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NASB Financial Inc

 
Hoover's Profile: NASB Financial, Inc.
(NASDAQ (CM):NASB)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
NASB Financial, Inc.
12498 S. Hwy. 71
Grandview, MO 64030
MO Tel. 816-765-2200
Fax 816-316-4504

Type: Public
On the web: http://www.nasb.com
Employees: 383
Employee growth: 13.0%

NASB Financial is the holding company for North American Savings Bank, which operates about 15 branches and loan offices in the Kansas City area. Established in 1927, the bank offers a range of deposit products to retail and commercial customers, including checking, savings, and money market accounts and CDs. Its lending activities are fairly evenly split between mortgages secured by residential, commercial, and development properties. Subsidiary Nor-Am sells annuities, mutual funds, and credit life and disability insurance. Chairman David Hancock and his wife Linda (a board member) own a majority of NASB Financial.

Key numbers for fiscal year ending September, 2009:
Sales: $87.9M
One year growth: 53.1%
Net income: $18.7M
Income growth: 101.3%

Officers:
Chairman and CEO, NASB Financial and North American Savings Bank; Chairman, Nor-Am: David H. Hancock
President and Director; President, North American Savings Bank: Keith B. Cox
VP and Treasurer; SVP and CFO, North American Savings Bank: Rhonda Nyhus

Competitors:
Bank of America
Commerce Bancshares
UMB Financial

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