Drake Mills - Origin Bancorp President CEO, Director
OBNKDelisted Stock | USD 28.61 0.95 3.21% |
CEO
Mr. Drake D. Mills is Chairman of the Board, President, Chief Executive Officer of the company. He has over 34 years of banking experience and started out as a check file clerk with Origin Bank. Having worked his way up through the organization, Mr. Mills has served in various capacities including inhouse system night operator, branch manager, consumer loan officer, commercial lender and Chief Financial Officer. He became President and Chief Operations Officer in 1997 and was named Chief Executive Officer of Origin Bank in 2003. He has served our holding company as President since 1998 and Chief Executive Officer since 2008 and as Chairman of our board of directors since 2012. Under his leadership as President and Chief Executive Officer, Origin Bank has grown from assets of 200.6 million to 4.15 billion, primarily through organic growth. Mr. Mills served on the Community Depository Institutions Advisory Council to the Federal Reserve Bank of Dallas from 2011 to 2014. He represented the Federal Reserve Bank of Dallas on the Community Depository Institutions Advisory Council to the Federal Reserve System in Washington, D.C., and was appointed as the councils President for a one year term in 2013. He is also a past Chairman of the Louisiana Bankers Association. Mr. Mills graduated from Louisiana Tech University with a BS degree in Finance. He also graduated from the Graduate School of Banking of the South in Baton Rouge, Louisiana and The Graduate School of Banking of the Souths Professional Master of Banking Program in Austin, Texas. Mr. Mills oversees our executive management team as well as the development and execution of our strategic plan. His vision and leadership are instrumental in our growth and success.
Age | 62 |
Phone | 318 255 2222 |
Web | https://www.origin.bank |
Drake Mills Latest Insider Activity
Tracking and analyzing the buying and selling activities of Drake Mills against Origin Bancorp stock is an integral part of due diligence when investing in Origin Bancorp. Drake Mills insider activity provides valuable insight into whether Origin Bancorp is net buyers or sellers over its current business cycle. Note, Origin Bancorp insiders must abide by specific rules, including filing SEC forms every time they buy or sell Origin Bancorp'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Drake Mills over three months ago Disposition of 4126 shares by Drake Mills of Origin Bancorp, subject to Rule 16b-3 | ||
Drake Mills over six months ago Disposition of 1757 shares by Drake Mills of Origin Bancorp subject to Rule 16b-3 |
Origin Bancorp Management Efficiency
Origin Bancorp's management efficiency ratios could be used to measure how well Origin Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.Origin Bancorp currently holds 841 M in liabilities with Debt to Equity (D/E) ratio of 7.62, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about Origin Bancorp's use of debt, we should always consider it together with its cash and equity.
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Management Performance
Return On Equity | 0.11 | |||
Return On Asset | 0.0099 |
Origin Bancorp Leadership Team
Elected by the shareholders, the Origin Bancorp's board of directors comprises two types of representatives: Origin Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Origin. The board's role is to monitor Origin Bancorp's management team and ensure that shareholders' interests are well served. Origin Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Origin Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
CPA CPA, Sr Officer | ||
Preston III, Chief Officer | ||
Derek McGee, Sr Counsel | ||
Jimmy Crotwell, Corp Officer | ||
Chris Reigelman, Investor Relations | ||
William IV, CFO Officer | ||
Martin Hall, Chief Officer | ||
Drake Mills, President CEO, Director | ||
Lonnie Scarborough, Chief Bank | ||
Russell Chase, Chief Bank |
Origin Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Origin Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 0.11 | |||
Return On Asset | 0.0099 | |||
Profit Margin | 0.28 % | |||
Operating Margin | 0.40 % | |||
Current Valuation | 1.1 B | |||
Shares Outstanding | 30.78 M | |||
Shares Owned By Insiders | 5.69 % | |||
Shares Owned By Institutions | 53.09 % | |||
Number Of Shares Shorted | 757.41 K | |||
Price To Earning | 15.66 X |
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Other Consideration for investing in Origin Stock
If you are still planning to invest in Origin Bancorp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Origin Bancorp's history and understand the potential risks before investing.
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