| | Business Summary | | Quaker
City
Bancorp,
Inc.
is
primarily
engaged
in
the
savings
and
loan
business
through
its
wholly
owned
subsidiary
Quaker
City
Bank.
The
Company
is
a
savings
and
loan
holding
company.
The
Bank's
principal
business
has
been
and
continues
to
be
attracting
retail
deposits
from
the
general
public
in
its
primary
deposit
market
area
surrounding
its
offices
and
investing
those
deposits,
together
with
funds
generated
from
operations
and
borrowings.
Through
its
wholly
owned
subsidiary,
Quaker
City
Financial
Corporation,
the
Company
also
engages
in
the
sale
of
insurance
and
investment
products
on
an
agency
basis.
The
Company
originates
predominantly
multifamily,
commercial
real
estate
and
one-to-four
family
loans
and
emphasizes
multifamily
lending
in
low
and
moderate
income
communities,
primarily
in
southern
California
metropolitan
areas.
To
a
lesser
extent,
loans
are
also
originated
and
purchased
in
Central
and
Northern
California. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | QCBC,
through
its
subsidiary,
Quaker
City
Federal
Savings
and
Loan
Association,
is
engaged
in
the
savings
and
loan
business
with
15
branches
in
Southern
CA.
For
the
fiscal
year
ended
6/01,
total
interest
income
rose
23%
to
$103.8
million.
Net
interest
income
after
LLP
rose
23%
to
$42
million.
Net
income
rose
29%
to
$15.1
million.
Net
interest
income
reflects
higher
interest
earned
on
loans.
Earnings
also
reflect
an
increase
in
service
charges
and
deposit
fees. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| J. Thomas, 64
Chairman | $259K | -- | Frederic McGill, 53
Pres,
CEO | 429K | $27K | Dwight Wilson, 52
Sr.
VP, Treasurer and CFO | 190K | -- | Kathryn Hennigan, 49
Corp.
Sec. and Sr. VP, Admin. Services | 154K | 11K | Hank Kadowaki, 53
Sr.
VP, Income Property Lending of the Bank | -- | -- | | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/q/qcbc.gif)