People: Southcoast Financial Corp (SOCB.O)

SOCB.O on Consolidated Issue listed on NASDAQ Global Market

7.28USD
28 Jul 2014
Price Change (% chg)

$0.02 (+0.28%)
Prev Close
$7.26
Open
$7.01
Day's High
$7.28
Day's Low
$7.00
Volume
1,142
Avg. Vol
4,136
52-wk High
$7.45
52-wk Low
$5.37

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Summary

Name Age Since Current Position

L. Wayne Pearson

65 1998 Chairman of the Board, President, Chief Executive Officer of the Company and the Bank

William Coates

63 2009 Independent Vice Chairman of Company and Bank

William Heslop

37 2006 Chief Financial Officer, Senior Vice President of the Company and the Bank

William Seabrook

56 2009 Chief Operating Officer, Executive Vice President; Executive Vice President of the Bank

Robert Scott

69 2011 Executive Vice President, Treasurer, Secretary, Director

Robert Daniel

62 2005 Executive Vice President of the Company and the Bank

William Billings

53 2010 Executive Vice President of the Bank

Tommy Baker

67 2005 Independent Director

Stephen Hutchinson

66 2005 Independent Director

James Smith

58 1998 Independent Director

Biographies

Name Description

L. Wayne Pearson

Mr. L. Wayne Pearson is Chairman, President, Chief Executive Officer of Southcoast Financial Corp., and Southcoast Community, a wholly owned subsidiary of Southcoast Financial Corp. Mr. Pearson was an organizer of Company and Bank, and has served as the president and Chief Executive Officer and Chairman of the Board of Directors of Company and Bank since that time. He has over 38 years experience in banking and has banking contacts throughout the state of South Carolina.

William Coates

Mr. William A. Coates is Independent Vice Chairman of the Board of Southcoast Financial Corp., and Southcoast Community, a wholly owned subsidiary of Southcoast Financial Corp. He has been an attorney in the state of South Carolina for over 30 years. During his 32 years of practice, he has developed contacts throughout the state and utilizes information gained from those contacts to provide guidance to the Board regarding economic conditions beyond direct service area.

William Heslop

Mr. William C. Heslop is Senior Vice President and Chief Financial Officer of Southcoast Financial Corp., and Southcoast Community, a wholly owned subsidiary of Southcoast Financial Corp. He served as the certified public accountant with Elliott Davis, LLC from January, 2003 to April, 2006.

William Seabrook

Mr. William B. Seabrook is Chief Operating Officer, Executive Vice President of Southcoast Financial Corp., and Executive Vice President of Southcoast Community, a wholly owned subsidiary of Southcoast Financial Corp. He serves as the Head of Retail Banking for Bank since 2004; Senior Vice President of Bank from 2004 to 2005; correspondent banker with FTN Financial, a division of First Tennessee Bank from 1997 to 2004.

Robert Scott

Mr. Robert M. Scott is Executive Vice President, Treasurer, Secretary, Director of Southcoast Financial Corp., and Southcoast Community, a wholly owned subsidiary of Southcoast Financial Corp. Mr. Scott was also an organizer of Company and Bank, and has served as a director of each since that time. He also served as the Chief Financial Officer of the Company and the Bank from the Company’s organization through May 2006. In November 2011, he rejoined the Company and the Bank as Treasurer and Executive Vice-President. He has over 40 years experience in banking and has contacts within the industry.

Robert Daniel

Mr. Robert A. Daniel, Jr., is Executive Vice President of Southcoast Financial Corp., and Southcoast Community, a wholly owned subsidiary of Southcoast Financial Corp. He serves as the Chief Lending Officer of Bank since 1998; Senior Vice President of Bank from 1999 to 2005.

William Billings

Mr. William R. Billings is Executive Vice President of Southcoast Community, a wholly owned subsidiary of Southcoast Financial Corp. He served as the Senior Credit Officer of Bank since November 2006; Senior Vice President of Bank from November 2006 until May 2010; Senior Vice President of Wachovia Management from 2001-2006; Senior Vice President and Consumer Bank Director of Wachovia from 1998-2001; Certified Financial Planner since 2006.

Tommy Baker

`Mr. Tommy B. Baker is Independent Director of Southcoast Financial Corp. He has served as a member of Board of Directors since 2005, and is also a member of Bank’s Board of Directors. He has over 30 years experience in the automobile dealership industry. In that time he has developed knowledge of financing, as well as the skills required to develop and implement a long range business and marketing strategy for an organization. As a member of Board, he translates this knowledge and skill set to the financial services industry in providing guidance to the Board on long range strategy and short term implementation of that strategy.

Stephen Hutchinson

Mr. Stephen F. Hutchinson is Independent Director of Southcoast Financial Corp. Prior to his election to Board of Directors, he served on the advisory board of Summerville region. He has over 30 years of experience in the real estate development industry in the greater Charleston area. He provides the Board with insights into the real estate market in the area, which use in developing long range strategy, as well as in understanding individual loans requiring board approval.

James Smith

Mr. James P. Smith, CLU, ChFC, is Independent Director of Southcoast Financial Corporation. He was also an organizer of Company and Bank, and has served as a director of each since that time. He has over 30 years experience in the financial services industry, most recently as the President and Chief Executive Officer of Atlantic Coast Advisory Group. He uses his in depth knowledge of financial risk management tools to provide guidance to on matters involving risk and risk management.

Basic Compensation

Name Fiscal Year Total

L. Wayne Pearson

787,684

William Coates

--

William Heslop

132,746

William Seabrook

315,568

Robert Scott

270,125

Robert Daniel

257,146

William Billings

--

Tommy Baker

--

Stephen Hutchinson

--

James Smith

--
As Of 30 Dec 2013

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