| Business Summary | | American
Federal
Savings
Bank
is
a
federally
chartered
stock
savings
bank
operating
out
of
a
single
office
in
Rockville,
Maryland. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | American
Federal
Savings
Bank
is
a
federally
chartered
stock
savings
bank
operating
out
of
a
single
office
in
Rockville,
Maryland.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
20%
to
$5.7
million.
Net
interest
income
after
loan
loss
prov.
fell
5%
to
$1.9
million.
Net
income
rose
11%
to
$404
thousand.
Net
interest
income
reflects
growth
in
the
loan
portfolio,
offset
by
lower
net
interest
margin.
Higher
income
reflects
lower
legal
expenses. Recent Earnings Announcement For
the
3
months
ended
03/31/2001,
revenues
were
2,860;
after
tax
earnings
were
216. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Richard Schuman | Chairman | Phillip Bowman | Pres,
CEO | Robert Kemp Jr. | Sr.
VP | John Wright | VP,
CFO | Janie Capretti | VP,
Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|