BNET Industries

Market Cap:$17.6M
Last Fiscal Year Sales:$191.2M
  • Public
  • US
Dow Jones Description

The quarters results reflect this difficult recessionary period and the challenges facing the entire banking industry. While our nonperforming assets increased as we anticipated, our credit losses remain low and consistent with our historical levels. Equally important, we showed dramatic growth in new customers and core deposits while seeing loan growth moderate in comparison to 2008. Currently, we are experiencing a very high level of liquidity, and our reliance on non-customer funding is quite low. We are also closely focused on our capital structure, which remains well capitalized so that our capacity to finance new lending activity remains strong. Even though we may be experiencing some early signs of economic improvement and some renewed confidence in the stock market, these are very preliminary, and at best, we are still in a protracted recession. In these unprecedented times, our focus will remain on the long run, on maintaining our ability to support our customers in their growth along conservative lines. Our new business development activities continue to be focused on relationship building, which we anticipate will result in stronger deposit growth along with new loans as new relationships are added. To a large degree, the funding improvement we experienced in this quarter is associated with our success in building relationship banking. ...

Number of Employees 826
Contact Information

17 N 20th St

Birmingham, Alabama 35203

superiorbank.co...

(205) 326-2265

NAICS Code Commercial Banking: 522110

Recent Events

  • Superior Bancorp Reports Third Quarter 2009 Results

    11/03/09 - Financial Announcement - View Story

  • Superior Bank names new CEO

    10/22/09 - Mgmt. Change Entering - CEO - View Story

  • Superior Bancorp names director

    10/14/09 - Mgmt. Change Entering - Director - View Story

  • Superior opens new branch at The Grove

    9/08/09 - Site Opening - View Story

Decision Makers

Name (plus bio) Position
C. Stanley Bailey CEO
C. Marvin Scott President
David Hiden CIO
Duane Bickings Chief Credit Officer
George Hall Chief Banking Officer
James C. Gossett Chief Accounting Officer
John S. Meriwether Chief Credit Officer & Executive Vice President, The Bank
Rick D. Gardner COO
Bob Bowen Executive Vice President
Chris Gossett Executive Vice President
F. Hampton McFadden General Counsel & Executive Vice President
Hampton McFadden Executive Vice President
W. Douglas Pate Executive Vice President, Operational Risk Management
Will E. Morgan Executive Vice President
Dick Zeigler Senior Vice President
Brian Brille Managing Director
Cary H Thompson Managing Director
Guy Lampard Senior Managing Director
John Gachora Mburu Managing Director
Mark A. Adley Managing Director of Mergers & Acquisitions
Roberto Engels Managing Director
W. Jeffery Seubel Managing Director
J. Travis Hain Managing Partner
Jacques Gliksberg Managing Partner
Scott R. Poole Partner
Jishnu Guha Manager
Scott Martin Senior Compliance Manager
Craig Elson
Jason A Mehring
Jonathan Lipow
Katie Manion
Richard Harvey
Rob Backof
Tracy Maxwell Heard Loan and Compliance Auditor

Board of Directors

Name (plus bio) Position
James A. Taylor Chairman
Barry Morton Board of Directors
David R. Carter Board of Directors
Harold W. Ripps Board of Directors
James C. White Board of Directors
James M. Link Board of Directors
James Mailon Kent Vice Chairman
James R. Andrews Board of Directors
Jerry M. Smith Board of Directors
John F. Gittings Board of Directors
Johnny Wallis Board of Directors
K. Earl Durden Board of Directors
Larry D. Striplin Vice Chairman
Marie Swift Board of Directors
Mayer Mitchell Board of Directors
Michael E. Stephens Board of Directors
Neal R. Berte Board of Directors
Peter N. Dichiara Board of Directors
R. Glenn Hilliard Board of Directors
Randall E. Jones Board of Directors
Roger Barker Board of Directors
Ronald W. Orso Board of Directors
Steven C. Hays Board of Directors
T. Mandell Tillman Board of Directors
Thomas E. Jernigan Board of Directors
W.T. Campbell Board of Directors

Organization Position Status
Superior Bancorp CEO Current

Organization Position Status
Superior Bancorp President Current
Superior Bancorp Board of Directors Current

Organization Position Status
Superior Bancorp CIO Current

Organization Position Status
Superior Bancorp Chief Credit Officer Current

Organization Position Status
Superior Bancorp Chief Banking Officer Current
Superior Bancorp Senior Executive Vice President Former

Organization Position Status
Superior Bancorp Chief Accounting Officer Current

Organization Position Status
Superior Bancorp Chief Credit Officer & Executive Vice President, The Bank Current

Organization Position Status
Superior Bancorp COO Current
Superior Bancorp Board of Directors Current

Organization Position Status
Superior Bancorp Executive Vice President Current

Organization Position Status
Superior Bancorp Executive Vice President Current

Organization Position Status
Superior Bancorp General Counsel & Executive Vice President Current

Organization Position Status
Superior Bancorp Executive Vice President Current

Organization Position Status
Superior Bancorp Executive Vice President, Operational Risk Management Current

Organization Position Status
Superior Bancorp Executive Vice President Current

Organization Position Status
Superior Bancorp Senior Vice President Current
Superior Bancorp Financial Advisor Current
University of South Dakota Board of Directors Current
Csusb Gift Board of Directors Current
University of South Dakota Bachelor's Degree Former

Organization Position Status
Superior Bancorp Managing Director Current
Superior Bancorp Global Head of Investment Banking Current
Radius Ventures, LLC Deputy Head of Corporate Investment Banking at Banc of America Securities, Llc. Current
Banc of America Securities LLC Current
Bonita Bead Board of Directors Current
Radius Ventures, LLC Board of Directors Current
Stanford Law School J.D. Former
Harvard University Masters of Public Policy Former
University of Illinois BS In Accounting Former

Cary H. Thompson serves as a director of our company. He served as a director of FIS from February 2006 until the spin-off date. Mr. Thompson served as a director of old FNF from 1992 until the merger between FIS and old FNF in November 2006. Mr. Thompson currently is a Managing Director with Banc of America Securities LLC. From 1999 to May 2008, Mr. Thompson was a Senior Managing Director with Bear Stearns & Co. Inc. Prior to that, Mr. Thompson was a director and Chief Executive Officer of Aames Financial Corporation, from 1996 to 1999. Mr. Thompson also serves as a director of FNF and SonicWall Corporation.

Organization Position Status
Superior Bancorp Managing Director Current
Lender's Service, Inc. Board of Directors Current
Aventail Ssl VPN Director Current
SonicWALL, Inc. Board of Directors Current
Aames Financial Corporation Chief Executive Officer Former
Aames Financial Corporation Chief Executive Former
Bear, Inc. Senior Managing Director Former
Bank of America Securities LLC Head of West Coast Investment Banking Former
Bear, Inc. Head of Corporate Finance Former
Superior Bancorp Head of West Coast Investment Banking Former
Aames Financial Corporation Director Former
University of Southern California School of Law Juris Doctorate Former
University of California, Berkeley Bachelor of Arts Degree Former

Guy A. Lampard is responsible for Aperio's marketing. Guy is a former Partner at Montgomery Securities and Senior Managing Director at Banc of America Securities where he worked for 16 years. During his career at Montgomery and Banc of America, his responsibilities included Director of the International Department, Deputy Head of Institutional Sales, Director of Marketing, including membership on the Equity Management and Commitment Committees. Guy is currently on the board of the India IT Mutual Fund where he is also Chairman of their Audit Committee. Additionally he is a Trustee of the California Historical Foundation, board member of Heyday Institute, board member of the Angel Island Association, and a former Chairman's Council member of Conservation International. He is the co-author of the book Giving From Your Heart, A Guide to Volunteering. Guy received his BA from the University of California, Berkeley.

Organization Position Status
Superior Bancorp Senior Managing Director Current
Aperio Group, LLC Principal Current
Life Settlement Financial, LLC Board of Directors Current
Montgomery Securities Partner Former
Conservation International Board of Directors Former
University of California, Berkeley BA Former

John Gachora Mburu is a Managing Director at Banc of America in Charlotte, NC, where he heads the Asset Backed Securities structuring and analytics group.

Organization Position Status
Superior Bancorp Managing Director Current
African Leadership Foundation Board of Directors Current

Mark Adley has served as a director of the company since 1991. Since March 2002, Mr. Adley has been a Managing Director of Mergers & Acquisitions at Banc of America Securities LLC, a global investment banking firm. From 1996 to 2001, Mr. Adley was a Managing Director at Credit Suisse First Boston Corporation, an investment banking firm.

Organization Position Status
Superior Bancorp Managing Director of Mergers & Acquisitions Current
Banc of America Securities LLC Director of Mergers & Acquisitions Current
ATMI, Inc. Committee Chair for Nominating and Governance Committee Current
ATMI, Inc. Board of Directors Current
Banc of America Securities LLC Managing Director of Mergers & Acquisitions Former
Credit Suisse First Boston Corporation Managing Director Former

Mr. Engels is a Managing Director of Banc of America Equity Partners-Latin America, based in Sao Paulo, Brazil, responsible for sourcing, valuation and management of portfolio companies in Latin America. Previously, Mr. Engels was a founding partner in Hard Communications, a media and communications company in Argentina. Prior to that, he held a variety of senior management positions with YPF, including general manager for YPF in Peru, where he was responsible for the start-up of that company's operations and the development and implementation of the business plan. He also represented YPF in the Board of Directors of La Pampilla S.A., the largest Peruvian refinery. Before joining YPF in 1994, Mr. Engels had be en a division manager for Santista Textil SA (Brazil), in charge of a full business unit - sales, marketing, production and administration. Prior to that, he was a junior consultant for Booz, Allen & Hamilton in Sao Paulo, Brazil. Currently, Mr. Engels is a Director of Econ Supermercados SA (Brazil), Service Care Participacoes (Brazil), Maxcom Telecomunicaciones S.A. de C.V. (Mexico) and Geoplan Ltd (Brazil). Mr. Engels earned an MBA from the Harvard Graduate School of Business Administration and received a BS in mechanical engineering from MIT.

Organization Position Status
Superior Bancorp Managing Director Current
Carbinvest Consulting, LLC Director Current
Hard Communications Partner Former
Booz Allen Hamilton, Inc. Junior Consultant Former

Organization Position Status
Superior Bancorp Managing Director Current

J. Travis Hain has served as Director since November 2006. He is the managing partner of Banc of America Capital Investors and was one of its founders in 1993. He has been with Bank of America and its predecessor for more than twenty years. Mr. Hain is presently a director or the equivalent of Eurofresh and FlexSol Packaging Corporation.

Organization Position Status
Superior Bancorp Managing Partner Current
Muzak LLC Board of Directors Current

Mr. Gliksberg is a founding member of Banc of America Equity Partners ? Latin America, having joined Banc of America Equity Partners in connection with the Continental Bank merger in 1994. Mr. Gliksberg joined the former Continental Bank in 1980 and served in a variety of positions in international, corporate, and investment banking. He was among the group responsible for launching Continental's operations in Chile in the early 1980s and later, the bank's Corporate Finance Department in Chicago, which specialized in highly leveraged transactions, buyouts, and restructurings. He is currently Managing Partner of Banc of America Equity Partners ? Latin America, a private equity fund with assets of approximately $500 million and focusing on high growth opportunities throughout the region. Mr. Gliksberg is Chairman of the Board of Structured Intelligence Inc., President of BankAmerica International Investment Corporation, a director of Difusion Panoramica (Mexico), Maxcom Telecomunicaciones S.A. de C.V. (Mexico), Organizacion Rescarven C.A. (Venezuela), Vesper (Brazil) and VeloCom, Inc. Mr. Gliksberg holds an MM from the J.L. Kellogg Graduate School of Management at Northwestern University, and a BA in Economics and Political Science from the University of Rochester.

Organization Position Status
Superior Bancorp Managing Partner Current
Carbinvest Consulting, LLC Current
Superior Bancorp Board of Directors Current
Continental Bank Former

Scott R. Poole has served as a Director since November 2006. He is a partner with Banc of America Capital Investors. Prior to joining Banc of America Capital Investors in 1995, he was an analyst at First Union Capital Partners, the principal investment group of the former First Union Corporation. Mr. Poole is presently a director of National Seating and Mobility, Inc. and OrthoNet Holdings Inc.

Organization Position Status
Superior Bancorp Partner Current
National Seating Co. Director Current
Mobility, Inc. Director Current
Muzak LLC Board of Directors Current

Jishnu Guha has been with Banc of America Securities for just under one year as a manager and compliance lawyer within the firm's Research Compliance division. Prior to this he spent a year as a consultant at accounting firm BDO Seidman LLP working on anti-fraud and anti-money laundering matters. Jishnu holds a B.S. in Business Administration and Political Science from Carnegie Mellon University, and a Juris Doctor from Yeshiva University's Cardozo School of Law, and is admitted to the bar in both New York and New Jersey. Prior to attending Cardozo, Jishnu worked as a paralegal at Hogan & Hartson LLP, a law firm in Washington, DC, and a technology consultant at MicroStrategy, a Northern Virginia software company.

Organization Position Status
Superior Bancorp Manager Current
Superior Bancorp Compliance Lawyer Current
Minds Matter of Denver, Inc Current
Hogan & Hartson LLP Paralegal Former
Carnegie Mellon University B.S. In Business Administration and Political Science Former

Scott A. Martin is Principal and Senior Compliance Manager at Banc of America Securities in Charlotte, North Carolina. By God's grace Scott and his wife Suzanne are the parents of three boys and a girl, each adopted from South Korea. Scott understands the critical importance of raising and training children according to Scriptural principles, "teach[ing] them diligently to your sons...when you sit in your house and when you walk by the way and when you lie down and when you rise up" (Deut 6:7). Scott's desire is that Gethsemane International will be used by God to minister physically and spiritually to parentless children in underprivileged areas of the world, as well as to encourage godly couples to expand their families through adoption.

Organization Position Status
Superior Bancorp Senior Compliance Manager Current
Superior Bancorp Principal Current
Gethsemane International, Inc. Treasurer Current

Organization Position Status
Banc of America Capital Investors Partner Current
Superior Bancorp Current
Integra Telecom Holdings Inc. Director Current
Prairiewave Communications, Inc. Director Current
Fibertech Networks, LLC Director Current
Banc of America Securities LLC Board of Directors Current
NuVox Communications, Inc. Director Current
Qantum Communications Corporation Director Current
Cavalier Telephone LLC Director Current
Brash Entertainment, LLC. Member of Board of Directors Current
Time Warner Inc. Former
Harvard Business School M.B.A. Former
Duke University B.A. in Political Science Former

Organization Position Status
Blackrock Kelso Capital Managing Director Current
Superior Bancorp Current
Havco Wood Products LLC Board Member Current
Tandus Group, Inc. Board Member Current
Baci LLC Former
Firstar Bank Former
Kellogg School of Management at Northwestern University M.B.A. Former
Kellogg School of Management at Northwestern University B.B.A. Former

Organization Position Status
Forum Technologies Ltd. Chief Economist Current
Superior Bancorp Current
University of California, Berkeley Ph.D. In Economics Former
University of California, Los Angeles BS In Political Science Former

Organization Position Status
Wellpetusa, Inc. Development Director Current
Superior Bancorp Current
University of South Carolina Bachelor's Degree In Psychology Former

One of the newest members to the recruiting team, Richard joined LPL Financial Institution Services in May of 2007 as a recruiting officer covering the Southern Midwest territory. Harvey brings eight years of experience in the financial services industry, which is highlighted by a four-year tenure at Questar Capital. During which, Harvey polished his recruiting and sales experience as a supervisory principal. In addition to holding positions with CSFB Direct and Banc of America Investment Services, Harvey is a graduate of Appalachian State University where he earned a degree in marketing and a minor in international business. He also holds series 7,24,63,65, and insurance licenses through UVEST Financial Services.

Organization Position Status
Superior Bancorp Current
Lpl Financial Institution Services Current
Appalachian State University Former

Organization Position Status
Scarsdale Equities LLC Principal, Equity Trader Current
Superior Bancorp Current
City University of New York B.S. Former

Organization Position Status
Superior Bancorp Loan and Compliance Auditor Current
Ohio House Democratic Caucus Current
Community Development, Inc. Executive Director Former

Organization Position Status
Superior Bancorp Chairman Current

Organization Position Status
Superior Bancorp Board of Directors Current

Organization Position Status
Red Lambda Cfo Current
V2R, LLC Executive Vice President and Chief Financial Officer Current
Superior Bancorp Board of Directors Current
V2R, LLC President Former
Superior Bancorp Cfo Former
Superior Bancorp Executive Vice President Former
Millsaps College B.A. In Accounting Former

Organization Position Status
Superior Bancorp Board of Directors Current

Organization Position Status
Superior Bancorp Board of Directors Current

Organization Position Status
Superior Bancorp Vice Chairman Current
Superior Bancorp Board of Directors Current

Organization Position Status
Superior Bancorp Board of Directors Current

Organization Position Status
Superior Bancorp Board of Directors Current

Organization Position Status
Superior Bancorp Board of Directors Current

Organization Position Status
Superior Bancorp Board of Directors Current
University of Washington clinical professor of medicine Former

Organization Position Status
Superior Bancorp Board of Directors Current
Superior Bancorp Vice Chairman Current

Organization Position Status
Superior Bancorp Vice Chairman Current
Superior Bancorp Vice Chairman Current

Organization Position Status
Superior Bancorp Board of Directors Current

Organization Position Status
Superior Bancorp Board of Directors Current

Organization Position Status
Superior Bancorp Board of Directors Current

Organization Position Status
Superior Bancorp Board of Directors Current

Organization Position Status
Superior Bancorp Board of Directors Current

Organization Position Status
Ing America, Inc. chairman Current
Superior Bancorp Board of Directors Current
The High Museum Inc Vice Chair Finance Current
Conseco Inc. Member Executive Committee Current
Liberty Life Insurance Company CEO Former
ING America Life Corporation CEO Former
ING America Life Corporation President Former
Liberty Life Insurance Company President Former
Conseco Inc. Executive Chairman, Directors Former
Liberty Life Insurance Company Attorney Former
Conseco Inc. Director Former
The George Washington University Law School Law Degree Former
Clemson University Bachelor of Arts Degree Former
University of Virginia Executive Program Former
Piedmont Hospital member Former

Organization Position Status
Superior Bancorp Board of Directors Current

Organization Position Status
Buffalo Rock Company Cfo Current
Superior Bancorp Board of Directors Current
Buffalo Rock Company Senior Vice President Former
Buffalo Rock Company Operations Manager Former
Buffalo Rock Company Corporate Controller Former
C.P.A.S Auditor Former
Buffalo Rock Company Chairman, Audit Committee Former
Buffalo Rock Company Board of Directors Former
Auburn University Former

Organization Position Status
Superior Bancorp Board of Directors Current

Organization Position Status
Superior Bancorp Board of Directors Current

Organization Position Status
Superior Bancorp Board of Directors Current

Organization Position Status
Superior Bancorp Board of Directors Current

Organization Position Status
Superior Bancorp Board of Directors Current
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     SUPR $1.52 -0.15 (-9.22% )
Average Volume 52,984
Shares Outstanding 11.62M
Market Cap 17.6M
Year High 5.75
Year Low 1.5
Earnings Per Share -16.51
P/E Ratio -0.09
Dividend N/A
Yield N/A
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