| Business Summary | | Wyman
Park
Bancorporation,
Inc.
is
a
savings
and
loan
holding
company
that
became
the
sole
stockholder
of
Wyman
Park
Federal
Savings
&
Loan
Association
in
connection
with
the
Association's
conversion
from
the
mutual
to
the
stock
form.
The
Association
is
a
federally
chartered
savings
association
primarily
engaged
in
the
business
of
attracting
savings
deposits
from
the
general
public
and
investing
such
funds
in
permanent
mortgage
loans
secured
by
one-
to
four-family
residential
real
estate
located
primarily
in
central
Baltimore
county
and
northern
Baltimore
City,
Maryland. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Wyman
Park
Bancorporation
is
a
bank
holding
company
for
Wyman
Park
Federal
Savings
and
Loan
Association,
with
two
offices
in
Lutherville,
MD.
For
the
nine
months
ended
3/31/01,
total
interest
income
increased
9%
to
$3.8
million.
Net
interest
income
after
loan
loss
provision
decreased
1%
to
$1.6
million.
Net
income
decreased
3%
to
$310
thousand.
Results
reflect
increased
interest
paid
on
deposits
and
borrowings
and
increased
personnel
and
occupancy
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
1,270;
after
tax
earnings
were
84. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | Ernest
A. Moretti,
Pres./CEO Allan
B. Heaver,
Chmn. Ronald
W. Robinson,
Treas. Charmaine
M. Snyder,
Secy. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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