| Business Summary | | Home
Loan
Financial
Corporation
was
incorporated
for
the
purpose
of
purchasing
all
of
the
capital
stock
of
The
Home
Loan
Savings
Bank
issued
in
connection
with
the
conversion
of
the
Bank
from
mutual
to
stock
form.
The
principal
business
of
HLFC
since
the
effective
date
of
the
Conversion
has
been
holding
all
of
the
issued
and
outstanding
shares
of
the
Bank.
The
Bank
was
organized
as
a
mutual
savings
and
loan
association
and
business
from
its
main
office
located
in
Coshocton,
Ohio
and
full-service
branch
offices
in
Coshocton
and
West
Lafayette,
Ohio.
The
principal
business
of
the
Bank
is
the
origination
of
permanent
mortgage
loans
secured
by
one-
to
four-family
residential
real
estate
located
in
Coshocton
County,
Ohio,
the
Bank's
primary
market
area. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HLFC
is
a
bank
holding
company
for
The
Home
Loan
Savings
Bank,
a
stock
savings
and
loan
association
with
three
offices
in
Coshocton,
Ohio.
For
the
nine
months
ended
3/31/01,
interest
income
rose
17%
to
$7.1
million.
Net
interest
income
after
loan
loss
prov.
rose
15%
to
$3.5
million.
Net
income
rose
36%
to
$1
million.
Net
interest
income
reflects
increased
earning
assets,
partially
offset
by
higher
costs
of
funds.
Earnings
benefitted
from
increased
service
charges
and
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Hamilton, 57 Chairman,
Pres, CEO | $286K | Dollar amounts are as of 30-June-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
|
|