The company has not filed an annual or quarterly report since its FY2019 10-K, filed Mar 12, 2020. Its latest SEC filing is a SC 13D/A from May 11, 2020.
10-K for FY2019, filed Mar 12, 2020
The sections below describe the company as of the FY2019 annual report.
Takes retail deposits and makes home, consumer and commercial loans for households and businesses.
10-K for FY2019, filed Mar 12, 2020Our principal business consists of attracting retail deposits from the general public, including some brokered deposits, and investing…View ↗
$85.3M
10-K for FY2019, filed Mar 12, 2020
$85.3M ↗| Segment | Share | Revenue |
|---|---|---|
|
Service Fees
|
65% |
Service Fees, FY2019
$8.9M Sources
|
|
Commissions
|
35% |
Commissions, FY2019
$4.8M Sources
|
Attracts retail deposits from the general public primarily through its financial-center network and lends to consumers and commercial borrowers. Wealth-management and brokerage services are offered in the bank’s market area.
10-K for FY2019, filed Mar 12, 2020Our principal business consists of attracting retail deposits from the general public, including some brokered deposits, and investing…View ↗
We face strong competition from other banks, credit unions, mortgage bankers and finance companies in originating commercial, real estate…View ↗
MutualWealth is the wealth management division of the Bank providing a variety of fee-based financial services, including trust…View ↗
MutualFinancial Services is the brokerage division of the Bank providing a variety of fee-based financial services related to securities…View ↗
Yes. It kept 28 cents of every revenue dollar as net income in FY2019 and turned 23 cents into free cash flow.
10-K for FY2019, filed Mar 12, 2020
Grew. Revenue grew 65% in 4 years, from $51.8M in FY2015 to $85.3M in FY2019, about 13% a year.
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