| | Business Summary | | Cavalry
Bancorp,
Inc.
is
the
holding
company
for
Cavalry
Banking
(the
Bank),
a
federally
chartered
stock
savings
bank.
The
Bank
is
a
community-oriented
financial
institution
whose
primary
business
is
attracting
deposits
from
the
general
public
and
using
those
funds
to
originate
a
variety
of
loans
to
individuals
residing
within
its
primary
market
area
of
Rutherford,
Bedford
and
Williamson
Counties
in
Central
Tennessee
and
to
businesses
owned
and
operated
by
such
individuals.
The
Bank
originates
both
adjustable
rate
mortgage
(ARM)
loans
and
fixed-rate
mortgage
loans.
In
addition,
the
Bank
actively
originates
construction
and
acquisition
and
development
loans
and
also
originates
commercial
real
estate,
commercial
business
and
consumer
and
other
non-real
estate
loans.
At
December
31,
2000,
the
Company
had
total
assets
of
$384.3
million,
total
deposits
of
$336.5
million
and
shareholders'
equity
of
$44
million. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Cavalry
Bancorp,
Inc.
is
a
bank
holding
company
for
Cavalry
Banking,
with
branches
in
Rutherford,
Bedford
and
Williamson
counties
in
Central
Tennessee.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
4%
to
$14.7
million.
Net
interest
income
after
loan
loss
provision
fell
5%
to
$7.4
million.
Net
income
fell
1%
to
$1.9
million.
Results
reflect
increased
loan
growth,
offset
by
increased
interest
paid
on
deposits.
Earnings
reflect
the
absence
of
gains
on
the
sale
of
loans. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ed Loughry, Jr., 58
Chairman,
CEO | $262K | Ronald Knight, 50
Pres,
COO, Director | 228K | Gary Brown, 58
Vice
Chairman | -- | William Jones, 41
Exec.
VP, CAO | 160K | Hillard Gardner, 52
Sr.
VP and CFO | 130K | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/c/cavb.gif)