| Business Summary | | Doral
Financial
Corporation
is
a
mortgage
banking
institution
in
Puerto
Rico.
The
Company
operates
44
mortgage-banking
offices
in
Puerto
Rico
and
one
branch
office
each
in
Miami,
Florida
and
New
York
City.
The
total
volume
of
loan
production
for
the
year
ended
December
31,
1999
for
the
Company
was
$2.72
billion,
while
the
Company
had
a
total
servicing
portfolio
of
approximately
$7.6
billion
as
of
the
same
date. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Doral
Financial
is
a
bank
holding
company
engaged
in
a
variety
of
mortgage
banking,
commercial
banking
and
broker-dealer
activities,
primarily
in
Puerto
Rico.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
13%
to
$171.9
million.
Net
interest
income
after
loan
loss
prov.
rose
42%
to
$28.3
million.
Net
income
applicable
to
Common
before
acct.
change
rose
42%
to
$54
million.
Results
reflect
increased
average
loan
balances
and
reduced
interest
paid
on
loans
payable. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Salomon Levis, 58 Chairman,
CEO, Director | $3.0M | Zoila Levis, 53 Pres,
Director | 1.1M | Richard Bonini, 62 CFO,
Sec., Sr. Exec. VP, Director | 630K | Edison Velez, 38 Pres
of Doral Mortgage Corp. | -- | Mario Levis, 37 Exec.
VP, Treasurer | 808K | 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
|
|