| Business Summary | | Lexington
B
&
L
Financial
Corp.
is
the
holding
company
for
B&L
Bank,
Lafayette
County
Bank
and
B
&
L
Mortgage,
Inc.
The
Company,
through
its
banking
subsidiaries,
is
a
community-oriented
financial
institution
that
engages
primarily
in
the
business
of
attracting
deposits
from
the
general
public
and
using
these
funds
to
originate
one-
to
four-family
residential
mortgages,
commercial,
agricultural
and
consumer
loans
within
their
market
areas.
B&L
Mortgage's
primary
business
is
the
origination
of
one-
to
four-family
mortgages
for
sale
into
the
secondary
market. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Lexington
B
and
L
Financial
is
a
bank
holding
company
for
B
and
L
Bank,
Lafayette
County
Bank
and
B
and
L
Mortgage.
For
the
nine
months
ended
6/30/01,
total
interest
income
rose
8%
to
$6.1
million.
Net
interest
income
after
loan
loss
prov.
fell
5%
to
$2.2
million.
Net
income
fell
22%
to
$459
thousand.
Net
interest
income
reflects
increased
average-earning
assets,
offset
by
lower
net
interest
spread.
Lower
income
reflects
higher
data
processing
expenses
and
increased
occupancy
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Erwin Oetting, Jr., 60 Pres,
Chief Exec. Officer | $121K | E. Steva Vialle, 49 COO,
Exec. VP, Sec., Director | -- | Mark Summerlin, 40 Sr.
VP | -- | Dollar amounts are as of 30-Sep-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
|
|