Allan Ivie - Reliance Bancshares President CEO, Director

CEO

Mr. Allan D. Ivie, IV, is President, Chief Executive Officer, Director of Reliance Bancshares Inc. He joined the Company on June 23, 2010 as president and CEO of the Company and President and CEO of Reliance Bank. Mr. Ivie became a Director of the Company, Chairman of Reliance Bank and Chairman of Reliance Bank, FSB. He previously served as President and Chief Operating Officer of The PrivateBank from June 2000 to June 2010 since 2010.
Age 50
Tenure 14 years
Phone314-569-7200
Webhttp://www.reliancebancshares.com
Ivie was in the banking industry for 29 years. Also, he serves on the Board of Directors of several civic organizations, including The Backstoppers, Beyond Housing/Neighborhood Housing Services, RHCDA, St. Louis Economic Council and the Urban League of Metropolitan St. Louis, Inc.

Reliance Bancshares Management Efficiency

The company has return on total asset (ROA) of 0.14 % which means that it generated a profit of $0.14 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 1.99 %, meaning that it created $1.99 on every $100 dollars invested by stockholders. Reliance Bancshares' management efficiency ratios could be used to measure how well Reliance Bancshares manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 71.23 M in liabilities with Debt to Equity (D/E) ratio of 13.32, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Reliance Bancshares until it has trouble settling it off, either with new capital or with free cash flow. So, Reliance Bancshares' 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 Reliance Bancshares sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Reliance to invest in growth at high rates of return. When we think about Reliance Bancshares' use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 7 records

CEO Age

David RipsteinRadcom
47
Gaofei WangWeibo Corp
45
Irit TobiasDelek Drilling
45
Yosef AbuDelek Drilling
40
Yaron RavkaieRadcom
48
Jeremy ThigpenTransocean
49
James DolanSphere Entertainment Co
69
Reliance Bancshares Inc. operates as a bank holding company for Reliance Bank that provides financial solutions to individuals, professionals, small business, and commercial customers. Reliance Bancshares Inc. was founded in 1999 and is based in Frontenac, Missouri. Reliance Bancshares operates under Banks - Regional - US classification in USA and is traded on OTC Market. It employs 188 people. Reliance Bancshares [RLBS] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Reliance Bancshares Leadership Team

Elected by the shareholders, the Reliance Bancshares' board of directors comprises two types of representatives: Reliance Bancshares inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Reliance. The board's role is to monitor Reliance Bancshares' management team and ensure that shareholders' interests are well served. Reliance Bancshares' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Reliance Bancshares' outside directors are responsible for providing unbiased perspectives on the board's policies.
Allan Ivie, President CEO, Director
Scott Sachtleben, Independent Director
Lawrence Keeley, Independent Director
Roy Wagman, Chief Risk Officer and Executive VP
Gary Parker, Independent Director
Barry Koenemann, Director
David Franke, Interim CFO, Principal Accounting Officer and Interim CFO of Reliance Bank
Robert Cox, Independent Director
Wendy Erhart, Executive Vice President and Head - Retail Banking
James SanFilippo, Independent Director
Richard Demko, Independent Director

Reliance Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Reliance Bancshares 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 Reliance Bancshares 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, Reliance Bancshares' short interest history, or implied volatility extrapolated from Reliance Bancshares options trading.

Currently Active Assets on Macroaxis

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 bureau of labor statistics.
Note that the Reliance Bancshares information on this page should be used as a complementary analysis to other Reliance Bancshares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Other Consideration for investing in Reliance Pink Sheet

If you are still planning to invest in Reliance Bancshares 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 Reliance Bancshares' history and understand the potential risks before investing.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Stocks Directory
Find actively traded stocks across global markets
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume