| Business Summary | | Security
Financial
Bancorp,
Inc.
is
the
holding
company
for
Security
Federal
Bank
&
Trust
(Security
Federal).
Security
Financial's
sole
business
activity
is
the
ownership
of
all
of
Security
Federal's
capital
stock.
Security
Financial
does
not
transact
any
material
business
other
than
through
this
subsidiary.
Security
Federal's
principal
business
is
attracting
deposits
from
the
general
public
and
originating
loans
secured
by
one-
to
four-family
residential
real
estate
properties
located
in
its
market
area,
which
is
concentrated
in
the
communities
surrounding
its
five
banking
offices
located
in
Lake
County
and
one
banking
office
located
in
Porter
County,
as
well
as
Cook
and
Will
Counties
in
Illinois. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SFBI,
a
holding
company
for
Security
Fed'l
Bank
and
Trust,
attracts
deposits
from
the
general
public
and
uses
such
deposits
to
fund
loan
originations.
For
the
nine
months
ended
3/31/01,
interest
income
rose
4%
to
$10.8
million.
Net
interest
income
after
LLP
rose
1%
to
$5.6
million.
Net
income
rose
67%
to
$987
thousand.
Net
interest
income
reflects
increased
earning
assets,
partially
offset
by
higher
cost
of
deposits.
Net
income
reflects
a
reduction
in
the
number
of
employees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Mary Bonaventura Chairman | -- | John Hyland, 49 Pres,
CEO, Director | $210K | Lawrence Parducci, 68 Vice
Chairman, Sec. | -- | Patrick Hunt CFO, Exec. VP | -- | 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
|
|