| Business Summary | | Lincoln
Bancorp
serves
as
the
savings
and
loan
holding
company
to
Lincoln
Federal
Savings
Bank.
The
Bank
offers
a
number
of
financial
services,
including
one-to
four-family
residential
real
estate,
commercial
real
estate,
real
estate
construction,
land,
home
equity
and
automobile
loans;
money
market
demand
accounts;
checking
and
savings
acounts;
and
certificates
of
deposit.
Lincoln
Federal
attracts
deposits
principally
from
within
Hendricks,
Montgomery,
Clinton,
Johnson
and
Morgan
Counties
through
the
offering
of
a
broad
selection
of
deposit
instruments,
including
passbook
accounts,
Negotiable
Order
of
Withdrawal
(NOW)
accounts,
variable
rate
money
market
accounts,
fixed-term
certificates
of
deposit,
individual
retirement
accounts
and
savings
accounts. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | LNCB
is
a
holding
company
for
Lincoln
Ferderal
Savings
Bank,
which
offers
a
variety
of
lending,
deposit
and
other
fincl.
services.
For
the
six
months
ended
6/30/01,
interest
income
rose
24%
to
$18.6
million.
Net
interest
income
after
loan
loss
prov.
rose
17%
to
$7.9
million.
Net
income
rose
2%
to
$2
million.
Results
reflect
increased
earning
assets,
partially
offset
by
declined
net
interest
margin
and
the
additional
costs
for
the
acquisition
of
Citizens
Bancorp. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| T. Tim Unger, 60 Chairman,
Pres, and CEO | $205K | John Baer, 52 CFO,
Sec. and Treasurer | 125K | 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
|
|