| Business Summary | | Community
First
Bankshares,
Inc.
is
a
bank
holding
company
that,
as
of
December
31,
2000,
operated
banks
and
bank
branches
(the
Banks)
in
155
communities
in
Arizona,
California,
Colorado,
Iowa,
Minnesota,
Nebraska,
New
Mexico,
North
Dakota,
South
Dakota,
Utah,
Wisconsin
and
Wyoming.
The
Banks
are
community
banks
that
provide
a
full
range
of
commercial
and
consumer
banking
services
primarily
to
individuals
and
businesses
in
small
and
medium-sized
communities
and
the
surrounding
market
areas.
The
Banks
draw
most
of
their
deposits
from,
and
make
most
of
their
loans
within,
their
respective
market
areas.
Total
assets
of
the
Company
were
approximately
$6.1
billion
as
of
December
31,
2000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CFBK
is
a
multi-bank
holding
company
that
operates
banks
and
bank
branches
in
155
communities
in
12
states.
For
the
six
months
ended
6/30/01,
total
interest
income
fell
4%
to
$227.1
million.
Net
interest
income
after
loan
loss
prov.
fell
2%
to
$124.5
million.
Net
income
fell
24%
to
$28
million.
Net
interest
income
reflects
a
lower
level
of
earning
assets,
partially
offset
by
lower
interest
on
short-term
debt.
Lower
income
reflects
a
$7.7
million
restructuring
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Donald Mengedoth, 56 Chairman | $849K | -- | Mark Anderson, 44 Pres,
CEO, Director | 632K | $76K | Craig Weiss, 39 CFO,
Exec. VP | -- | -- | Ronald Strand, 54 COO
and Vice Chairman--Financial Services Division | 537K | 81K | Thomas Anderson, 45 Exec.
VP, Treasurer | -- | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|