| Business Summary | | Provident
Financial
Group,
Inc.
is
a
commercial
banking
and
financial
services
company
with
full-service
banking
operations
in
Ohio,
northern
Kentucky
and
southwestern
Florida.
Provident
also
provides
commercial
financing,
equipment
leasing
and
mortgage
lending
at
a
national
level.
As
of
December
31,
2000,
Provident
had
total
assets
of
$13.9
billion,
loans
and
leases
of
$9.1
billion,
deposits
of
$8.8
billion
and
shareholders'
equity
of
$991
million.
Provident
manages
an
additional
$5.8
billion
of
loans
and
leases
that
have
been
sold
with
servicing
retained.
Provident
conducts
its
banking
operations
through
The
Provident
Bank.
Major
business
lines
include
Commercial
Banking,
Retail
Banking
and
Mortgage
Banking. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Provident
Financial
Group
Inc.,
is
a
bank
holding
company
for
The
Provident
Bank
and
Provident
Bank
of
Florida.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
25%
to
$567.9
million.
Net
interest
income
after
loan
loss
prov.
rose
5%
to
$175.9
million.
Earnings
applicable
to
Common
fell
3%
to
$59.2
million.
Net
interest
income
reflect
an
increase
in
interest
earning
assets
and
higher
interest
on
deposits.
Earnings
were
offset
by
the
absence
of
the
gain
on
loans
and
leases. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Hoverson, 59 Pres,
CEO, Director | $1.2M | Christopher Carey, 46 CFO,
Exec. VP | 638K | Philip Myers, 58 Exec.
VP | 872K | Mark Magee, 52 VP,
Sec. and Gen. Counsel | 297K | 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
|
|