| Business Summary | | FloridaFirst
Bancorp,
Inc.
is
the
holding
company
for
FloridaFirst
Bank.
The
Company
provides
commercial
and
retail
banking
services,
with
an
emphasis
on
one-
to
four-family
residential
mortgage
loans,
home
equity
loans
and
lines
of
credit
and
consumer
loans
as
well
as
certificates
of
deposit,
checking
accounts
and
savings
accounts.
In
addition,
the
Company
originates
commercial
real
estate
loans
and
offers
checking
accounts
and
other
credit
facilities
to
businesses
within
its
market
area
of
Polk
and
Manatee
Counties,
Florida. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FFBK
is
the
holding
Co.
for
FloridaFirst
Bank,
and
provides
retail
banking
services,
loans
and
credit
facilities
in
Manatee
and
Polk
County,
FL.
For
the
six
months
ended
3/01,
total
interest
income
rose
16%
to
$22
million.
Interest
income
after
loan
loss
prov.
rose
7%
to
$8.6
million.
Net
income
rose
16%
to
$2.2
million.
Net
interest
income
reflects
higher
yield
on
loans,
partially
offset
by
increased
costs
of
deposits.
Earnings
benefitted
from
increased
non-interest
income. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
11,385;
after
tax
earnings
were
1,434. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Gregory Wilkes, 53 Pres,
CEO, Director | $523K | Kerry Charlet, 48 CFO,
Sr. VP | 339K | William Cloyd, 43 Sr.
VP and CLO | 292K | 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
|
|