Larry Carroll - Park Sterling Independent Director

Director

Mr. Larry W. Carroll is Independent Director of the Company. He was the President of Carroll Financial Associates, Inc., a financial planning and investment management firm, since 1980. He currently serves on the Board of Directors of Carroll Financial Associates, Inc., the Board of Directors of Capitala Investment Corporationration, a North Carolinabased publicly traded business development corporation, and the Board of Directors of the Cultural and Heritage Foundation. He previously served on the Board of Trustees of Wingate University. Prior to the Public Offering, Mr. Carroll also served as Chairman of the Board of Directors of the Bank. He began his career as a public accountant with KPMG LLC . Mr. Carroll brings expertise in the financial services industry and capital markets to the Board of Directors, including a deep understanding of the wealth management business. His experience as a public accountant is important to our Audit Committee and Board of Directors, and his successful entrepreneurial experience is supportive of the Companys organic growth strategy. In addition, his deep knowledge of and connections to community banking in the Carolinas is important to the Companys acquisition strategy since 2006.
Age 64
Tenure 18 years
Phone704 716-2134
Webwww.parksterlingbank.com
Carroll was a director of the Company since 2006.

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.

Similar Executives

Showing other executives

DIRECTOR Age

Charles GiancarloServiceNow
58
Anita SandsServiceNow
43
Naamit SalomonSapiens International
53
Parker RushIridium Communications
58
Susan BostromServiceNow
60
Irit HillelRadcom
54
Alvin KrongardIridium Communications
81
Uzi NetanelSapiens International
81
Frederic LuddyServiceNow
69
Yacov ElinavSapiens International
72
Glenn CreamerCDW Corp
53
Michael HarrisGetty Images Holdings
43
Eyal BenCheloucheSapiens International
55
Dennis WoodsideServiceNow
51
Thomas FitzpatrickIridium Communications
66
Robin SelatiCDW Corp
49
Teresa BriggsServiceNow
59
Virginia AlbaneseCDW Corp
51
Rachel BennunRadcom
71
Donna ZarconeCDW Corp
60
Zohar ZisapelRadcom
75
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.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Park Sterling Bank using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes