| Business Summary | | Astoria
Financial
Corporation
is
the
unitary
savings
and
loan
association
holding
company
of
Astoria
Federal
Savings
and
Loan
Association
(Astoria
Federal).
The
Company's
primary
business
is
the
operation
of
its
wholly
owned
subsidiary,
Astoria
Federal.
In
addition
to
directing,
planning
and
coordinating
the
business
activities
of
Astoria
Federal,
the
Company
invests
primarily
in
U.S.
Government
and
federal
agency
securities,
mortgage-backed
securities
and
other
securities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Astoria
Financial
is
the
bank
holding
company
for
Astoria
Federal
Saving
and
Loan
Association.
For
the
six
months
ended
6/30/01,
interest
income
fell
3%
to
$735.5
million.
Net
interest
income
after
loan
loss
prov.
fell
7%
to
$239.4
million.
Net
income
applicable
to
Com.
before
acct.
change
rose
2%
to
$110.9
million.
Net
interest
income
reflects
a
decrease
in
mortgage
backed
securities
and
lower
interest
margins.
Net
income
benefitted
from
$8.5
million
in
bank
owned
life
insurance
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| George Engelke, Jr., 62 Chairman,
Pres and CEO | $1.2M | -- | John Conefry, Jr., 56 Vice
Chairman | 6.5M | $6.0M | Gerald Keegan, 54 Vice
Chairman, CAO | 515K | -- | Monte Redman, 50 Exec.
VP and CFO | 560K | -- | Alan Eggleston, 47 Exec.
VP, Assistant Sec. and Gen. Counsel | -- | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|