| Business Summary | | Carver
Bancorp,
Inc.,
is
the
holding
company
for
Carver
Federal
Savings
Bank,
a
federally
chartered
savings
bank.
Carver's
principal
lending
activity
is
the
origination
of
mortgage
loans
for
the
purpose
of
purchasing
or
refinancing
one-
to
four-family
residential,
multi-family
residential,
and
commercial
properties.
Carver
also
originates
or
participates
in
loans
for
the
construction
or
renovation
of
commercial
property
and
residential
housing
developments
and
occasionally
originates
permanent
financing
upon
completion.
In
addition,
Carver
originates
home
equity
loans
and
consumer
loans
secured
by
deposits. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Carver
Bancorp,
Inc.
is
the
holding
company
for
Carver
Federal
Savings
Bank.
For
the
three
months
ended
6/30/01,
interest
income
fell
less
than
1%
to
$7
million.
Net
interest
income
after
loan
loss
prov.
rose
7%
to
$3.4
million.
Net
income
applicable
to
Common
totaled
$1.1
million,
up
from
$100
thousand.
Net
interest
income
reflects
lower
yield
and
volume
of
securities,
offset
by
lower
interest
on
borrowings.
Higher
income
reflects
a
$987
thousand
gain
on
the
sale
of
the
East
New
York
branch. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Schult Acting
CFO | -- | Deborah Wright, 42 Pres,
Chief Exec. | $262K | Margaret Peterson, 50 Sr.
VP, CAO | -- | Linda Dunn Sr. VP, Gen. Counsel, Sec. | -- | Walter Bond, 42 Sr.
VP and Special Assistant to the Pres and CEO | -- | Dollar
amounts are as of 31-Mar-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
|
|