Leesport Financial Corporation - FLPB- Profile

First Leesport Bancorp, Inc.. The principal activity of the Group is offering of commercial and consumer banking services. The services provided by the Group include accepting of deposits in the form of time, demand and savings accounts. Time deposits include certificates of deposit, individual retirement accounts, Roth IRA accounts and club accounts. Origination of loans include both secured and unsecured commercial and consumer loans, financed commercial transactions, provides equipment lease and accounts receivable financing, makes construction and mortgage loans. The Group operates through ten full service offices in Pennsylvania. Interest & fees on loans accounted for 65% of 2000 revenues; other interest income, 15% and non-interest income, 20%.