| Business Summary | | Alliance
Financial
Corporation
is
the
parent
holding
company
of
Alliance
Bank
N.A.
(the
Bank).
The
Company
offers
full-service
banking
with
a
broad
range
of
financial
products
to
meet
the
needs
of
its
commercial,
retail,
government
and
trust
customers.
Depository
account
services
include
interest-
and
non-interest-bearing
checking
accounts,
money
market
accounts,
savings
accounts,
time
deposit
accounts
and
individual
retirement
accounts.
The
Company's
lending
activities
include
the
making
of
residential
and
commercial
mortgage
loans,
business
lines
of
credit
and
business
term
loans,
working
capital
facilities
and
accounts
receivable
financing
programs,
as
well
as
installment
loans,
home
equity
loans,
student
loans
and
personal
lines
of
credit
to
individuals.
The
Bank
is
a
member
of
the
Federal
Reserve
System
and
the
Federal
Home
Loan
Bank
System,
and
deposits
are
insured
by
the
Federal
Deposit
Insurance
Corporation,
up
to
applicable
limits. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Alliance
Financial
Corp.,
a
bank
holding
company
for
Alliance
Bank,
provides
full
service
banking
with
a
broad
range
of
financial
products.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
10%
to
$21.1
million.
Net
interest
income
after
loan
loss
provision
fell
5%
to
$9.3
million.
Net
income
fell
8%
to
$2.5
million.
Net
interest
income
reflects
an
increase
in
average
earning
assets,
offset
by
higher
interest
on
deposits
and
increased
salary
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Mott Chairman,
CEO | $254K | David Alvord, 60 Pres,
Director | 285K | David Kershaw, 52 CFO,
Treasurer | 148K | Donald Ames, 58 Sec.,
Director | -- | James Getman, 53 Exec.
VP and Sr. Lending Officer of the Bank | 118K | 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
|
|