| Business Summary | | InvestorsBancorp,
Inc.
is
the
holding
company
of
InvestorsBank
(the
Bank),
located
in
Pewaukee,
Wisconsin.
Investors
Business
Credit
Inc.
is
a
wholly
owned
subsidiary
of
the
Bank
that
holds
and
manages
certain
loans
and
securities
of
the
Bank.
The
Company
offers
a
complete
line
of
financial
services
to
small
businesses
and
individuals
in
the
community
of
Waukesha
and
in
southeastern
Wisconsin.
Pursuant
to
a
management
services
agreement,
the
Bank
also
manages
the
commercial
loan
and
leased
properties
portfolio
of
Bando
McGlocklin
Small
Business
Lending
Corporation.
The
Bank
offers
a
broad
range
of
deposit
services,
including
checking
accounts,
money
market
accounts
and
certificates
of
deposit,
as
well
as
a
full
range
of
short-
to
intermediate-term
personal
and
commercial
loans.
The
Bank
makes
personal
loans
directly
to
individuals
for
various
purposes,
including
first
mortgage
loans
and
home
equity
lines
of
credit. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | INVB
is
a
holding
Co.
for
InvestorBank,
serving
the
community
of
Waukesha
in
southeastern
Wisconsin.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
43%
to
$5.5
million.
Net
interest
income
after
loan
loss
provision
rose
20%
to
$1.6
million.
Net
income
totaled
$731
thousand,
up
from
$354
thousand.
Net
interest
income
reflects
higher
loan
volumes,
partially
offset
by
higher
interest
paid
on
money
market
accounts.
Earnings
benefitted
from
decreased
salary/benefits
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| George Schonath, 60 Pres,
CEO of the Company and the Bank | $317K | Kim DeMartino, 41 Sr.
VP | -- | Scott Russell, 41 Sr.
VP of the Company and the Bank and CLO of the Bank | 140K | Susan Hauke, 35 VP-Fin.,
Sec., Controller | -- | Greg Mieske, 41 VP-Operations | -- | 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
|
|