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United States

MutualFirst Financial Inc (MFSF.OQ)

MFSF.OQ on NASDAQ Stock Exchange Global Market

38.60USD
15 Dec 2017
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Summary

Name Age Since Current Position

Wilbur Davis

61 Chairman of the Board of the Company and the Bank

David Heeter

52 2003 President, Chief Executive Officer, Director; CEO of the Bank

Christopher Cook

41 2010 Chief Financial Officer, Senior Vice President, Treasurer

Patrick Botts

51 2003 Executive Vice President, Director; President, COO, Director of the Bank

Charles Viater

60 2008 Senior Vice President, Director; Regional President of the Bank

Christopher Caldwell

49 2012 Senior Vice President - MutualBank

Sharon Ferguson

59 2009 Senior Vice President - Risk Management of the Bank

William Hughes

67 1999 Director

Richard Lashley

58 2017 Director

Linn Crull

59 1997 Independent Director

Jonathan Kintner

71 2008 Independent Director

Edward Levy

66 2008 Independent Director

Michael Marien

67 2008 Independent Director

Jerry McVicker

69 2000 Independent Director

James Rosema

68 1998 Independent Director

James Schrecongost

69 2011 Independent Director

Biographies

Name Description

Wilbur Davis

Mr. Wilbur R. Davis currently serves as President of the Ball State Innovation Corporation. Since 2003, Mr. Davis has been the Chairman of Ontario Systems, LLC, a computer software company located in Muncie, Indiana, which he co-founded in 1980. Mr. Davis also served as President of Ontario Systems, LLC, from 1980 until July, 2008. He is the Chairman of the Board of Directors of the Company and the Bank. Mr. Davis brings management expertise, as well as information technology knowledge to the Board. His participation in our local business community for 30 years brings a knowledge of the local economy and business opportunities to the Bank.

David Heeter

Mr. David W. Heeter has served as President and Chief Executive Officer of the Company and Chief Executive Officer of the Bank since 2003. During the years prior to that appointment, he had served as Executive Vice President of the Company and the Bank and as Chief Operating Officer and Vice President of Human Resources, Marketing and Administration of the Bank. He has been employed by the Bank since 1986. Mr. Heeter's many years of service in all areas of the Bank's operations and his duties as Chief Executive Officer of the Bank bring a special knowledge of the financial, economic and regulatory challenges the Company faces, and he is well suited to educating the Board on these matters.

Christopher Cook

Mr. Christopher D. Cook is certified public accountant, has served as Senior Vice President, Treasurer and Chief Financial Officer of MutualFirst and MutualBank since May 2010. Mr. Cook began his career with MutualBank in 1996. Since that time he has served as Profitability Analyst, Assistant Treasurer, Controller and Director of Finance.

Patrick Botts

Mr. Patrick C. Botts has served as Executive Vice President of the Company and President and Chief Operating Officer of the Bank since November 2003. During the years prior to that appointment, he had served as the Executive Vice President, Vice President of Human Resources, Marketing and Administration and Vice President of Retail Lending for the Bank and has been employed by the Bank since 1986. Mr. Botts' many years of service in all areas of the Bank's operations and his duties as President of the Bank bring a special knowledge of the financial, economic and regulatory challenges the Company faces, and he is well suited to educating the Board on these matters.

Charles Viater

Mr. Charles J. Viater has served as Senior Vice President of the Company and Regional President of the Bank since July 2008. He had served as president, chief executive officer and a director of MFB Corp. and its banking subsidiary for 13 years prior to their acquisition by the Company in 2008. Prior to its acquisition by the Company, MFB Corp. had $500 million in assets and was operated under the leadership of Mr. Viater. Mr. Viater's over 30-year background in bank operations and knowledge of the local communities we now serve after the MFB Corp. acquisition are important to the Board. He has training as a CPA.

Christopher Caldwell

Mr. Christopher L. Caldwell has served as Senior Vice President of Business Banking of MutualBank since December 2012. Beginning in 2008, he served as Vice President/Senior Business Banker for the Central Region of MutualBank. From 2006 to 2008, he served as Regional Head of Commercial Lending for Delaware and Randolph counties. He became a Vice President of Commercial Lending in 2005. Mr. Caldwell is a graduate of the ABA Stonier Graduate School of Banking and serves as Secretary of the MutualBank Charitable Foundation.

Sharon Ferguson

Ms. Sharon L. Ferguson has served as Senior Vice President of Risk Management of the Bank since February 2009. From April 2008 until February 2009, she served as Senior Vice President of Consumer Banking. From September 2007 to April 2008 she served as Vice President of Retail Products. From October 2005 until September 2007 she served as Assistant Vice President, Retail Products Manager. Prior to October 2005 she served as Assistant Vice President, Consumer Lending and Deposits Manager. She has been with the Bank since March 1998.

William Hughes

Mr. William V. Hughes has served as a partner in the law firm of Beasley & Gilkison, LLP, Muncie, Indiana, since 1977. That law firm serves as general counsel to the Bank. Mr. Hughes brings extensive legal knowledge to the Board, particularly with respect to Indiana real property law, commercial transactions, trusts and estates and business litigation. His legal background also serves the Board as a resource for matters of corporate governance and director responsibility.

Richard Lashley

Mr. Richard J. Lashley CPA is re appointed as Director of the Company effective May 4, 2017. He was a co-founder and co-owner of PL Capital LLC, an investment management firm which specializes in the banking industry. In addition, Mr. Lashley has served on multiple bank and thrift boards. From 2009 to 2012, Mr. Lashley served as a director on the board of State Bancorp, Inc., a publicly traded bank holding company located in Jericho, New York. From 2011 to 2014, Mr. Lashley served as a director on the board of BCSB Bancorp, Inc., a publicly traded bank holding company located in Baltimore, Maryland, and from 2008-2011, Mr. Lashley served on the board of Community FSB Holding Co., a privately held savings and loan holding company located in Woodhaven, NY. He worked for KPMG Peat Marwick, LLP from 1984-1996 where he provided professional accounting and advisory services to bank and thrift clients. He is licensed as a CPA in New Jersey (status inactive).

Linn Crull

Mr. Linn A. Crull a co-founder and co-owner of PL Capital LLC, an investment management firm which specializes in the banking industry. In addition, Mr. Lashley has served on multiple bank and thrift boards. From 2009 to 2012, Mr. Lashley served as a director on the board of State Bancorp, Inc., a publicly traded bank holding company located in Jericho, New York. From 2011 to 2014, Mr. Lashley served as a director on the board of BCSB Bancorp, Inc., a publicly traded bank holding company located in Baltimore, Maryland, and from 2008-2011, Mr. Lashley served on the board of Community FSB Holding Co., a privately held savings and loan holding company located in Woodhaven, NY. He worked for KPMG Peat Marwick, LLP from 1984-1996 where he provided professional accounting and advisory services to bank and thrift clients. He is licensed as a CPA in New Jersey (status inactive).

Jonathan Kintner

Dr. Jonathan E. Kintner is served as the managing partner of a private group optometry practice in Mishawaka, Indiana for 41 years before his retirement in 2009. He had served as a director of MFB Corp. and its banking subsidiary for 31 years prior to their acquisition by the Company in 2008. Dr. Kintner had chaired the Director's Trust Committee of MFB Corp. prior to the acquisition in 2008. Since the acquisition, he has served as chairman of the Trust Committee that oversees the Bank's trust business. Dr. Kintner has served as a trustee of the Mishawaka Housing Authority since 2008. He also brings general business knowledge to the Board from his optometry practice.

Edward Levy

Mr. Edward C. Levy has been an officer and owner of Freeman-Spicer Financial Services, Inc., a business financing and leasing company, and Freeman-Spicer Accounting Services, Inc., a small business accounting and computerization company for more than five years and is a 50% owner and managing partner in two real estate partnerships. In 2005, he became an executive officer of Take Out Foods International, Inc. based in Indianapolis, which is engaged in the business of ordering food over the Internet. During 2010, he became chairman of the board of One-Touch Automation, Inc., a company engaged in home and business automation and security systems in Indiana. He is also a partner in CVM Productions, Inc., a video production company specializing in Comp Video and Live Sports Broadcasting. He had served as a director of MFB Corp. and its banking subsidiary for three years prior to their acquisition by the Company in 2008. Mr. Levy's extensive knowledge of investments, insurance and these regulated industries supports the Board's and Trust Committee's knowledge in these areas. He also brings that understanding of regulations to the Audit/Compliance Committee. Mr. Levy's background in finance, real estate and management is also important to his service on our Audit/Compliance Committee.

Michael Marien

Mr. Michael J. Marien is employed by R. W. Baird, a registered broker/dealer and investment advisor firm. He has an active FINRA Series 7 License and Series 66 Indiana License. He retired in 2009 as Account Manager for IT/Signode Corp., a division of Illinois Tool Works (packaging of steel industry products and services, Glenview, Illinois), after 40 years of service. He had served as a director of MFB Corp. and its banking subsidiary for 21 years and was chairman of the board of MFB Corp. for five years prior to the acquisition by the Company in 2008. Mr. Marien brings his prior knowledge of the trust business of MFB Corp. to his service on our Trust Committee. His participation in our local business community for 30 years brings knowledge of the local economy and business opportunities to the Bank.

Jerry McVicker

Mr. Jerry D. McVicker had served as an Administrator, Chief Executive Officer and Chief Operating Officer for Marion Community Schools since 1996. He had served as a director of Marion Capital Holdings, Inc., prior to its acquisition by the Company in 2000. He is the Chairman of the Company's Compensation Committee. Mr. McVicker has many years of extensive management and administrative experience. His participation in our local business community for over 30 years brings knowledge of the local economy and business opportunities to the Bank.

James Rosema

Mr. James David Rosema is the founder and was the President of Rosema Corporation, an interior finishing company located in Muncie, Fort Wayne, and South Bend, Indiana, from 1972 until 2012. This successful business does approximately $15 million in business each year and currently has 120 employees. Mr. Rosema brings to the Board over 40 years of management and administrative skills, extensive experience in real estate development and construction, especially in the communities we serve. He also has experience in sales, personnel management and human resource matters from his outside business experience.

James Schrecongost

Mr. James R. Schrecongost is a retired bank executive with over 40 years of financial institution management experience. Since retiring in 2001, he has served as chairman and a director of the wealth management subsidiary of Old National Bancorp in Indiana until 2010. Old National Bancorp is a public company with securities registered with the SEC. Mr. Schrecongost was the vice chairman, president and chief executive officer of ANB Corporation, which owned and managed three banks and a trust company in Indiana before it was acquired by Old National Bancorp in 2000. Mr. Schrecongost's extensive experience in the banking and trust company business and management, financial and analytical skills and knowledge of our market area are important to his service on the Board.