| Business Summary | | Southwest
Bancorporation
of
Texas,
Inc.
serves
as
a
bank
holding
company
for
Southwest
Bank
of
Texas
National
Association.
The
Bank
provides
a
complete
range
of
retail
and
commercial
banking
services,
including
loans
and
fee
income
products.
Loans
consist
of
commercial
loans
to
middle-market
businesses,
loans
to
individuals,
commercial
real
estate
loans,
residential
mortgages
and
construction
loans.
The
Bank
also
originates
and
purchases
residential
and
commercial
mortgage
loans
to
sell
to
investors
with
servicing
rights
retained.
Southwest
Bank
promotes
residential
and
commercial
construction
financing
to
builders
and
developers,
and
acts
as
a
broker
in
the
origination
of
multi-family
and
commercial
real
estate
loans.
In
addition,
the
Bank
offers
a
broad
array
of
fee
income
products,
including
merchant
card
services,
letters
of
credit,
accounts
receivable
financing,
customized
cash
management
services,
brokerage
and
mutual
funds,
and
trust
and
private
banking
activities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SWBT
is
a
bank
holding
company
for
Southwest
Bank
of
Texas,
with
33
full-service
branches.
For
the
six
months
ended
6/30/01,
interest
income
rose
7%
to
$136.1
million.
Net
interest
income
after
loan
loss
provision
increased
8%
to
$73.8
million.
Net
income
rose
16%
to
$25.1
million.
Net
interest
income
reflects
an
increase
in
interest-earning
assets.
Earnings
also
reflect
an
increase
in
service
charges
attributable
to
an
increase
in
the
number
of
deposit
accounts
serviced. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Walter Johnson, 65 Chairman | $770K | $1.5M | Paul Murphy, Jr., 41 Pres,
CEO, Director | 545K | 274K | John Echols, 43 CEO
of the Baytown Region, Director | -- | -- | David Farries, 54 Exec.
VP, Treasurer, Sec. | -- | -- | Joseph Argue III, 52 Exec.
VP | 299K | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|