Exhibit 99.1
Corrected slide for Greater Bay Bancorp
slide presentation
as of June 30, 2003
ABD Insurance and Financial Services
¨ | We completed the acquisition of ABD Insurance and Financial Services (the 17thlargest commercial insurance brokerage agency in the country) in March 2002. It has been a very successful partnership and, during the first two quarters of 2003, ABD provided $58.4 million in fee income. |
¨ | No Underwriting Risk |
¨ | Product Focus |
· | P & C |
· | D & O |
· | Employee benefits |
· | 401K products |
¨ | ABD completed the acquisition of Sullivan and Curtis Insurance Brokers in July 2003. The firm reports annual revenues of approximately $10 million. The acquisition will be neutral to 2003 earnings and marginally accretive to 2004 earnings. |