| Business Summary | | City
National
Corporation,
through
its
primary
subsidiary,
City
National
Bank
(the
Bank),
provides
private
and
business
banking,
including
investment
and
trust
services,
primarily
in
the
California
market.
The
Bank's
principal
client
base
comprises
small-
to
mid-size
businesses,
entrepreneurs,
professionals
and
affluent
individuals.
The
Bank
typically
serves
clients
through
relationship
banking.
The
Company
offers
a
broad
range
of
loans,
deposit,
cash
management,
international
banking
and
other
products
and
services,
and
lends,
invests
and
provides
services
in
accordance
with
its
Community
Reinvestment
Act
commitment.
Through
City
National
Investments
and
Reed,
Conner
and
Birdwell,
LLC.,
the
Company
offers
personal
and
employee
benefit
trust
and
estate
services.
The
Bank
also
manages
and
offers
mutual
funds
under
the
name
of
CNI
Charter
Funds. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CYN,
a
holding
company
for
City
National
Bank,
serves
professional
and
business
borrowers
and
associated
individuals
with
commercial
banking
and
fiduciary
needs.
For
the
six
months
ended
6/01,
total
interest
income
rose
5%
to
$320.7
million.
Net
interest
income
after
loss
prov.
rose
2%
to
$196
million.
Net
income
rose
9%
to
$69.9
million.
Results
reflect
higher
average
loans
outstanding,
partially
offset
by
a
higher
loan
loss
prov.
Net
income
reflects
higher
trust
and
investment
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Bram Goldsmith, 78 Chairman | $1.0M | -- | George Benter, Jr, 59 Pres | 736K | $1.0M | Russell Goldsmith, 51 CEO
and Vice Chairman | 1.8M | -- | Frank Pekny, 57 CFO,
Exec. VP, Treasurer | 659K | 731K | Michael Cahill Exec.
VP, Gen. Counsel, Sec. | -- | -- | 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
|
|