Item 3. Legal Proceedings
Item
3. Legal Proceedings .
In the ordinary course of our business,
the Company and its subsidiaries are parties to various legal actions, which we believe are incidental to the operation of our
business. Although the ultimate outcome and amount of liability, if any, with respect to these legal actions cannot presently be
ascertained with certainty, in the opinion of management, based upon information currently available to us, any resulting liability
is not likely to have a material adverse effect on the Company’s consolidated financial position, results of operations or cash
flows.
Item
4. Mine Safety Disclosures.
Not Applicable
Supplemental Item: Information about
our Executive Officers
The following table lists the names and
ages of the executive officers of the Company as of February 26, 2021, the positions presently held by each executive officer,
and the business experience of each executive officer during their employment at the Company. Unless otherwise indicated, each
person has held his or her principal occupation(s) for more than five years.
Name
Age
Position(s) Held with the Company and
its Subsidiaries and Principal Occupation(s)
Mark A. Klein
66
Chairman of the Company since April 2015;
Director of the Company since February 2010; President and Chief Executive Officer of the Company since January 2010 and of State
Bank since January 2006; Director of State Bank since 2006; President of RDSI since October 2011; Member of State Bank Trust Investment
Review Committee since March 2007.
Anthony V. Cosentino
59
Executive Vice President and Chief Financial Officer of the Company and State Bank since March 2010; Chief Financial Officer of RDSI since October 2011; Member of State Bank Trust Investment Review Committee since June 2010.
Ernesto Gaytan
49
Executive Vice President and Chief Technology Innovation and Operations Officer of the Company since July 2018; Chief Technology Innovation Officer since November 2017.
Jonathan R. Gathman
47
Executive Vice President and Senior Lending
Officer of the Company since October 2005; Senior Vice President and Commercial Lending Manager from June 2005 through October
2005; Vice President and Commercial Lender from February 2003 through June 2005. Began working for State Bank in May 1996.
Keeta J. Diller
64
Executive Vice President and Chief
Risk Officer of the Company since July 2019; Senior Vice President and Chief Enterprise Risk Management Officer from August 2018
through July 2019; Senior Vice President and Audit Coordinator and Director of Operations from December 2011 through August 2018;
Vice President and Internal Auditor from January 2010 through December 2011; Corporate Secretary for the Company since 1996; Began
working for State Bank in February 1990 as the Accounting Supervisor.
33
PART II