| Business Summary | | Community
First
Banking
Company
is
the
bank
holding
company
for
Carrollton
Federal
Bank
(the
Bank).
The
Company
directs,
plans
and
coordinates
the
activities
of
the
Bank
and
its
subsidiaries.
The
Bank
is
a
community-oriented
financial
institution
that
provides
customary
banking
services,
such
as
customer
and
commercial
checking
accounts,
NOW
accounts,
savings
accounts,
certificates
of
deposit,
lines
of
credit
and
MasterCard
and
VISA
credit
cards.
Lending
activities
include
the
origination
of
consumer
and
commercial
business
loans
on
a
secured
and
unsecured
basis,
residential
mortgage
and
home
equity
loans
and
commercial
real
estate
loans. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Community
First
Banking
Company
is
a
holding
company
for
Carrollton
Federal
Bank.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
8%
to
$17.9
million.
Net
interest
income
after
loan
loss
provision
rose
5%
to
$7.3
million.
Net
income
before
accounting
change
fell
28%
to
$1.8
million.
Net
interest
income
reflect
increased
earning
asset
balances,
partially
offset
by
increased
interest
paid
on
deposits.
Earnings
reflect
costs
related
to
the
First
Deposit
merger. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| T. Aubrey Silvey, 62 Chairman,
Director | -- | Gary Dorminey, 53 Pres,
CEO, Director of the Company and the Bank | $226K | Gary Bullock, 57 Vice
Chairman, Director | -- | D. Lane Poston, 50 Exec.
VP, COO | 177K | C. Lynn Gable, 47 Sr.
VP, CFO | 144K | Dollar amounts are as of 31-Dec-1999 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
|
|