| Business Summary | | Chester
Bancorp,
Inc.
is
a
bank
holding
company
for
Chester
National
Bank
and
Chester
National
Bank
of
Missouri
(collectively,
the
Banks).
The
Banks
primarily
engage
in
the
business
of
attracting
retail
deposits
from
the
general
public
in
the
Banks'
respective
market
areas,
and
using
such
funds,
together
with
borrowings
and
funds
from
other
sources,
to
primarily
originate
mortgage
loans
secured
by
one-
to
four-family
residential
real
estate.
The
Banks
also
originate
consumer
loans,
commercial
real
estate
loans,
land
loans,
multi-family
loans
and
commercial
loans. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Chester
Bancorp,
Inc.
is
a
bank
holding
company
for
Chester
National
Bank
and
Chester
National
Bank
of
Missouri,
with
five
offices
in
IL
and
MO.
For
the
six
months
ended
6/01,
interest
income
rose
2%
to
$4
million.
Net
interest
income
after
loan
loss
prov.
fell
7%
to
$1.7
million.
Net
income
fell
2%
to
$527
thousand.
Interest
income
reflects
higher
earning
asset
balances
offset
by
higher
interest
on
deposits.
Net
income
reflects
increased
occupancy
and
advertising
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael Welge, 60 Chairman
of Directors, Pres and CFO | -- | Edward Collins, 56 CEO,
Treasurer, Sec. | $80K | 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
|
|