| Business Summary | | BFC
Financial
Corporation
is
a
unitary
savings
bank
holding
company
as
a
consequence
of
its
ownership
interest
in
the
common
stock
of
BankAtlantic
Bancorp,
Inc.
(BBC).
BBC
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,
federally-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
the
State
of
Florida.
Levitt
is
a
real
estate
developer.
Ryan
Beck
provides
a
full
range
of
investment
banking,
brokerage
and
investment
management
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BFC
Financial
Corp.
is
a
savings
bank
holding
company
for
BankAtlantic
Bancorp,
a
federally
chartered
bank.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
7%
to
$170.1
million.
Net
interest
income
after
LLP
rose
29%
to
$57.5
million.
Net
income
from
continuing
operations
before
accounting
change
and
extraordinary
items
totalled
$2.6
million
vs.
a
loss
of
$775
thousand.
Results
reflect
an
increase
in
interest-earning
assets
and
higher
average
security
balances. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Alan Levan, 56 Pres,
Chiarman of the Board, CEO | $713K | John Abdo, 57 Vice
Chairman | 300K | Glen Gilbert, 54 Exec.
VP, CFO, Chief Accounting Officer, Sec. | 159K | James White Exec.
VP and CFO of BankAtlantic Bancorp, Inc. | -- | 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
|
|