| Business Summary | | Chemical
Financial
Corporation
is
a
bank
holding
company.
Its
lead
subsidiary
bank
is
Chemical
Bank
and
Trust
Company.
Chemical's
business
is
concentrated
in
a
single
industry
segment,
which
is
commercial
banking.
The
Company's
subsidiaries
offer
a
full
range
of
commercial
banking
and
fiduciary
services.
These
include
accepting
deposits,
business
and
personal
checking
accounts,
savings
and
individual
retirement
accounts,
time
deposit
instruments,
electronically
accessed
banking
products,
residential
and
commercial
real
estate
financing,
commercial
lending,
consumer
financing,
debit
cards,
safe
deposit
box
services,
automated
teller
machines,
access
to
insurance
and
investment
products,
money
transfer
services,
corporate
and
personal
trust
services
and
other
banking
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CHFC
is
a
bank
holding
company
that
operates
10
state
banks
involved
in
retail
banking
and
related
services.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
4%
to
$106.9
million.
Net
interest
income
after
LLP
rose
6%
to
$59.8
million.
Net
income
fell
21%
to
$16
million.
Net
interest
income
reflects
an
increase
in
total
loans
and
lower
interest
on
federal
funds
sold.
Lower
income
reflects
a
$9.2
million
charge
related
to
the
merger
with
Shoreline
Financial
Corp. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Alan Ott, 69 Chairman | -- | -- | Aloysius Oliver, 60 Pres,
CEO, Director | $249K | $21K | Lori Gwizdala, 42 CFO,
Sr. VP, Treasurer | 165K | 66K | David Ramaker, 45 Exec.
VP and Sec.; CEO and Pres of CB&T | 232K | 25K | Janet McGuire VP
of Marketing | -- | -- | 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
|
|