| Business Summary | | Premier
Bancorp,
Inc.
is
a
financial
holding
company
that
primarily
is
engaged
in
the
operation
of
its
wholly
owned
subsidiary,
Premier
Bank
(the
Bank).
The
Company
manages
the
Bank
as
a
single
business
segment.
Premier
Bank
is
a
community-oriented
financial
services
provider.
The
business
of
the
Bank
primarily
consists
of
attracting
retail
deposits
from
the
general
public
and
small
businesses,
and
originating
commercial
and
consumer
loans
in
its
market
area,
which
consists
of
Doylestown,
Pennsylvania,
and
the
surrounding
Bucks
County
and
Greater
Delaware
Valley
communities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Premier
Bancorp
is
the
holding
Co.
of
Premier
Bank,
a
community-oriented
financial
service
provider
that
attracts
deposits
and
originates
commercial/consumer
loans.
For
the
six
months
ended
6/30/01,
interest
income
rose
12%
to
$14.3
million.
Interest
income
after
loan
loss
prov.
rose
5%
to
$5.7
million.
Net
income
rose
2%
to
$1
million.
Results
reflect
increased
earning
assets,
partially
offset
by
higher
rates
paid
on
liabilities
and
the
expense
for
new
office
openings. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Clark Frame, 50 Chairman | -- | John Soffronoff, 54 Pres,
CEO, Director | $162K | Barry Miles, Sr., 51 Vice
Chairman | -- | Bruce Sickel, 41 CFO,
Sr. VP, Treasurer, Director | 139K | John Ginley, 58 Sec.,
Sr. VP, CLO, Director | 172K | 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
|
|