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Home > Company Index > Banking > Banking - Midwest > Pelican Financial, Inc.
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Pelican Financial, Inc. |
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PROFILE |
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Pelican Financial operates through two subsidiaries: Washtenaw Mortgage and Pelican National Bank. The bank serves the high-growth, high-income resort communities around Naples and Ft. Meyers on Florida's Gulf Coast. The bank offers IRAs, CDs, and checking, money market, and savings accounts. Although Pelican Financial offers commercial, construction, and consumer loans, about 75% of company's portfolio is residential mortgage loans. Washtenaw originates, buys, and sells loans and servicing through affiliates in about 40 states (Michigan and Ohio account for almost half of sales). Chairman and CEO Charles Huffman owns more than 45% of the company.
COMPETITION |
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Bank of America Corporation (BAC)
Conseco Finance Corp. (dossier)
Countrywide Credit Industries, Inc. (CCR)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 26.90
1-Yr. Sales Growth: (26.7)%
Employees: 183
Revenue per employee: $146,994.54
KEY PEOPLE |
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Charles C. Huffman
CEO
Howard M. Nathan
CFO
CONTACT INFO |
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315 E. Eisenhower
Ann Arbor, MI 48108
US
Phone: 734-662-9733
Fax: 941-403-0005
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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