As of 3:59pm ET
| +0.15 / +0.74%|
Elmira Savings Bank engages in the provision of banking and mortgage services to individual and commercial customers. It operates through the following segments: Real Estate Loan, Commercial Loan, Consumer, and Installment loan. The Real Estate Loan segment is further disaggregated into three classes. Residential real estate loans are amortizing term loans, primarily first liens. Commercial real estate loans, which include loans secured by non-owner occupied nonfarm nonresidential properties, generally have a greater risk profile than residential real estate loans. Construction loans are generally made to individuals for the acquisition of and/or construction on a lot or lots on which a residential dwelling is to be built. The Commercial Loan segment consists of loans made for the purpose of financing the activities of commercial customers. The Consumer segment is further disaggregated into three classes. The Installment Loan segment consists primarily of installment loans and overdraft lines of credit connected with customer deposit accounts. Home equity loans consist of amortizing term loans or lines of credit which are generally secured by second liens on residential real estate. The company was founded in 1869 and is headquartered in Elmira, NY.
|Thomas M. Carr||President, Chief Executive Officer & Director|
|Margaret A. Phillips||Vice President-Operations|
|Jason T. Sanford||Chief Financial Officer & Senior VP-Finance|
|Joseph L. Walker||Vice President-Management Information Systems|
|Kevin J. Berkley||Executive Vice President & Senior Loan Officer|