The estimated Net Worth of Thomas A Procelli is at least $279 Thousand dollars as of 27 October 2011. Mr. Procelli owns over 25,000 units of Optimumbank stock worth over $134,538 and over the last 20 years he sold OPHC stock worth over $0. In addition, he makes $144,200 as Director at Optimumbank.
Thomas has made over 6 trades of the Optimumbank stock since 2005, according to the Form 4 filled with the SEC. Most recently he bought 25,000 units of OPHC stock worth $10,000 on 27 October 2011.
The largest trade he's ever made was buying 25,000 units of Optimumbank stock on 27 October 2011 worth over $10,000. On average, Thomas trades about 5,058 units every 222 days since 2004. As of 27 October 2011 he still owns at least 29,504 units of Optimumbank stock.
You can see the complete history of Mr. Procelli stock trades at the bottom of the page.
Thomas A. Procelli serves as Director of the Bank. Mr. Procelli has served as the Executive Vice President and Chief Technology Officer of OptimumBank since its inception in 2000 and as a director of OptimumBank since 2010. He worked as a contingency planning consultant for Consolidated Bank located in Hialeah, Florida. During the ten year period of 1980 to 1990, He was employed nine years with American Savings and Loan Association, FSB, of Miami, Florida, serving finally as Vice President of Corporate Development after managing several other departments, including Office Automation, Methods and Analysis, and Information Systems Auditing. In 1985, He served as the Manager of the Computer Audit Assistance Group for the West Palm Beach, Florida office of the public accounting firm of Coopers & Lybrand. Prior to 1980, He held auditing positions at Intercontinental Bank, Miami Beach, Florida; European American Bank, New York; and, National Westminster Bank USA, New York. Mr. Procelli received his MBA in finance in 1979 and his BBA degree in accounting in 1976 from Hofstra University located in Hempstead, New York.
As the Director of Optimumbank, the total compensation of Thomas Procelli at Optimumbank is $144,200. There are 3 executives at Optimumbank getting paid more, with Timothy L. Terry having the highest compensation of $268,765.
Thomas Procelli is 63, he's been the Director of Optimumbank since 2017. There are 4 older and 4 younger executives at Optimumbank. The oldest executive at Optimumbank Holdings Inc. is Heng Fai Chan, 75, who is the Director.
Thomas's mailing address filed with the SEC is C/O OPTIMUMBANK, 2477 E. COMMERCIAL BLVD., FT LAUDERDALE, FL, 33308.
Over the last 20 years, insiders at Optimumbank have traded over $526,134 worth of Optimumbank stock and bought 2,322,171 units worth $1,718,924 . The most active insiders traders include Heng Fai Ambrose Chan, Moishe Gubin, and Joel J. Klein. On average, Optimumbank executives and independent directors trade stock every 161 days with the average trade being worth of $281,730. The most recent stock trade was executed by Timothy Terry on 5 June 2023, trading 26,450 units of OPHC stock currently worth $84,640.
optimumbank holdings, inc. serves as a bank holding company for optimumbank (the bank). optimumbank provides community banking services to individuals and businesses in broward, miami-dade and palm beach counties. the principal sources of funds for its lending activities are deposits, borrowings, repayment of loans, and the repayment, or maturity of investment securities. it provides a range of consumer and commercial banking services to individuals and businesses.
Optimumbank executives and other stock owners filed with the SEC include: