| Business Summary | | Peoples
Financial
Corporation
is
a
unitary
savings
and
loan
holding
company
that
owns
all
of
the
issued
and
outstanding
common
stock
of
Peoples
Federal
Savings
and
Loan
Association
of
Massillon,
a
savings
and
loan
association.
Peoples
Federal
conducts
business
from
its
main
office
and
a
full-service
branch
office,
both
located
in
Massillon,
Ohio,
and
a
lending
office
in
the
Belden
Village
area
of
North
Canton,
Ohio.
Peoples
Federal
is
principally
engaged
in
the
business
of
making
permanent
first
and
second
mortgage
loans
secured
by
one-
to
four-family
residential
real
estate,
and
investing
in
United
States
Government
and
agency
obligations,
interest-bearing
deposits
in
other
financial
institutions,
mortgage-backed
securities
and
municipal
securities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PFFC
is
a
bank
holding
company
for
Peoples
Federal
Savings
and
Loan
of
Massillon,
Ohio,
operating
two
branches
and
providing
mortgage
loans
on
1-to-4
family
residences.
For
the
six
months
ended
3/31/01,
total
interest
income
rose
13%
to
$3.8
million.
Net
interest
income
after
loan
loss
provision
fell
4%
to
$1.3
million.
Net
income
fell
16%
to
$259
thousand.
Results
reflect
increased
lending
activity,
offset
by
higher
interest
expenses
and
lower
gain
on
securities. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
1,911;
after
tax
earnings
were
154. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Vince Stephan, 84 Chairman | -- | Paul Von Gunten, 74 Pres,
CEO, Director | $150K | James Rinehart, 57 Treasurer
of PFC and Peoples Federal | -- | Linda Fowler, 56 Sec.
of Peoples Federal | -- | William Hart, 62 VP
of Peoples Federal | -- | 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
|
|