| Business Summary | | Matrix
Bancorp,
Inc.
is
a
thrift
holding
company
that,
through
its
subsidiaries,
focuses
on
traditional
banking,
mortgage
banking,
trust
and
clearing
activities
and
other
fee-based
services
and
lending
activities.
Its
traditional
banking
activities
include
originating
and
servicing
residential,
commercial
and
consumer
loans
and
providing
a
broad
range
of
depository
services.
Its
mortgage
banking
activities
consist
of
purchasing
and
selling
residential
mortgage
loans
and
residential
mortgage
servicing
rights;
offering
brokerage,
consulting
and
analytical
services
to
financial
services
companies
and
financial
institutions;
servicing
residential
mortgage
portfolios
for
investors;
originating
residential
mortgages,
and
providing
real
estate
management
and
disposition
services.
The
Company
also
has
trust
and
clearing
activities
and
other
fee-based
services
and
lending
activities.
In
addition,
the
Company
offers
financing
to
charter
schools
for
the
purchase
of
school
sites
and
equipment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MTXC
is
a
unitary
thrift
holding
company
for
Matrix
Bank,
a
federal
savings
bank,
and
other
non-bank
financial
subsidiaries.
For
the
six
months
ended
6/30/01,
interest
income
rose
23%
to
$57
million.
Net
interest
income
after
loan
loss
provision
rose
49%
to
$18.3
million.
Net
income
before
accounting
change
totalled
$3.9
million,
up
from
$1.9
million.
Results
reflects
loan
growth,
decreased
loan
loss
provisions,
and
higher
income
from
loan
origination. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard Schmitz, 38 Chairman | $379K | Guy Gibson, 36 Pres,
CEO | 377K | Thomas Cronin, 55 Vice
Chairman | -- | D. Mark Spencer, 41 Vice
Chairman | 386K | David Kloos, 39 CFO,
Sr. VP, Director | 350K | 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
|
|