| Business Summary | | Pennsylvania
Commerce
Bancorp,
Inc.
is
the
holding
company
of
Commerce
Bank/Harrisburg,
N.A.
Commerce
Bank
provides
a
full
range
of
retail
and
commercial
banking
services
for
consumers
and
small
and
mid-sized
companies.
The
Bank
offers
its
lending
and
depository
services
from
its
Main
Office
in
Camp
Hill,
Pennsylvania,
and
its
12
full-service
branch
offices
located
in
Cumberland,
Dauphin,
York,
and
Lebanon
Counties,
Pennsylvania.
As
of
December
31,
2000,
the
Company
had
approximately
$480
million
in
assets,
$447
million
in
deposits,
and
$295
million
in
total
loans. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | COBH,
a
national
banking
association,
provides
a
full
range
of
retail/commercial
banking
services
for
consumers
and
small
and
mid-sized
companies.
For
the
three
months
ended
3/01,
total
interest
income
rose
34%
to
$9.1
million.
Net
interest
income
after
loan
loss
prov.
rose
22%
to
$4.6
million.
Net
income
applicable
to
Common
rose
20%
to
$903
thousand.
Net
interest
income
reflects
higher
earning
assets,
partially
offset
by
a
higher
cost
of
funds.
Net
income
reflects
higher
benefits. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
after
tax
earnings
were
1,068. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Gary Nalbandian, 58 Chairman | -- | -- | James Gibson, 45 Pres,
CEO, Director | $286K | $92K | Vernon Hill II, 55 Vice
Chairman | -- | -- | Mark Zody, 37 Exec.
VP, CFO | 112K | 39K | Rory Ritrievi, 37 Exec.
VP of Commerce | 170K | -- | 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
|
|