| Business Summary | | EverTrust
Financial
Group,
Inc.
is
the
holding
company
for
EverTrust
Bank,
a
chartered
stock
savings
bank,
I-Pro,
Inc.
and
Mutual
Bancshares
Capital
Inc.
EverTrust
Bank
is
a
community-oriented
savings
bank
dedicated
to
financing
residential-related
and
commercial
real
estate
properties
and
providing
quality
customer
service.
The
Bank's
principal
business
is
attracting
deposits
from
the
general
public
and
using
those
funds
to
originate
residential
(including
multi-family)
mortgage
loans,
as
well
as
commercial
real
estate
and
construction
loans. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | EverTrust
Financial
Group
is
a
holding
company
for
EveTrust
Bank,
I-Pro
and
Mutual
Bancshares
Capital.
For
the
three
months
ended
6/30/01,
interest
income
rose
8%
to
$11.8
million.
Net
interest
income
after
loan
loss
provision
rose
10%
to
$5.9
million.
Net
income
fell
8%
to
$1.4
million.
Net
interest
income
reflects
higher
average
balances
of
interest-earning
assets
and
lower
loan
loss
provisions.
Net
income
suffered
from
higher
personnel
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Michael Hansen, 59 Chairman,
Pres, CEO | $1.3M | Michael Deller, 50 Exec.
VP, Director | 631K | Jeffrey Mitchell, 42 Sr.
VP, CFO | 567K | Lorelei Christenson, 47 Sr.
VP, Sec. | 697K | Philip Mitterling, 43 Treasurer
and Portfolio Mang. | -- | Dollar amounts are as of 31-Mar-2001 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
|
|