| | Business Summary | | Golden
West
Financial
Corporation
is
a
savings
and
loan
holding
company,
the
principal
business
of
which
is
the
operation
of
a
savings
bank
business
through
its
wholly
owned
savings
bank
subsidiary,
World
Savings
Bank,
FSB.
The
Company
operates
120
savings
branch
offices
in
California,
37
in
Florida,
36
in
Colorado,
22
in
Texas,
15
in
Arizona,
11
in
New
Jersey,
eight
in
Kansas,
and
four
in
Illinois.
In
addition,
the
Company
operates
278
loan
origination
offices.
Golden
West
Financial
also
has
two
other
subsidiaries,
Atlas
Advisers,
Inc.
and
Atlas
Securities,
Inc.,
which
were
formed
to
provide
services
to
Atlas
Assets,
Inc.,
a
series
open-end
registered
investment
company
sponsored
by
the
Company. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Golden
West
Financial
is
a
savings
and
loan
holding
company
for
the
World
Savings
and
Loan
Association,
and
the
World
Savings
Banks.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
32%
to
$2.23
billion.
Net
interest
income
after
loan
loss
provision
rose
39%
to
$757.1
million.
Net
income
before
acct.
change
rose
49%
to
$385
million.
Net
interest
income
reflects
an
increase
in
average
earning
assets.
Earnings
reflect
an
increase
in
fees. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Marion Sandler, 70
Co-Chairman
and Co-CEO | $1.2M | $2.8M | Herbert Sandler, 69
Co-Chairman,
Co-CEO | 1.2M | 1.3M | Russell Kettell, 57
Pres,
CFO, Treasurer | 665K | 985K | Michael Roster, 55
Exec.
VP, Gen. Counsel, Sec. | 313K | -- | James Judd, 62
Sr.
Exec. VP | 752K | 3.0M | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/g/gdw.gif)