| Business Summary | | Royal
Bancshares
of
Pennsylvania,
Inc.
serves
as
the
bank
holding
company
for
Royal
Bank
of
Pennsylvania.
The
principal
activities
of
the
Company
are
owning
and
supervising
the
Bank,
which
engages
in
a
general
banking
business
in
Montgomery
County,
Pennsylvania.
The
Company
also
has
a
wholly
owned
nonbank
subsidiary,
Royal
Investments
of
Delaware,
Inc.,
which
is
engaged
in
investment
activities.
At
December
31,
2000,
the
Company
had
consolidated
total
assets
of
approximately
$630.1
million,
total
deposits
of
approximately
$472.6
million
and
stockholders'
equity
of
approximately
$103.5
million.
The
Bank
derives
its
income
principally
from
interest
charged
on
loans
and
interest
on
investment
securities
and
fees
received
in
connection
with
the
origination
of
loans
and
other
services.
Operating
revenues,
deposit
growth
and
the
repayment
of
outstanding
loans
principally
provide
funds
for
activities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Royal
Bancshares
of
PA,
Inc.
is
the
bank
holding
company
for
Royal
Bank
and
Royal
Investments.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
7%
to
$29.7
million.
Net
interest
income
after
loan
loss
prov.
rose
1%
to
$17.2
million.
Net
income
rose
9%
to
$7.7
million.
Net
interest
income
reflects
higher
average
loan
and
investment
balances,
partially
offset
by
higher
certificates
of
deposit
balances.
Earnings
reflect
increased
service
fees
and
a
lower
effective
tax
rate. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Daniel Tabas, 77 Chairman | $689K | $636.7K | Joseph Campbell, 54 Pres,
CEO | 488K | 6.2K | Robert Tabas, 45 Vice
Chairman | 201K | 61.4K | James McSwiggan, 45 CFO,
VP, Treasurer, Director | 266K | 6.2K | Murray Stempel, III, 45 Sr.
VP, Sr. Lender, Director | -- | -- | 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
|
|