| Business Summary | | TriCo
Bancshares
is
the
holding
company
for
Tri
Counties
Bank
(the
Bank).
The
Bank
operates
30
branch
offices
and
seven
in-store
branch
offices
in
the
California
counties
of
Butte,
Del
Norte,
Glenn,
Kern,
Lake,
Lassen,
Madera,
Mendocino,
Merced,
Nevada,
Sacramento,
Shasta,
Siskiyou,
Stanislaus,
Sutter,
Tehama,
Tulare
and
Yuba.
The
Bank
conducts
a
commercial
banking
business
that
includes
accepting
demand,
savings
and
time
deposits
and
making
commercial,
real
estate
and
consumer
loans.
It
also
offers
installment
note
collection,
issues
cashier's
checks
and
money
orders,
sells
travelers
checks
and
provides
safe
deposit
boxes
and
other
customary
banking
services.
Brokerage
services
are
provided
at
the
Bank's
offices
by
the
Bank's
association
with
Raymond
James
Financial
Services,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TCBK
is
a
bank
holding
company
for
Tri
Counties
Bank,
which
engages
in
commercial
banking
in
CA.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
2%
to
$37.5
million.
Net
interest
income
after
loan
loss
prov.
fell
2%
to
$21.3
million.
Net
income
fell
18%
to
$5.8
million.
Net
interest
income
after
LLP
reflects
a
lower
net
interest
margin
and
the
charge-off
and
sale
of
a
$2
million
agricultural-related
loan.
Net
income
also
reflects
higher
personnel,
telephone
and
legal
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Casey, 56 Chairman | -- | Richard Smith, 43 Pres,
CEO, Director | $321K | Donald Murphy, 65 Vice
Chairman | -- | Robert Steveson, 64 Vice
Chairman | 620K | Thomas Reddish, 41 CFO,
VP | -- | 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
|
|