| Business Summary | | F.N.B.
Corporation
is
a
bank
holding
company
that
operates
in
two
business
segments:
community
banking
and
insurance
agencies.
As
of
December
31,
2000,
the
Company
owned
and
operated
eight
community
banks
and
one
consumer
finance
company
in
Pennsylvania,
southwestern
Florida,
northern
and
central
Tennessee,
eastern
Ohio
and
southwestern
Kentucky.
The
Company
also
owns
two
insurance
agencies
in
northwestern
Pennsylvania
and
three
in
southwestern
Florida.
In
recent
years,
the
Company
has
expanded
its
market
presence
in
southwest
Florida
through
affiliations
with
community
banks
located
primarily
between
Naples
and
Clearwater,
Florida.
The
Company,
through
its
subsidiaries,
currently
operates
151
offices
in
Pennsylvania,
southwestern
Florida,
northern
and
central
Tennessee,
eastern
Ohio
and
southwestern
Kentucky. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FBAN
is
a
financial
services
holding
company
that
operates
a
total
of
151
offices
in
five
states,
FL,
PA,
OH,
KY
and
TN.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
5%
to
$153.1
million.
Net
interest
income
after
LLP
rose
5%
to
$78.3
million.
Net
income
applicable
to
Common
fell
19%
to
$17.1
million.
Net
interest
income
reflects
an
increase
in
interest
earning
assets.
Earnings
reflect
an
increase
in
salaries
and
benefits. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Peter Mortensen, 65 Chairman | $956K | -- | Gary Tice, 54 Pres,
CEO, Director | 692K | $79K | Stephen Gurgovits, 57 Vice
Chairman | 489K | -- | William Rundorff, 52 Exec.
VP | 326K | -- | John Waters, 54 VP
and CFO | 299K | -- | 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
|
|