| Business Summary | | Peapack-Gladstone
Financial
Corporation
is
a
bank
holding
company
that
was
organized
to
become
a
holding
company
for
Peapack-Gladstone
Bank,
which
is
a
state
chartered
commercial
ban.
The
Bank
offers
financial
services
through
14
full-service
banking
offices
and
one
mini-branch.
The
Bank
is
primarily
dedicated
to
providing
financial,
trust
and
investment
services
to
individuals
and
small
businesses.
Commercial
loan
customers
of
the
Bank
include
merchants,
landscapers,
architects,
doctors,
dentists,
attorneys,
building
contractors
and
restaurateurs
as
well
as
various
service
firms
and
other
local
retailers.
The
Bank's
wholly
owned
subsidiary,
Peapack-Gladstone
Investment
Company,
Inc.,
holds,
maintains
and
manages
investment
security
portfolios
for
the
Bank. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PGC
is
a
bank
holding
company
for
Peapack-Gladstone
Bank.
PGC
offers
financial
services
through
10
full
service
banking
offices
in
NJ.
For
the
six
months
ended
6/30/01,
interest
income
rose
13%
to
$19.9
million.
Net
interest
income
after
loan
prov.
fell
less
than
1%
to
$11.6
million.
Net
income
rose
11%
to
$4.2
million.
Net
interest
income
reflects
increased
loans,
offset
by
a
lower
net
interest
margin.
Net
income
reflects
the
absence
of
merger
related
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| T. Leonard Hill, 89 Chairman | -- | Frank Kissel, 50 Pres,
CEO | $348K | Arthur Birmingham, 49 Sr.
VP and Treasurer | 126K | Robert Rogers, 42 Sr.
VP and Assistant Sec., Sr. VP and COO of the Bank | 145K | Craig Spengeman, 45 Sr.
VP, Sr. VP and Sr. Trust Officer of the Bank | 166K | 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
|
|