| | Business Summary | | Waypoint
Financial
is
the
holding
company
for
Harris
Savings
Bank
and
York
Federal
Savings
and
Loan
Association.
Waypoint
Financial
intends
to
merge
Harris
Savings
Bank
and
York
Federal
in
the
fourth
quarter
of
calendar
2000,
and
the
combined
bank
will
be
operated
as
Waypoint
Bank.
Waypoint
Financial
operates
58
branches
in
five
counties
of
south
central
Pennsylvania
and
Washington
County
and
Harford
County,
Maryland.
The
assets
of
Waypoint
Financial
based
on
the
combined
assets
of
Harris
Financial
and
York
Financial
as
of
September
30,
2000
totaled
approximately
$4.6
billion. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Waypoint
Financial
Corp.
is
a
savings
and
loan
holding
company
for
the
Harris
Savings
Bank
and
the
York
Federal
Savings
and
Loan
Association.
For
the
six
months
ended
6/30/01,
interest
income
rose
9%
to
$169.1
million.
Net
interest
income
after
loan
loss
prov.
rose
8%
to
$51.8
million.
Net
income
rose
39%
to
$18.5
million.
Net
interest
income
reflects
increased
loans,
partially
offset
by
higher
cost
of
funds.
Net
income
reflects
an
increase
in
gains
on
the
sales
of
securities. | | More
from
Market Guide: Significant
Developments |
| | |
| Position | | Charles Pearson, Jr., 60 | Co-Chairman,
CEO | | Robert Pullo, 60 | Co-Chairman | | David Zuern | Pres,
COO | | James Moss, 46 | CFO,
Exec. VP | | Robert Angelo, 52 | Sr.
Exec. VP, CAO |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/w/wypt.gif)