| Business Summary | | MB
Financial,
Inc.
is
a
bank
holding
company
that
conducts
a
commercial
banking
business
through
Manufacturers
Bank,
which
is
wholly
owned
by
Manufacturers
National
Corporation,
a
wholly
owned
subsidiary
of
MB
Financial.
At
December
31,
2000,
the
Company
had
total
consolidated
assets
of
$1.5
billion
and
operated
from
a
total
of
13
offices
throughout
metropolitan
Chicago.
Manufacturers
Bank
concentrates
its
business
efforts
on
servicing
small
and
middle
market
businesses,
such
as
manufacturers,
wholesalers,
distributors,
long-term
health
care
operators,
real
estate
operators
and
investors,
and
home
developers
located
throughout
the
entire
Chicago
metropolitan
area.
Manufacturers
Bank
divides
its
business
into
four
areas,
referred
to
as
Commercial
Banking,
Lease
Banking,
Korean
Banking
and
Retail
Banking. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MB
Financial
is
a
bank
holding
company
for
Manufacturers
Bank.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
14%
to
$55.5
million.
Net
interest
income
after
loan
loss
provision
rose
5%
to
$21.4
million.
Net
income
rose
13%
to
$6.2
million.
Net
interest
income
reflects
higher
income
from
loan
activities,
partially
offset
by
an
increase
in
deposit
costs.
Net
income
reflects
higher
lease
financing
income
and
an
increase
in
cash
surrender
value. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Engelman, Jr., 59 Chairman | -- | Mitchell Feiger, 42 Pres,
CEO, Director; Chairman of the Bank | $565K | Jill York, 37 CFO,
VP; Sr. VP and CFO of the Bank | 89K | Thomas Panos, 45 Exec.
VP, Sr. Lending Officer of the Bank | 268K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|