| Business Summary | | Cherokee
Banking
Company
is
the
bank
holding
company
of
Cherokee
Bank
(the
Bank)
of
Canton,
Georgia.
The
Bank
offers
personal
and
business
checking
accounts,
interest-bearing
checking
accounts,
savings
accounts
and
various
types
of
certificates
of
deposit.
Cherokee
Bank
also
offers
commercial
loans,
installment
and
other
consumer
loans,
home
equity
loans,
home
equity
lines
of
credit,
construction
loans
and
mortgage
loans.
In
addition,
the
Bank
provides
such
products
and
services
as
official
bank
checks
and
money
orders,
traveler's
checks,
Mastercard
and
Visa
credit
cards,
MasterMoney
debit
cards,
Internet
banking
and
bill-pay,
bank-by-mail,
direct
deposit
and
United
States
Savings
Bonds. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Cherokee
Banking
Company
is
the
bank
holding
company
of
Cherokee
Bank
-which
is
a
full
service
commercial
bank.
For
the
three
months
ended
3/31/01,
total
interest
income
totaled
$905
thousand,
up
from
$357
thousand.
Net
interest
income
after
loan
loss
provision
totaled
$420
thousand,
up
from
$145
thousand.
Net
income
totaled
$30
thousand,
vs.
a
loss
of
$172
thousand.
Results
reflect
increased
earning
asset
balances,
higher
interest
on
deposits,
and
increased
service
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Dennis Burnette, 54 Pres,
CEO, Director | $120K | A. Rick Roberts, III, 47 Sec.,
Director | -- | 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
|
|