| Business Summary | | Access
Anytime
Bancorp,
Inc.
was
organized
for
the
purpose
of
becoming
the
thrift
holding
company
of
First
Savings
Bank,
F.S.B.,
renamed
FirstBank
(the
Bank).
The
Company
owns
all
of
the
outstanding
stock
of
the
Bank,
which
is
the
Company's
principal
asset.
The
Company's
and
the
Bank's
revenues
are
derived
principally
from
interest
on
loans
and
securities,
servicing
fee
income,
income
from
deposit
account
service
charges
and
gains
on
the
sale
of
loans.
The
Bank
is
engaged
in
the
business
of
attracting
deposits
from
the
general
public,
making
loans
secured
by
first
liens
on
single-family
homes
(primarily
for
sale
into
the
secondary
market),
consumer
and
commercial
loans,
and
investing
in
mortgage-related
securities.
The
principal
sources
of
funds
for
the
Bank's
lending
and
investing
activities
include
the
sale
of
loans,
principal
payments
and
prepayments
on
loans
and
mortgage-related
securities,
and
deposits. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Access
Anytime
Bancorp
is
a
bank
holding
company
for
FirstBank,
a
federally
chartered
savings
bank
with
three
offices
in
Clovis
and
Portales,
NM.
For
the
six
months
ended
6/30/01
total
interest
income
rose
14%
to
$5.9
million.
Net
interest
income
after
loan
loss
prov.
rose
1%
to
$2.5
million.
Net
income
rose
35%
to
$361
thousand.
Net
interest
income
reflects
increased
interest
on
loans,
partially
offset
by
higher
interest
on
deposits.
Earnings
reflect
increased
gains
on
sale
of
loans. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Norman Corzine, 58 Chairman
and CEO | $213K | Ken Huey, Jr., 56 Pres,
CFO, Director | 198K | 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
|
|