| Business Summary | | FNB
Corp.
(NC)
is
the
bank
holding
company
of
First
National
Bank
and
Trust
Company
(the
Bank),
a
national
banking
association
founded
in
1907.
The
Bank,
a
full-service
commercial
bank,
currently
conducts
all
of
its
operations
in
Chatham,
Montgomery,
Moore,
Randolph,
Richmond
and
Scotland
counties
in
North
Carolina.
Some
of
the
major
banking
services
offered
include
regular
checking
accounts,
interest
checking
accounts
(including
package
account
versions
that
offer
a
variety
of
products
and
services),
money
market
accounts,
savings
accounts,
certificates
of
deposit,
holiday
club
accounts,
individual
retirement
accounts,
debit
cards,
credit
cards
and
loans,
both
secured
and
unsecured,
for
business,
agricultural
and
personal
use.
Other
services
offered
include
Internet
banking,
cash
management,
investment
and
trust
services.
The
Bank
also
has
automated
teller
machines
and
is
a
member
of
Plus,
a
national
teller
machine
network,
and
Star,
a
regional
network. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FNB
Corp.
is
the
holding
company
for
First
National
Bank
and
Trust
Company,
a
federally
chartered
bank
in
central
NC.
For
the
six
months
ended
6/30/01,
interest
income
rose
5%
to
$21.2
million.
Net
interest
income
after
loan
loss
prov.
rose
1%
to
$9.6
million.
Net
income
totaled
$3.3
million,
up
from
$506
thousand.
Net
interest
income
reflects
increased
earning
assets,
partially
offset
by
declined
net
interest
margin.
Earnings
benefitted
form
the
absence
of
merger
related
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael Miller, 50 Chairman
and Pres | $247K | Jerry Little, 57 Treasurer
and Sec. of the Company and Sr. VP and Sec. of the Bank | 115K | R. Larry Campbell, 56 Sr.
VP 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|