| Business Summary | | Wainwright
Bank
&
Trust
(the
Bank)
is
a
state
chartered
commercial
bank
with
five
offices
in
Boston
and
Cambridge,
Massachusetts.
The
Bank's
personal
accounts
and
services
include
checking,
savings,
money
market,
CDs
and
IRAs.
Credit
cards,
mortgages
and
loans
are
also
available.
Business
accounts
and
services
are
comprised
of
checking,
savings,
money
market,
CDs
and
business
loans.
The
Bank
also
offers
services
tailored
to
meet
the
needs
of
not-for-profit
organizations.
In
addition
to
its
regular
banking
services,
the
Bank
is
also
active
in
outside
commitments
such
as
affordable
housing,
environmental
issues,
women's
issues,
health
services
and
homelessness
and
hunger
issues. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | WAIN
is
a
state
chartered
commercial
bank
with
five
offices
in
Boston
and
Cambridge,
MA.
For
the
nine
months
ended
9/00,
total
interest
income
rose
22%
to
$23.7
million.
Net
interest
income
after
loan
loss
prov.
rose
13%
to
$12.2
million.
Net
income
applicable
to
Common
fell
4%
to
$2.7
million.
Results
reflect
increased
average
interest
earning
assets,
offset
by
higher
interest
costs
and
increased
salaries
and
employee
benefits,
occupancy
and
equipment
expenditures. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Robert Glassman | Co-Chairman | John Plurkas | Co-Chairman | Jan Miller | Pres,
CEO | George Rooks | Pres | James Barrett | Sr.
VP, CFO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|