| | Business Summary | | CPB
Inc.
is
a
bank
holding
company
organized
to
serve
as
the
holding
company
of
Central
Pacific
Bank
(the
Bank).
The
Bank
is
a
full-service
commercial
bank,
which
currently
has
24
banking
offices
and
76
ATMs
located
throughout
the
State
of
Hawaii.
Through
its
network
of
banking
offices,
the
Bank
emphasizes
personalized
services
and
offers
a
full
range
of
banking
services
to
small-
and
medium-sized
businesses,
professionals
and
individuals
in
Hawaii.
The
Bank
offers
a
variety
of
deposit
instruments.
These
include
personal
and
business
checking
and
savings
accounts,
including
interest-bearing
negotiable
order
of
withdrawal
(NOW)
accounts,
money
market
accounts
and
time
certificates
of
deposit.
Lending
activities
include
granting
of
commercial,
consumer
and
real
estate
loans. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | CPB,
Inc.
is
the
holding
Company
for
Central
Pacific
Bank,
a
full
service
commercial
bank
with
24
branches
in
the
State
of
Hawaii.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
12%
to
$67
million.
Net
interest
income
after
loan
loss
provision
rose
10%
to
$36.2
million.
Net
income
rose
18%
to
$11.1
million.
Net
interest
income
reflects
higher
loan
balances,
partially
offset
by
increased
borrowings.
Earnings
benefited
from
higher
net
securities
gains. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Joichi Saito, 65
Chairman,
CEO | $546K | Naoaki Shibuya, 59
Pres,
Director | 384K | Paul Devens, 69
Vice
Chairman | -- | Neal Kanda, 52
VP,
Treasurer | 253K | Austin Imamura, 54
VP,
Sec. | 292K | | 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/cpbi.gif)