| Business Summary | | Ameriana
Bancorp
is
a
thrift
holding
company
whose
principal
activity
is
the
ownership
and
management
of
the
Ameriana
Bank
and
Trust
of
Indiana,
a
federal
savings
bank
(the
Bank).
The
Company,
through
the
Bank,
provides
various
banking
services
and
engages
in
loan
servicing
activities
for
investors.
Ameriana
Bancorp
generates
loans
and
receives
deposits
from
customers
located
primarily
in
east
central
Indiana
and
southwestern
Ohio.
In
addition,
the
Company
owns
Ameriana
Insurance
Agency,
Inc.,
which
provides
insurance
sales
from
offices
in
New
Castle,
Greenfield,
and
Avon,
Indiana.
The
Company
also
holds
a
minority
interest
in
a
limited
partnership
organized
to
acquire
and
manage
real
estate
investments,
which
qualify
for
federal
tax
credits. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Ameriana
Bancorp.
is
a
bank
holding
company
for
Ameriana
Savings
Bank,
Deer
Park
Federal
Savings
and
Loan
Association,
Ameriana
Financial
Services
and
two
insurance
companies.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
8%
to
$19
million.
Net
interest
income
after
loan
loss
provision
fell
2%
to
$6
million.
Net
income
fell
6%
to
$1.8
million.
Results
reflect
purchases
of
commercial
loans
and
originations,
offset
by
higher
interest
paid
on
deposits. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Paul Prior, 79 Chairman
of the Company and the Bank | -- | Harry Bailey, 58 Pres
and CEO of Ameriana-Indiana and the Company | $247K | Timothy Clark, 50 COO,
Exec. VP | 140K | Richard Welling, 55 Sr.
VP and Treasurer of Ameriana-Indiana and the Company | 106K | Nancy Rogers, 58 Sec.
of Ameriana- Indiana and the Company, Sr. VP- Marketing Services of Ameriana- Indiana | -- | 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
|
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