Area Bancshares - AREA- Profile

Area Bancshares Corporation. The principal activities of the Group are provision of Banking and other financial services. The Company through its two bank subsidiaries, AREA Services Inc and Vine Street Financial Inc and one non-depository trust subsidiary. The Company provides a wide range of financial services such as accepting demand and time deposits, providing checking and money market accounts, making commercial, consumer and mortgage loans, issuing and servicing credit cards, leasing, issuing life, accident and health, and property and casualty insurance, providing safe deposit facilities, and providing alternative investments, brokerage services and trust services for personal and corporate customers. Interest and fees on loans accounted for 68% of 2000 revenues; other interest income, 14% and non-interest income, 18%. A multi-bank holding company offering personal banking services and consumer finance throughout the commonwealth of Kentucky