LSB Corp.
30 Massachusetts Avenue
North Andover,
MA 01845
Phone: 978-725-7500
Fax: 978-725-7593
Web Site: http://www.riverbk.com
| REUTERS ABRIDGED BUSINESS SUMMARY | |
| LSB Corporation operates as the bank holding company for River Bank that offers various financial products to the general public in the Merrimack Valley in northeastern Massachusetts and southern New Hampshire. It offers various deposit products, including savings accounts, negotiable order of withdrawal (NOW) and super NOW accounts, money market accounts, certificates of deposit, checking accounts, and individual retirement accounts. The companys loans portfolio comprises loans secured by real estate other than one-to four-family residential properties; fixed and adjustable rate residential mortgages; secondary mortgage loans; home equity loans; commercial real estate loans secured by various income properties, commercial facilities, and small businesses; and commercial businesses loans. Its loan portfolio also includes construction loans for land development, construction of residential homes built on speculation, construction of homes for homeowners with permanent financing, and construction of commercial facilities; and consumer loan products, including overdraft lines of credit, collateral loans, and secured and unsecured personal loans. As of December 31, 2008, the company had seven banking offices in the communities of Andover, Lawrence, Methuen, and North Andover, Massachusetts; and Salem and Derry, New Hampshire. LSB Corporation was founded in 1868 and is based in North Andover, Massachusetts. |
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| Key Statistics | More from Reuters
Expanded Business Description |
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| REUTERS ABRIDGED FINANCIAL SUMMARY | |
| | Pay | Exercised | Mr. Gerald T. Mulligan , 63
Chief Exec. Officer, Pres, Director, Member of Exec. Committee, Chief Exec. Officer of River Bank, Pres of River Bank of River Bank |
$
348.00K | N/A | Mr. Stephen B. Jones , 55
Exec. VP of Retail Banking and Exec. VP of Retail Banking - River Bank |
$
166.00K | N/A | Mr. Michael J. Ecker , 57
Chief Lending Officer, Exec. VP, Assistant Treasurer, Chief Lending Officer of River Bank and Exec. VP of River Bank |
$
163.00K | N/A | Mr. Diane L. Walker , 45
Chief Financial Officer, Principal Accounting officer, Exec. VP, Treasurer, Chief Financial Officer of River Bank, Exec. VP of River Bank and Treasurer of River Bank |
N/A
| N/A | Ms. Cynthia J. Milne ,
Sec. |
N/A
| N/A |
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Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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0.05 (0.45%)
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