People: Intervest Bancshares Corp (IBCA.O)
IBCA.O on Nasdaq
5.99USD
17 May 2013
5.99USD
17 May 2013
Price Change (% chg)
$-0.06 (-0.99%)
$-0.06 (-0.99%)
Prev Close
$6.05
$6.05
Open
$6.02
$6.02
Day's High
$6.04
$6.04
Day's Low
$5.99
$5.99
Volume
11,984
11,984
Avg. Vol
39,666
39,666
52-wk High
$6.09
$6.09
52-wk Low
$3.51
$3.51
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Lowell Dansker |
62 | 2006 | Chairman of the Board, Chief Executive Officer |
John Arvonio |
50 | 2006 | Chief Financial Officer, CAO; Sr. VP, CFO and Secretary of the Bank |
Keith Olsen |
59 | 2008 | President and Director of the Intervest National Bank |
Stephen Helman |
73 | 2006 | Vice President, Secretary, Director |
Lisa Amato |
41 | 2011 | Vice President, Branch Coordinator for Intervest National Bank |
Gail Balmaceda |
41 | 2007 | Vice President and Operations Manager of the New York Division of Intervest National Bank |
John Carella |
55 | 2006 | Vice President, Loan Operations in the New York Division of Intervest National Bank |
Matthew Englert |
33 | 2010 | Vice President and ALCO Officer of Intervest National Bank |
John Hoffman |
61 | 2009 | Vice President of Intervest National Bank |
Erik Larson |
40 | 2005 | Vice President - Loan Operations Officer of Florida Division of Intervest National Bank |
John Loock |
62 | 2007 | Vice President, Controller of the Intervest National Bank |
Elizabeth Macias |
57 | 2005 | Vice President - Information Technology, Systems and Security of Intervest National Bank |
Michael Primiani |
52 | 2005 | Vice President - Compliance, BSA Officer and New York Office Security Officer of the Intervest National Bank |
Diane Rathburn |
50 | 2003 | Vice President - Operations and H R Manager of the Florida Division of the Intervest National Bank |
Jack Russell |
52 | 2012 | Vice President and Loan Relationship Manager for Intervest National Bank |
David Stroyan |
66 | 2008 | Vice President - Florida Division of Intervest National Bank |
Robert Tonne |
58 | 2010 | Vice President and Chief Credit Officer for Intervest National Bank |
C. Wayne Crowell |
2012 | Director | |
Susan Katzke |
2012 | Director | |
Michael Callen |
71 | 1994 | Independent Director |
Paul DeRosa |
70 | 2003 | Independent Director |
Wayne Holly |
55 | 1999 | Independent Director |
Lawton Swan |
68 | 2000 | Independent Director |
Thomas Willett |
64 | 1999 | Independent Director |
Wesley Wood |
68 | 1994 | Independent Director |
Biographies
| Name | Description |
|---|---|
Lowell Dansker |
Mr. Lowell S. Dansker is Chairman of the Board, Chief Executive Officer of Intervest Bancshares Corp. He is also Chairman of the Executive Committee since August 2006. He previously served as President, Treasurer and member of the Executive Committee since incorporation in 1993, and as Vice Chairman of the Board from October 2003 to August 2006. Mr. Dansker is also Chairman, Chief Executive Officer and Chairman of the Executive and Loan Committees of subsidiary. Mr. Dansker received a Bachelor of Science in Business Administration degree from Babson College and a law degree from the University of Akron School of Law and has been admitted to practice in New York, Ohio, Florida and the District of Columbia. |
John Arvonio |
Mr. John J. Arvonio is Chief Financial Officer and Chief Accounting Officer of Intervest Bancshares Corporation. Prior to that, Mr. Arvonio served as Vice President, Controller and Secretary of Intervest National Bank since April 1998. Mr. Arvonio also serves as an Administrator of Intervest Statutory Trust V. Mr. Arvonio received a Bachelors degree in Accounting from Iona College and is a certified public accountant. Mr. Arvonio has more than 22 years of banking experience, including serving as Vice President, Accounting Policy and Technical Advisor for The Greater New York Savings Bank from 1992 to 1997, Manager of Financial Reporting for the Leasing and Investment Banking Divisions of Citibank from 1989 to 1992 and as a Senior Auditor for Ernst & Young from 1985 to 1989. |
Keith Olsen |
Mr. Keith A. Olsen is President and Director of Intervest National Bank, a subsidiary of Intervest Bancshares Corporation. He has served as a Director and as President of Intervest National Bank since July 2001 and February 2008, respectively. Mr. Olsen served as President of the Florida Division of Intervest National Bank from July 2001 to February 2008. Prior to that, Mr. Olsen was the President of Intervest Bank from 1994 until it merged into Intervest National Bank in July 2001. Mr. Olsen also served as Senior Vice President of Intervest Bank from 1991 to 1994. Mr. Olsen received an Associates degree from St. Petersburg Junior College and a Bachelors degree in Business Administration and Finance from the University of Florida, Gainesville. He is also a graduate of the Florida School of Banking of the University of Florida, Gainesville, the National School of Real Estate Finance of Ohio State University and the Graduate School of Banking of the South of Louisiana State University. Mr. Olsen has been in banking for more than 30 years. |
Stephen Helman |
Mr. Stephen A. Helman is Vice President, Secretary and Director of Intervest Bancshares Corp. He has served as Company's Director since December 2003 and as Vice President and Secretary since February 2006. He is also a Director and Vice President of subsidiary. Mr. Helman received a Bachelor of Arts degree from the University of Rochester and a law degree from Columbia University. Mr. Helman was a practicing attorney for more than 25 years when he joined and his substantial experience in real estate law provides with respect to commercial real estate lending activities. |
Lisa Amato |
Ms. Lisa Amato is Vice President, Branch Coordinator for Intervest National Bank, a subsidiary of Intervest Banchares Corp. Prior to that, Ms. Amato worked for Patriot Bank as Vice President, Sales and Service Leader from February 2007 to May 2011 and served on their Compliance Committee. Ms. Amato has more than 11 years of banking experience with small to large financial institutions. Ms. Amato completed Management training courses at Pasco Hernando Community College. |
Gail Balmaceda |
Ms. Gail Balmaceda is Vice President and Operations Manager of New York Division of Intervest National Bank, a subsidiary of Intervest Bancshares Corporation., since 2007. Prior to that, Ms. Balmaceda has served in capacities since 1999, including as an Assistant Vice President in 2006 and as Operations Supervisor from 2003 to 2005. |
John Carella |
Mr. John B. Carella is Vice President, Loan Operations in the New York Division of Intervest National Bank, a subsidiary of Intervest Banchares Corp. Mr. Carella also serves as the Secretary of the Loan Committee. He served as Vice President of Intervest Mortgage Corporation from 2002 to August 2006. Prior to joining Intervest in 1999, Mr. Carella worked for a real estate lender and attorney from 1985 to 1999. Mr. Carella graduated from Fordham University, with honors, receiving a Bachelor of Arts degree in History. |
Matthew Englert |
Mr. Matthew E. Englert is Vice President and ALCO Officer of Intervest National Bank, a subsidiary of Intervest Bancshares Corp., since August 2010. Prior to joining Intervest National Bank, Mr. Englert worked for Sovereign Bank, a subsidiary of Banco Santander, as an Interest Rate Risk Analyst and Treasury Analyst. Mr. Englert earned a Bachelors degree in Finance from Kutztown University and a Bachelors degree in Political Science from York College of Pennsylvania. |
John Hoffman |
Mr. John H. Hoffman is Vice President of Intervest National Bank, a subsidiary of Intervest Bancshares Corporation. Prior to that, he served as Chief Financial Officer of Intervest Mortgage Corporation since August 2006 and as Vice President and Controller from 2002 to August 2006. Mr. Hoffmann received a Bachelor of Business Administration degree from Susquehanna University and is a certified public accountant. Mr. Hoffmann has more than 25 years of banking experience. Mr. Hoffmann was an Accounting Manager for Smart World Technologies, an Internet service provider, from 1998 to 2000 and a Vice President of Mortgage Accounting for The Greater New York Savings Bank from 1987 to 1997. |
Erik Larson |
Mr. Erik E. Larson is Vice President - Loan Operations Officer in the Florida Division of Intervest National Bank, a subsidiary of Intervest Banchares Corporation., since October 2005. Prior to that, Mr. Larson was an Assistant Vice President with Intervest National Bank both in Loan Operations and Branch Management capacities. Mr. Larson joined Intervest National Bank in 1998. Prior to that, Mr. Larson served in a supervisory position with Barnett Bank. Mr. Larson received a Bachelors degree in Mathematics from Stockton State College, Pomona, New Jersey. |
John Loock |
Mr. John W. Loock is Vice President and Controller of Intervest National Bank, a subsidiary of Intervest Bancshares Corporation since., September 2007. He previously served as Assistant Vice President and Assistant Controller of Intervest National Bank from 1999 to August 2007. Mr. Loock received a Bachelor of Mathematics and Master of Business Administration degrees from Iona College. Mr. Loock has more than 30 years of banking experience encompassing various positions with banking institutions. |
Elizabeth Macias |
Ms. Elizabeth Macias is Vice President - Information Technology, Systems and Security for Intervest National Bank, a subsidiary of Intervest Bancshares Corp., since October 2005. Ms. Macias has worked in the area of Bank Management Information Systems and Technology for over 25 years and Banking in general for over 30 years. Ms. Macias received a Bachelors of Science in Business from Manhattan College and an AAS, in Computer Digital Systems from PSI Institute in New York. Prior to joining Intervest National Bank, Ms. Macias served as Vice President and Director of Management Information Systems at First Central Savings Bank from April 2004 to September 2005. Prior to that, Ms. Macias served as Vice President-Director of Management Information Systems and Product Development for New York National Bank from 1983 to 2004. |
Michael Primiani |
Mr. Michael Primiani is Vice President - Compliance/BSA Officer and New York Office Security Officer for Intervest National Bank, a subsidiary of Intervest Bancshares Corp., since December 2005. Mr. Primiani received an Associate Degree in Business Management from Queensborough Community College. Mr. Primiani has more that 26 years of banking experience. Prior to joining Intervest National Bank, Mr. Primiani served as Vice President, BSA Officer and Branch Administrator for First Central Savings Bank from March 2001 to December 2005. Prior to that, Mr. Primiani served as Assistant Vice President and Branch Manager for Astoria Federal Savings from May 1987 to February 2001, and in various supervisory positions at Astoria Federal Savings from 1979 to 1987. |
Diane Rathburn |
Mrs. Diane S. Rathburn is Vice President - Operations/Human Resource Manager of the Florida Division of Intervest National Bank, a subsidiary of Intervest Bancshares Corp., since January 2003. Prior to that, Mrs. Rathburn was an Assistant Vice President, Branch Coordinator and Assistant Vice President, Branch Administrator since August 1999. Mrs. Rathburn joined Intervest National Bank in July 1991. Prior to that, Mrs. Rathburn served in a supervisory position of the Bookkeeping Department of Southeast Bank. |
Jack Russell |
Mr. Jack E. Russell III, is Vice President and Loan Relationship Manager for Intervest National Bank, a subsidiary of Intervest Banchares Corp. Prior to joining Intervest National Bank, Mr. Russell was with Synovus Bank of Tampa Bay for 9 years, most recently as a Senior Vice President. Mr. Russell held various positions serving as the Retail and Business Banking Department Manager and also serving as a Commercial and Commercial Real Estate Lender. Mr. Russell initiated his career serving 11 years with Barnett Bank after graduating from their Management Associate program and later serving in various capacities in Credit, Commercial Lending and Business Banking. Mr. Russell received his Bachelors of Science in Business and Management from the University of Florida in 1982. Mr. Russell has over 29 years of experience with various banks developing and managing, commercial and commercial real estate loans in the Florida market. |
David Stroyan |
Mr. David B. Stroyan is Vice President - Florida Division of Intervest National Bank, a subsidiary of Intervest Bancshares Corp., since November 2008. Prior to that, Mr. Stroyan was Executive Vice President and Senior Loan Officer of Bank of Central Florida and prior to that was Senior Vice President of Mercantile Bank. Mr. Stroyan received a Bachelors degree from the Georgia Institute of Technology. He is also a graduate of The School of Banking of the South at Louisiana State University. Mr. Stroyan has over 25 years of banking experience. |
Robert Tonne |
Mr. Robert W. Tonne is Vice President and Chief Credit Officer for Intervest National Bank, a subsidiary of Intervest Banchares Corp., since February 2010. Mr. Tonne has over 30 years experience in various credit and lending functions. Mr. Tonne began his banking career with The Bank of New York in 1976. Mr. Tonne received a Masters of Business Administration from Adelphi University in 1979 and a Bachelor of Business Administration from Hofstra University in 1976. Prior to joining Intervest National Bank, Mr. Tonne served as a Senior Vice President with Sovereign Bank/Independence Community Bank since 2000. While at Sovereign/Independence, Mr. Tonne held various positions including Team Leader/Portfolio Monitoring Department and Credit Deputy for the New York Lending Team. Prior to 2000, Mr. Tonne served at Allied Irish Bank, Fleet Bank, and The Bank of New York in various credit and lending functions. |
C. Wayne Crowell |
Mr. C. Wayne Crowell has been appointed as Director of Intervest Bancshares Corp. effective October 26, 2012. He has spent more than 35 years in the Office of the Comptroller of the Currency, most recently as Assistant Deputy Comptroller. He has experience with respect to financial institutions. |
Susan Katzke |
Ms. Susan Roth Katzke has been appointed Director of Intervest Bancshares Corp., effective March 27, 2012. Ms. Katzke was elected to the Board of Directors by the U.S. Department of the Treasury ("Treasury") pursuant to its rights as the holder of the Company's Fixed Rate Cumulative Perpetual Preferred Stock, Series A. While Treasury's contractual rights do not address service on the Board of Directors of Intervest National Bank, the Company's wholly-owned bank subsidiary, the Company has commenced the process to have Ms. Katzke approved to also serve on the Board of Directors of that bank. |
Michael Callen |
Mr. Michael A. Callen is Independent Director of Intervest Bancshares Corp., since May 1994. He is also a Director of Intervest Bancshares Corp's subsidiary. Mr. Callen received a Bachelor of Arts degree from the University of Wisconsin in Economics and Russian. Since January 2011, Mr. Callen has served as Non-Executive Chairman of Ambac Financial Group Inc., a provider of financial guarantees and financial services. From October 2008 through January 2011, Mr. Callen served as Ambac’s Executive Chairman. From January through October 2008, he served as Chairman and Interim President and Chief Executive Officer of Ambac. He served as the President of Avalon Argus Associates, LLC, a financial consulting firm from April 1996 until January 2008. Mr. Callen was Special Advisor to the National Commercial Bank located in Jeddah in the Kingdom of Saudi Arabia from April 1993 through April 1996. He was an independent consultant from January 1992 until June 1993, and an Adjunct Professor at Columbia University Business School during 1992. He was a director of Citicorp and Citibank and a Senior Executive for Citicorp from 1987 until January 1992. |
Paul DeRosa |
Mr. Paul R. DeRosa is Independent Director of Intervest Bancshares Corp., since February 2003. He is also a Director of Intervest Bancshares Corp's subsidiary. Mr. DeRosa received a Bachelor of Arts degree in Economics from Hobart College and a Ph.D degree in Economics from Columbia University. Mr. DeRosa has been a principal of Mt. Lucas Management Corporation, an asset management firm, since 1998. From March 1988 to July 1995, Mr. DeRosa served as a co-founder of Eastbridge Capital Inc., a bond trading company and primary dealer in Treasury bonds, where he acted as a Managing Director. He became the CEO in 1995 and served in that capacity until he left for Mt. Lucas in 1998. Prior to his service with Eastbridge, Mr. DeRosa worked for Citibank N.A., where he was responsible for developing Citibank’s business in financial derivatives and acted as the head of the bank’s proprietary bond trading in the early 1980’s. Mr. DeRosa has also served as a research economist at the Federal Reserve Bank of New York. |
Wayne Holly |
Mr. Wayne F. Holly is Independent Director of Intervest Bancshares Corp., since June 1999. Mr. Holly received a Bachelor of Arts degree in Economics from Alfred University. Mr. Holly is Chairman and President of Sage, Rutty & Co., Inc., a diversified financial services firm that is a member of FINRA. Mr. Holly has been an Officer and Director of Sage Rutty & Co., Inc. since 1993 and he completed the Securities Industry Association Executive Education Program at the Wharton School of Finance. |
Lawton Swan |
Mr. Lawton Swan, III, is Independent Director of Intervest Bancshares Corp., since February 2000. Mr. Swan received a Bachelor of Science degree from Florida State University in Business Administration and Insurance. Mr. Swan is President and Chairman of the Board of Interisk Corporation, a consulting firm specializing in risk management and employee benefit plans, which he founded in 1977. Prior to that, Mr. Swan spent over 20 years in the insurance industry in a variety of underwriting, claims and administrative positions. Mr. Swan has also been Chairman and Board Member of The Chartered Property Casualty Underwriters Society, a community of credentialed property and casualty insurance professionals. |
Thomas Willett |
Mr. Thomas E. Willett is Independent Director of Intervest Bancshares Corp., since March 1999. Mr. Willett received a Bachelor of Science degree from the United States Air Force Academy and a law degree from Cornell University School of Law. Mr. Willett has been a member of Harris Beach PLLC, a law firm in Rochester, New York, since 1986. Mr. Willett focuses his legal practice in the general corporate area, with an emphasis on securities law matters. Mr. Willett has practiced in the corporate and securities law area for over 30 years. |
Wesley Wood |
Mr. Wesley T. Wood is Independent Director of Intervest Bancshares Corp., since March 1994. Mr. Wood received a Bachelor of Science degree from New York University School of Commerce. Mr. Wood is a Director and President of Marketing Capital Corporation, an international marketing consulting and investment firm which he founded in 1973. Mr. Wood was also an Advisory Board Member of The Center of Direct Marketing at New York University, a member of the Advisory Trustees at Fairfield University in Connecticut, and a Trustee of St. Dominics R.C. Church in Oyster Bay, New York. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Lowell Dansker |
1,156,480 |
John Arvonio |
253,260 |
Keith Olsen |
392,848 |
Stephen Helman |
267,540 |
Lisa Amato |
-- |
Gail Balmaceda |
-- |
John Carella |
-- |
Matthew Englert |
-- |
John Hoffman |
148,919 |
Erik Larson |
-- |
John Loock |
-- |
Elizabeth Macias |
-- |
Michael Primiani |
-- |
Diane Rathburn |
-- |
Jack Russell |
-- |
David Stroyan |
-- |
Robert Tonne |
-- |
C. Wayne Crowell |
-- |
Susan Katzke |
-- |
Michael Callen |
8 |
Paul DeRosa |
-- |
Wayne Holly |
-- |
Lawton Swan |
-- |
Thomas Willett |
-- |
Wesley Wood |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Lowell Dansker |
70,000 | 166,187 |
John Arvonio |
0 | 0 |
Keith Olsen |
44,500 | 166,615 |
Stephen Helman |
0 | 0 |
Lisa Amato |
0 | 0 |
Gail Balmaceda |
0 | 0 |
John Carella |
0 | 0 |
Matthew Englert |
0 | 0 |
John Hoffman |
0 | 0 |
Erik Larson |
0 | 0 |
John Loock |
0 | 0 |
Elizabeth Macias |
0 | 0 |
Michael Primiani |
0 | 0 |
Diane Rathburn |
0 | 0 |
Jack Russell |
0 | 0 |
David Stroyan |
0 | 0 |
Robert Tonne |
0 | 0 |
C. Wayne Crowell |
0 | 0 |
Susan Katzke |
0 | 0 |
Michael Callen |
0 | 0 |
Paul DeRosa |
0 | 0 |
Wayne Holly |
0 | 0 |
Lawton Swan |
0 | 0 |
Thomas Willett |
0 | 0 |
Wesley Wood |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
WOOD WESLEY T |
6,600 | $4.02 |
OLSEN KEITH A |
50,000 | $0.00 |
DEROSA PAUL R |
10,000 | $0.00 |
WILLETT THOMAS E |
10,000 | $0.00 |
KATZKE SUSAN ROTH |
10,000 | $0.00 |
WOOD WESLEY T |
10,000 | $0.00 |
ARVONIO JOHN J |
12,000 | $0.00 |
HELMAN STEPHEN A |
10,000 | $0.00 |
HOLLY WAYNE F |
10,000 | $0.00 |
CROWELL CHARLES WAYNE |
10,000 | $0.00 |
DANSKER LOWELL S |
100,000 | $0.00 |
SWAN LAWTON III |
10,000 | $0.00 |
KATZKE SUSAN ROTH |
5,000 | $4.00 |
DEROSA PAUL R |
25,000 | $3.98 |
CALLEN MICHAEL A |
10,000 | $0.00 |
DEROSA PAUL R |
40,000 | $0.00 |
WILLETT THOMAS E |
40,000 | $0.00 |
ARVONIO JOHN J |
10,000 | $0.00 |
CALLEN MICHAEL A |
40,000 | $0.00 |
DANSKER LOWELL S |
100,000 | $0.00 |
OLSEN KEITH A |
50,000 | $0.00 |
HELMAN STEPHEN A |
10,000 | $0.00 |
HOLLY WAYNE F |
40,000 | $0.00 |
SWAN LAWTON III |
40,000 | $0.00 |
WOOD WESLEY T |
40,000 | $0.00 |
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
