| Business Summary | | Britton
&
Koontz
Capital
Corporation
is
the
holding
company
of
wholly
owned
subsidiary,
Britton
&
Koontz
First
National
Bank
(the
Bank),
a
national
banking
association.
The
stock
of
the
Bank
is
the
Company's
most
significant
asset.
The
Company's
major
source
of
income
in
2000
was
dividends
from
the
Bank
in
the
amount
of
$1,550,000.
As
of
December
31,
2000,
the
Company
had
total
assets
of
approximately
$270
million
and
total
consolidated
shareholders'
equity
of
approximately
$26
million.
The
Bank
conducts
a
full-service
banking
business
from
its
main
office
and
three
branch
offices
in
Natchez,
Mississippi,
one
branch
in
Vicksburg,
Mississippi
and
two
branch
offices
in
Baton
Rouge,
Louisiana.
On
December
1,
2000,
Louisiana
Bank
and
Trust
Company
was
acquired
by
the
Company,
adding
the
two
branches
in
Baton
Rouge,
Louisiana. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BKBK
is
a
one-bank
holding
company
for
Britton
and
Koontz
First
National
Bank.
For
the
six
months
ended
6/30/01,
interest
income
rose
6%
to
$10.8
million.
Net
interest
income
after
loan
loss
prov.
rose
4%
to
$5.6
million.
Net
income
rose
16%
to
$1.6
million.
Net
interest
income
reflects
increased
income
from
loans
and
securities
partially
offset
by
a
higher
loan
loss
provision.
Net
income
reflects
a
$129
thousand
gain
on
the
sale
of
securities
and
a
lower
effective
income
tax
rate. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| W. Feltus III, 71 Chariman
of the Board of the Company and the Bank | -- | W. Page Ogden, 53 Pres,
CEO of the Company and the Bank | $212K | Bazile Lanneau, Jr., 48 VP,
Assistant Sec., Chief Financial & Accounting Officer, & Treasurer of the Compan | 157K | Albert Metcalfe, 68 Sec.,
Director | -- | James Cole, 60 Exec.
VP and Trust Officer of the Bank, Director | -- | 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
|
|