| Business Summary | | Corus
Bankshares,
Inc.
is
a
bank
holding
company.
Corus
provides
consumer
and
corporate
banking
products
and
services
through
its
wholly
owned
banking
subsidiary,
Corus
Bank,
N.A.
The
bank
has
11
branches
in
the
Chicago
metropolitan
area
and
offers
general
banking
services
such
as
checking,
savings,
money
market
and
time
deposit
accounts;
commercial,
mortgage,
home
equity,
student
and
personal
loans;
safe
deposit
boxes,
and
a
variety
of
additional
services.
The
bank
also
provides
clearing,
depository
and
credit
services
to
more
than
525
currency
exchanges
in
the
Chicago
area,
and
an
additional
20
in
Milwaukee,
Wisconsin. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CORS,
a
bank
holding
company
for
CORUS
Bank,
provides
financial
services
through
11
bank
branches
in
the
Chicago
metropolitan
area.
For
the
six
months
ended
6/30/01,
total
interest
income
fell
4%
to
$102.3
million.
Net
interest
income
after
LLP
rose
1%
to
$57.4
million.
Net
income
fell
3%
to
$28.9
million.
Net
interest
income
reflects
decreased
interest
earning
assets,
offset
by
lower
interest
paid
on
deposits.
Earnings
reflect
higher
salaries
and
employee
benefits. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Joseph Glickman, 85 Chairman | $500K | -- | Robert Glickman, 54 Pres,
CEO, Director of the Company and the Bank | 1000K | -- | Tim Taylor, 36 Exec.
VP, CFO of the Company and the Bank | 770K | $318K | Randy Curtis, 42 Sr.
VP of the Bank | -- | -- | Christopher Glancy, 47 Sr.
VP of the 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|