| Business Summary | | Tarpon
Coast
Bancorp
Inc.
is
a
registered
bank
holding
company
that
owns
100%
of
the
outstanding
capital
stock
of
the
Tarpon
Coast
National
Bank
(the
Bank).
The
Bank,
a
full-service
commercial
bank,
offers
a
full
range
of
interest-bearing
and
non-interest-bearing
accounts,
including
commercial
and
retail
checking
accounts,
negotiable
order
of
withdrawal
(NOW)
accounts,
public
funds
accounts,
money
market
accounts,
individual
retirement
accounts,
regular
interest-bearing
statement
savings
accounts,
certificates
of
deposit,
daily
repurchase
agreements,
business
accounts
that
offer
account
analysis
on
all
commercial
relationships,
commercial
loans,
real
estate
loans
and
consumer
loans. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TCBA
is
a
holding
company
for
Tarpon
Coast
National
Bank,
which
operates
under
a
national
bank
charter
and
provides
commercial
banking
services
in
Punta
Gorda
and
Port
Charlotte,
and
the
City
of
North
Port,
FL.
For
the
three
months
ended
3/31/01,
interest
income
rose
61%
to
$1.3
million.
Net
interest
income
after
loan
loss
prov.
37%
to
$563
thousand.
Net
loss
fell
38%
to
$42
thousand.
Results
reflect
greater
interest
earning
assets,
higher
LLP
and
higher
service
charges. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
after
tax
earnings
were
10. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Lewis Albert, 48 Chairman
and CEO | $112K | Todd Katz, 35 Vice
Chairman and Pres | 111K | George Cline, lll, 56 CFO,
Sr. VP | -- | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|