| | Business Summary | | Area
Bancshares
Corp.,
a
bank
holding
company
headquartered
in
Kentucky,
is
a
$2.77
billion
multi-bank
holding
company.
The
Company
owns
two
banks
and
a
trust
company
conducting
business
in
offices
throughout
Kentucky.
The
banking
affiliates
provide
a
wide
range
of
financial
services
while
the
trust
company
offers
comprehensive
trust
and
investment
services
to
a
broad
range
of
companies
and
individuals. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Area
Bancshares.
is
a
multi-bank
holding
company
for
13
commercial
banks
in
Kentucky.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
5%
to
$103
million.
Net
interest
income
after
loan
loss
prov.
rose
5%
to
$53.3
million.
Net
income
before
acct.
change
fell
34%
to
$15.4
million.
Net
interest
income
reflects
an
increase
in
interest
earning
assets.
Earnings
sufferred
from
the
absence
of
$15.6
million
in
security
gains. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| C. Gatton, 69
Chairman,
Director | -- | Thomas Brumley, 62
Pres,
CEO, Director | $336K | Raymond McKinney, 68
Vice
Chairman, Director | -- | Edward Vega, 53
CFO,
Sr. VP | 64K | John Ray, 45
COO,
Exec. VP | 206K | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/a/area.gif)