The estimated Net Worth of Joseph D Garea is at least $1.73 Milione dollars as of 9 August 2012. Mr. Garea owns over 26,087 units of Mackinac stock worth over $1,683,773 and over the last 17 years he sold MFNC stock worth over $0. In addition, he makes $44,400 as Independent Director at Mackinac.
Joseph has made over 12 trades of the Mackinac stock since 2008, according to the Form 4 filled with the SEC. Most recently he bought 26,087 units of MFNC stock worth $150,000 on 9 August 2012.
The largest trade he's ever made was buying 26,087 units of Mackinac stock on 9 August 2012 worth over $150,000. On average, Joseph trades about 2,033 units every 95 days since 2008. As of 9 August 2012 he still owns at least 78,315 units of Mackinac stock.
You can see the complete history of Mr. Garea stock trades at the bottom of the page.
Joseph D. Garea serves as Independent Director of the Company. Mr. Garea is Investment Advisor, Managing Director, Detalus Advisors and related companies (provider of investment portfolio management services to banks, thrift institutions and other institutional customers). Mr. Garea's qualifications to serve as a director include his prior employment within the financial services industry, his service as a member of the Board, with a variety of committee responsibilities, along with his other current advisory services to numerous public and private financial services organizations.
As the Independent Director of Mackinac, the total compensation of Joseph Garea at Mackinac is $44,400. There are 8 executives at Mackinac getting paid more, with Kelly George having the highest compensation of $823,812.
Joseph Garea is 65, he's been the Independent Director of Mackinac since 2007. There are 4 older and 6 younger executives at Mackinac. The oldest executive at Mackinac Financial Corp. is Walter Aspatore, 77, who is the Lead Independent Director.
Joseph's mailing address filed with the SEC is 469 N Hanley Rd, University City, MO 63130, 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... e 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: