| Business Summary | | Wayne
Bancorp,
Inc.
is
a
multi-bank
holding
company.
Its
bank
subsidiaries,
Wayne
County
National
Bank
(WCNB)
and
Chippewa
Valley
Bank,
conduct
general
commercial
and
retail
banking
business,
while
the
Company's
non-banking
subsidiary,
MidOhio
Data,
Incorporated,
performs
proof
operations
for
WCNB.
The
Company
offers
a
wide
range
of
commercial
and
personal
banking
services,
primarily
to
its
customers
in
Wayne,
Holmes,
Medina
and
Stark
counties,
in
Ohio.
These
services
include
a
broad
range
of
loan,
deposit
and
trust
products,
retail
investments
and
various
miscellaneous
services.
Loan
products
include
commercial
and
commercial
real
estate
loans,
a
variety
of
mortgage
and
construction
loan
products,
installment
loans,
home
equity
lines
of
credit,
lines
for
overdraft
protection
and
lease
financings.
Deposit
products
include
interest-
and
non-interest-bearing
checking
accounts,
various
savings
accounts,
certificates
of
deposit
and
IRA's. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | WNNB
is
a
bank
holding
company
for
Wayne
County
National
Bank,
Chippewa
Valley
Bank
and
MidOhio
Data,
Inc.,
with
23
offices
in
Ohio.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
3%
to
$20.7
million.
Net
interest
income
after
loan
loss
provision
rose
6%
to
$11.6
million.
Net
income
rose
7%
to
$4.2
million.
Results
reflect
increased
earning
asset
balances
due
to
growth
of
the
loan
portfolio
and
increased
service
charges
and
fees
on
deposit
accounts. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David Christopher, 60 Chairman | $362K | David Boyle, 37 Pres,
CEO | 200K | Philip Swope, 58 Vice
Chairman | 176K | F. Bill Damron, 62 VP | 199K | Jimmy Vaughn, 59 Sec. | 151K | 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
|
|