| Business Summary | | Peoples
Bancorp
was
organized
to
become
the
thrift
holding
company
for
Peoples
Federal
Savings
Bank
of
DeKalb
County,
Indiana.
The
Company
is
the
sole
shareholder
of
Peoples
Federal.
Peoples
Federal
conducts
business
from
its
main
office
in
Auburn
and
its
seven
full-service
offices
located
in
Avilla,
Columbia
City,
Garrett,
Kendallville,
LaGrange,
and
Waterloo,
Indiana.
Peoples
Federal
offers
a
full
range
of
retail
deposit
services
and
lending
services
to
northeastern
Indiana.
On
February
29,
2000,
a
merger
was
completed
with
Three
Rivers
Financial
Corp.
and
its
subsidiary
First
Savings
Bank
of
Three
Rivers,
Michigan.
The
Company
became
the
sole
shareholder
of
First
Savings.
First
Savings
conducts
business
from
its
main
office
in
Three
Rivers,
Michigan,
and
its
five
full-service
offices
in
Union,
and
Schoolcraft,
Michigan,
and
Howe
and
Middlebury,
Indiana. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PFDC
is
a
bank
holding
company
for
Peoples
Federal
Savings
Bank,
a
federally-chartered
capital
stock
savings
bank.
For
the
nine
months
ended
6/30/01,
total
interest
income
rose
23%
to
$26.7
million.
Net
interest
income
after
loan
loss
prov.
rose
14%
to
$11.5
million.
Net
income
rose
1%
to
$3.6
million.
Net
interest
income
reflect
the
increase
in
interest-earning
assets,
partially
offset
by
higher
interest
on
deposits.
Net
income
were
partially
offset
by
higher
personnel
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Roger Wertenberger, 68 Chairman | -- | Maurice Winkler, III, 44 Pres,
CEO, Director | $137K | Deborah Stanger, 44 Treasurer | -- | Cheri Taylor, 49 Sec. | -- | Dollar
amounts are as of 30-Sep-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
|
|