| Business Summary | | First
Federal
Bancshares
of
Arkansas,
Inc.
is
the
holding
company
for
First
Federal
Bank
of
Arkansas,
FA
(the
Bank),
a
federally
chartered
stock
savings
and
loan
association.
First
Federal
conducts
business
from
its
main
office
and
13
full-service
branch
offices.
The
offices
are
located
in
a
six-county
area
in
north-central
and
northwest
Arkansas,
which
is
comprised
of
Benton,
Marion,
Washington,
Carroll,
Baxter
and
Boone
Counties.
The
Bank
is
a
community-oriented
savings
institution
that
has
traditionally
offered
a
wide
variety
of
savings
products
to
its
retail
customers,
while
concentrating
its
lending
activities
on
the
origination
of
loans
collateralized
by
one-
to
four-family
residential
dwellings.
In
addition,
the
Bank
maintains
a
significant
portfolio
of
securities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FFBH
is
a
bank
holding
company
for
the
First
Federal
Bank
of
Arkansas,
FA.
For
the
three
months
ended
3/31/01,
total
interest
income
increased
5%
to
$13.1
million.
Net
interest
income
after
loan
loss
provision
decreased
9%
to
$4.4
million.
Net
income
fell
20%
to
$1.1
million.
Net
interest
income
reflects
an
increase
in
the
average
balance
of
investment
securities,
partially
offset
by
a
higher
rate
paid
for
deposits.
Net
income
was
offset
by
increased
salaries
and
benefits. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Frank Coffman, Jr., 78 Chairman | $346K | Larry Brandt, 52 Pres,
CEO, Director | 310K | Carolyn Thomason Exec.
VP and Sec. | 263K | Tommy Richardson Sr.
VP and CFO | 159K | Sherri Billings Sr.
VP and Treasurer | 151K | 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
|
|