| Business Summary | | Codorus
Valley
Bancorp
Inc.
is
the
holding
company
of
PeoplesBank.
SYC
Realty
Co.,
Inc.
is
the
Company's
wholly
owned
non-bank
subsidiary.
Codorus
Valley's
business
consists
primarily
of
managing
PeoplesBank,
and
its
principal
source
of
income
is
dividends
received
from
PeoplesBank.
PeoplesBank
offers
a
full
range
of
commercial
and
consumer
banking
services
through
eight
full
service
financial
centers
located
in
York
County,
Pennsylvania.
PeoplesBank
also
offers
trust
and
investment
services
at
Codorus
Valley
Corporate
Center
located
in
York,
Pennsylvania,
and
mutual
funds,
via
a
third-party
marketing
arrangement,
throughout
its
financial
center
network.
Mutual
funds
are
not
FDIC
insured,
not
obligations
of
nor
guaranteed
by
PeoplesBank,
and
are
subject
to
investment
risk
including
the
possible
loss
of
principal. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Codorus
Valley
Bancorp
is
a
bank
holding
company
for
PEOPLESBANK,
a
state
chartered
bank
with
eight
offices
in
York
County,
PA.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
4%
to
$11.3
million.
Net
interest
income
after
loan
loss
provision
rose
2%
to
$5.6
million.
Net
income
remained
flat
at
$1.4
million.
Results
reflect
increased
earning
asset
balances
due
to
growth
of
the
loan
portfolio,
offset
by
increased
interest
on
deposits
and
increased
salary
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| George Trout, 66 Chairman | -- | Larry Miller, 49 Pres,
CEO | $210K | Jann Weaver, 51 CFO,
Treasurer, Assistant Sec. | -- | Donald Warner, 62 VP | -- | Harry Swift, 53 Sec.,
Gen. Counsel, VP | 158K | 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
|
|