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Home > Company Index > Banking > Banking - Midwest > CoVest Bancshares, Inc.

CoVest Bancshares, Inc.
Nasdaq: COVB
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 PROFILE
Does CoVest know best about banking? The folks who work there think so. CoVest Bancshares is the holding company for CoVest Banc, which serves suburban Chicago through three banking offices. The bank's deposit products include checking, savings, and money market accounts, as well as CDs and IRAs. Residential mortgages comprise about 24% of the bank's loans and multi-family mortgages account for 32%. The bank also provides commercial real estate, construction, and consumer loans. Bank subsidiary CoVest Investments sells annuities and insurance and offers brokerage services.

 COMPETITION
BANK ONE CORPORATION (ONE)
Harris Bankcorp, Inc. (dossier)
Midwest Banc Holdings, Inc. (MBHI)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 46.70
1-Yr. Sales Growth: 9.6%
Employees: 121
Revenue per employee: $385,950.41

 KEY PEOPLE
• James L. Roberts
    CEO
• Paul A. Larsen
    CFO

 CONTACT INFO
749 Lee St.
Des Plaines, IL 60016
US
Phone: 847-294-6500
Fax: 847-824-4402
Online: Web Site

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