| Business Summary | | United
Financial
Banking
Companies,
Inc.
(UFBC)
is
a
one-bank
holding
company,
with
The
Business
Bank
(the
Bank)
as
its
wholly
owned
banking
subsidiary.
UFBC
also
wholly
owns
Business
Venture
Capital,
Inc.
(BVCI),
a
subsidiary
that
holds
and
has
developed
certain
foreclosed
real
estate
and
conducts
limited
lending
activities.
The
Bank,
UFBC's
primary
subsidiary,
markets
its
services
to
professionals
and
small
and
medium-sized
businesses
in
its
service
area
of
Northern
Virginia
and
surrounding
communities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | UFBC
is
a
holding
company
for
The
Business
Bank,
a
banking
company
and
Business
Venture
Capital,
a
subsidiary
that
holds
and
has
developed
certain
foreclosed
real
estate.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
21%
to
$2.9
million.
Net
interest
income
after
loan
loss
provision
rose
14%
to
$1.7
million.
Net
income
rose
49%
to
$508
thousand.
Results
reflect
higher
interest
earning
asset
balances
and
an
increase
in
loan
servicing
and
other
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jeffery Valcourt, 48 Chairman | -- | Harold Rauner, 50 Pres,
CEO, Director | $115K | Lisa Porter, 41 CFO | -- | Sharon Stakes, 38 Exec.
VP, Director | -- | 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
|
|