| Business Summary | | First
Bell
Bancorp,
Inc.
.
is
the
holding
company
for
Bell
Federal
Savings
and
Loan
Association
of
Bellevue
(the
Association).
The
principal
business
of
the
Company
is
to
operate
a
traditional
customer-oriented
savings
and
loan
association,
subject
to
regulation
by
the
Office
of
Thrift
Supervision.
The
Association
attracts
retail
deposits
from
the
general
public
and
invests
those
funds
in
various
types
of
loans:
fixed-rate,
adjustable-rate,
owner-occupied,
conventional
mortgage,
residential
construction,
multi-family,
home
equity
and
consumer.
The
Company's
revenues
are
derived
principally
from
interest
on
conventional
mortgage
loans,
interest
and
dividends
on
investment
securities,
short-term
investments
and
service
charges.
The
Association's
primary
sources
of
funds
are
deposits
and
borrowings.
The
Association's
primary
market
area
is
in
Allegheny
County
and
parts
of
Beaver,
Butler,
Washington
and
Westmoreland
Counties,
in
Pennsylvania. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | First
Bell
Bancorp,
Inc.
is
a
bank
holding
company
for
the
Bell
Federal
Savings
and
Loan
Association
of
Bellevue.
For
the
six
months
ended
6/30/01,
interest
income
fell
3%
to
$25.5
million.
Net
interest
income
after
LLP
fell
35%
to
$4.3
million.
Net
income
fell
22%
to
$3
million.
Net
interest
income
reflects
decreased
interest
on
mortgage
securities
and
higher
interest
on
deposits.
Earnings
were
partially
offset
by
an
increase
in
gains
on
the
sale
of
loans
and
investments. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Albert Eckert, ll, 68 Pres,
CEO | $306K | Jeffrey Hinds, 43 CFO,
Exec. VP, Director | 197K | David Figgins, 70 VP,
Director | -- | William McMinn, 44 Treasurer,
Director | -- | Robert Baierl, 51 Sec.,
Director | -- | 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
|
|