| Business Summary | | Provident
Financial
Holdings,
Inc.
was
organized
for
the
purpose
of
becoming
the
holding
company
for
Provident
Savings
Bank,
F.S.B.
At
June
30,
2000,
the
Company
had
total
assets
of
$1.1
billion,
total
deposits
of
$696.5
million
and
stockholders'
equity
of
$89
million.
Provident
Financial
has
not
engaged
in
any
significant
activity
other
than
holding
the
stock
of
the
Savings
Bank.
The
Savings
Bank
is
a
financial
services
company
committed
to
serving
consumers
and
small-
to
mid-sized
businesses
in
Southern
California.
The
Savings
Bank
conducts
its
business
operations
as
Provident
Bank,
Provident
Bank
Mortgage
and
through
its
subsidiary,
Provident
Financial
Corp.
The
business
activities
of
the
Company
consist
of
community
banking
and
mortgage
banking. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PROV,
is
a
holding
company
for
Provident
Savings
Bank,
a
federal
stock
savings
bank.
For
the
fiscal
year
ended
6/30/01,
total
interest
income
increased
4%
to
$80.8
million.
Net
interest
income
after
loan
loss
provision
decreased
8%
to
$26.3
million.
Net
income
increased
22%
to
$8.9
million.
Net
interest
income
reflects
higher
average
interest-earning
assets,
offset
by
decreased
net
interest
margin.
Net
income
reflects
an
increase
in
gains
on
the
sale
of
loans. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Craig Blunden, 52 Pres,
CEO | $363K | Brian Riley, 35 CFO | 164K | Robert Schrader, 61 Sec. | 174K | Donald Blanchard, 50 Sr.
VP of Retail Banking of the Bank | 132K | Lilian Brunner, 45 Senor
VP and CIO of the Bank | 128K | 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
|
|