| Business Summary | | NSD
Bancorp,
Inc.
is
the
bank
holding
company
of
NorthSide
Bank
(the
Bank),
a
wholly
owned
subsidiary.
The
Corporation
derives
substantially
all
of
its
income
from
banking
and
bank-related
services
provided
by
the
Bank.
The
Bank
is
a
state-chartered
bank
with
10
branch
locations,
as
of
December
31,
2000.
The
Bank
is
a
full-service
bank
offering
retail
banking
services,
such
as
demand,
savings
and
time
deposits,
money
market
accounts,
secured
and
unsecured
loans,
mortgage
loans,
safe
deposit
boxes,
holiday
club
accounts,
wire
transfers,
money
orders
and
traveler's
checks.
Services
to
commercial
customers
are
also
offered,
including
real
estate
mortgage
loans,
lines
of
credit,
inventory
and
accounts
receivable
financing
and
equipment
leasing.
The
Bank's
service
area
includes
the
northern
portion
of
Allegheny
County
and
southern
Butler
County,
in
Pennsylvania. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NSD
Bancorp,
a
bank
holding
Co.,
provides
banking
and
bank
related
services
through
its
subsidiary,
Northside
Bank.
For
the
three
months
ended
3/31/01,
total
interest
income
rose
11%
to
$8
million.
Net
interest
income
after
loan
loss
provision
remained
flat
at
$3.7
million.
Net
income
rose
9%
to
$1.2
million.
Net
interest
income
reflects
higher
average
earning
assets,
partially
offset
by
higher
cost
of
funds.
Net
income
reflects
decreased
occupancy
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| L. Gaus, 68 Chairman | -- | Lloyd Gibson, 45 Pres,
CEO, Director | $174K | James Radick, 38 Treasurer;
Sr. VP, CFO and Treasurer of the Bank | -- | Wayne Grinnik, 50 Sr.
VP and CLO of the Bank | -- | 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
|
|