| Business Summary | | Cardinal
Financial
Corporation
is
a
bank
holding
company.
The
Company's
four
bank
subsidiaries
(collectively,
the
Banks)
are
as
follows:
Cardinal
Bank,
N.A.,
Cardinal
Bank
-
Manassas/Prince
William,
N.A.,
Cardinal
Bank
-
Dulles,
N.A.,
and
Cardinal
Bank
-
Potomac.
The
Company
also
has
an
investment
advisory
subsidiary,
Cardinal
Wealth
Services,
Inc.
The
Banks
engage
in
the
commercial
banking
business
in
their
respective
communities.
Each
Bank
provides
personalized
banking
services,
with
emphasis
on
the
financial
needs
and
objectives
of
individuals,
professionals
and
small
to
medium-sized
businesses.
Additionally,
substantially
all
credit
and
related
decisions
are
made
by
the
Banks'
local
management
and
board
of
directors,
thereby
facilitating
prompt
response. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CFNL
is
a
bank
holding
company
for
Cardinal
Bank,
with
offices
in
Fairfax,
Virginia.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
96%
to
$8.1
million.
Net
interest
income
after
loan
loss
provision
rose
91%
to
$4.1
million.
Net
loss
applicable
to
Common
remained
flat
at
$1.8
million.
Net
interest
income
reflects
an
increase
in
loans
receivable,
partially
offset
by
higher
interest
on
deposits.
Earnings
were
partially
offset
by
an
increase
in
salary
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| John Rust, Jr., 52 Chairman | -- | L. Burwell Gunn, Jr., 55 Pres,
CEO, Director | $215K | Joseph Borrelli, 52 CFO
and Exec. VP | 132K | Edgar Andrews III, 53 Exec.
VP | -- | Christopher Bergstrom, 40 Exec.
VP and CLO of the Company and Pres of Cardinal Bank- Ma | 137K | Dollar
amounts are as of 31-Dec-1999 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
|
|