| | Business Summary | | CB
Bancshares,
Inc.
is
a
bank
holding
company
that
conducts
business
through
its
three
wholly
owned
subsidiaries:
City
Bank
(the
Bank),
Datatronix
Financial
Services,
Inc.
(Datatronix)
and
O.R.E.,
Inc.
The
Bank
provides
full
commercial
banking
services
through
18
branches
on
the
island
of
Oahu,
one
branch
on
the
island
of
Hawaii,
and
two
branches
on
the
island
of
Maui.
These
services
include
receiving
demand,
savings
and
time
deposits,
making
commercial,
real
estate
and
consumer
loans,
financing
international
trade
activities,
issuing
letters
of
credit,
handling
domestic
and
foreign
collections,
selling
travelers'
checks
and
bank
money
orders
and
renting
safe
deposit
boxes.
Datatronix
offers
outsourcing
services
such
as
check
processing
to
banks,
thrifts,
credit
unions
and
other
financial
institutions
in
the
State
of
Hawaii
while
O.R.E.
Inc.
was
organized
for
the
primary
purpose
of
engaging
in
the
disposition
of
real
and/or
personal
property
that
are
encumbered
by
loans
of
the
Bank. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | CB
Bancshares
is
a
bank
holding
company
for
City
Bank,
a
state-chartered
commercial
bank,
City
Finance
and
Mortgage,
and
O.R.E.,
engaged
in
property
disposition.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
5%
to
$67
million.
Net
interest
income
after
loan
loss
prov.
rose
3%
to
$28
million.
Net
income
rose
14%
to
$5.9
million.
Results
reflect
a
higher
average
loan
balances,
increased
service
charges
on
deposit
accounts
and
higher
net
securities
gains. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Lionel Tokioka, 66
Chairman | -- | Ronald Migita, 59
CEO,
Pres | $455K | Dean Hirata, 43
CFO,
Sr. VP | 177K | Warren Kunimoto, 49
Sr.
vice Pres of the Bank | 149K | Richard Lim, 49
Pres
and chief Operating Officer of the Bank | 383K | | 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/c/cbbi.gif)