
known
as
National
Commerce
Bancorporation,
is
a
registered
bank
holding
company
whose
principal
business
is
providing
banking
and
other
financial
services
through
its
banking
and
non-banking
subsidiaries.
The
Company
is
the
parent
holding
company
of
Central
Carolina
Bank
and
Trust
Company,
National
Bank
of
Commerce
and
NBC
Bank,
FSB.
The
Company
is
a
49%
owner
of
First
Market
Bank
FSB,
which
operates
23
branch
offices.
Additionally,
the
Company
owns
all
of
the
outstanding
capital
stock
of
TransPlatinum
Service
Corp.,
Commerce
Capital
Management
Inc.,
U.S.I.
Alliance
Corp.,
First
Mercantile
Trust,
First
Mercantile
Capital
Management
Inc.,
National
Commerce
Capital
Trust
I
and
Monroe
Properties. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | National
Commerce
Financial
Corp.
is
a
bank
holding
company
for
commercial
banks
and
federal
savings
banks.
The
Company
also
provides
through
its
subsidiaries
investment
advice
and
financing
services.
For
the
six
months
ended
6/30/01,
interest
income
totaled
$633.1
million,
up
from
$274.8
million.
Net
interest
income
after
loan
loss
prov.
totaled
$302.5
million,
up
from
$117.9
million.
Net
income
totaled
$107.8
million,
up
from
$47.9
million.
Results
reflect
acquisitions
and
higher
service
charges. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000
Compensation | | Pay | Exer | |
| Thomas Garrott, 63 Chairman | $15.7M | -- | Ernest Roessler, 59 Pres,
CEO, Director | 7.2M | $59K | Sheldon Fox, 40 CFO | -- | -- | Lewis Holland, 58 Pres
of Financial Enterprises | 4.9M | -- | William Reed, Jr, 54 COO | 3.5M | 809K | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|