| Business Summary | | Great
American
Bancorp,
Inc.
is
a
thrift
holding
company
whose
principal
activity
is
the
ownership
and
management
of
First
Federal
Savings
Bank
of
Champaign-Urbana,
Illinois
(the
Bank).
The
Bank
operates
under
a
federal
savings
bank
charter
and
provides
full
banking
services.
The
Bank's
principal
business
consists
of
the
acceptance
of
retail
deposits
from
the
residents
and
small
businesses
surrounding
its
branch
offices,
and
the
investment
of
those
deposits,
together
with
funds
generated
from
operations,
primarily
in
one-
to
four-family
residential
mortgage
loans.
The
Bank
also
invests
in
a
variety
of
loans.
The
Company's
assets,
as
of
December
31,
2000,
consisted
primarily
of
the
investment
in
the
Bank
of
$10.3
million,
multifamily
real
estate
loans
of
$5.5
million,
commercial
real
estate
loans
totaling
$2.4
million,
one-to
four-family
mortgage
loans
of
$235,000
and
commercial
loans
totaling
$224,000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GTPS,
a
federally
chartered
stock
savings
bank,
provides
a
full
range
of
banking
services
with
emphasis
on
1-to-4
family
residential
mortgage,
consumer
and
commercial
loans
in
IL.
For
the
six
months
ended
6/30/01,
interest
income
increased
5%
to
$5.9
million.
Net
interest
income
after
loan
loss
provision
fell
less
than
1%
to
$2.8
million.
Net
income
rose
11%
to
$550
thousand.
Results
reflect
loan
growth,
increased
interest
costs,
offset
by
higher
insurance
commissions. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ronald Guenther, 55 Chairman | -- | George Rouse, 50 Pres
and CEO | $219K | Jane Adams, 43 CFO,
Sec., and Treasurer | -- | Melinda Waller, 41 Sr.
VP-Deposit Acquisitions | -- | Paul Wilson, 49 Sr.
VP-Lending of 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|