| Business Summary | | Roslyn
Bancorp,
Inc.
is
a
savings
and
loan
holding
company.
The
Company's
activities
consist
solely
of
managing
its
subsidiaries,
principally
The
Roslyn
Savings
Bank
and
subsidiaries
(collectively,
the
Bank).
The
Bank
is
a
community-oriented
stock
savings
bank.
The
Bank's
principal
business
consists
of
accepting
retail
deposits
from
the
general
public
in
the
areas
surrounding
its
branch
offices
and
investing
those
deposits,
together
with
funds
generated
from
operations
and
borrowings,
primarily
in
one-
to
four-family
residential
mortgage
loans,
commercial
real
estate
loans,
mortgage-backed
and
mortgage-related
securities
and
various
debt
and
equity
securities.
The
Bank
also
invests
in
multi-family,
construction
and
development,
home
equity,
consumer
and
student
loans.
The
Bank's
revenues
are
derived
principally
from
the
interest
income
generated
by
its
investment
securities,
mortgage,
consumer
and
commercial
loans
and
from
retail
banking
fees. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Roslyn
Bancorp,
Inc.
is
the
savings
and
loan
holding
company
for
The
Roslyn
Savings
Bank.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
6%
to
$283.1
million.
Net
interest
income
after
LLP
rose
2%
to
$105
million.
Net
income
before
extraordinary
items
rose
13%
to
$54.7
million.
Results
reflect
increased
interest
earning
assets,
partially
offset
by
higher
interest
paid
on
deposits.
Earnings
reflect
the
absence
of
a
$11.1
million
loss
on
the
sale
of
securities. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Tsimbinos, 63 Chairman
of the Company and Vice Chairman of the Board of the Bank | $800K | Joseph Mancino, 63 Vice
Chairman, Pres and Chief Exec. Officer of the Company | 1.4M | John Bransfield, Jr., 59 Vice
Chairman of the Company and Pres and COO of the Bank | 748K | Michael Puorro, 42 CFO
and Treasurer of the Company and Exec. VP & CFO of the Bank | 404K | R. Patrick Quinn Exec.
VP, Gen. Counsel, Sec. | -- | 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
|
|