| | Business Summary | | SouthTrust
Corporation
is
a
regional
bank
holding
that
operates
through
its
subsidiary
bank,
SouthTrust
Bank,
and
its
non-banking
subsidiaries.
SouthTrust
operates
641
banking
offices
located
in
Alabama,
Georgia,
Florida,
North
Carolina,
South
Carolina,
Tennessee,
Mississippi
and
Texas.
SouthTrust
is
engaged
in
a
full
range
of
banking
services,
and
through
its
bank-related
subsidiaries,
also
offers
a
range
of
other
services
including
trust,
mortgage
banking,
leasing
and
brokerage
services.
The
Company
has
four
business
segments:
Commercial
Banking,
Regional
Banking,
Funds
Management
and
Other. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | SouthTrust
Corp.
is
a
bank
holding
company,
which
operates
641
banking
offices
throughout
AL,
GA,
FL,
NC,
SC,
TN,
MS
and
TX.
For
the
six
months
ended
6/30/01,
total
interest
income
fell
less
than
1%
to
$1.66
billion.
Net
interest
income
after
LLP
rose
4%
to
$676.4
million.
Earnings
rose
12%
to
$267.5
million.
Net
interest
income
reflects
an
increase
in
average
earning
assets
and
net
interest
margins.
Earnings
also
reflect
increased
deposit
accounts
and
mortgage
loan
production. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Wallace Malone, Jr., 64
Chairman,
Pres, CEO | $3.7M | $1.1M | Julian Banton, 60
Chairman,
Pres and CEO SouthTrust Bank, N.A. | 1.7M | 582K | William Patterson, 58
Exec.
VP | -- | -- | Alton Yother, 48
Sec.,
Treasurer and Controller | -- | -- | Thomas Coley, 58
Division
Pres of SouthTrust Bank | 732K | 103K | | 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/s/sotr.gif)