| Business Summary | | Winton
Financial
Corporation
(WFC)
is
principally
engaged
in
holding
all
of
the
issued
and
outstanding
common
shares
of
the
Winton
Savings
and
Loan
Co.
(Winton),
a
savings
and
loan
association.
As
a
unitary
savings
and
loan
holding
company,
WFC,
through
Winton,
is
engaged
in
the
savings
and
loan
business.
Winton
is
predominantly
focused
on
the
business
of
making
first
mortgage
loans
to
finance
the
purchase,
construction
or
improvement
of
one-
to
four-family
residential
real
estate
or
other
real
estate
property
located
in
the
Bank's
primary
market
area.
Loan
funds
are
obtained
primarily
from
savings
deposits,
loan
repayments,
Federal
Home
Loan
Bank
advances
and
the
sale
of
loans.
Interest
earned
on
loans
is
Winton's
primary
source
of
revenue.
In
addition
to
originating
loans,
Winton
invests
in
United
States
Government
and
agency
obligations,
interest-bearing
deposits
in
other
financial
institutions
and
mortgage-backed
securities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Winton
Financial
Corp.
is
a
holding
company
for
The
Winton
Savings
and
Loan
Company.
For
the
nine
months
ended
6/01,
total
interest
income
fell
less
than
1%
to
$26.8
million.
Net
interest
income
after
loss
provision
fell
7%
to
$8.8
million.
Net
income
increased
4%
to
$2.8
million.
Net
interest
income
reflects
decreased
gains
on
investments,
along
with
a
lower
interest
spread.
Net
income
benefitted
from
higher
gains
on
the
sale
of
mortgage
loans. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Parchman, 81 Chairman
of teh Board | -- | Robert Bollin, 48 Pres,
Director | $251K | Jill Burke, 38 CFO | 116K | Gregory Bollin, 46 VP
of the Company and Exec. VP of Winton | 182K | Mary Lovett, 62 VP
of the Company and Sr. VP of Winton | -- | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|