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Home > Company Index > Banking > Banking - Northeast > Granite State Bankshares, Inc.

Granite State Bankshares, Inc.
Nasdaq: GSBI
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 PROFILE
Granite State Bankshares acts as the holding company for Granite Bank, which operates nearly 20 branches in southern New Hampshire. Targeting individuals and small to midsized business customers, the bank provides such standard retail services as checking, savings, and money market accounts; NOW accounts; individual retirement accounts; and certificates of deposit. Lending activities consist mostly of residential mortgage loans (about 60% of the bank's portfolio). The bank also provides commercial real estate, construction, commercial, and installment loans.

 COMPETITION
Andover Bancorp, Inc. (ANDB)
First Essex Bancorp, Inc. (FESX)
FleetBoston Financial Corporation (FBF)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 68.90
1-Yr. Sales Growth: 5.5%
Employees: 266
Revenue per employee: $259,022.56

 KEY PEOPLE
• Charles W. Smith
    CEO
• William G. Pike
    CFO

 CONTACT INFO
122 West St.
Keene, NH 03431
US
Phone: 603-352-1600
Fax: 603-358-5707
Online: Web Site

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