| Business Summary | | Mid-America
Bancorp
is
a
bank
holding
company.
The
Company's
banking
subsidiary,
Bank
of
Louisville
(the
Bank),
serves
as
its
primary
subsidiary.
The
Bank
is
engaged
in
a
wide
range
of
commercial,
trust
and
personal
banking
activities,
including
the
acceptance
of
deposits
for
checking,
savings
and
time
deposit
accounts;
making
of
real
estate,
construction,
commercial,
home
improvement
and
consumer
loans;
participating
in
small
business
loan
and
student
loan
programs;
issuance
of
letters
of
credit;
offering
retail
investment
products;
rental
of
safe
deposit
boxes;
providing
financial
counseling
for
institutions
and
individuals;
serving
as
executor
of
estates
and
as
trustee
under
trusts
and
under
various
pension
and
employee
benefit
plans,
and
serving
as
escrow
agent
on
bond
issues.
In
2000,
the
Bank
started
an
Internet
banking
site
to
improve
its
distribution
channel. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Mid
America
Bancorp
is
a
bank
holding
company
for
the
Bank
of
Louisville.
MAB
is
engaged
in
a
wide
range
of
commercial,
trust
and
personnal
banking
activities.
For
the
six
months
ended
6/01,
total
interest
income
rose
1%
to
$64.9
million.
Net
interest
income
after
loan
loss
prov.
fell
4%
to
$32.2
million.
Net
income
fell
6%
to
$12.3
million.
Net
interest
income
after
LLP
reflects
higher
time
deposit
costs.
Net
income
also
reflects
a
$1.2
million
litigation
charge
and
higher
salary
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Bertram Klein, 70 Chairman
of the Company and the Bank | $615K | $149K | Orson Oliver, 57 Pres,
Director of the Company and the Bank | 441K | 209K | R. Guillaume, 57 Vice
Chairman, CEO of the Company and the Bank | 622K | -- | Steven Small, 47 Treasurer
of the Company and Exec. VP, CFO of the Bank | 271K | -- | Paul Henry, 65 Exec.
VP of the Bank | -- | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|