| | Business Summary | | Golden
State
Bancorp,
Inc.
is
a
holding
company
that
offers
diversified
financial
services
to
consumers
and
small
businesses
through
Golden
State
Holdings
Inc.,
which
owns
all
of
the
common
and
preferred
stock
of
California
Federal
Bank.
The
Company
provides
diversified
financial
services
to
consumers
and
small
businesses
in
California
and
Nevada.
The
Company's
principal
business
consists
of
operating
retail
branches
that
provide
deposit
products
such
as
demand,
transaction
and
savings
accounts,
and
selling
investment
products
such
as
mutual
funds,
annuities
and
insurance.
In
addition,
it
engages
in
mortgage
banking
activities,
including
originating
and
purchasing
one-to-four-unit
residential
loans
for
sale
to
various
investors
in
the
secondary
market
or
for
retention
in
its
own
portfolio,
and
servicing
loans
for
itself
and
others.
To
a
lesser
extent,
the
Company
originates
and/or
purchases
commercial
real
estate,
commercial
and
consumer
loans
for
investment. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | GSB
is
a
bank
holding
co.
for
California
Federal
Bank
FSB,
which
operates
354
offices
in
CA
and
NV.
For
the
six
months
ended
6/01,
total
interest
income
rose
5%
to
$2.09
billion.
Net
interest
income
after
loan
loss
provision
rose
12%
to
$646.7
million.
Net
income
before
extraordinary
item
and
accounting
change
rose
17%
to
$198.5
million.
Net
interest
income
reflects
higher
interest
earning
assets
and
a
lower
cost
of
funds.
Earnings
reflect
a
lower
minority
interest
charge. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Gerald Ford, 56
Chairman,
CEO | $4.1M | Carl Webb, 51
Pres,
COO, Director | 2.2M | Richard Terzian, 64
Group
Exec. VP, CFO | -- | Christie Flanagan, 62
Group
Exec. VP, Gen. Counsel | 1.1M | Scott Kisting, 53
Group
Exec. VP | 1.3M | | 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/g/gsb.gif)