| Business Summary | | PHS
Bancorp,
Inc.
is
the
holding
company
for
Peoples
Home
Savings
Bank
(the
Bank).
The
Company
conducts
no
significant
business
of
its
own,
other
than
holding
all
the
outstanding
stock
of
the
Bank.
The
Company
principally
operates
through
its
main
office,
eight
branch
offices
and
an
administrative
office,
located
throughout
the
Pennsylvania
counties
of
Beaver
and
Lawrence
Counties.
Through
the
Bank,
the
Company
is
primarily
engaged
in
the
business
of
attracting
deposits
from
the
general
public,
and
offering
traditional
mortgage
loan
products,
commercial
loans
and
consumer
loans,
which
primarily
consist
of
automobile
loans.
As
of
December
31,
2000,
the
Company
had
total
assets
of
$265.3
million,
total
deposits
of
$198.2
million
and
total
stockholders'
equity
of
$28.8
million. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PHSB
is
a
mutual
bank
holding
company
for
the
PHS
Bancorp
operating
in
Beaver
and
Lawrence
PA.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
2%
to
$9.7
million.
Net
interest
income
after
loan
loss
provision
fell
1%
to
$4.1
million.
Net
income
fell
2%
to
$1.1
million.
Net
interest
income
reflects
increased
loans,
offset
by
increased
deposits.
Earnings
reflect
an
increase
in
occupancy
and
equipment
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Wetzel, Jr., 56 Pres
and CEO | $223K | Richard Canonge, 38 CFO,
VP-Fin., Treasurer | -- | David Ault, 53 VP-Community
Banking Officer and Assistant Sec. | -- | Joseph Pollock, III, 44 VP-Lending | -- | Paul Jewell, 55 VP-Human
Resources and Bus. Devel. | -- | 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
|
|