| Business Summary | | First
Franklin
Corporation
is
the
holding
company
for
the
Franklin
Savings
and
Loan
Company
(Franklin).
Franklin,
an
Ohio-chartered
stock
savings
and
loan
association,
conducts
business
from
its
main
office
in
Cincinnati,
Ohio,
and
its
six
full
service
branch
and
one
loan
origination
office
in
Hamilton
County,
Ohio.
The
principal
business
of
Franklin
is
the
acceptance
of
savings
deposits
from
the
general
public
and
the
origination
of
mortgage
loans
for
the
purpose
of
financing,
refinancing
or
constructing
one-
to
four-family
owner
occupied
residential
real
estate.
Franklin
also
makes
loans
secured
by
multi-family
real
estate
and
nonresidential
real
estate
and
loans
for
consumer
purposes.
At
December
31,
2000,
Franklin
had
approximately
$276.06
million
of
assets
and
deposits
of
approximately
$185.64
million. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FFHS
is
a
S&L
holding
company
for
The
Franklin
Savings
and
Loan
Company,
which
operates
seven
offices
in
OH.
For
the
six
months
ended
6/30/01,
interest
income
rose
8%
to
$9.8
million.
Net
interest
income
after
loan
loss
prov.
fell
10%
to
$2.9
million.
Net
income
fell
12%
to
$683
thousand.
Results
reflect
an
increase
in
certificates
of
deposit
and
FHLB
advances,
a
decrease
in
the
interest
rate
spread
and
an
increase
in
occupancy,
federal
deposit
insurance
and
service
bureau
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Thomas Siemers, 67 Pres
and CEO | $252K | Daniel Voelpel, 52 VP
and CFO of the Company and Franklin | 137K | Gretchen Schmidt, 44 Sec.,
Treasurer and VP of Operations of Franklin | -- | David Haerr, 68 VP
and CLO of Franklin | -- | 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
|
|