| Business Summary | | Provident
Bankshares
Corporation
is
a
bank
holding
company
that
offers
a
wide
range
of
banking
services
through
its
wholly
owned
subsidiary,
Provident
Bank
(the
Bank),
and
its
subsidiaries.
Product
offerings
include
deposit
products,
cash
management
services,
commercial
and
consumer
loans
and
personal
investment
products.
The
Bank
offers
related
financial
services
through
its
wholly
owned
subsidiaries
Provident
Mortgage
Corp.,
Provident
Investment
Center,
Inc.
and
BankSure
Insurance
Company,
such
as
mortgage
lending
products,
purchased
annuities
and
mutual
funds
and
insurance
products
to
the
Bank's
loan
customers.
Services
are
provided
through
a
network
of
98
offices
and
165
ATMs
located
primarily
in
the
greater
Baltimore/Washington
metropolitan
area,
northern
Virginia
and
southern
Pennsylvania. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Provident
Bankshares
Corp.
is
a
bank
holding
company
for
Provident
Bank
of
MD,
with
98
offices
in
the
greater
Baltimore/Washington
metropolitan
area
and
Southern
PA.
For
the
six
months
ended
6/30/01,
total
interest
income
fell
6%
to
$186.7
million.
Net
interest
income
after
loan
loss
provision
fell
1%
to
$58.7
million.
Net
income
before
extraordinary
item
and
acct.
change
fell
less
than
1%
to
$19.4
million.
Results
reflect
lower
earning
asset
balances,
partially
offset
by
service
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Peter Martin, 63 Chairman,
CEO | $696K | $55K | Gary Geisel, 52 Pres,
COO | 309K | -- | Dennis Starliper, 52 CFO,
Exec. VP of the Bank | 256K | -- | Herbert Jorgensen, 71 Chairman
and CEO of Citizens Savings | -- | -- | Enos Fry, 57 Group
Mang. - Washington Metro Area, of the Bank | -- | -- | 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
|
|