William Morrison - Monarch Financial Insider

Mr. William T. Morrison serves as the Executive Vice President Director of Monarch Financial Holdings Inc. and Chief Executive Officer Monarch Mortgage a division of Monarch Bank and Director of Monarch Bank a subsidiary of the Company. He joined Monarch Bank in May 2007 and was named Chief Executive Officer of Monarch Mortgage in August 2011 having previously served as Executive Vice President and Chief Operating Officer of Monarch Mortgage. Mr. Morrison is a resident of Virginia Beach Virginia and he holds an undergraduate degree in Business Administration from Old Dominion University. He has approximately 28 years of banking experience and previously served at other local banks as Chief Operating Officer and Chief Credit Officer. Mr. Morrisons civic and community activities include having served on the Old Dominion University Executive Advisory Council for the College of Business and Public Administration Virginia Beach Community Service Board the United Way Funds Distribution Committee the Virginia Beach Youth Foundation and the Virginia Beach Forum.
Age: 51  CEO Since 2012      
757-389-5111  http://www.monarchbank.com

William Morrison Latest Insider Activity

Management Efficiency

The company has return on total asset (ROA) of 0.01 % which means that it generated profit of $0.01 on every $100 spent on asset. This is way below average.
The company currently holds 26 M in liabilities with Debt to Equity (D/E) ratio of 8.87 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations.

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Entity Summary

Monarch Financial Holdings, Inc. operates as the bank holding company for Monarch Bank that offer various commercial and retail banking solutions and services for businesses, professionals, corporate executives, and individuals. Monarch Financial Holdings (MNRK) is traded on NASDAQ in USA. It is located in Monarch Financial Holdings, Inc.Chesapeake, VA and employs 648 people.

Monarch Financial Leadership Team

Jeremy Starkey, President - Commercial Real Estate Finance of Monarch Bank
William Reilly, Market President - Norfolk of Monarch Bank
Lawton Baker, Independent Vice Chairman of the Board
Andrew Lock, Chief Risk Officer and Executive VP
Theresa Ruby, Senior Vice President Cash Management
James Ferber, President - Real Estate Finance Group of Monarch Bank
Dwight Schaubach, Independent Director
William Carr, President Peninsula Market of Monarch Bank
Jeffrey Benson, Independent Chairman of the Board
David Ropp, President Chesapeake Market of Monarch Bank
Karyn Mercier, Senior Vice President - Retail Banking of Monarch Bank
Denys Diaz, CIO and Executive VP
Elizabeth Patterson, Independent Director
David McGlaughon, President of OBX Bank
Lynette Harris, CFO, Executive VP, Treasurer and Corporate Secretary
Charles Wright, President Virginia Beach Market of Monarch Bank
Mary Anderson, Senior Vice President - Human Resources
Brad Schwartz, CEO, Director of Company & Bank
William Morrison, Director and CEO of Monarch Mortgage
Michael Kos, Senior Vice President - Business Banking
Bernard Ngo, Market President Williamsburg of Monarch Bank
Taylor Grissom, Independent Director
Robert Oman, Independent Director
Jack Lane, President - Monarch Mortgage of Monarch Bank
James Miller, Executive Vice President Mortgage COO
Barbara Guthrie, Executive Vice President Facilities
Neal Crawford, President, Director, Member of Executive Committee, Member of Director?s Loan Committee and President of Monarch Bank
Barry Mathias, Executive Vice President Chief Credit Officer
Steven Layden, President - Business Banking of Monarch Bank
Patrick Faulkner, Managing Director of Monarch Bank Private Wealth
Virginia Cross, Independent Director
Joe Covington, Independent Director

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