| Business Summary | | First
West
Virginia
Bancorp,
Inc.
is
a
bank
holding
company
that
operates
through
its
two
wholly
owned
banking
subsidiaries:
Progressive
Bank,
N.A.
in
Wheeling,
West
Virginia;
and
Progressive
Bank,
N.A.
-
Buckhannon,
in
Buckhannon,
West
Virginia.
The
Banks
operate
seven
full
service
branches
located
West
Virginia
and
Ohio.
Primary
deposit
products
consist
of
checking
accounts,
savings
accounts,
and
certificates
of
deposit.
Primary
lending
products
consist
of
commercial
and
residential
real
estate
loans,
consumer
loans,
and
business
loans. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | First
West
Virginia
Bancorp
is
a
bank
holding
company
operating
two
bank
subsidiaries
under
the
name
of
Progressive
Bank,
N.A.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
6%
to
$7.6
million.
Net
interest
income
after
loan
loss
provision
rose
5%
to
$3.8
million.
Net
income
rose
4%
to
$1.2
million.
Results
reflect
increased
average
loan
and
securities
balances,
partially
offset
by
lower
net
securities
gains
and
increased
stationery
and
postage
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Laura Inman, 59 Chairman | -- | Charles Graham, 55 Pres,
CEO | $1.5M | Beverly Barker, 47 Exec.
VP, Treasurer | 6.6M | Connie Tenney, 45 VP | -- | David Yeager, 45 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
|
|