| Business Summary | | FNB
Corporation
does
a
general
banking
business,
serving
the
commercial,
agricultural
and
personal
banking
needs
of
its
trade
territory,
commonly
referred
to
as
the
New
River
Valley,
which
consists
of
Montgomery
County,
Virginia
and
portions
of
surrounding
counties.
The
Company
engages
in
and
offers
a
full
range
of
banking
services
including
trust
services,
demand,
savings
and
time
deposits
used
to
fund
the
loan
demand
in
its
trade
area.
The
Company
also
engages
in
commercial,
farm,
consumer
installment,
mortgage,
credit
card,
FHA
and
SBA
guaranteed
loans. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FNB
Corporation
is
a
bank
holding
company
for
First
National
Bank
(VA).
For
the
six
months
ended
6/30/01,
interest
income
rose
15%
to
$23.5
million.
Net
interest
income
after
loan
loss
provision
rose
12%
to
$11.3
million.
Net
income
increased
6%
to
$3.5
million.
Net
interest
income
after
LLP
reflects
growth
in
interest
earning
assets,
partially
offset
by
increased
interest
costs
on
deposits.
Earnings
also
reflect
increased
salaries
and
benefits
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Julian Hardy, Jr., 51 Pres,
CEO | $241K | Daniel Becker, 58 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
|
|