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Sun Bancorp Inc. (SNBC)

-NasdaqGS
3.88 Up 0.05(1.31%) 4:00PM EDT
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Sun Bancorp Inc.
226 Landis Avenue
Vineland, NJ 08360
United States - Map
Phone: 856-691-7700
Website: http://www.sunnb.com

Details 
Index Membership:N/A
Sector:Financial
Industry:Regional - Northeast Banks
Full Time Employees:631

Business Summary 

Sun Bancorp, Inc. operates as the bank holding company for Sun National Bank that provides various commercial and consumer banking services in New Jersey. The company offers various deposit instruments consisting of checking accounts, savings accounts, money market accounts, certificates of deposits, and individual retirement accounts, as well as business checking accounts. Its loan portfolio includes commercial and industrial loans, such as short-term and long-term business loans, lines of credit, mortgage loans on commercial real estate, and construction loans to developers and builders; and home equity lines of credit and loans, second mortgage loans, residential real estate loans, consumer loans, and small business loans. The company also provides cash management services comprising electronic banking, sweep accounts, lockbox services, Internet banking, remote deposits, and controlled disbursement services; investment services, including insurance, annuities, mutual funds, securities brokerage, and real estate investment trusts; and equipment leasing services, as well as enters into financial derivative transactions primarily consisting of interest rate swaps. As of December 31, 2012, it operated a network of 62 locations in New Jersey. Sun Bancorp, Inc. was founded in 1985 and is headquartered in Vineland, New Jersey.

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Corporate Governance 
Sun Bancorp Inc.’s ISS Governance QuickScore as of Apr 1, 2014 is 7. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 3; Compensation: 8.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Sidney R. Brown , 56
Chairman, Interim Chief Exec. Officer, Interim Pres, Member of Exec. Committee, Member of ALCO/Investment Committee, Chairman of Sun National Bank, Interim Chief Exec. Officer of Sun Nation Bank and Interim Pres of Sun Nation Bank
178.00K0.00
Mr. Thomas X. Geisel , 53
Chief Exec. Officer, Pres, Director, Member of Exec. Committee, Chief Exec. Officer of Sun National Bank, Pres of Sun National Bank and Director of Sun National Bank
597.00K0.00
Mr. Bernard A. Brown , 89
Founder and Chairman Emeritus
356.00K0.00
Mr. Thomas R. Brugger , 47
Chief Financial Officer, Exec. VP, Chief Financial Officer of Sun National Bank and Exec. VP of Sun National Bank
87.00K0.00
Mr. Peter Galetto Jr., 60
Sec., Director, Chairman of Audit Committee, Chairman of Risk Committee, Member of Exec. Committee, Member of Nominating & Corp. Governance Committee and Director of Sun National Bank
23.00KN/A
Amounts are as of Dec 31, 2012 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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