Thomas Sloan - BNC Bancorp Independent Chairman of the Board

Chairman

Mr. Thomas R. Sloan is Independent Chairman of the Board of BNC Bancorp since May 19, 2009. He was previously employed as an internal consultant with Essilor Laboratories of America, an optical equipment and supply company, until 2003. Prior to 2003, he was the Chairman of Essilor Laboratories of America. Mr. Sloan has served as a director of the Company and the Bank since 2006 and has over 15 years of banking experience. Mr. Sloan earned a B.S. and M.S. in Optics from the University of Rochester and an M.B.A. from Northeastern University. He has attended several NCBA Director Assemblies and the NCBA Directors College and numerous NCBA seminars. Mr. Sloan serves on the Board of Trustees of the University of Rochester and chairs the Executive Committee of the Board. Mr. Sloan has served on the board of the following companies Precision Fabrics Group, Inc. Piedmont Pharmaceuticals, Inc. AgData, Inc. Mediwave Star Technology, Inc. and Bioptigen, Inc., none of which are publicly traded. The Board believes that Mr. Sloans strong leadership attributes and indepth knowledge of business operations and strategy qualify him to serve on the Board. since 2009.
Age 70
Tenure 15 years
Phone336 476-9200
Webwww.bncbanking.com

BNC Bancorp Management Efficiency

The company has return on total asset (ROA) of 0.72 % which means that it generated a profit of $0.72 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 6.83 %, meaning that it created $6.83 on every $100 dollars invested by stockholders. BNC Bancorp's management efficiency ratios could be used to measure how well BNC Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 288.85 M in liabilities with Debt to Equity (D/E) ratio of 0.18, which may suggest the company is not taking enough advantage from borrowing. Debt can assist BNC Bancorp until it has trouble settling it off, either with new capital or with free cash flow. So, BNC Bancorp'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 BNC Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BNC to invest in growth at high rates of return. When we think about BNC Bancorp's use of debt, we should always consider it together with cash and equity.

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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 Exchange in USA and employs 850 people.

Management Performance

BNC Bancorp Leadership Team

Elected by the shareholders, the BNC Bancorp's board of directors comprises two types of representatives: BNC Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BNC. The board's role is to monitor BNC Bancorp's management team and ensure that shareholders' interests are well served. BNC Bancorp'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, BNC Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Callicutt, COO, Executive Vice President Director; President COO of the Bank
Lenin Peters, Independent Director
Larry Callahan, Independent Director
W Montgomery, President CEO, Director; CEO of the Bank
Richard Wood, Secretary, Director, Member of Audit Committee, Member of Nominating and Corporate Governance Committee and Director of Bank of North Carolina
Joseph Coltrane, Independent Director
Thomas Sloan, Independent Chairman of the Board
Thomas Smith, Independent Director
Abney Boxley, Director
Charles Hagan, Independent Director
James Bolt, Executive VP and Director
David Spencer, CFO, Sr. Executive VP, CFO of Bank of North Carolin and Sr. Executive VP of Bank of North Carolin
Ronald Gorczynski, Chief Accounting Officer, Executive VP, Chief Accounting Officer of Bank of North Carolin and Executive VP of Bank of North Carolin
Swope Montgomery, Vice Chairman, Consultant, Vice Chairman of Bank of North Carolina and Consultant of Bank of North Carolina
Kennedy Thompson, Director
D Williford, Independent Director
Elaine Lyerly, Independent Director
Robert Team, Independent Director
Drema Michael, IR Contact
John Ramsey, Director

BNC 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 BNC Bancorp 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 BNC Bancorp 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, BNC Bancorp's short interest history, or implied volatility extrapolated from BNC Bancorp options trading.

Pair Trading with BNC Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BNC Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BNC Bancorp will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Exxon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exxon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Exxon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Exxon Mobil Corp to buy it.
The correlation of Exxon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Exxon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exxon Mobil Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Exxon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities 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 main economic indicators.
Note that the BNC Bancorp information on this page should be used as a complementary analysis to other BNC Bancorp's 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Other Consideration for investing in BNC Stock

If you are still planning to invest in BNC Bancorp 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 BNC Bancorp's history and understand the potential risks before investing.
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