David Gaines - Park Sterling Executive Officer

Executive

Mr. David L. Gaines is Chief Financial Officer Executive Vice President of Park Sterling Corporationration and Park Sterling Bank a subsidiary of Park Sterling Corporationration He was the deputy and then Chief Risk Officer for Corporationrationrate and Investment Banking at Wachovia Corporation from September 2001 to November 2006. Prior to that he was Senior Vice President and Comptroller of Wachovia Corporation from July 2000 to September 2001. Other Wachovia experiences include the coordination of the Merger Integration Project Office for the WachoviaFirst Union merger leadership of Risk Management for Wachovia Capital Markets and United States Corporationrationrate Banking and various geographicallybased relationship management positions.
Age 55
Phone704 716-2134
Webwww.parksterlingbank.com
Gaines has over 25 years of banking experience.

Park Sterling Management Efficiency

The company has return on total asset (ROA) of 0.67 % which means that it generated a profit of $0.67 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0605 %, meaning that it created $0.0605 on every $100 dollars invested by stockholders. Park Sterling's management efficiency ratios could be used to measure how well Park Sterling manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 412.85 M in liabilities with Debt to Equity (D/E) ratio of 7.83, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Park Sterling until it has trouble settling it off, either with new capital or with free cash flow. So, Park Sterling's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Park Sterling Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Park to invest in growth at high rates of return. When we think about Park Sterling's use of debt, we should always consider it together with cash and equity.

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Park Sterling Corporation operates as the holding company for the Park Sterling Bank, which provides various banking products and services. The company serves its customers through 18 full-service branches in North Carolina 23 full-service branches in South Carolina 9 full-service branches in Virginia and 5 full-service branches in North Georgia. Park Sterling operates under Regional - Southeast Banks classification in USA and traded on NASDAQ exchange. It employs 532 people. Park Sterling Bank (PSTB) is traded on NASDAQ Exchange in USA and employs 532 people.

Management Performance

Park Sterling Bank Leadership Team

Elected by the shareholders, the Park Sterling's board of directors comprises two types of representatives: Park Sterling inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Park. The board's role is to monitor Park Sterling's management team and ensure that shareholders' interests are well served. Park Sterling's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Park Sterling's outside directors are responsible for providing unbiased perspectives on the board's policies.
Patricia Hartung, Independent Director
Donald Truslow, CFO
Walter Ayers, Independent Director
Robert Whitten, Independent Director
James Cherry, CEO, Director, Member of Executive Committee, Member of Loan and Risk Committee, Member of Trust and Investment Management Committee and CEO of Park Sterling Bank
Leslie Baker, Independent Director
Grant Grayson, Independent Director
Thomas Henson, Independent Director
David Gaines, Executive Officer
Jean Davis, Independent Director
Ben Rudisill, Independent Director
Donald Pickett, Principal Accounting Officer, Controller
Nancy Foster, Chief Risk Officer and Executive VP
Jeffrey Kane, Independent Director
Larry Carroll, Independent Director
Mark Ladnier, Head of Operations and Information Technology and Group Sr. VP
Bryan Kennedy, President of the Company and Park Sterling Bank
Kim Price, Vice Chairman of the Board

Park Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Park Sterling a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Park Sterling in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Park Sterling's short interest history, or implied volatility extrapolated from Park Sterling options trading.

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Other Consideration for investing in Park Stock

If you are still planning to invest in Park Sterling Bank check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Park Sterling's history and understand the potential risks before investing.
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