| Business Summary | | First
Federal
Financial
Corporation
of
Kentucky
is
the
holding
company
for
First
Federal
Savings
Bank
of
Elizabethtown.
First
Federal
is
a
federally
chartered
savings
bank
whose
business
consists
primarily
of
attracting
deposits
from
the
general
public
and
originating
mortgage
loans
on
single-family
residences,
and
to
a
lesser
extent
on
multi-family
housing
and
commercial
property.
First
Federal
also
makes
home
improvement
loans,
consumer
loans
and
commercial
business
loans
and
through
its
subsidiaries
offers
insurance
products
and
brokerage
services
to
its
customers
and
makes
qualified
VA
and
FHA
loans
for
sale
to
investors
on
the
secondary
market.
The
Bank
also
has
a
full
service
trust
department
to
serve
the
fiduciary
needs
of
its
customers.
The
Bank
has
operations
in
the
Kentucky
communities
of
Elizabethtown,
Radcliff,
Bardstown,
Munfordville,
Shepherdsville,
Mt.
Washington,
Brandenburg,
Flaherty,
and
Hillview. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FFKY
is
a
holding
co.
for
First
Federal
Savings
Bank.
As
of
6/00,
assets
totaled
$560.8
million
and
deposits
totaled
$423.8
million.
For
the
nine
months
ended
3/31/01,
interest
income
rose
20%
to
$33.8
million.
Net
interest
income
after
loan
loss
prov.
fell
6%
to
$12.3
million.
Net
income
fell
8%
to
$4.1
million.
Net
interest
income
reflects
higher
interest-earning
assets,
offset
by
a
higher
loss
provision.
Net
income
also
reflects
increased
employee
compensation
and
benefits
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
11,611;
after
tax
earnings
were
1,551. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| B. Keith Johnson, 39 Pres,
CEO, Director | $198K | William Brown, 51 Sr.
Vice Pres and Compliance Officer | -- | Dollar amounts are as of 30-June-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
|
|