| Business Summary | | North
Bancshares,
Inc.
is
a
bank
holding
company
conducts
business
through
its
subsidiary
North
Federal
Savings
Bank.
The
Company
attracts
deposits
from
the
general
public,
obtains
brokered
deposits
or
borrows
funds
and
uses
such
funds
to
originate
or
acquire
one-
to
four-family
residential
mortgages,
loans
secured
by
multi-family
apartment
buildings,
commercial
real
estate
loans
and
equity
loans
and
lines
of
credit
secured
by
real
estate.
The
Company
also
purchases
participating
interests
in
commercial
real
estate
loans
and
maintains
a
commercial
line
of
credit
with
a
manufactured
housing
developer.
North
Financial
Corp.,
a
subsidiary
of
the
Bank,
provides
general
insurance
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | North
Bancshares,
Inc.
is
a
holding
company
for
North
Federal
Savings
Bank.
For
the
six
months
ended
6/30/01,
total
interest
income
increased
2%
to
$4.7
million.
Net
interest
income
after
loan
loss
prov.
rose
1%
to
$1.8
million.
Net
income
fell
79%
to
$243
thousand.
Net
interest
income
reflects
increased
loan
balances,
partially
offset
by
higher
interest
paid
on
borrowed
funds
and
deposits.
Earnings
were
offset
by
the
absence
of
a
$1.3
million
gain
on
sale
of
real
estate. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Mary Ann Hass, 68 Chairman | -- | -- | Joseph Graber, 50 Pres,
CEO and DIrector | $174K | $9.9K | Victor Caputo, 56 COO,
Exec. VP, Sec. | 120K | -- | Martin Trofimuk, 40 VP
and Treasurer of the Company and the Bank | -- | -- | Karla Lauer, 33 VP
of the Bank | -- | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|