| Business Summary | | Sterling
Bancshares,
Inc.
is
a
bank
holding
company
that
provides
commercial
and
retail
banking
services
primarily
in
the
Houston
metropolitan
area
through
the
banking
offices
of
Sterling
Bank,
a
banking
association
chartered
under
the
laws
of
the
State
of
Texas.
The
Company
also
provides
mortgage
banking
services
through
its
80%
owned
subsidiary,
Sterling
Capital
Mortgage
Company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SBIB,
a
bank
holding
company,
provides
commercial
and
retail
banking
services
primarily
in
the
Houston
metropolitan
area.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
6%
to
$80.3
million.
Net
interest
income
after
loan
loss
prov.
rose
14%
to
$50.1
million.
Net
income
rose
13%
to
$14.3
million.
Net
interest
income
reflects
increased
average
loans
and
higher
interest
margin.
Higher
income
was
partially
offset
by
increased
salaries
and
benefit
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| George Martinez, 58 Chairman | $322K | -- | J. Downey Bridgwater, 42 Pres,
Director | 239K | -- | Eugene Putnam, Jr. CFO,
Exec. VP | -- | -- | Daryl Bohls, 55 Exec.
VP and CCO | 169K | $114K | Glenn Rust, 45 Exec.
VP - Operations and Technology | 171K | -- | Dollar
amounts are as of 31-Dec-1999 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
|
|