| Business Summary | | Intervest
Bancshares
Corporation
is
a
registered
bank
holding
company
that
owns
100%
of
the
outstanding
capital
stock
of
Intervest
National
Bank,
Intervest
Bank
and
Intervest
Corporation
of
New
York.
The
Company's
primary
business
is
the
operation
of
its
subsidiaries.
It
does
not
engage
in
any
other
substantial
business
activities
other
than
a
limited
amount
of
real
estate
mortgage
lending.
The
Company
also
sells
debentures
to
raise
funds
for
working
capital
purposes.
As
of
December
31,
2000,
the
Company
had
total
assets
of
$416.9
million,
net
loans
of
$266.3
million,
deposits
of
$300.2
million,
debentures
and
related
interest
payable
of
$72.8
million
and
stockholders'
equity
of
$36.2
million. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | IBCA
is
a
bank
holding
company
for
Intervest
Bank,
a
state-chartered
bank,
which
provides
banking
services
to
small
and
middle-market
businesses
in
Florida.
For
the
six
months
ended
6/01,
interest
income
rose
15%
to
$17.1
million.
Net
interest
income
after
loan
loss
provision
rose
16%
to
$4.3
million.
Net
income
before
extraordinary
items
rose
42%
to
$1.5
million.
Net
interest
income
reflects
loan
growth
and
decreased
loan
loss
provisions.
Earnings
also
reflect
higher
service
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jerome Dansker, 82 Chairman
and Exec. VP | $192K | Lowell Dansker, 50 Pres,
Treasurer | -- | Lawrence Bergman, 56 VP,
Sec. | -- | John Arvonio, 38 CFO,
Sr. VP, and Secretaey of Intervest National Bank | -- | Petra Coover, 54 Sr.
VP of Lending of Intervest Bank | -- | 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
|
|