| Business Summary | | Bar
Harbor
Bankshares
has
two
primary,
wholly
owned
operating
subsidiaries,
Bar
Harbor
Banking
and
Trust
Company
(the
Bank),
a
full-service,
independent
community
bank,
and
BTI
Financial
Group
(BTI),
a
financial
services
holding
company
that
offers
clients
brokerage,
trust
and
investment
management
services.
The
Bank
has
10
offices
in
coastal
Maine,
as
well
as
offices
in
Hancock
County
and
adjacent
Washington
County
that
represent
its
principal
market
areas.
The
Hancock
County
offices,
in
addition
to
the
one
in
Bar
Harbor,
are
located
in
Northeast
Harbor,
Southwest
Harbor,
Blue
Hill,
Deer
Isle,
Ellsworth
and
Winter
Harbor.
The
Washington
County
offices
are
located
in
Milbridge,
Machias
and
Lubec.
The
Bank
performs
its
operations,
check-clearing,
technology
and
mail
services
in
its
operations
center,
located
in
Ellsworth,
Maine.
BTI
is
the
holding
company
for
three
operating
subsidiaries:
Bar
Harbor
Trust
Services,
Block
Capital
Management
and
Dirigo
Investments,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Bar
Harbor
Bankshares
is
the
bank
holding
company
for
Bar
Harbor
Banking
and
Trust
Company,
a
state
chartered
bank
serving
eastern
Maine.
For
the
three
months
ended
3/31/01,
total
interest
income
rose
1%
to
$8.7
million.
Net
interest
income
after
LLP
fell
8%
to
$4
million.
Net
income
fell
15%
to
$1.1
million.
Net
interest
income
reflects
increased
loan
yields,
offset
by
increased
FHLB
costs.
Net
income
reflects
increased
staff
due
to
the
purchase
of
Dirigo
Investment. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Reeves, 66 Chairman | -- | Dean Read, 54 Pres,
CEO | $167K | Gerald Shencavitz, 47 CFO,
Chief Operating Officer | -- | Dwight Eaton, 65 VP | 41K | Marsha Sawyer, 48 Sr.
VP of the Bank and Clerk of the Company | -- | 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
|
|