| Business Summary | | Fidelity
Bancorp,
Inc.
operates
principally
as
a
holding
company
for
its
wholly
owned
subsidiaries,
Fidelity
Bank,
PaSB,
a
Pennsylvania-chartered
savings
bank,
and
FBCapital
Trust,
a
statutory
business
trust.
The
Bank
conducts
business
through
ten
offices
in
Allegheny
and
Butler
counties.
The
Bank
primarily
originates
loan
participations
secured
primarily
by
first
mortgage
liens
on
existing
single-family
residences.
The
Bank
also
originates,
to
a
lesser
extent,
loans
secured
by
commercial
real
estate
and
multi-family
residential
real
estate.
The
Bank
offers
construction
loans
and
installment
loans,
including
home
equity
loans
and
consumer
loans.
Primary
sources
of
funds
include
deposits,
borrowings
and
reverse
repurchase
agreements. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FSBI
is
a
bank
holding
company
for
Fidelity
Savings
Bank
which
operates
through
nine
offices
in
Allegheny
and
Butler
counties,
PA.
For
the
nine
months
ended
6/30/01,
total
interest
income
increased
11%
to
$29
million.
Net
interest
income
after
loan
loss
provision
decreased
4%
to
$8.7
million.
Net
income
fell
14%
to
$2.6
million.
Net
interest
income
reflects
a
higher
average
loan
balance,
offset
by
higher
rates
paid
on
deposits.
Net
income
reflects
a
higher
occupancy
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| William Windisch, 68 Chairman,
CEO | $291K | $13.1K | Richard Spencer, 53 Pres,
COO, Treasurer, Director | 147K | 4.8K | Lisa Griffith CFO,
VP | -- | -- | Michael Mooney, 46 Exec.
VP and the CLO of the Bank | 144K | 5.0K | Dollar
amounts are as of 30-Sep-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
|
|