The estimated Net Worth of Paul Davison Tobias is at least $1.22 million dollars as of 29 April 2022. Mr. Tobias owns over 1,200 units of Mackinac stock worth over $370,940 and over the last 17 years he sold MFNC stock worth over $91,483. In addition, he makes $758,812 as Chairman of the Board, Chief Executive Officer of the Company et Chairman of the Bank at Mackinac.
Paul has made over 8 trades of the Mackinac stock since 2007, according to the Form 4 filled with the SEC. Most recently he bought 1,200 units of MFNC stock worth $99,804 on 29 April 2022.
The largest trade he's ever made was exercising 70,502 units of Mackinac stock on 15 December 2014 worth over $687,395. On average, Paul trades about 7,924 units every 270 days since 2007. As of 29 April 2022 he still owns at least 17,253 units of Mackinac stock.
You can see the complete history of Mr. Tobias stock trades at the bottom of the page.
Paul D. Tobias serves as Chairman of the Board, Chief Executive Officer of the Company, Chairman of the Bank of the Company. Mr. Tobias' qualifications to serve as a director include his experience as a banking and financial services executive, along with his institutional knowledge of the Corporation through his tenure as its Chief Executive Officer.
As the Chairman of the Board, Chief Executive Officer of the Company et Chairman of the Bank of Mackinac, the total compensation of Paul Tobias at Mackinac is $758,812. There are 1 executives at Mackinac getting paid more, with Kelly George having the highest compensation of $823,812.
Paul Tobias is 69, he's been the Chairman of the Board, Chief Executive Officer of the Company et Chairman of the Bank of Mackinac since 2006. There are 3 older and 7 younger executives at Mackinac. The oldest executive at Mackinac Financial Corp. is Walter Aspatore, 77, who is the Lead Independent Director.
Paul's mailing address filed with the SEC is 38710 Woodward Ave #240, Bloomfield Hills, MI 48304, USA.
Over the last 25 years, insiders at Mackinac have traded over $483,703 worth of Mackinac stock and bought 336,837 units worth $2,541,054 . The most active insiders traders include Paul Davison Tobias, David Russ Steinhardt Capit... et Walter J Aspatore. On average, Mackinac executives and independent directors trade stock every 77 days with the average trade being worth of $91,719. The most recent stock trade was executed by Paul Davison Tobias on 17 August 2021, trading 4,394 units of MFNC stock currently worth $91,483.
Mackinac Financial Corporation is a registered bank holding company formed under the Bank Holding Company Act of 1956 with assets in excess of $1.5 billion. The principal subsidiary of the Corporation is mBank. Headquartered in Manistique, Michigan, mBank has 29 branch locations; eleven in the Upper Peninsula, ten in the Northern Lower Peninsula, one in Oakland County, Michigan, and seven in Northern Wisconsin. The Corporation’s banking services include commercial lending and treasury management products and services geared toward small to mid-sized businesses, as well as a full array of personal and business deposit products and consumer loans.
Mackinac executives and other stock owners filed with the SEC include: