| Business Summary | | BYL
Bancorp,
incorporated
in
1997,
is
the
bank
holding
company
of
BYL
Bank
Group
(the
Bank).
The
Bank
is
a
commercial
bank
that
operates
from
its
main
office
in
Orange,
California,
and
seven
full-service
banking
centers
in
its
primary
market
areas
of
Orange
and
Riverside
Counties,
California.
In
addition
to
conducting
its
regular
community-banking
activities,
the
Bank
also
originates
and
sells
non-conforming
residential
real
estate
loans
and
United
States
Business
Administration
(SBA)
-guaranteed
loans.
The
Bank's
mortgage
division
is
located
in
Tustin,
California.
As
of
December
31,
2000,
the
Company
had
total
assets
of
approximately
$286.4
million,
total
deposits
of
$254.3
million
and
total
shareholders'
equity
of
$29.2
million. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BYL
Bancorp
is
a
bank
holding
company
of
BYL
Bank
Group,
a
state
chartered
bank
with
seven
offices
in
California.
For
the
six
months
ended
6/30/01,
total
interest
income
fell
23%
to
$11.3
million.
Net
interest
income
after
LLP
fell
17%
to
$7.3
million.
Net
income
totalled
$1.3
million,
up
from
$167
thousand.
Net
interest
income
reflects
decreased
interest
earning
assets,
partially
offset
by
lower
interest
paid
on
deposits.
Earnings
reflect
lower
non
interest
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Barry Moore, 51 Acting
Pres, CEO, Director | $202K | John Myers, 63 Sec.,
Director | -- | Michael Mullarky, 53 Exec.
VP and CCO of the Bank | 126K | Gary Strachn, 56 Sr.
VP and CFO of the Bank | 90K | Gloria Van Kampen, 53 Exec.
VP and CAO of the Bank | 143K | Dollar amounts are as of 31-Dec-1999 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
|
|