| | Business Summary | | Chittenden
Corporation
is
a
bank
holding
company
that
engages
in
one
line
of
business,
that
of
providing
financial
services
through
its
banking
subsidiaries.
The
Company
is
the
holding
company
parent
and
owns
100%
of
the
outstanding
common
stock
of
Chittenden
Trust
Company,
Flagship
Bank
and
Trust
Company,
The
Bank
of
Western
Massachusetts
and
Chittenden
Connecticut
Corporation,
a
non-bank
mortgage
company.
As
of
December
31,
2000,
the
Company
had
total
consolidated
assets
of
approximately
$3.8
billion. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Chittenden
Corp.,
is
a
bank
holding
company
for
Chittenden
Trust,
Flagship
Bank
and
Trust,
The
Bank
of
Western
Massachusetts,
Chittenden
Connecticut,
and
Vermont
National
Bank.
For
the
six
months
ended
6/30/01,
total
interest
income
fell
5%
to
$136
million.
Net
interest
income
after
loan
loss
provision
fell
1%
to
$78.9
million.
Net
income
fell
1%
to
$28.8
million.
Results
reflect
lower
average
loan
balances
and
increased
salaries
expense. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Paul Perrault, 49
Chairman,
Pres and Chief Exec. Offcier | $742K | $107K | Kirk Walters, 45
CFO,
Exec. VP, Treasurer of the Company and CTC | 227K | -- | John Barnes, 45
Exec.
VP of the Company and CTC | 201K | -- | Lawrence DeShaw, 55
Exec.
VP of the Company and CTC | 228K | -- | John Kelly, 51
Exec.
VP of the Company and CTC | 228K | -- | | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/c/chz.gif)