Bank Of Internet
12220 El Camino Real #220, San Diego, CA 92130
Phone: (858) 350-6200
Fax: (858) 350-0443
Email: Gary@BankofInternet.com

• President/CEO, Gary Lewis Evans, 56
  
  
• Date opened for business: July 4, 2000
  
  
• Assets as of latest quarter: NA (first quarter results will be released April 27.)
  
  
• ROA: NA
  
  
• Core capital as percentage of assets: NA
  
  
• Provision for loan losses: NA
  
  
• Plant the flag: no plans for branches
  
  
• Employment: 25 employees in five states
  
  
• Directors:
  
  Jerry Englert (chairman), director of strategic planning and financial relations for Hollis-Eden Pharmaceuticals.
  
  Ted Allrich, (vice-chairman), published The On-Line Investor (St. Martin's Press) in 1995. Founder and general partner of The Online Investor (theonlineinvestor.com).
  
  Robert Eprile, founder and president of US Encode Corp., which markets a proprietary authentication technology to secure credit card and other financial transactions over the Internet.
  
  Gary Lewis Evans (president and CEO).
  
  Michelle Paulus, an animal scientist specializing in transgenic technology.
  
  Thomas Pancheri, A.P.A., pension administrator.
  
  Gordon Witter, general partner for Air Carrier Associates Inc., a firm specializing in risk management issues for airline and general aviation clients.
  
  Paul Grinberg, senior vice president finance with Encore Capital Group (Nasdaq: ECPG), a purchaser of charged-off consumer debt.
  
  
• Key personnel: Evans, president & CEO; Mike Berengolts, chief technology officer, vice president; Patrick A. Dunn, chief credit officer, vice president; Barbara D. Fronek, vice president/Internet development; Andrew J. Micheletti, CPA chief financial officer, vice president.
  
  
• Niche or target customer: Bank of Internet USA has customers in all 50 states. Its specialty is real estate lending with a focus on home and income property loans.
  
  
• Lending limit: $5 million.