| Business Summary | | Pacific
Crest
Capital,
Inc.
is
a
bank
holding
company
principally
engaged
in
commercial
real
estate
lending
and
United
States
Small
Business
Administration
(SBA)
lending
through
its
wholly
owned
subsidiary,
Pacific
Crest
Bank
(the
Bank).
Pacific
Crest
Bank
concentrates
on
marketing
to
and
serving
the
needs
of
investors,
entrepreneurs
and
small
to
medium-sized
businesses
located
primarily
in
California,
and,
to
a
lesser
extent,
Arizona,
Washington,
Oregon
and
Texas.
The
Bank
offers
consumer
demand
deposit
checking
accounts,
money
market
checking
accounts,
savings
accounts
and
certificates
of
deposit.
The
Bank
has
focused
its
lending
activities
on
loans
secured
by
commercial
real
estate
and
small
business
loans
under
various
federal
SBA
loan
programs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PCCI
is
a
holding
company
for
Pacific
Crest
Bank
and
is
engaged
in
commercial,
SBA
and
industrial
real
estate
lending.
For
the
six
months
ended
6/30/01,
total
interest
income
fell
6%
to
$24.5
million.
Net
interest
income
after
loan
loss
prov.
rose
1%
to
$8.8
million.
Net
income
rose
3%
to
$2.7
million.
Net
interest
income
reflects
decreased
earning
assets,
offset
by
a
lower
cost
of
funds.
Earnings
reflect
$539
thousand
in
gains
on
loan
sales. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Gary Wehrle, 58 Chairman,
Pres, CEO | $455K | Gonzalo Fernandez, 58 Exec.
VP | 276K | Lyle Lodwick, 47 Exec.
VP | 264K | Robert Dennen, 48 Sr.
VP, CFO, Sec. | 147K | Kirsten Hakes, 37 Sr.
VP of 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
|
|