| Business Summary | | BankAtlantic
Bancorp,
Inc.
is
a
diversified
financial
services
holding
company
that
owns
BankAtlantic,
Levitt
Corporation
(a
subsidiary
of
BankAtlantic)
and
Ryan,
Beck
&
Co.,
LLC.
BankAtlantic,
a
federally
chartered
and
insured
savings
bank,
provides
traditional
retail
banking
services
and
a
full
range
of
commercial
banking
products
and
related
financial
services
through
70
branch
offices
located
primarily
in
Miami-Dade,
Broward,
Hillsborough
and
Palm
Beach
Counties
in
Florida.
BankAtlantic's
activities
include
attracting
checking
and
savings
deposits
from
the
public
and
general
business
customers,
originating
commercial
real
estate
and
business
loans,
consumer
and
small
business
loans,
purchasing
wholesale
residential
loans
from
third
parties
and
making
other
investments
in
mortgage-backed
securities,
tax
certificates
and
other
securities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BBX
is
a
unitary
savings
bank
holding
company
for
BankAtlantic,
a
Federal
Savings
Bank
in
Florida.
For
the
six
months
ended
6/30/01,
interest
income
rose
8%
to
$169.9
million.
Net
interest
income
after
LLP
grew
30%
to
$58
million.
Net
income
from
continuing
operations
before
extraordinary
items
and
acct.
change
rose
78%
to
$15.4
million.
Net
interest
income
reflects
higher
average
interest
earning
assets,
and
lower
interest
on
advances
from
FHLB.
Earnings
also
reflect
a
gain
on
sale
of
real
estate. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Alan Levan, 56 Chairman,
Pres and CEO | $838K | John Abdo, 57 Vice
Chairman | 485K | James White, 57 Exec.
VP, CFO | 544K | Frank Grieco, 56 Exec.
VP | -- | Philip Dodge Sr. VP | -- | 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
|
|