| Business Summary | | FPB
Financial
Corp.
is
the
holding
company
for
Florida
Parishes
Bank
(the
Bank),
a
federal
mutual
savings
bank.
The
Company's
business
consists
principally
of
attracting
deposits
from
the
general
public
and
using
those
funds
to
originate
loans
secured
by
one-
to
four-family
residential
loans
and,
to
a
lesser
extent,
consumer
loans,
construction
loans,
commercial
real
estate
loans
and
land
loans.
As
of
December
31,
2000,
the
Company
had
total
assets
of
$61.4
million,
deposits
of
$46
million
and
total
stockholders'
equity
of
$6.8
million.
Deposits
are
the
primary
source
of
the
Company's
funds
for
lending
and
other
investment
purposes.
The
Bank's
deposits
are
obtained
primarily
from
residents
of
Tangipahoa
Parish
and,
to
a
lesser
extent,
Livingston
and
St.
Tammany
Parishes,
in
Louisiana. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FPB
Financial
Corp.,
a
Louisiana
corporation,
is
the
parent
holding
company
for
Florida
Parishes
Bank,
a
federally
chartered
stock
savings
bank.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
15%
to
$2.3
million.
Net
interest
income
after
loan
loss
prov.
rose
3%
to
$818
thousand.
Net
income
fell
29%
to
$144
thousand.
Net
interest
income
reflects
higher
loans
receivable,
partially
offset
by
higher
interest
on
deposits.
Lower
income
reflects
higher
compensation
cost. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
1,140;
after
tax
earnings
were
87. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Bill Bowden, 73 Chairman | -- | Fritz Anderson, ll, 38 Pres,
CEO, Director | $122K | G. Wayne Allen, 49 Sr.
VP, Sec., Director | -- | 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
|
|