| Business Summary | | FSF
Financial
Corp.
is
the
holding
company
for
its
wholly
owned
subsidiary,
First
Federal
fsb.
First
Federal's
business
consists
primarily
of
attracting
deposits
from
the
general
public
and
using
such
deposits,
together
with
borrowings
and
other
funds,
to
make
mortgage
loans
secured
by
residential
real
estate
located
in
Minnesota.
At
September
30,
2000,
First
Federal
operated
11
retail-banking
offices
in
Minnesota.
Aside
from
the
Bank,
the
Company
operates
another
wholly
owned
subsidiary,
Insurance
Planners,
an
independent
property
and
casualty
insurance
agency. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FFHH
is
a
holding
company
for
First
Federal
FSB,
a
federally-chartered
stock
savings
bank
that
has
11
branches
in
MN.
For
the
nine
months
ended
6/30/01,
interest
income
rose
13%
to
$26.7
million.
Net
interest
income
after
loan
loss
prov.
fell
6%
to
$9
million.
Net
income
fell
2%
to
$2.6
million.
Results
reflect
increased
average
yield
on
loans
and
higher
balance
of
investments,
offset
by
increased
costs
for
borrowings
and
higher
compensation
and
benefit
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Donald Glas, 50 Co-Chairman
and CEO | $277K | $11.9K | George Loban, 50 Co-Chairman
and Pres | 277K | 4.7K | Richard Burgart, 53 CFO,
Treasurer, Sec., | 201K | 0.1K | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|