BNET Industries
Market Cap:$1.1M
Last Fiscal Year Sales:$45.5M
- Public
- US
Dow Jones Description
Partners Trust Financial holds out its hand to consumers. Founded in 1839 and headquartered in Utica, NY, Partners Trust Financial Group, Inc. (NASDAQ-GS: PRTR) is the holding company for Partners Trust Bank. The bank has about 35 branches in central and southern New York State that offer savings and checking accounts, money market accounts, time deposits, and other services that include trust, mutual funds, annuities, and insurance. Its lending portfolio is comprised of residential mortgages, which account for half of all loans, commercial loans, industrial loans, and others. The bank had 2005 revenue of about $192.6million and has about 660 full-time employees. During financial year 2005, the bank successfully completed the integration of BSB Bancorp, the $2.2 billion asset community bank it acquired in July 2004. The acquisition of BSB tripled the size of the Bank, provided a strong market presence in two important new markets, and established Partners Trust as the leading community financial institution brand in Central Upstate New York.
President & CEO
John A. ZawadzkiNumber of Employees 657
Peer Companies
NAICS Code Commercial Banking: 522110
News & Analysis
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partners trust financial group inc. - All News and Analysis
M&T Bank to Acquire Partners Trust Financial Group for 2.68 Times Revenue
The Deal: M&T Bank Corporation has entered into a definitive agreement to purchase Partners Trust Financial Group Inc. for about $555 million. Under the terms of the agreement, each share of Partners Trust will be exchanged for $12.50. Shareholders my elect to receive payment in either cash or stock, subject...
Partners Trust Financial Group tweaks bylaws
SYRACUSE - Partners Trust Financial Group, Inc. (NASDAQ: PRTR), the holding company of Partners Trust Bank, has updated its company bylaws. "We made several changes to how we structure our meetings," says Stephen Mahler, vice president of marketing and communications for the company. The biggest change was modifying the board...
PARTNERS TRUST FINANCIAL GROUP(PRTR) - Quantitative Valuation Report.
M2 PRESSWIRE-9 March 2003-Research and Markets: PARTNERS TRUST FINANCIAL GROUPPRTR - Quantitative Valuation ReportC1994-2003 M2 COMMUNICATIONS LTD RDATE:03082003 Company Name - PARTNERS TRUST FINANCIAL GROUP Now you, as an individual investor or investment professional, can have access to...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| John A. Zawadzki | President & CEO |
| Amie Estrella | CFO, Senior Vice President & Secretary |
| Steven A. Covert | COO & Senior Executive Vice President |
| Daniel J. O'Toole | Senior Vice President |
| Douglas R. Johnson | Senior Vice President |
| Richard F. Callahan | Senior Vice President, Sales, Marketing |
| Arthur L. Smith | Vice President |
| Carol A Severs | Vice President and Trust Investment Officer |
| Carol Dimino-Severs | Vice President |
| Christine Blythe | Vice President |
| Christopher B. Loughridge | Vice President |
| Douglas N. Johnson | Vice President |
| Frank Kapusta | Assistant Vice President & Manager |
| Joseph W. Ahern | Vice President, Reg Trust Manager |
| Leslie Distin | Vice President and Administrative Trust Officer |
| Michael Cibik | Assistant Vice President |
| Pamela A. Kelley | Vice President |
| Robert E. Herrmann | Vice President |
| Robert Fenner | Vice President & Manager |
| Steve Mahler | Vice President Marketing, Public Relations |
| Leon Horwitz | Director |
| John R. Zapisek | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| David A. Niermeyer | Board of Directors |
| Dwight E. Vicks Jr. | Board of Directors |
| Elizabeth B. Dugan | Board of Directors |
| Gordon M. Hayees | Board of Directors |
| Gordon M. Hayes Jr. | Board of Directors |
| Marybath K. McCall | Board of Directors |
| Marybeth K. McCall | Board of Directors |
| Nicholas O. Matt | Board of Directors |
| Richard R. Griffith | Board of Directors |
| Robert H. Linn | Board of Directors |
| Robert W. Allen | Board of Directors |
| William L. Schrauth | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | President & CEO | Current |
| Partners Trust Financial Group, Inc. | President & CEO | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | CFO, Senior Vice President & Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | COO & Senior Executive Vice President | Current |
| Partners Trust Financial Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Senior Vice President, Sales, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Vice President and Trust Investment Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Vice President | Current |
| Elmira College | Master's Degree in Education | Former |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Vice President | Current |
| Fairleigh Dickinson University | Master's degree in finance | Former |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Assistant Vice President & Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Vice President, Reg Trust Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Vice President and Administrative Trust Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Assistant Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Vice President & Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Vice President Marketing, Public Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Board of Directors | Current |
Mr. Zapisek joined Utica National as Vice President and Treasurer. He was promoted to Senior Vice President and Chief Financial Officer in 1992 and to Executive Vice President in 1999. Prior to joining Utica National, he was the Regional Vice President - Eastern Region with Marine Midland Bank, now HSBC. He has served as a member of the investment committee and the state and federal taxation committees of the Alliance of American Insurers, a member of the Treasury Management Association and a member of the advisory committee of the New York Department of Taxation. He was a member of the executive committee of the Utica College board of trustees, a member of the investment committee of the Community Foundation, and trustee of the Munson-Williams Proctor Arts Institute. He is a director of the Partners Trust Financial Group.
| Organization | Position | Status |
|---|---|---|
| Utica National | Vice President | Current |
| Partners Trust Financial Group, Inc. | Director | Current |
| Utica National | Board of Directors | Current |
| Utica Mutual Insurance Company | Board of Directors | Current |
| Munson-Williams-Proctor Arts Institute | Board of Directors | Former |
| The Community Foundation | Board of Directors | Former |
| Munson-Williams-Proctor Arts Institute | Trustee | Former |
| The Community Foundation | Member | Former |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Partners Trust Financial Group, Inc. | Board of Directors | Current |
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