| Business Summary | | Acadiana
Bancshares,
Inc.
is
the
holding
company
for
LBA
Savings
Bank
(the
Bank).
The
Company
provides
a
variety
of
financial
services
primarily
to
individuals
and
commercial
business
customers
through
its
four
full-service
branches
in
Lafayette,
its
full-service
facility
in
New
Iberia
and
its
loan
production
office
in
Eunice,
all
of
which
are
located
in
Louisiana.
The
Bank's
primary
deposit
products
are
interest-bearing
checking
accounts
and
certificates
of
deposit.
Its
primary
lending
products
are
single-family
residential
loans,
consumer
loans
and
commercial
loans.
The
Company
also
owns
Acadiana
Holdings,
L.L.C.,
which
was
formed
in
May
2000
for
the
purposes
of
acquiring
a
new
facility
for
the
Company
headquarters
and
the
Bank's
main
office.
As
of
December
31,
2000,
the
Company
had
total
assets
of
$324.5
million,
total
deposits
of
$224.5
million
and
stockholders'
equity
of
$28.8
million. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Acadiana
Bancshares,
Inc.
is
a
bank
holding
company
for
LBA
Savings
Bank,
a
state
chartered
bank
with
four
branch
offices
in
LA.
For
the
six
months
ended
6/30/01,
interest
income
rose
1%
to
$11.9
million.
Net
interest
income
after
LLP
remained
rose
3%
to
$4.8
million.
Net
income
rose
29%
to
$1.1
million.
Net
interest
income
reflects
an
increase
in
average
balance
of
loans
and
a
$176
thousand
credit
for
loan
losses.
Net
income
also
reflects
a
$462
thousand
gain
on
the
sale
of
loans. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Jerry Reaux, 40 Chairman,
Pres, CEO | $245K | Lawrence Gankendorff, 81 Vice
Chairman | -- | Emile Soulier, III, 50 CFO
and VP of the Company and Savings Bank | -- | Gregory King, 45 Exec.
VP and COO of the Company and the Savings Bank | -- | A. Wayne Bares, 40 Sr.
VP and Commercial Lending Mang. of the Savings Bank | -- | 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
|
|