| Business Summary | | Texas
Regional
Bancshares,
Inc.
is
the
bank
holding
company
of
Texas
Regional
Delaware,
Inc.,
a
wholly
owned
second
tier
bank
holding
company
subsidiary
that
owns
Texas
State
Bank,
the
Company's
primary
operating
subsidiary.
The
Bank
operates
26
banking
locations
in
the
Rio
Grande
Valley.
For
its
business
customers,
the
Bank
offers
checking
facilities,
certificates
of
deposit,
short-term
loans
for
working
capital
purposes,
construction
financing,
mortgage
loans,
term
loans
for
fixed
asset
and
expansion
needs
and
other
commercial
loans.
The
services
provided
for
individuals
by
the
Bank
include
checking
accounts,
savings
accounts,
certificates
of
deposit,
individual
retirement
accounts
and
consumer
loan
programs,
including
installment
loans
for
home
repair
and
for
purchases
of
consumer
goods,
including
automobiles,
trucks
and
boats,
and
mortgage
loans.
The
Bank
also
provides
travelers
checks,
money
orders
and
safe
deposit
facilities,
and
offers
trust
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TRBS
is
a
holding
company,
whose
wholly-owned
subsidiary,
Texas
State
Bank,
conducts
commercial
banking
services
in
the
Rio
Grande
Valley
of
TX.
For
the
six
months
ended
6/01,
interest
income
rose
10%
to
$95.1
million.
Net
interest
income
after
loan
loss
provision
rose
8%
to
$45.8
million.
Net
income
rose
13%
to
$19
million.
Net
interest
income
reflects
loan
growth,
partially
offset
by
higher
interest
expense.
Earnings
reflect
increased
service
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| G. Roney, 70 Chairman,
CEO, Pres | $874K | $1.6M | R. Pigott, Jr., 46 CFO,
Exec. VP | -- | -- | Paul Moxley, 56 Sr.
Exec. VP and Pres and Sec. of Texas State Bank | 246K | -- | Nancy Schultz, 60 Sr.
VP, Sec., Treasurer | -- | -- | Douglas Bready, 45 Pres-
McAllen location | 205K | 24K | 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
|
|