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TierOne Corporation

 
Hoover's Profile: TierOne Corporation
(NASDAQ (GS):TONE)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
TierOne Corporation
1235 N St.
Lincoln, NE 68508
NE Tel. 402-475-0521
Toll Free 800-999-7302
Fax 402-435-0427

Type: Public
On the web: http://www.tieronebank.com
Employees: 855
Employee growth: (0.8%)

TierOne Corporation is the holding company for TierOne Bank, which operates approximately 70 branches throughout Nebraska, northern Kansas, and southwestern Iowa. Serving consumers and businesses, the bank offers a variety of deposit products, including different checking options, savings and retirement accounts, and CDs. The bank primarily writes real estate loans (including commercial and residential mortgages and construction and development loans), which account for three-quarters of the company's loan portfolio. TierOne Bank also issues consumer and business loans.

Key numbers for fiscal year ending December, 2008:
Sales: $118.8M
One year growth: (18.9%)
Net income: ($75.2)M

Officers:
Chairman and CEO, TierOne Corporation and TierOne Bank: Gilbert G. Lundstrom
President, COO, and Director, TierOne Corporation and TierOne Bank: James A. Laphen
EVP, CFO, Corporate Secretary, and Treasurer: Eugene B. Witkowicz

Competitors:
Pinnacle Bancorp
U.S. Bancorp

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