The estimated Net Worth of W. Ray Iii Stevens is at least $230 mil dollars as of 1 July 2019. Mr. Stevens owns over 15,000 units of Richmond Mutual Bancorporation stock worth over $190,500 and over the last 5 years he sold RMBI stock worth over $0. In addition, he makes $39,950 as Independent Director at Richmond Mutual Bancorporation.
W has made over 1 trades of the Richmond Mutual Bancorporation stock since 2019, according to the Form 4 filled with the SEC. Most recently he bought 15,000 units of RMBI stock worth $150,000 on 1 July 2019.
The largest trade he's ever made was buying 15,000 units of Richmond Mutual Bancorporation stock on 1 July 2019 worth over $150,000. On average, W trades about 7,500 units every 0 days since 2019. As of 1 July 2019 he still owns at least 15,000 units of Richmond Mutual Bancorporation stock.
You can see the complete history of Mr. Stevens stock trades at the bottom of the page.
W. Ray Stevens III serves as Independent Director of the Company. Mr. Stevens was the President and Owner of Stevens Wire Products, a manufacturer of wire products, from 1986 until his retirement in 2016. He is a past board member of the Wire Fabricators Association, the Richmond YMCA, the Richmond Redevelopment Commission, the Wayne County Chamber of Commerce and the Forest Hills Country Club and has supported and continues to support various not-for-profit organizations in our community. Mr. Stevens graduated with a Bachelor of Science degree from Indiana University. Mr. Stevens’ business experience as an owner and operator of a manufacturing company, including navigating the numerous business cycles which occurred over his more than 30 years in the industry, and his 25 years serving as a bank director helped him develop valuable skills which he draws upon for service on our board and his assigned committees. In addition, his participation in our local business community for over 30 years brings knowledge of the local economy and business opportunities to First Bank Richmond.
As the Independent Director of Richmond Mutual Bancorporation, the total compensation of W Stevens at Richmond Mutual Bancorporation is $39,950. There are 7 executives at Richmond Mutual Bancorporation getting paid more, with Garry D. Kleer having the highest compensation of $532,909.
W Stevens is 69, he's been the Independent Director of Richmond Mutual Bancorporation since 1994. There are 2 older and 22 younger executives at Richmond Mutual Bancorporation. The oldest executive at Richmond Mutual Bancorporation, Inc. is Lindley Mann, 74, who is the Lead Independent Director.
W's mailing address filed with the SEC is RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND, IN, 47374.
Over the last 5 years, insiders at Richmond Mutual Bancorporation have traded over $112,131 worth of Richmond Mutual Bancorporation stock and bought 362,233 units worth $3,848,438 . The most active insiders traders include Jeffrey A. Jackson, M. Lynn Wetzel, eHarold T. Iii Hanley. On average, Richmond Mutual Bancorporation executives and independent directors trade stock every 44 days with the average trade being worth of $118,694. The most recent stock trade was executed by M. Lynn Wetzel on 1 May 2024, trading 1,250 units of RMBI stock currently worth $13,725.
Richmond Mutual Bancorporation, Inc. operates as a holding company for First Bank Richmond that provides various banking services. The company accepts various deposits, including savings deposit accounts, money market accounts NOW and demand accounts, and certificates of deposit. It also offers a range of lending products, such as multi-family and commercial real estate loans, commercial and industrial loans, construction and development loans, residential real estate loans, and consumer loans. In addition, the company engages in the lease financing business; and provision of fee-based financial services comprising trust and estate administration, investment management, retirement plan administration, and private banking services. It operates through 12 full service and one limited-service banking offices with seven full-service and one limited-service offices located in Indiana; five offices situated in Ohio; one full-service banking office and four other branch offices are located in Richmond, Indiana; two other offices in Cambridge City, Centerville, Richmond, and Shelbyville, Indiana; two offices in Sidney and Ohio; two offices in Piqua and one office in Troy, Ohio; and a loan production office in Columbus, Ohio. Richmond Mutual Bancorporation, Inc. was founded in 1887 and is headquartered in Richmond, Indiana.
Richmond Mutual Bancorporation executives and other stock owners filed with the SEC include: