| Business Summary | | Consumers
Bancorp,
Inc.
owns
all
of
the
issued
and
outstanding
capital
stock
of
Consumers
National
Bank.
The
Bank's
business
involves
attracting
deposits
from
business
and
individual
customers
and
using
such
deposits
to
originate
commercial,
mortgage
and
consumer
loans
in
its
market
area,
consisting
primarily
of
Stark,
Columbiana,
Carroll
and
contiguous
counties
in
Ohio.
The
Bank
also
invests
in
securities
consisting
primarily
of
United
States
government
and
government
agency
obligations,
municipal
obligations,
mortgage-backed
securities
and
other
securities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CBKM,
is
the
holding
company
of
Consumers
National
Bank
in
Ohio.
The
Company
also
owns
100%
of
Community
Finance
Mortgage
Co.,
Inc.
For
the
nine
months
ended
3/31/01,
interest
income
rose
20%
to
$10.4
million.
Net
interest
income
after
LLP
rose
8%
to
$5.9
million.
Net
income
rose
5%
to
$1.5
million.
Net
interest
income
reflect
higher
average
loan
outstanding,
partially
offset
by
higher
interest
paid
on
deposits.
Net
income
reflects
higher
personnel
and
occupany
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
after
tax
earnings
were
549. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Laurie McClellan, 46 Chairman | -- | Mark Kelly, 49 Pres,
CEO, Director | $193K | J. Hanna, 75 VP,
Director | -- | Walter Young, 76 VP,
Director | -- | Dollar amounts are as of 30-June-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
|
|