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Three Shores Bancorporation

OTCPK:TSHR
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TSHR
OTCPK
$216M
Market Cap
  1. Home
  2. US
  3. Banks
Company description

Three Shores Bancorporation, Inc. operates as a bank holding company for Seaside National Bank & Trust that offers commercial banking products and services in Florida. The last earnings update was 27 days ago. More info.


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TSHR Share Price and Events
7 Day Returns
0%
OTCPK:TSHR
1.1%
US Banks
0.5%
US Market
1 Year Returns
-
OTCPK:TSHR
-8%
US Banks
0.8%
US Market
TSHR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Three Shores Bancorporation (TSHR) 0% - - - - -
US Banks 1.1% -0.6% -2.8% -8% 46.4% 40.3%
US Market 0.5% -0.1% 1% 0.8% 37.5% 37.5%
1 Year Return vs Industry and Market
  • No trading data on TSHR.
  • No trading data on TSHR.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Three Shores Bancorporation undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Three Shores Bancorporation to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Three Shores Bancorporation.

OTCPK:TSHR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $5.42 * 10.6%
$0.57
Book Value of Equity per Share Median Book Value from the past 5 years. $5.42
Discount Rate (Cost of Equity) See below 10%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:TSHR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.593 (1 + (1- 21%) (71.44%))
1.228
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.23
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.228 * 5.96%)
10.05%

Discounted Cash Flow Calculation for OTCPK:TSHR using Excess Returns Model Model

The calculations below outline how an intrinsic value for Three Shores Bancorporation is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

OTCPK:TSHR Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (10.6% – 10.05%) * $5.42)
$0.03
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $0.03 / (10.05% - 2.73%)
$0.41
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $5.42 + $0.41
$5.83
OTCPK:TSHR Discount to Share Price
Calculation Result
Value per share (USD) From above. $5.83
Current discount Discount to share price of $9.00
= -1 x ($9.00 - $5.83) / $5.83
-54.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Three Shores Bancorporation is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Three Shores Bancorporation's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Three Shores Bancorporation's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:TSHR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.57
OTCPK:TSHR Share Price ** OTCPK (2019-06-04) in USD $9
United States of America Banks Industry PE Ratio Median Figure of 600 Publicly-Listed Banks Companies 12.67x
United States of America Market PE Ratio Median Figure of 3,094 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Three Shores Bancorporation.

OTCPK:TSHR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:TSHR Share Price ÷ EPS (both in USD)

= 9 ÷ 0.57

15.89x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Three Shores Bancorporation is overvalued based on earnings compared to the US Banks industry average.
  • Three Shores Bancorporation is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Three Shores Bancorporation's expected growth come at a high price?
Raw Data
OTCPK:TSHR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.89x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
8%per year
United States of America Banks Industry PEG Ratio Median Figure of 271 Publicly-Listed Banks Companies 1.37x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Three Shores Bancorporation, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Three Shores Bancorporation's assets?
Raw Data
OTCPK:TSHR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $6.13
OTCPK:TSHR Share Price * OTCPK (2019-06-04) in USD $9
United States of America Banks Industry PB Ratio Median Figure of 603 Publicly-Listed Banks Companies 1.2x
United States of America Market PB Ratio Median Figure of 5,244 Publicly-Listed Companies 1.79x
OTCPK:TSHR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:TSHR Share Price ÷ Book Value per Share (both in USD)

= 9 ÷ 6.13

1.47x

* Primary Listing of Three Shores Bancorporation.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Three Shores Bancorporation is overvalued based on assets compared to the US Banks industry average.
X
Value checks
We assess Three Shores Bancorporation's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Three Shores Bancorporation has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Three Shores Bancorporation expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Three Shores Bancorporation, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Three Shores Bancorporation expected to grow at an attractive rate?
  • Three Shores Bancorporation's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Three Shores Bancorporation's earnings growth is positive but not above the United States of America market average.
  • Unable to compare Three Shores Bancorporation's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:TSHR Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:TSHR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 8%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 3.8%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 3.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:TSHR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:TSHR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 54 14
2018-12-31 59 17
2018-09-30 60 17
2018-06-30 59 16
2018-03-31 58 14
2017-12-31 56 13
2017-09-30 54 11
2017-03-31 51 9
2016-12-31 49 9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Three Shores Bancorporation's earnings are expected to grow by 8% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Three Shores Bancorporation is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:TSHR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Three Shores Bancorporation Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:TSHR Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.57
2018-12-31
2018-09-30 0.71
2018-06-30 0.65
2018-03-31 0.60
2017-12-31 0.54
2017-09-30 0.47
2017-03-31 0.41
2016-12-31 0.39

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Three Shores Bancorporation will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Three Shores Bancorporation's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Three Shores Bancorporation has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Three Shores Bancorporation performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Three Shores Bancorporation's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Three Shores Bancorporation has delivered over 20% year on year earnings growth in the past 5 years.
  • Three Shores Bancorporation's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Three Shores Bancorporation's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.
Earnings and Revenue History
Three Shores Bancorporation's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Three Shores Bancorporation Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:TSHR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 54.33 13.75 34.91
2018-12-31 59.26 17.17 34.91
2018-09-30 59.52 16.74
2018-06-30 58.61 15.59
2018-03-31 57.60 14.16
2017-12-31 55.74 12.67
2017-09-30 53.55 11.08
2017-03-31 50.65 9.39
2016-12-31 49.15 9.01
2015-12-31 41.99 5.68

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Three Shores Bancorporation has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Three Shores Bancorporation used its assets less efficiently than the US Banks industry average last year based on Return on Assets.
  • Unable to establish if Three Shores Bancorporation improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Three Shores Bancorporation's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Three Shores Bancorporation has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Three Shores Bancorporation's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Three Shores Bancorporation's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Three Shores Bancorporation Company Filings, last reported 2 months ago.

OTCPK:TSHR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 148.70 154.37 67.98
2018-12-31 145.09 170.28 44.46
2018-09-30 136.89 138.24 61.97
2018-06-30 133.91 213.59 53.20
2018-03-31 129.61 165.43 63.98
2017-12-31 128.27 206.24 48.81
2017-09-30 128.49 227.92 45.02
2017-03-31 119.40 153.45 81.71
2016-12-31 115.54 173.85 41.46
2015-12-31 114.77 87.71 28.41
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Three Shores Bancorporation has an acceptable proportion of non-loan assets held.
  • Three Shores Bancorporation's liabilities are made up of primarily low risk sources of funding.
  • Loans at Three Shores Bancorporation are broadly funded by customer deposits.
  • Three Shores Bancorporation's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if Three Shores Bancorporation has a sufficient allowance for bad loans without relevant financial data.
  • Unable to establish if Three Shores Bancorporation has an acceptable level of bad loans without bad loans data.
X
Financial health checks
We assess Three Shores Bancorporation's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Three Shores Bancorporation has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Three Shores Bancorporation's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Three Shores Bancorporation dividends.
If you bought $2,000 of Three Shores Bancorporation shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Three Shores Bancorporation's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Three Shores Bancorporation's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:TSHR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 478 Stocks 2.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Three Shores Bancorporation has not reported any payouts.
  • Unable to verify if Three Shores Bancorporation's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Three Shores Bancorporation's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Three Shores Bancorporation has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Three Shores Bancorporation's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Three Shores Bancorporation afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Three Shores Bancorporation has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Three Shores Bancorporation's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Gideon Haymaker
AGE 59
CEO Bio

Mr. Gideon T. Haymaker is Founder, Chief Executive Officer, President and Director of Three Shores Bancorporation, Inc. and President and Chief Executive Officer of Seaside National Bank & Trust. From 2000 until 2004, Mr. Haymaker served as the Executive Vice President, Group Line of Business Manager Private Client Services, for SunTrust Bank, Inc in Orlando, Florida. From 1998 until 2000, he served as the Executive Vice President - Director of Retail Banking for SunTrust Bank, Inc. Central Florida. From 1991 to 1998, he served as the President/Chief Operating officer of SunTrust Bank Treasure Coast in Martin, Port St. Lucie, and Indian River, Florida. From 1985 to 1991, Mr. Haymaker served as the Chief Administrative Officer of SunTrust Bank Martin County, NA. It was during this time period that Mr. Haymaker facilitated two mergers with SunTrust Bank of St. Lucie County and SunTrust Bank of Indian River County, N,A. to form SunTrust Bank, Treasure Coast, and N.A., subsequently, he also managed the merging of SunTrust Bank Treasure Coast, N.A. into SunTrust Bank South Florida in Broward and Palm Beach Counties. From 1984 to 1985, he served as Commercial Loan officer for SunTrust Bank St. Lucie County, and from 1982 to 1984, he served as Associate Vice President - Corporate Lending for Atlantic Bank of Florida. His numerous responsibilities have also included opening new offices in Seminole, Orange, Osceola, Lake, St. Lucie, Indian River, and Martin Counties.

CEO Compensation
  • Insufficient data for Gideon to compare compensation growth.
  • Insufficient data for Gideon to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Gideon Haymaker

TITLE
Founder
AGE
59

Barry Griffiths

TITLE
Senior VP & CFO

Gary Young

TITLE
Chief Operating Officer
Board of Directors Tenure

Average tenure and age of the Three Shores Bancorporation board of directors in years:

9.5
Average Tenure
59
Average Age
  • The tenure for the Three Shores Bancorporation board of directors is about average.
Board of Directors

Tom Yochum

TITLE
Chairman of the Board
AGE
74
TENURE
9.5 yrs

Gideon Haymaker

TITLE
Founder
AGE
59
TENURE
9.5 yrs

John Cochran

TITLE
Director
AGE
47
TENURE
9.5 yrs

Brian Golson

TITLE
Director
AGE
48
TENURE
9.5 yrs

Chas Bailes

TITLE
Director

Rick Walsh

TITLE
Director

Tom O'Shane

TITLE
Director
AGE
70
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Three Shores Bancorporation's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Three Shores Bancorporation has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Three Shores Bancorporation, Inc. operates as a bank holding company for Seaside National Bank & Trust that offers commercial banking products and services in Florida. The company, through its subsidiary, provides private banking, commercial banking, wealth management, trust services, and insurance. The company was incorporated in 2009 and is based in Orlando, Florida.

Details
Name: Three Shores Bancorporation, Inc.
TSHR
Exchange: OTCPK
Founded: 2009
$216,068,508
24,007,612
Website: http://www.threeshoresbancorporation.com
Address: Three Shores Bancorporation, Inc.
201 South Orange Avenue,
Suite 1350,
Orlando,
Florida, 32801,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK TSHR Common Shares Pink Sheets LLC US USD 12. Mar 2018
Number of employees
Current staff
Staff numbers
0
Three Shores Bancorporation employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/17 01:07
End of day share price update: 2019/06/04 00:00
Last earnings filing: 2019/05/21
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.