| Business Summary | | Community
Financial
Corp.
is
a
bank
holding
company
with
two
wholly
owned
bank
subsidiaries
headquartered
in
Illinois,
Community
Bank
&
Trust,
N.A.
in
Olney,
and
American
Bank
of
Illinois
in
Highland
(ABI).
The
Company's
principal
business
is
overseeing
the
business
of
its
wholly
owned
bank
subsidiaries
and
investing
its
assets.
As
of
December
31,
2000,
the
Company
had
total
assets
of
$277.7
million,
total
deposits
of
$232.8
million
and
stockholders'
equity
of
$34.9
million.
On
January
24,
2001,
the
Company
entered
into
a
definitive
agreement
for
the
sale
of
ABI.
The
transaction
is
expected
to
close
in
April,
2001.
On
March
1,
2001,
the
Company
completed
the
sale
of
two
of
its
subsidiaries,
The
Egyptian
State
Bank
in
Carrier
Mills,
Illinois,
and
MidAmerica
Bank
of
St.
Clair
County
in
O'Fallon,
Illinois.
On
March
30,
2001,
First
Financial
Corp.
entered
into
a
definitive
agreement
to
acquire
Community
Financial
Corp. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Community
Financial
Corp.
is
a
bank
holding
company
with
two
wholly
owned
subsidiaries
in
Illinois.
For
the
six
months
ended
6/30/01,
total
interest
income
fell
16%
to
$6.4
million.
Net
interest
income
after
LLP
fell
19%
to
$2.3
million.
Net
loss
totalled
$1.9
million,
vs.
an
income
of
$443
thousand.
Net
interest
income
reflects
decreased
interest
earning
assets
and
higher
interest
paid
on
deposits.
Net
loss
also
reflects
a
$1.8
million
loss
on
the
sale
of
subsidiary. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Roger Charleston, 56 Chairman | -- | Wayne Benson, 46 Pres,
CEO, Director | $131K | Douglas Tompson, 48 CFO | 123K | Dollar
amounts are as of 31-Dec-1999 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
|
|