| Business Summary | | Klamath
First
Bancorp,
Inc.
was
organized
for
the
purpose
of
becoming
the
holding
company
for
Klamath
First
Federal
Savings
and
Loan
Association
(the
Association)
upon
the
Association's
conversion
from
a
federal
mutual
to
a
federal
stock
savings
and
loan
association.
The
Association
is
a
community-oriented
savings
and
loan
association
that
focuses
on
customer
service
within
its
primary
market
area.
Accordingly,
the
Association
is
primarily
engaged
in
attracting
deposits
from
the
general
public
through
its
offices,
and
using
those
and
other
available
sources
of
funds
to
originate
permanent
residential
one-
to
four-family
real
estate
loans
within
its
market
area,
as
well
as
commercial
real
estate
and
multi-family
residential
loans,
loans
to
consumers
and
loans
for
commercial
purposes. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Klamath
First
Bancorp
is
the
holding
company
for
Klamath
First
Federal
Savings
and
Loan
Association.
For
the
nine
months
ended
6/30/01,
total
interest
income
fell
4%
to
$52.1
million.
Net
interest
income
after
loan
loss
provision
fell
9%
to
$21.3
million.
Net
income
rose
16%
to
$6.8
million.
Net
interest
income
reflects
decreased
loan
volumes
and
decreased
interest
margins.
Earnings
benefitted
from
increased
gains
on
the
sale
of
investments. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Rodney Murray, 72 Chairman | -- | Kermit Houser, 57 Pres,
CEO | -- | Marshall Alexander, 49 CFO,
Exec. VP | -- | Frank Hernandez, 45 COO,
Sr. VP | -- | Robert Tucker, 52 Exec.
VP and CCO | $144K | Dollar amounts are as of 30-Sep-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
|
|