Susquehanna Bancshares, Inc. is a financial holding company that operates through its subsidiaries in the mid-Atlantic region. The company owns three commercial banks, a trust and investment company, an asset management company, a property and casualty insurance brokerage company, a commercial finance company, and a vehicle leasing company. In August 2007, Susquehanna Bancshares completed the acquisition of Widmann, Siff & Co., Inc., an investment advisory firm in Radnor, Pennsylvania. In May 2008, the Company completed the acquisition of Stratton Holding Company, an investment management company. Susquehanna Bancshares operates 235 branches and 28 free-standing automated teller machines. The company is based in Lititz, Pennsylvania.

As part of the Treasury Department’s Capital Purchase Program, Susquehanna Bancshares will receive $300 million in exchange for shares of Susquehanna preferred stock and warrants to purchase $45 million of Susquehanna common stock.


Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles


Bailout Bank Bio: Susquehanna Bancshares

 

Federal Equity Investment

$300 million

Total Revenue

$658.67 million (2007)
$856.7 million (2008)

Net Income

$69.09 million (2007)
$82.6 million (2008)

Number of Employees

2,974

Corporate Headquarters

Lititz, Pennsylvania

Business Sector

Financial Services

Officers and Directors

William J. Reuter, Chief Executive Officer, Director
Eddie L. Dunklebarger, President, Chief Operating Officer
Drew K. Hostetter, Chief Financial Officer, Executive Vice President, Treasurer

Corporate Website

http://www.susquehanna.net/

Executive Compensation

Susquehanna Bancshares

►Financial Documents

2008-12-03 Susquehanna 8K

2008-09-30 Susquehanna 10Q

2008 Susquehanna Proxy

2007 Susquehanna 10K

Federal contracts

No federal contracts located.

Lobbying reports (if any)

Third Quarter 2008

Political Contributions

Center for Responsive Politics (last accessed 01/15/2009)

Related Articles

December 11, 2008 A Pensylvania Save, Funded by Tarp American Banker

November 30, 2008 Banks answer Treasury’s call The Patriot-News

November 21, 2008 Banks tap Treasury for capital Business Gazette

November 19, 2008 Lititz bank seeks $300 million Lancaster Newspapers

November 19, 2008 ‘Bailout’ money comes to local bank York Daily Record

November 19, 2008 Feds OK $300M for Susquehanna Bancshares Bizjournals.com

November 19, 2008 Susquehanna to partake in capital purchase program CNNMoney.com

Last Updated January 15, 2009

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