| Business Summary | | Benchmark
Bankshares,
Inc.
is
the
holding
company
of
Benchmark
Community
Bank
(the
Bank).
The
Bank
has
nine
full-service
branch
offices
in
the
Towns
of
Kenbridge
and
Victoria
in
Lunenburg
County,
the
Town
of
Farmville
(two
offices)
in
Prince
Edward
County,
the
Town
of
Crewe
in
Nottoway
County,
the
Towns
of
South
Hill,
Clarksville,
and
Chase
City
in
Mecklenburg
County,
and
the
Town
of
Lawrenceville
in
Brunswick
County.
All
offices
are
located
in
Virginia.
The
Bank
offers
a
wide
range
of
banking
and
related
financial
services
to
individuals
and
small
to
medium-sized
businesses. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BMRB
is
a
bank
holding
company
which
offers
a
wide
range
of
banking
and
related
financial
services
to
individuals
and
small
to
medium
ranged
businesses.
For
the
three
months
ended
3/31/01,
interest
income
rose
13%
to
$4.3
million.
Net
interest
income
after
loan
loss
prov.
rose
8%
to
$2.1
million.
Net
income
rose
2%
to
$681
thousand.
Net
interest
income
reflects
higher
earning
assets,
partially
offset
by
a
higher
loss
provision.
Net
income
was
partially
offset
by
higher
benefits. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000
Compensation | | Pay | Exer | |
| R. Michael Berryman, 60 Chairman | -- | -- | Ben Watson, III, 57 Pres
and CEO | $145K | $5.6K | William Callis, 58 Vice
Chairman | -- | -- | Janice Pernell, 54 Treasurer-
Cashier | 100K | -- | Michael Walker, 50 Recording
Sec. of the Company & Sr. VP for Branch Admin. & Marketing & Recording Secy. of the B | 104K | -- | 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
|
|