| Business Summary | | Mississippi
Valley
Bancshares,
Inc.,
which
is
a
multi-bank
holding
company,
and
its
wholly
owned
subsidiaries,
Southwest
Bank
of
St.
Louis
(the
Missouri
Bank),
Southwest
Bank,
Belleville,
(the
Illinois
Bank)
and
Southwest
Bank
of
Phoenix,
(the
Arizona
Bank),
are
engaged
primarily
in
commercial
lending.
Southwest
Bank
of
St.
Louis
has
been
nationally
recognized
for
its
frequent
practice
of
reducing
its
prime
interest
rate
in
advance
of
industry
wide
prime
rate
cuts.
The
Arizona
Bank,
which
is
located
in
Phoenix,
Arizona,
was
a
new
charter.
Since
acquiring
the
Missouri
Bank,
the
Company
has
expanded
its
loan
portfolio
from
$57
million
to
$1.373
billion
at
December
31,
2000.
The
Company
formed
Mississippi
Valley
Capital
Company,
a
venture
capital
subsidiary
and
natural
extension
of
its
strong
commercial
lending
activities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MVBI
is
the
holding
company
for
the
Southwest
Bank
of
St.
Louis
and
Southwest
Bank,
Belleville.
For
the
six
months
ended
6/30/01,
interest
income
increased
15%
to
$75.1
million.
Net
interest
income
after
loan
loss
provision
increased
2%
to
$28.2
million.
Net
income
increased
15%
to
$13.2
million.
Net
interest
income
reflects
an
increase
in
interest
earning
assets,
partially
offset
by
interest
costs.
Net
income
reflects
an
increase
in
realized
gains
on
securities. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Andrew Baur, 56 Chairman
and CEO of the Company and the Missouri Bank | $571K | $306K | Linn Bealke, 56 Pres.
of the Company, Vice Chmn and COO of the Missouri Bank, Chmn. of the Illinois and Arizona Bank | 429K | 360K | Paul Strieker, 49 CFO,
Exec. VP, Controller of the Company and Exec. VP of the Missouri Bank | 138K | -- | Carol Dolenz, 48 Sec.
and Treasurer of the Company and Sec. and VP of the Missouri Bank. | -- | -- | Stephen Marsh, 45 Pres
of the Missouri Bank and Sr. Loan Officer of the Banks | 264K | 86K | 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
|
|