| Business Summary | | Home
City
Financial
Corporation
is
a
unitary
savings
and
loan
holding
company
that
owns
Home
City
Federal
Savings
Bank
of
Springfield
(Home
City).
Home
City
is
a
savings
association
principally
engaged
in
the
business
of
making
permanent
first
and
second
mortgage
loans
secured
by
one-
to
four-family
residential
real
estate
and
non-residential
real
estate
located
in
Home
City's
primary
lending
area,
and
investing
in
United
States
Government
and
federal
agency
obligations,
interest-bearing
deposits
in
other
financial
institutions,
mortgage-backed
securities
and
municipal
securities.
Home
City
also
originates
loans
for
the
construction
of
residential
real
estate
and
loans
secured
by
multifamily
real
estate
(over
four
units),
commercial
loans
and
consumer
loans.
The
origination
of
commercial
and
consumer
loans,
both
secured
and
unsecured,
constitutes
a
growing
portion
of
Home
City's
lending
activities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HCFC
is
a
savings
and
loan
holding
company
for
Home
City
Federal
Savings
Bank
of
Springfield,
a
federal
stock
savings
bank
serving
the
Springfield,
OH
area.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
14%
to
$5.2
million.
Net
interest
income
after
loan
loss
provision
fell
1%
to
$1.9
million.
Net
income
fell
4%
to
$467
thousand.
Results
reflect
increased
interest
paid
on
deposits
and
borrowed
funds
and
increased
salaries
and
benefits
and
occupancy
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Conroy, 50 Chairman | -- | Douglas Ulery, 54 Pres,
CEO | $180K | Charles Mihal, 62 CFO,
Treasurer | -- | Don Lynam, 47 Exec.
VP | -- | Jo Ann Holdeman, 44 Sr.
VP, Sec. | -- | 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
|
|