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  September 5, 2001
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Home > Company Index > Banking > Banking - Southeast > Fidelity Bankshares, Inc.

Fidelity Bankshares, Inc.
Nasdaq: FFFL
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 PROFILE
Fidelity Bankshares is the holding company for Fidelity Federal Bank & Trust (formerly Fidelity Federal Savings Bank of Florida), which serves the southeastern part of the state with more than 35 branches. As national banking institutions dominate the market, the bank focuses on community-oriented services, targeting individuals and small to midsized businesses by offering traditional deposit options. One- to four-family mortgages make up about 75% of its loan portfolio, which also includes commercial real estate, construction, consumer, and SBA loans. Bank subsidiaries sell insurance and provide appraisal services.

 COMPETITION
BankAtlantic Bancorp, Inc. (BBX)
Seacoast Banking Corporation of Florida (SBCFA)
Wachovia Corporation (WB)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 145.50
1-Yr. Sales Growth: 17.4%
Employees: 602
Revenue per employee: $241,694.35

 KEY PEOPLE
• Vince A. Elhilow
    CEO
• Richard D. Aldred
    CFO

 CONTACT INFO
218 Datura St.
West Palm Beach, FL 33401
US
Phone: 561-659-9900
Fax: 561-659-9992
Online: Web Site

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