| Business Summary | | LSB
Corporation,
a
bank
holding
company,
has
served
Northeastern
Massachusetts
and
Southern
New
Hampshire
since
1868.
LSB
offers
both
personal
and
business
banking
services.
Personal
banking
services
offered
by
LSB
include
deposit
accounts,
loan
accounts,
24-hour
banking
services
and
more.
LSB
provides
business
services
including
online
banking,
checking,
online
check
ordering,
cash
management,
commercial
loans
and
credit
lines,
merchant
services
and
retirement
plans.
LSB
also
offers
SBA
loans
to
provide
assistance
for
small
growing
businesses. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | LSB
Corporation,
a
holding
company,
is
a
stock
savings
bank
that
provides
consumer
and
commercial
services
to
businesses
in
MA.
For
the
six
months
ended
6/30/01,
interest
income
rose
4%
to
$14.7
million.
Net
interest
income
after
LLP
rose
1%
to
$6.4
million.
Net
income
fell
12%
to
$1.6
million.
Net
interest
income
reflects
increased
interest-earning
assets,
partially
offset
by
higher
interest
expenses.
Earnings
reflect
higher
non-interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | John
P. Ford,
Chmn. Paul
A. Miller,
Pres./CEO John
E. Sharland,
Sr. VP/CFO/Treas. Valerie
G. Salmonsen,
VP/Contr. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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