| Business Summary | | Guaranty
Financial
Corporation
is
the
holding
company
of
Guaranty
Bank
(the
Bank).
The
Bank
is
state-chartered
community
bank
that
is
headquartered
in
Charlottesville,
Virginia.
The
Bank
provides
a
broad
range
of
commercial
and
retail
banking
services.
The
Company's
principal
business
activities
are
attracting
checking
and
savings
deposits
from
local
businesses
and
the
general
public
through
its
retail
banking
offices,
and
originating,
servicing,
investing
in
and
selling
loans.
Of
Guaranty's
$204
million
of
gross
loans
outstanding,
as
of
December
31,
2000,
29.1%
represented
construction
and
land
loans,
29%
represented
commercial
business
loans
and
26.9%
represented
residential
first
mortgages.
The
Company
also
lends
funds
to
retail
banking
customers
by
means
of
home
equity,
installment
loans
and
multi-family
dwellings.
In
addition,
Guaranty
offers
consumer
loans
and
government-insured
and
conventional
small
business
loans. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Guaranty
Financial
Corp.
is
a
bank
holding
company
for
Guaranty
Bank,
a
state
chartered
bank
headquartered
in
Charlottesville,
VA.
For
the
six
months
ended
6/30/01,
total
interest
income
fell
13%
to
$9.7
million.
Net
interest
income
after
loan
loss
provision
rose
4%
to
$3.8
million.
Net
income
rose
8%
to
$175
thousand.
Net
interest
income
reflects
lower
average
loan
balances,
offset
by
a
lower
provision
for
loan
losses.
Earnings
benefited
from
higher
loan
sale
gains. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Douglas Caton, 58 Chairman | -- | William Doyle, Jr. Pres,
CEO | -- | Harry Lewis, 73 Vice
Chairman | -- | Thomas Crump, 44 CFO,
Sr. VP | -- | Donna Richards, 36 COO,
Sr. VP | $140K | 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
|
|