| Business Summary | | UNB
Corp.,
a
financial
holding
company
incorporated
in
1983,
is
engaged
in
commercial
and
retail
banking
through
its
subsidiary
bank,
United
National
Bank
&
Trust
Co.
(the
Bank).
The
Bank
is
a
full-service
banking
organization
with
21
banking
offices,
offering
a
wide
range
of
commercial,
retail
and
fiduciary
banking
services
primarily
to
customers
in
northern
Stark,
southern
Summit
and
western
Wayne
Counties
of
Ohio.
The
Bank's
Aircraft
Finance
Group,
which
generates
loans
nationally,
maintains
a
local
sales
office
in
Stark
County,
as
well
as
three
regional
offices
in
Sacramento,
California;
Orlando,
Florida;
and
Wichita,
Kansas.
United
Banc
Financial
Services,
Inc.,
another
subsidiary
of
the
Company,
operates
a
loan
office
in
Stark
County.
As
of
December
31,
2000,
UNB
Corp.
and
its
affiliates
had
total
consolidated
assets
of
$1,053.9
million
and
total
consolidated
shareholders'
equity
of
$75.9
million. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | UNB
Corp.
is
a
bank
holding
company
for
the
United
National
Bank
and
Trust
Company.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
7%
to
$41.3
million.
Net
interest
income
after
loan
loss
prov.
rose
7%
to
$19.7
million.
Net
income
before
acct.
change
rose
8%
to
$8
million.
Net
interest
income
reflects
an
increase
in
loan
portfolio
and
lower
interest
on
short
term
borrowings.
Higher
income
reflects
higher
gains
on
the
sale
of
loans. | More
from
Market Guide: Significant
Developments |
| | | | FY1998
Compensation | | Pay | Exer | |
| Roger Mann, 56 Chairman,
Pres, CEO | $265K | -- | E. D'Atri, 60 Vice
Chairman | -- | -- | James Pennetti VP
and Treasurer | 167K | $123K | Robert Sweeney Sec. | 147K | -- | Charles Berry Sr.
VP, CFO United National Bank & Trust Co. | 117K | -- | Dollar amounts are as of 31-Dec-1998 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
|
|