| Business Summary | | ASB
Financial
Corp.
is
a
unitary
savings
and
loan
holding
company
that
owns
all
of
the
issued
and
outstanding
common
shares
of
American
Savings
Bank,
fsb,
a
federal
savings
bank.
American
is
principally
engaged
in
the
business
of
originating
real
estate
loans
secured
by
first
mortgages
on
one-
to
four-family
residential
real
estate
located
in
its
primary
market
area
consisting
of
the
City
of
Portsmouth
and
contiguous
areas
of
Scioto
County,
Ohio.
It
also
makes
loans
secured
by
multifamily
real
estate
and
nonresidential
real
estate
and
secured
and
unsecured
consumer
loans.
In
addition,
American
purchases
interests
in
multifamily
real
estate
and
nonresidential
real
estate
loans
originated
and
serviced
by
other
lenders.
As
of
June
30,
2000,
the
Company
had
total
assets
of
$
131.9
million,
total
deposits
of
$110
million,
and
total
stockholders'
equity
of
$12.6
million. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ASBP
is
a
unitary
savings
and
loan
holding
company
for
American
Savings
Bank,
FSB,
a
federal
savings
bank.
For
the
fiscal
year
ended
6/30/01,
total
interest
income
rose
11%
to
$10.3
million.
Net
interest
income
after
loan
loss
prov.
rose
1%
to
$3.9
million.
Net
income
rose
5%
to
$1.1
million.
Net
interest
income
reflects
increased
loan
portfolios
outstanding,
partially
offset
by
higher
interest
on
deposits.
Higher
income
reflects
higher
other
income. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
2,551;
after
tax
earnings
were
311. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Gerald Jenkins, 65 Chairman | -- | Robert Smith, 54 Pres | -- | Carlisa Baker, 38 Treasurer | -- | Mary Fish, 49 Sec. | -- | Jack Stephenson, 48 VP
of Lending of American | $169K | 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
|
|