| Business Summary | | Kentucky
First
Bancorp,
Inc.
was
organized
to
acquire
all
of
the
capital
stock
of
First
Federal
Savings
Bank
of
Cynthiana,
Kentucky.
The
Company's
principal
business
is
the
business
of
the
Bank.
The
Bank
is
principally
engaged
in
the
business
of
accepting
deposits
from
the
general
public
through
a
variety
of
deposit
programs
and
investing
these
funds
by
originating
and
purchasing
loans
secured
by
one-
to
four-family
residential
properties
located
in
its
market
area,
construction
loans,
commercial
and
multi-family
mortgage
loans,
agricultural
loans,
commercial
business
loans
and
consumer
loans. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | KYF
is
a
savings
and
loan
holding
company
for
First
Federal
Savings
Bank(conducts
business
in
central
Kentucky).
For
the
nine
months
ended
3/01,
interest
income
fell
1%
to
$4
million.
Net
interest
income
after
loan
loss
provision
fell
8%
to
$1.9
million.
Net
income
fell
14%
to
$543
thousand.
Net
interest
income
after
LLP
reflects
a
decrease
in
interest
earning
assets
and
increased
loan
loss
provisions.
Earnings
also
reflect
decreased
service
charges. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
1,332;
after
tax
earnings
were
196. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Morris, 76 Chairman | -- | Betty Long, 53 Pres,
CEO | $87K | Luther Beckett, 76 Vice
Chairman | -- | Russell Brooks, 49 Exec.
VP | -- | Kevin Tolle, 43 VP,
Treasurer and Sec. | -- | Dollar amounts are as of 30-June-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
|
|