| Business Summary | | Alaska
Pacific
Bancshares,
Inc.
is
the
holding
company
of
Alaska
Pacific
Bank.
Alaska
Pacific
operates
as
a
community
oriented
financial
institution
and
is
devoted
to
serving
the
needs
of
its
customers.
The
Savings
Bank's
business
consists
primarily
of
attracting
retail
deposits
from
the
general
public
and
using
those
funds
to
originate
one-
to
four-family
mortgage
loans.
To
a
lesser
but
growing
extent,
the
Savings
Bank
also
originates
commercial
business
loans,
consumer
loans,
residential
construction
loans
and
commercial
real
estate
loans. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Alaska
Pacific
Bancshares
is
a
bank
holding
company
for
Alaska
Federal
Savings
Bank
which
operates
six
full
service
offices
in
Southeast
Alaska.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
14%
to
$5.3
million.
Net
interest
income
after
loan
loss
prov.
rose
12%
to
$2.8
million.
Net
income
rose
3%
to
$114
thousand.
Results
reflect
higher
average
balances,
partially
offset
by
higher
interest
on
deposits
and
increased
salaries
and
benefits. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Avrum Gross, 64 Chairman | -- | Craig Dahl, 51 Pres
and CEO | $185K | Roger Grummett, 58 Vice
Chairman | -- | Roger White, 49 Sr.
VP, CFO and Sec. | -- | Lisa Bell, 40 Sr.
VP and COO | -- | 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
|
|