| Business Summary | | Chesterfield
Financial
Corp.
is
savings
and
loan
holding
company
of
Chesterfield
Federal,
a
community-oriented
savings
institution
offering
a
variety
of
financial
products
to
meet
the
needs
of
the
communities
it
serves.
Chesterfield
Federal's
lending
and
deposit-
gathering
area
is
concentrated
in
the
neighborhoods
surrounding
its
four
offices
in
the
State
of
Illinois:
its
main
office
and
one
branch
office
in
Chicago,
one
branch
office
in
Palos
Hills,
which
is
located
in
Cook
County,
and
one
branch
office
in
Frankfort,
which
is
located
in
Will
County.
Deposits
comprise
the
primary
source
of
funds
for
lending
and
other
investment
purposes.
Deposit
products
include
demand
and
NOW,
money
market,
savings,
and
term
certificate
accounts.
The
Company's
loan
portfolio
is
comprised
mainly
of
one-to
four-family
residential
real
estate
loans.
In
addition
to
residential
real
estate
loans,
the
loan
portfolio
consists
primarily
of
home
equity
lines
of
credit
and
consumer
loans. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Chesterfield
Financial
Corp.,
is
a
holding
company
for
Chesterfield
Federal
Savings
and
Loan
Association
of
Chicago.
For
the
nine
months
ended
3/31/01,
interest
income
rose
5%
to
$15.2
million.
Net
interest
income
after
loan
loss
provision
rose
6%
to
$6.8
million.
Net
income
rose
14%
to
$1.9
million.
Net
interest
income
reflects
increased
interest
earning
assets
and
lower
provision
for
loan
losses.
Earnings
also
reflect
higher
insurance
commissions. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael DeHaan, 56 Pres,
CEO, Director | $226K | Richard Urchell, 64 VP,
Sec., Director | -- | Dollar amounts are as of 30-June-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
|
|