| Business Summary | | Fulton
Financial
Corporation
is
a
multi-bank
financial
holding
company
that
provides
a
full
range
of
banking
and
financial
services
to
businesses
and
consumers
through
its
wholly
owned
banking
subsidiaries.
They
consist
of
Fulton
Bank,
Lebanon
Valley
Farmers
Bank,
Swineford
National
Bank,
Lafayette
Ambassador
Bank,
FNB
Bank,
N.A.,
Hagerstown
Trust,
Delaware
National
Bank,
The
Bank
of
Gloucester
County,
The
Woodstown
National
Bank
&
Trust
Company,
The
Peoples
Bank
of
Elkton
and
Skylands
Community
Bank.
Fulton's
financial
services
subsidiaries
include
Fulton
Financial
Advisors,
N.A.
and
Fulton
Insurance
Services
Group,
Inc.
In
addition,
the
Company
owns
four
other
non-banking
subsidiaries,
consisting
of
Fulton
Financial
Realty
Company,
Fulton
Life
Insurance
Company,
Central
Pennsylvania
Financial
Corp.
and
FFC
Management,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FULT
is
a
multi-bank
holding
company
for
11
banks
and
four
non-banks
located
in
central
and
eastern
PA,
southern
NJ,
northern
MD
and
southern
DE.
For
the
six
months
ended
6/30/01,
interest
income
rose
6%
to
$234.5
million.
Net
interest
income
after
loan
loss
prov.
rose
4%
to
$123.5
million.
Net
income
rose
8%
to
$55.3
million.
Net
interest
income
reflects
growth
in
interest
earning
assets,
partially
offset
by
a
lower
net
spread.
Net
income
reflects
higher
investment
gains. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Rufus Fulton, Jr., 60 Chairman,
CEO | $697K | -- | R. Scott Smith, Jr., 52 Pres,
COO, Director | 389K | $118K | Charles Nugent, 52 CFO,
Sr. Exec. VP | 320K | -- | Richard Ashby, Jr., 56 Exec.
VP | 286K | 70K | 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
|
|