BNET Industries
Market Cap:$31.5M
Last Fiscal Year Sales:$62.4M
- Public
- US
Dow Jones Description
This City was built on cold hard cash. Founded in 1973 and headquartered in Lynnwood, Washington, CityBank (NASDAQ (CM): CTBK) is a provider of retail and commercial banking services. The company offers checking and savings accounts, stocks, bonds, mutual funds, certificates of deposit, individual retirement accounts and safe deposit services. Its loan portfolio consists predominately of residential home construction loans. CityBank has annual revenue of about $67.3 million and employs approximately 150 people. Recently, the company announced its completeion of the sale of its Diligenz, Inc. subsidiary.
Chairman, President & CEO
Conrad HansonNumber of Employees 151
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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Losses mount for City Bank
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City Bank loses $22.8M in Q2
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City Bank Signs Agreement with the FDIC and the State of Washington
News & Analysis
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city bank - All News and Analysis
National City Bank's 10 Biggest Mistakes
BNET
- 2008-10-30
Once highly-regarded in the banking industry, National City Bank became a national joke in a matter of months. The Cleveland-based institution is to be taken over by PNC Financial Group which is taking advantage of changes in federal tax law to make it easier to handle the...
NCC Optimistic While Considering Its Options
Seeking Alpha
- 2008-10-16
Todd Sullivan submits: At an event in Cleveland: National City Bank NCC CEO Peter Raskind said Wednesday that it’s “simply too soon to say” if the bank will avail itself of government assistance — and if it did, what the impact of that help would be. by Todd...
Analyst Reports for bebe Stores, Inc., Intersil Corporation, T-3 Energy Services Inc. and City Bank
- 2008-09-19
MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for bebe...
Are Bank Stocks Buyable?
Seeking Alpha
- 2008-09-10
The crisis among financials in general and banks in particular is one of the worst-kept secrets around. Less clear, however, is an appropriate investment strategy. Market veterans have seen many groups over the years recover from many crises and know the time to buy is when things still look bleak....
Fitch Affirms National City's Ratings; Outlook Remains Negative
- 2008-04-21
NEW YORK -- National City Corporation NCC has announced a sizeable capital raise of approximately $7.0 billion of Tier 1 capital from institutional shareholders and Corsair Capital. Fitch Ratings has affirmed the long- and short-term Issuer Default Ratings IDR of NCC and its subsidiary bank National City Bank at 'A'...
Tom Steves of Little Rock, senior vice president and marketing director for Twin City Bank
- 2007-07-02
Tom Steves of Little Rock, senior vice president and marketing director for Twin City Bank, was named 2007 Bank Marketer of the Year by the Arkansas chapter of the American Bankers Association Marketing Network.
Monetary maven
- 2005-11-01
Q What is the primary mission of the Federal Reserve, and what is its focus as a financial body? A The United States Congress created the Federal Reserve System in 1913 and charged it with the responsibility to foster a sound banking system and a healthy economy. Q What are...
National residential lenders—top 30
- 2005-07-01
National Residential Lenders--Top 30 First-Quarter 2005 / Sort Order: Total Loan Amount ...
Fifth Third Bank was named Michigan Lender of the Year by the U.S. Small Business Administration's Michigan District Office in recognition of best overall support of SBA's 504 loan program
- 2005-07-01
Fifth Third Bank was named Michigan Lender of the Year by the U.S. Small Business Administration's Michigan District Office in recognition of best overall support of SBA's 504 loan program. Fifth Third approved 188 SBA guaranty loans worth $37.7 million in fiscal 2004. Fifth Third also was named SBA LowDoc...
Welcome new ABA Marketing Network members.(Marketing Edge)
- 2005-04-01
Brook Palaci Capital City Bank Tallahassee, Fla. Cindy Hasemann First State Bank & Trust Fremont, Neb. Debbie A. LaRue Callaway Bank Fulton, Mo. ...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Chantha Bunphoath | CFO |
| Judith L. Muench | CFO |
| Chris Sheehan | Executive Vice President |
| James P. Carroll | Executive Vice President |
| James S. Carroll | Executive Vice President |
| Richard Rench | Executive Vice President |
| Dan Coppin | Senior Vice President, Info Technology |
| Jay Hiester | Senior Vice President, Credit Services |
| Jean Schuett | Senior Vice President, Operations |
| John Henderson | Senior Vice President, Mortgage Lending |
| Kevin Hogan | Senior Vice President |
| Belinda Faylona | Vice President, HR |
| Bill Deposit | Vice President, Central Services |
| Greg Noren | Vice President, Marketing |
| Judy Spanovic | Vice President, Operations |
| Robin Shepperd | Assistant Vice President, Information Systems |
| Shari Ray | Vice President, Loan Servicing |
| Jenny McKenny | Managing Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Conrad Hanson | Chairman, President & CEO |
| John Kolodzie | Board of Directors |
| Martin Heimbigner | Board of Directors |
| Newman Conklin | Board of Directors |
| R. Scott Hutchison | Board of Directors |
| Richard J. Pahre | Board of Directors |
| Thomas J. Jochums | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| CityBank | Chairman, President & CEO | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | CFO | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | CFO | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | Executive Vice President | Current |
| CityBank | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | Executive Vice President | Current |
| CityBank | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | Senior Vice President, Info Technology | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | Senior Vice President, Credit Services | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | Senior Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | Senior Vice President, Mortgage Lending | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | Vice President, Central Services | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | Assistant Vice President, Information Systems | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | Vice President, Loan Servicing | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | Managing Director | Current |
Mr. Kolodzie was employed at City Bank as Executive Vice President and director from 1981 to 1993. Mr. Kolodzie retired from the Bank in 1993 as an Executive Vice President but continues to serve as a director of the Bank.
| Organization | Position | Status |
|---|---|---|
| CityBank | Board of Directors | Current |
Mr. Heimbigner is a CPA and has been a partner in Tatum LLC, an executive services firm, since 2003 and served as Chief Accounting Officer of Demand Media, Inc., an Internet media an Internet media and domain name registrar company from May 2006 to December 2008. Prior to joining Tatum LLC, Mr. Heimbigner served as the Vice President and CFO of Airbiquity Inc., a wireless software company from 1999 to 2002. He previously worked at KPMG from 1981 to 1994 and Washington Energy, a NYSE listed public company located in Seattle from 1994 to 1997. Mr. Heimbigner recently was appointed lead independent director of the Bank.`
| Organization | Position | Status |
|---|---|---|
| CityBank | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| CityBank | Board of Directors | Current |
Mr. Hutchison has been an Attorney at Law with the firm Hutchison & Foster, Lynnwood, Washington since 1981, and has served as one of the Bank’s legal counsel for the past 26 years.
| Organization | Position | Status |
|---|---|---|
| CityBank | Board of Directors | Current |
Mr. Pahre is a CPA and effective December 31, 2002, a retired partner of Moss Adams LLP, a public accounting firm that provides services to a wide range of public and private clients. From February 1977 to December 2002, he served as an audit partner of Moss Adams LLP. Since February 2003 Mr. Pahre has served as a director of Eden Bioscience Corporation, a public company listed on the NASDAQ Stock Market (“NASDAQ”) located in Bothell, Washington. Since 1993, Mr. Pahre has served on the Board of Directors and as Treasurer (nonexecutive) of Seattle Goodwill.
| Organization | Position | Status |
|---|---|---|
| CityBank | Board of Directors | Current |
Mr. Jochums was employed at Marsh Global Surety Practice from 1971-2005, retiring as Managing Director and Chairman in May 2005.
| Organization | Position | Status |
|---|---|---|
| CityBank | Board of Directors | Current |
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Glass Door
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| Company | Employer Rating |
| Wells Fargo |  |
| U.S. Bank |  |
| Bank of America | |
| Wachovia | |
| JPMorgan Chase | |
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