| Business Summary | | First
Robinson
Financial
Corporation
was
incorporated
for
the
purpose
of
serving
as
a
holding
company
of
First
Robinson
Savings
Bank,
National
Association
(the
Bank).
The
Bank
is
a
community-oriented
financial
institution
and
seeks
to
serve
the
financial
needs
of
the
residents
and
businesses
in
its
market
area.
The
Bank
primarily
serves
Crawford
County,
Illinois.
The
principal
business
of
the
Bank
has
historically
consisted
of
attracting
retail
deposits
from
the
general
public
and
investing
those
funds
in
primarily
one-
to
four-family
residential
real
estate
loans
and,
to
a
lesser
extent,
consumer
loans,
commercial
and
agricultural
real
estate
loans
and
commercial
business
and
agricultural
finance
loans. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FRFC
is
bank
holding
company
for
the
First
Robinson
Savings
and
Loan
Association.
For
the
three
months
ended
6/30/01,
total
interest
income
fell
5%
to
$1.6
million.
Net
interest
income
after
loan
loss
provision
fell
12%
to
$768
thousand.
Net
income
fell
57%
to
$74
thousand.
Net
interest
income
reflects
decreased
yields
on
earning
assets
and
higher
cost
of
funds
and
loan
loss
provision.
Net
income
reflects
increased
compensation
and
employee
benefits. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Scott Pulliam, 43 | Chairman | Rick Catt, 47 | Pres,
CEO, Director | Jamie McReynolds, 36 | VP,
CFO, Sec., and Treasurer | William Sandiford, 42 | VP
of the Bank | W. Holt, 53 | VP
and Sr.Loan Officer for the Bank |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|