| Business Summary | | WHG
Bancshares
Corporation
is
the
unitary
savings
and
loan
holding
company
for
Heritage
Savings
Bank,
F.S.B.
The
Company
conducts
no
significant
business
or
operations
of
its
own
other
than
holding
all
of
the
outstanding
stock
of
the
Bank.
The
Bank
is
a
federally
chartered
stock
savings
bank.
The
Bank
operates
a
traditional
savings
bank
business,
attracting
deposit
accounts
from
the
general
public
and
using
those
deposits,
together
with
other
funds,
primarily
to
originate
and
invest
in
loans
secured
by
single-family
residential
real
estate. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | WHG
Bancshares
Corp.
is
a
holding
company
for
Heritage
Savings
Bank,
a
Baltimore
area
S&L.
For
the
nine
months
ended
6/30/01,
interest
income
increased
4%
to
$8.7
million.
Net
interest
income
after
loan
loss
prov.
fell
7%
to
$2.8
million.
Net
income
fell
42%
to
$368
thousand.
Net
interest
income
reflects
growth
in
interest
earning
assets,
offset
by
higher
costs
of
deposits
and
borrowings.
Earnings
also
reflect
increased
salaries
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Lufburrow, 75 Chairman | -- | Peggy Stewart, 64 Pres,
CEO | $209K | Daniel Gallagher, 43 CFO,
Exec. VP and Sr. Compliance Officer | -- | Diana Rohrback, 48 VP
and Corp. Sec. | -- | Robin Taylor, 40 Controller | -- | 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
|
|