| Business Summary | | CBES
Bancorp,
Inc.
was
formed
at
the
direction
of
Community
Bank
of
Excelsior
Springs,
a
savings
bank,
for
the
purpose
of
owning
all
of
the
outstanding
stock
of
the
Bank
issued
upon
the
conversion
of
the
Bank
from
the
mutual
to
stock
form.
Community
Bank
is
a
federally
chartered
savings
bank
headquartered
in
Excelsior
Springs,
Missouri.
Community
Bank
has
been,
and
intends
to
continue
to
be,
a
community-oriented
financial
institution
offering
selected
financial
services
to
meet
the
needs
of
the
communities
it
serves.
The
Bank
attracts
deposits
from
the
general
public
and
historically
has
used
such
deposits,
together
with
other
funds,
primarily
to
originate
one-
to
four-family
residential
mortgage
loans,
construction
and
land
loans
for
single-family
residential
properties,
and
consumer
loans
consisting
primarily
of
loans
secured
by
automobiles. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CBES
Bancorp,
Inc.
is
the
savings
and
loan
holding
company
of
Community
Bank
of
Excelsior
Springs.
For
the
nine
months
ended
3/01,
interest
income
rose
1%
to
$9.9
million.
Net
interest
income
after
loan
provision
fell
27%
to
$2.3
million.
Net
loss
totalled
$602
thousand,
vs.
an
income
of
$73
thousand.
Net
interest
income
reflects
an
increased
balance
of
FHLB
daily
time
and
checking
offset
by
higher
interest
paid
on
deposits.
Net
loss
reflects
lower
gains
from
the
sale
of
loans. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Dennis Hartman, 46 Chairman,
Pres, CEO | $92K | Robert Kirk, 53 CFO | -- | James Alderson, 54 Mang.
of the Consumer Loan Department | -- | Margaret Teegarden, 51 Mang.
of the Bank's Savings Department | -- | 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
|
|