| Business Summary | | Harbor
Bank
is
a
state
chartered
bank
that
operates
three
locations
in
Newport
News,
Virginia. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Harbor
Bank
is
a
state
chartered
bank
that
operates
three
locations
in
Newport
News,
Virginia.
For
the
three
months
ended
3/31/00,
total
interest
income
rose
63%
to
$2
million.
Net
interest
income
after
loan
loss
provision
rose
57%
to
$914
thousand.
Net
income
totaled
$221
thousand,
up
from
$34
thousand.
Net
interest
income
reflects
increased
earning
asset
balances,
partially
offset
by
a
higher
loan
loss
provision.
Earnings
benefitted
from
lower
marketing
expenses. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Gordon Gentry Jr. | Chairman,
Pres, CEO | Roy Stallings | Exec.
VP | Geoffrey Warner | Sr.
VP, CFO | Linda Shepard | Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|