| Business Summary | | Bay
View
Capital
Corporation
is
a
bank
holding
company
whose
primary
subsidiary
is
Bay
View
Bank,
N.A.,
a
commercial
bank
that
operates
57
full-service
branches
throughout
the
greater
San
Francisco
Bay
Area.
The
Company's
principal
business
activity
as
a
commercial
bank
is
to
earn
interest
on
loans,
leases
and
investment
securities
that
are
funded
by
customer
deposits
and
other
borrowings.
The
difference
between
interest
received
and
interest
paid
comprises
the
majority
of
the
Company's
operating
earnings.
Bay
View's
primary
lending
activities
consist
of
multi-family
and
commercial
real
estate
lending,
consumer
auto
and
home
equity
lending,
and
commercial
business
financing.
The
Company's
branch
network
provides
personalized
banking
services
to
individuals
and
businesses
and
is
the
significant
source
of
funding
for
its
lending
operations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BVC
is
a
bank
holding
company
that
operates
57
full
service
branches
in
the
San
Francisco
Bay
Area.
For
the
six
months
ended
6/30/01,
total
interest
income
fell
22%
to
$178.6
million.
Net
interest
income
after
loan
loss
prov.
fell
96%
to
$2.5
million.
Net
loss
totaled
$103.3
million
vs.
an
income
of
$722
thousand.
Results
reflect
lower
interest
earning
assets,
a
higher
loan
loss
provision,
$10
million
in
restructuring
costs
and
$70
million
in
costs
associated
with
the
revaluation
of
franchise-related
assets. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John McKean, 70 Chairman | -- | Robert Goldstein, 60 Pres,
CEO | -- | John Rose CFO | -- | James Badame, 57 Pres,
Bay View Acceptance Corp. | -- | Matthew Carpenter, 41 COO,
Exec. VP | $454K | 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
|
|