| Business Summary | | First
Federal
Capital
Corp.
is
the
savings
and
loan
holding
company
for
First
Federal
Saving
Bank
of
La
Crosse-Madison
(the
Bank).
The
Bank
is
a
federally
chartered,
federally
insured,
savings
bank
headquartered
in
La
Crosse,
Wisconsin.
The
Bank's
primary
business
is
retail
community
banking,
which
includes
attracting
deposits
from
and
making
loans
to
the
general
public.
In
addition
to
deposits,
the
Bank
obtains
funds
through
borrowings
from
the
Federal
Home
Loan
Bank
of
Chicago,
as
well
as
through
other
sources
such
as
securities
sold
under
agreements
to
repurchase
and
purchases
of
federal
funds.
These
funding
sources
are
principally
used
to
originate
loans,
including
single-family
residential
loans,
commercial
real
estate
loans,
consumer
loans,
and
education
loans.
The
Bank
also
purchases
single-family
residential
and
commercial
real
estate
loans
from
third
party
financial
institutions
and
invests
in
mortgage-backed
and
related
securities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | First
Federal
Capital
and
its
subsidiary
provide
a
wide
range
of
financial
services
to
individuals
and
businesses
in
WI.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
12%
to
$85.8
million.
Net
interest
income
after
loan
loss
provision
fell
less
than
1%
to
$29.3
million.
Net
income
rose
12%
to
$12.3
million.
Results
reflect
higher
interest
earning
assets,
offset
by
higher
interest
paid
on
deposits.
Earnings
reflect
higher
gains
on
the
sale
of
loans. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Thomas Schini, 65 Chairman | $568K | Jack Rusch, 54 Pres,
CEO, Director | 507K | Dale Nordeen, 73 Vice
Chairman, Director of the Company and the Bank | -- | Bradford Price, 47 Exec.
VP, Sec. of the Company and the Bank | 288K | Michael Dosland, 41 Sr.
VP, Treasurer, CFO | -- | 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
|
|