| Business Summary | | Security
Investments
Group
is
a
holding
company
for
Security
Savings
Bank,
SLA,
a
New
Jersey
chartered
bank
with
30
branches. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Security
Investments
Group
is
a
holding
company
for
Security
Savings
Bank,
SLA
a
New
Jersey
chartered
bank
with
30
branches.
As
of
9/92,
assets
totalled
$1.19
billion.
Total
interest
income
for
the
nine
months
ended
9/92,
fell
22%
to
$65.3
million.
Net
interest
income
after
loan
loss
provision
fell
84%
to
$2.7
million.
Net
loss
from
continuing
operations
totalled
$27.9
million,
up
from
$1.9
million.
Loss
reflects
a
decline
in
interest
earning
assets
and
an
increase
in
loan
loss
provision. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | P. Paul Ricci, 79 | Chairman,
Pres, CEO | Richard Milstead, 58 | Sec.,
Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|