G Thompson - BNC Bancorp Insider

Director

Mr. G. Kennedy Thompson serves as Director of BNC Bancorp. since April 7 2011. Mr. Thompson is a Principal of Aquiline Capital Partners LLC a New York based financial services private equity firm . Aquiline indirectly owns 7.36 of the Companys voting common stock and 24 of the Companys nonvoting common stock. Mr. Thompson is Aquilines representative on the Board of Directors pursuant to an Investment Agreement between Aquiline and the Company. Under the terms of the Investment Agreement we are required to use company reasonable best efforts to have Board Representative elected as a director of the Company by shareholders. Further upon the death resignation retirement disqualification or removal from office of the Board Representative as a member of the Companys Board of Directors or the Banks Board of Directors Aquiline has the right to designate the replacement for such Board Representative. We are required to use company reasonable efforts to take all action required to fill the vacancy resulting therefrom with such person. Mr. Thompson was President and Chief Executive Officer of Wachovia Corporationrationration from 2000 to 2008. He worked at Wachovia and First Union for 32 years. Mr. Thompson served in numerous industry leadership positions including Chairman of The Clearing House Chairman of The Financial Services Roundtable Chairman of the Financial Services Forum and President of the International Monetary Conference. He served on the Federal Advisory Council of the Federal Reserve Board for three years and was President in 2007. In the past five years he has served on the board of HewlettPackard and Carolinas Healthcare System. He is a Trustee of The MoreheadCain FoundationThompson received a B.A. from the University of North Carolina at Chapel Hill and an M.B.A. from Wake Forest University.

Management Efficiency

The company has return on total asset (ROA) of 0.95 % which means that it generated profit of $0.95 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of 8.28 % meaning that it created $8.28 on every $100 dollars invested by stockholders.

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Entity Summary

BNC Bancorp operates as the bank holding company for Bank of North Carolina that offer various banking and financial services to individuals and businesses. BNC Bancorp (BNCN) is traded on Nasdaq Capital Markets in USA. It is located in NORTH CAROLINA, U.S.A and employs 850 people. BNC Bancorp is listed under Banking category by Fama And French industry classification.