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    Park Sterling Corporation (PSTB)

    6.71 Up 0.01(0.15%) May 1, 4:00PM EDT
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    Park Sterling Corporation
    1043 East Morehead Street
    Suite 201
    Charlotte, NC 28204
    United States - Map
    Phone: 704-716-2134
    Website: http://www.parksterlingbank.com

    Index Membership:N/A
    Industry:Regional - Southeast Banks
    Full Time Employees:514

    Business Summary 

    Park Sterling Corporation operates as the bank holding company for Park Sterling Bank and Citizens South Bank, which provides banking and financial products and services. It offers a range of banking products, including personal, business, and non-profit checking accounts; IOLTA accounts; individual retirement accounts; business and personal money market accounts; and certificates of deposit. The company’s lending activities include a range of short-to medium-term commercial, real estate, residential mortgage, and home equity and consumer loans, as well as long-term residential mortgages. It also offers wealth management services, such as investment management, personal trust services, institutional custody, and investment brokerage services; overdraft protection; safe deposit boxes; online and mobile banking services; and cash management activities, which include remote deposit capture, lockbox services, sweep accounts, purchasing cards, ACH, and wire payments. The company serves small and mid-sized businesses, owner-occupied and income-producing real estate owners, residential builders, institutions, professionals, and consumers. As of December 31, 2013, it operated 43 full service branches and 1 drive through facility in North Carolina, South Carolina, and North Georgia. The company is headquartered in Charlotte, North Carolina.

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    Corporate Governance 
    Park Sterling Corporation’s ISS Governance QuickScore as of Apr 1, 2015 is 6. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 8; Compensation: 4.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. James C. Cherry , 65
    Chief Exec. Officer, Director, Member of Exec. Committee, Member of Loan & Risk Committee, Member of Trust & Investment Management Committee and Chief Exec. Officer of Park Sterling Bank
    Mr. Bryan F. Kennedy III, 57
    Mr. David L. Gaines , 55
    Chief Financial Officer and Exec. VP
    Ms. Nancy J. Foster , 53
    Chief Risk Officer and Exec. VP
    Mr. Mark S. Ladnier , 56
    Head of Operations & Information Technology and Group Sr. VP
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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