BUSINESS ANALYSIS DECADAL
: GLB Bancorp is a one-bank holding company for Great Lakes Bank. The Bank focuses on secured lending for residential & commercial real estate & also offers a broad array of deposit products. For the 3 months ended 3/00, interest income rose 27% to $2.1M. Net interest income after LLP rose 32% to $1.3M. Net income rose 75% to $262K. Results reflect increased loans, decreased cost of funds, and increased checking account balances and new volumes.