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Sun Bancorp, Inc. (SNBC)


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Sun Bancorp, Inc.

350 Fellowship Road
Suite 101
Mount Laurel, NJ 08054
United States
856-691-7700
http://www.sunnb.com

SectorFinancial
IndustryRegional - Northeast Banks
Full Time Employees322

Key Executives

NameTitlePayExercisedAge
Mr. Thomas M. O'BrienChief Exec. Officer, Pres & Director1.39MN/A67
Mr. Thomas R. BruggerCFO, Exec. VP, CFO of Sun National Bank and Exec. VP of Sun National Bank460.6kN/A50
Ms. Patricia M. Schaubeck Esq.Chief Legal Officer, EVP & Gen. Counsel415.6kN/A56
Mr. Nicos KatsoulisChief Lending Officer, EVP, Chief Lending Officer of Sun National Bank and EVP of Sun National Bank640.6kN/A58
Mr. Anthony J. MorrisChief Banking Officer of Sun National Bank and Exec. VP of Sun National Bank410.6kN/A61
Amounts are as of December 31, 2016 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.

Description

Sun Bancorp, Inc. operates as the bank holding company for Sun National Bank that provides an array of community banking services to consumers, small businesses, and mid-size companies. The company accepts various deposits, such as checking, savings, money market, time deposit certificate, individual retirement, and business checking accounts. Its loan products include term loans, lines of credit, and commercial mortgages, as well as lines of credit of overdraft sweeps. The company also provides cash management services comprising online banking, electronic bill payment and wire transfer, lockbox, merchant, remote deposit, and controlled disbursement services; and investment services, including insurance, annuities, mutual funds, securities, and other investment services. As of December 31, 2016, it operated 35 locations primarily in New Jersey, which included 30 branch offices; and 1 loan production office in New York. Sun Bancorp, Inc. was founded in 1985 and is headquartered in Mount Laurel, New Jersey.

Corporate Governance

Sun Bancorp, Inc.’s ISS Governance QualityScore as of June 2, 2017 is 4. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 3; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.