| Business Summary | | Columbia
Financial
of
Kentucky,
Inc.,
a
unitary
savings
and
loan
holding
company,
owns
all
issued
and
outstanding
common
stock
of
Columbia
Federal
Savings
Bank,
a
savings
association.
Columbia
Federal
is
principally
engaged
in
the
business
of
making
permanent
first
mortgage
loans
secured
by
one-
to
four-family
residential
real
estate
located
in
Columbia
Federal's
primary
lending
area,
and
investing
in
United
States
Government
and
agency
obligations,
interest-bearing
deposits
in
other
financial
institutions
and
mortgage-backed
securities.
Columbia
Federal
also
originates
loans
for
the
construction
of
residential
real
estate
and
loans
secured
by
multi-family
real
estate
(over
four
units)
and
nonresidential
real
estate. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CFKY
is
a
holding
company
for
Columbia
Federal
Savings
Bank
which
is
principally
engaged
in
the
business
of
making
permanent
first
mortgage
loans.
For
the
nine
months
ended
6/30/01,
total
interest
income
fell
3%
to
$5.9
million.
Net
interest
income
after
loan
loss
prov.
fell
10%
to
$3
million.
Net
income
fell
91%
to
$48
thousand.
Results
reflect
decreased
mortgage-backed
securities
and
investments,
higher
interest
expenses
on
deposits,
and
a
decrease
in
fee
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Kenneth Kelly, 79 Chairman | -- | Robert Lynch, 55 Pres,
CEO, Director | $179K | Edward Schwartz, 51 VP | -- | Abijah Adams, 55 Treasurer | -- | Carol Margrave, 45 Sec. | -- | 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
|
|