| Business Summary | | Northeast
Pennsylvania
Financial
Corp.
is
the
holding
company
for
First
Federal
Bank.
Through
the
Bank,
the
Company
provides
a
wide
range
of
banking
services
to
individual
and
corporate
customers
through
its
community
offices
in
Northeastern
and
Central
Pennsylvania.
The
Bank
serves
its
loan
customers
through
a
loan
production
office
located
in
Monroe
County,
Pennsylvania.
All
of
the
offices
are
full-service
and
offer
commercial
and
retail
products.
These
products
include
checking
accounts
(interest
and
non-interest
bearing),
savings
accounts,
certificates
of
deposit,
commercial
and
consumer
loans,
real
estate
loans,
and
home
equity
loans. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NEP
is
the
bank
holding
company
for
First
Federal
Bank,
a
federally
chartered
capital
stock
savings
bank.
For
the
nine
months
ended
6/30/01,
total
interest
income
rose
21%
to
$40.4
million.
Net
interest
income
after
LLP
rose
19%
to
$16
million.
Net
income
rose
4%
to
$3.6
million.
Results
reflect
higher
earning
asset
balances,
partially
offset
by
increased
interest
expense
to
FHLB
advances.
Earnings
reflect
higher
service
charges
and
trust
fee
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Thomas Kennedy, 56 Chairman | $170K | E. Beard, 49 Pres,
CEO, Director | 281K | Patrick Owens, Jr., 57 CFO,
Treasurer of the Company and the Bank & Sr. VP of the Bank | 114K | Allan Farias, 53 Sr.
VP, Corp. Retai Division | -- | Joseph Osiecki, 62 Sr.
VP, Corp. Retail Division | 112K | Dollar amounts are as of 30-Sep-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
|
|