| Business Summary | | Centennial
Bancorp
is
a
bank
holding
company
with
two
wholly
owned
subsidiaries,
Centennial
Bank
and
Centennial
Mortgage
Co.
(Centennial
Mortgage).
Centennial
Bank
is
a
full-service
commercial
bank
that
provides
a
broad
range
of
depository
and
lending
services
to
commercial,
industrial
and
agricultural
enterprises,
as
well
as
financial
institutions,
governmental
entities
and
individuals.
Centennial
Bank's
primary
marketing
focus
is
on
small
to
medium-sized
businesses
and
on
professionals
in
those
communities.
Centennial
Mortgage
originates
conventional
and
federally
insured
residential
mortgage
loans
for
sale
in
the
secondary
market,
and
also
originates
and
administers
loans
for
the
acquisition,
development
and
construction
of
commercial
and
residential
real
estate.
Loans
originated
by
Centennial
Mortgage
are
generally
funded
by
and
booked
as
assets
of
Centennial
Bank. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Centennial
Bancorp,
a
bank
holding
company,
offers
commercial
financing
and
other
services
through
its
two
subsidiaries:
Centennial
Bank
and
Centennial
Mortgage
Co.
Interest
income
for
the
six
months
ended
6/30/01
rose
3%
to
$38.5
million.
Net
interest
income
after
loan
loss
prov.
fell
4%
to
$22
million.
Net
earnings
rose
3%
to
$6.8
million.
Net
interest
income
reflects
loan
growth,
offset
by
higher
interest
on
deposits
and
higher
LLP.
Earnings
reflect
increased
investment
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Richard Williams, 61 Chairman | $362K | $539K | Ted Winnowski, 59 Pres,
CEO, Director | 435K | -- | Robert Newburn, 69 Vice
Chairman | -- | -- | Neal McLaughlin CFO,
Exec. VP | -- | -- | Michael Paul, 45 Exec.
VP and Sr. Lending Officer of Centennial Bank | 150K | -- | 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
|
|