| Business Summary | | Staten
Island
Bancorp
Inc.
serves
as
the
holding
company
for
SI
Bank
&
Trust
(the
Bank).
The
Bank
maintains
a
network
of
17
full-service
branch
offices
located
in
Staten
Island,
New
York,
two
branch
offices
located
in
Brooklyn,
New
York,
three
limited-service
branch
offices
in
Staten
Island,
and
11
full-service
branch
offices
in
the
New
Jersey
counties
of
Ocean,
Monmouth,
Union
and
Middlesex.
The
Bank
also
maintains
a
lending
center
and
Trust
Department
on
Staten
Island,
along
with
a
commercial
lending
office
in
Brooklyn.
The
Bank
is
primarily
engaged
in
attracting
deposits
from
the
general
public
and
businesses,
and
using
those
and
other
available
sources
of
funds
to
originate
loans
secured
primarily
by
single-family
(one-
to
four-unit)
residences
and,
to
a
lesser
extent,
commercial
loans,
both
secured
and
unsecured. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Staten
Island
Bancorp
is
the
holding
company
for
SI
Bank
and
Trust,
which
operates
30
full
service
branches
in
NY
and
NJ,
and
SIB
Mortgage
Corp.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
11%
to
$183.4
million.
Net
interest
income
after
LLP
rose
3%
to
$73.2
million.
Net
income
rose
14%
to
$29.2
million.
Net
interest
income
reflects
higher
real
estate
loan
balances,
partially
offset
by
a
higher
borrowing
costs.
Earnings
reflect
increased
mortgage
loan
fees
and
gains. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Harry Doherty, 58 Chairman
and CEO | $827K | James Coyle, 54 Pres,
COO | 591K | John Brady, 49 Exec.
VP and CLO of the Savings Bank | 257K | Edward Klingele, 48 Sr.
VP and CFO | 232K | Frank Besignano, 46 Sr.
VP of Marketing, Bus. Devel. and Compliance | -- | 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
|
|