| Business Summary | | North
Fork
Bancorporation,
Inc.
is
a
multi-bank
holding
company.
The
Company's
primary
bank
subsidiary,
North
Fork
Bank
(North
Fork),
operates
through
148
full-service
retail-banking
facilities
located
in
the
New
York
metropolitan
area.
North
Fork
focuses
on
providing
superior
customer
service
to
both
personal
and
commercial
clients
by
offering
the
convenience
of
electronic
banking
as
well
as
an
array
of
financial
products
and
brokerage/investment
management
services
through
its
non-bank
subsidiaries,
Compass
Investment
Services
Corp.
and
Amivest
Corporation.
The
Company's
other
bank
subsidiary,
Superior
Savings
of
New
England,
N.A.,
a
nationally
chartered
bank,
operates
from
two
locations.
Superior
conducts
an
electronic
banking
operation
focused
on
gathering
deposits
throughout
the
northeast. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NFB
is
a
bank
holding
for
North
Fork
Bank,
which
operates
full-service
branches
in
the
metropolitan
New
York
area.
For
the
six
months
ended
6/30/01,
interest
income
rose
4%
to
$545.3
million.
Net
interest
income
after
loan
loss
provision
rose
10%
to
$309.6
million.
Net
income
increased
78%
to
$156.6
million.
Net
interest
income
reflects
loan
growth,
and
decreased
provisions
for
loan
losses.
Earnings
also
reflect
the
absence
of
$50.5
million
in
restructuring
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Kanas, 54 Chairman,
Pres and CEO | $4.8M | John Bohlsen, 58 Vice
Chairman | 3.1M | Daniel Healy, 58 CFO,
Exec. VP, Director | 1.7M | 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
|
|