| Business Summary | | Wilmington
Trust
Corporation
owns
Wilmington
Trust
Company,
a
full-service
bank
in
Delaware
with
45
branch
offices
at
January
31,
2001.
Wilmington
Trust
also
owns
two
other
financial
institutions,
Wilmington
Trust
of
Pennsylvania,
a
Pennsylvania-chartered
bank
and
trust
company
with
five
branches,
and
Wilmington
Trust
FSB,
a
Federally-chartered
savings
bank
with
one
branch
in
Maryland,
three
branches
and
a
sales
office
in
Florida
and
trust
agency
offices
in
New
York,
California
and
Nevada.
Wilmington
Trust
also
owns
Rodney
Square
Management
Corporation,
a
registered
investment
adviser,
and
WT
Investments,
Inc.,
an
investment
holding
company
with
interests
in
three
asset
management
firms.
As
of
December
31,
2000,
Wilmington
Trust
had
total
assets
of
$7.3
billion
and
total
shareholders'
equity
of
$591.9
million. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | WL
is
a
holding
company
for
Wilmington
Trust
Co.,
Wilmington
Trust
PA,
and
Wilmington
Trust
FSB.
The
banks
are
engaged
in
residential
and
commercial
lending,
deposit
taking,
and
broker
services.
For
the
six
months
ended
6/30/01,
interest
income
fell
3%
to
$249.6
million.
Net
interest
income
after
LLP
fell
less
than
1%
to
$117.3
million.
Net
income
before
acct
change
rose
less
than
1%
to
$61
million.
Results
reflects
a
decrease
in
income
from
securities,
offset
by
higher
advisory
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Ted Cecala, 51 Chairman,
CEO | $1.2M | $836K | Robert Harra, Jr., 51 Pres,
Treasurer, COO, Director | 880K | 125K | David Gibson, 43 Sr.
VP, CFO | -- | -- | Rodney Wood, 40 Sr.
VP, Private Client Advisory Services Department | 491K | -- | Robert Christian, 51 Sr.
VP - Asset Management Department of WTC | 461K | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|