| Business Summary | | The
Savannah
Bancorp,
Inc.
owns
and
operates
Savannah
Bank,
National
Association
and
Bryan
Bank
&
Trust
(the
Subsidiary
Banks)
currently
are
the
sole
operating
subsidiaries
of
the
Company.
The
Subsidiary
Banks
offer
a
full
range
of
deposit
services,
including
checking
accounts,
savings
accounts
and
various
time
deposits
ranging
from
daily
money
market
accounts
to
longer-term
certificates
of
deposit.
The
primary
service
area
of
the
Subsidiary
Banks
is
the
city
of
Savannah,
Georgia,
certain
contiguous
areas
of
Chatham
County
and
the
Richmond
Hill
and
Bryan
County
market.
The
Subsidiary
Banks'
target
markets
are
individuals
residing
in
the
primary
service
area,
small
to
medium
size
businesses,
including
retail
shops
and
professional
service
businesses
in
the
community. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SAVB
is
a
bank
holding
company
for
The
Savannah
Bank
and
Bryan
Bank
and
Trust.
For
the
six
months
ended
6/30/01,
total
interest
income
increased
16%
to
$13.9
million.
Net
interest
income
after
loan
loss
provision
rose
5%
to
$6.6
million.
Net
income
rose
7%
to
$2.2
million.
Net
interest
income
reflects
higher
average
interest-earning
assets,
partially
offset
by
a
higher
cost
of
funds.
Net
income
reflects
higher
trust
fees
and
service
charges
on
deposit
accounts. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| J. Wiley Ellis, 59 Chairman,
Gen. Counsel, Director | -- | -- | Archie Davis, 58 CEO,
Pres, Director | $182K | $68K | E. James Burnsed, 60 Vice
Chairman | 253K | 105K | Robert Briscoe, 48 CFO | -- | -- | R. Stephen Stramm, 50 Exec.
VP of Lending | 129K | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|