| Business Summary | | CCF
Holding
Company
is
the
bank
holding
company
of
the
Clayton
County
Federal
Savings
and
Loan
Association
(the
Bank),
a
commercial
bank
chartered
by
the
State
of
Georgia.
During
the
fiscal
year
ended
December
31,
2000,
the
Bank
continued
to
expand
the
size
of
its
commercial
(primarily
real
estate
mortgages),
construction
(primarily
residential),
and
consumer
(primarily
indirect)
lending
portfolios
as
well
as
the
amount
of
the
deposits
it
holds.
The
Bank
operates
five
offices
within
its
primary
market
area
in
Clayton,
Fayette
and
Henry
Counties,
Georgia.
To
a
much
lesser
extent,
the
Bank
also
makes
loans
in
adjacent
Georgia
counties. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CCFH
is
a
unitary
savings
and
loan
holding
company
for
the
Heritage
Bank,
a
state
chartered
commercial
bank.
For
the
six
months
ended
6/01,
total
interest
income
rose
13%
to
$9.9
million.
Net
interest
income
after
loss
prov.
rose
4%
to
$4.2
million.
Net
income
decreased
41%
to
$344
thousand.
Net
interest
income
reflects
loan
growth,
partially
offset
by
higher
interest
on
deposits.
Earnings
suffered
from
the
acceleration
of
ESOP
payments. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Lee, Jr., 73 Chairman | -- | David Turner, 52 Pres,
CEO | $181K | Leonard Moreland, 39 Exec.
VP, CAO | 165K | Edith Stevens Sr.
VP, COO | -- | John Bowdoin Sr. VP and Fayette County Pres of the Bank | 118K | 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
|
|