| Business Summary | | AMB
Financial
Corp.
is
the
holding
company
for
its
wholly
owned
subsidiary,
American
Savings,
FSB.
The
Company
is
a
community-based
financial
institution
that
offers
a
variety
of
selected
financial
services
to
meet
the
needs
of
the
community
it
serves.
The
Company
attracts
deposits
from
the
general
public
and
uses
such
deposits
to
originate
and
purchase
one-
to
four-family
residential
mortgages
and,
to
a
lesser
extent,
non-residential
real
estate,
commercial
business,
consumer,
construction,
multi-family
real
estate
and
land
loans.
The
Company
also
invests
in
mortgage-backed
securities,
investment
securities
consisting
primarily
of
United
States
government
obligations
and
various
types
of
short-term
liquid
assets.
As
of
December
31,
2000,
the
Company
had
total
assets
of
$135.7
million,
deposits
of
$89.7
million
and
stockholders'
equity
of
$11.5
million,
or
8.47%,
of
total
assets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AMFC
is
a
savings
and
loan
holding
company
for
American
Savings,
FSB,
in
Indiana.
For
the
six
months
ended
6/30/01,
interest
income
rose
11%
to
$4.9
million.
Net
interest
income
after
loan
loss
provision
fell
4%
to
$1.6
million.
Net
income
rose
31%
to
$418
thousand.
Net
interest
income
reflects
an
increase
in
the
volume
of
loans
receivable,
offset
by
increased
deposits.
Net
income
reflects
an
increase
in
loan
fees
and
rental
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Clement Knapp, Jr., 58 Chairman,
Pres and CEO | $191K | Daniel Poludniak, 59 CFO,
VP, Treasurer | -- | Louis Green, 57 Controller,
Sr. VP | -- | Denise Knapp, 53 Sec. | -- | 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
|
|