Samuel Stone Sample Contracts

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Previous Companies
officer: EVP & Chief Financial Officer until January 28th, 2013
Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE (January 28th, 2014)

● Provision expense in fourth quarter of 2013 continued at zero due to continued improvement in asset quality metrics and strong level of reserves

Firstbank Corp – EMPLOYMENT AGREEMENT (August 15th, 2013)

This EMPLOYMENT AGREEMENT (this "Agreement") is made as of August 14, 2013, by and among MERCANTILE BANK CORPORATION, a Michigan corporation ("Mercantile Corp"), MERCANTILE BANK OF MICHIGAN ("Mercantile Bank") (together referred to as "Mercantile"), FIRSTBANK CORPORATION, a Michigan Corporation ("Firstbank"), and SAMUEL STONE ("Executive").

Firstbank Corp – EMPLOYMENT AGREEMENT (August 15th, 2013)

This EMPLOYMENT AGREEMENT (this "Agreement") is made as of August 14, 2013, by and among MERCANTILE BANK CORPORATION, a Michigan corporation ("Mercantile Corp"), MERCANTILE BANK OF MICHIGAN ("Mercantile Bank") (together referred to as "Mercantile"), FIRSTBANK CORPORATION, a Michigan Corporation ("Firstbank"), and SAMUEL STONE ("Executive").

Firstbank Corp – AGREEMENT (August 15th, 2013)

This agreement, dated August 14, 2013, and effective on the same date, is between Firstbank Corporation (“Firstbank”) and Samuel G. Stone (“Executive”).

Firstbank Corp – AGREEMENT (August 15th, 2013)

This agreement, dated August 14, 2013, and effective on the same date, is between Firstbank Corporation (“Firstbank”) and Samuel G. Stone (“Executive”).

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE (April 23rd, 2013)

Non-accrual loans down 18% in the quarter and down 41% from year-ago with performing adjusted loans (TDRs) flat with prior quarter; other real estate owned 12% less than year-ago

Firstbank Corp – NEWS RELEASE (February 26th, 2013)

Alma, MI (FBMI) – Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation, announced today that a $0.06 per share cash dividend will be paid March 28, 2013, to common stock shareholders of record as of March 12, 2013. As previously announced, the Board is returning to its former practice of establishing a regular quarterly cash dividend that reflects the expected annual earnings of the company without a once per year special dividend. The intent is for the next quarterly cash dividend on common stock to be declared in May for payment in June, with specific dates and amounts determined at the time of declaration.

Firstbank Corp – FOR IMMEDIATE RELEASE Date Submitted: December 11, 2012 NASDAQ Symbol: FBMI NEWS RELEASE Contact: Samuel G. Stone Executive Vice President and Chief Financial Officer (989) 466-7325 (December 11th, 2012)

Alma, MI (FBMI) – Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation, announced today that a $0.20 per share special cash dividend will be paid December 31, 2012, to common stock shareholders of record as of December 20, 2012. The $0.20 per share cash dividend will be the 5th dividend payment in 2012 and represents an additional amount based on expected earnings for the entire year of 2012. As stated previously, we maintained a quarterly dividend rate for 2012 of $0.01 per share per quarter, with an additional amount to be considered following the completion of the year. However, the Board is declaring the additional amount before the completion of 2012, based on expected earnings, because of uncertainty over potential changes in tax rates.

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: October 23, 2012 Contact: Samuel G. Stone NASDAQ Symbol: FBMI Executive Vice President and Chief Financial Officer (989) 466-7325 (October 23rd, 2012)

Alma, Michigan (FBMI) ---- Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation, announced net income of $2,715,000 for the third quarter of 2012, increasing 67% from $1,630,000 for the third quarter of 2011, with net income available to common shareholders of $2,495,000 in the third quarter of 2012 increasing 106% from $1,210,000 in the third quarter of 2011. Earnings per share were $0.31 in the third quarter of 2012 compared to $0.15 in the third quarter of 2011. Earnings per share in the third quarter of 2012 were the highest level since the third quarter of 2007. Returns on average assets and average equity for the third quarter of 2012 were 0.72% and 7.4%, respectively, compared to 0.41% and 4.1% respectively in the third quarter of 2011.

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: July 25, 2012 Contact: Samuel G. Stone NASDAQ Symbol: FBMI Executive Vice President and Chief Financial Officer (989) 466-7325 (July 25th, 2012)

Alma, Michigan (FBMI) ---- Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation, announced net income of $2,404,000 for the second quarter of 2012, increasing from $628,000 for the second quarter of 2011, with net income available to common shareholders of $1,984,000 in the second quarter of 2012 increasing from $208,000 in the second quarter of 2011. Earnings per share were $0.25 in the second quarter of 2012 compared to $0.03 in the second quarter of 2011. Returns on average assets and average equity for the second quarter of 2012 were 0.65% and 6.3%, respectively, compared to 0.18% and 1.8% respectively in the second quarter of 2011.

Firstbank Corp – NEWS RELEASE FOR IMMEDIATE RELEASE Contact: Samuel G. Stone Date Submitted: July 25, 2012 Executive Vice President and NASDAQ Symbol:FBMI Chief Financial Officer (989) 466-7325 (July 25th, 2012)

Alma, MI (FBMI) – Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation, announced today that a $0.01 per share cash dividend will be paid September 13, 2012, to common stock shareholders of record as of August 24, 2012. The $0.01 per share cash dividend is unchanged from the amount paid in the prior quarter.

Firstbank Corp – NEWS RELEASE FOR IMMEDIATE RELEASE Contact: Samuel G. Stone Date Submitted: January 25, 2012 Executive Vice President and NASDAQ Symbol: FBMI Chief Financial Officer (989) 466-7325 (January 25th, 2012)

Alma, MI (FBMI) – Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation, announced today that a $0.06 per share cash dividend will be paid March 15, 2012, to common stock shareholders of record as of February 24, 2012. The $0.06 per share cash dividend is comprised of a $0.01 per share quarterly amount, which is unchanged from the amount paid in the prior quarter, plus an additional $0.05 per share, which represents an additional amount based on earnings for the entire year of 2011. Including the $0.05 additional amount with amounts previously paid in 2011 brings the total common dividend payout ratio for 2011 to 18% of net income available to common shareholders. We intend to maintain a dividend rate for the remaining quarters of 2012 of $0.01 per share per quarter, with an additional amount to be considered following the completion of the year.

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: January 25, 2012 Contact: Samuel G. Stone NASDAQ Symbol: FBMI Executive Vice President and Chief Financial Officer (989) 466-7325 (January 25th, 2012)

· For the fourth quarter of 2011, earnings per share were $0.22, up from $0.15 in the third quarter of 2011 and up from $0.05 in the fourth quarter of 2010, as net income and net income available to common shareholders also increased

Firstbank Corp – NEWS RELEASE FOR IMMEDIATE RELEASE Contact: Samuel G. Stone Date Submitted: October 25, 2011 Executive Vice President and NASDAQ Symbol: FBMI Chief Financial Officer (989) 466-7325 (October 25th, 2011)

Alma, MI (FBMI) – Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation, announced today that a $0.01 per share cash dividend will be paid December 15, 2011, to common stock shareholders of record as of November 25, 2011. The $0.01 per share cash dividend is unchanged from the amount paid in the prior quarter.

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: October 25, 2011 Contact: Samuel G. Stone NASDAQ Symbol: FBMI Executive Vice President and Chief Financial Officer (989) 466-7325 (October 25th, 2011)

For the third quarter of 2011, earnings per share were $0.15, up from $0.03 in the second quarter of 2011 and up from $0.12 in the third quarter of 2010, as net income and net income available to common shareholders also increased

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: July 26, 2011 Contact: Samuel G. Stone NASDAQ Symbol: FBMI Executive Vice President and Chief Financial Officer (989) 466-7325 (July 26th, 2011)

Alma, Michigan (FBMI) ---- Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation, announced net income of $628,000 for the second quarter of 2011, compared to $937,000 for the second quarter of 2010, with net income available to common shareholders of $208,000 in the second quarter of 2011 compared to $517,000 in the second quarter of 2010. Earnings per share were $0.03 in the second quarter of 2011 compared to $0.07 in the second quarter of 2010. Returns on average assets and average equity for the second quarter of 2011 were 0.18% and 1.8%, respectively, compared to 0.26% and 2.7% respectively in the second quarter of 2010.

Firstbank Corp – NEWS RELEASE FOR IMMEDIATE RELEASE Contact: Samuel G. Stone Date Submitted: July 26, 2011 Executive Vice President and NASDAQ Symbol: FBMI Chief Financial Officer (989) 466-7325 (July 26th, 2011)

Alma, MI (FBMI) – Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation, announced today that a $0.01 per share cash dividend will be paid September 15, 2011, to common stock shareholders of record as of August 26, 2011. The $0.01 per share cash dividend is unchanged from the amount paid in the prior quarter.

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: January 25, 2011 Contact: Samuel G. Stone NASDAQ Symbol: FBMI Executive Vice President and Chief Financial Officer (989) 466-7325 (January 25th, 2011)

Net income available to common shareholders of $431,000 in the fourth quarter of 2010 increased $945,000 compared to a negative $514,000 in the fourth quarter of 2009, as net income increased to $843,000 from a loss of $101,000

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: January 25, 2011 Contact: Samuel G. Stone NASDAQ Symbol: FBMI Executive Vice President and Chief Financial Officer (989) 466-7325 (January 25th, 2011)

Alma, MI (FBMI) – Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation, announced today that a $0.01 per share cash dividend will be paid March 17, 2011, to common stock shareholders of record as of February 25, 2011. The $0.01 per share cash dividend is unchanged from the amount paid in the prior quarter.

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: October 27, 2010 Contact: Samuel G. Stone NASDAQ Symbol: FBMI Executive Vice President and Chief Financial Officer (989) 466-7325 (October 27th, 2010)
Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE (April 1st, 2010)

Daniel H. Grenier, President and Chief Executive Officer of Firstbank – West Branch, one of Firstbank Corporation’s (FBMI) six community banks, announced the sale of the armored car business run by its subsidiary 1st Armored, Inc. In conjunction with an asset purchase agreement, Loomis Armored US, LLC, purchased the assets, hired employees, and assumed customer contracts of 1st Armored.

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: October 27, 2009 NASDAQ Symbol: FBMI Contact: Samuel G. Stone Executive Vice President and Chief Financial Officer (989) 466-7325 (October 27th, 2009)

Date Submitted:   October 27, 2009 NASDAQ Symbol:   FBMI Contact:   Samuel G. Stone Executive Vice President and Chief Financial Officer (989) 466-7325

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: July 30, 2009 NASDAQ Symbol: FBMI Contact: Samuel G. Stone Executive Vice President and Chief Financial Officer (989) 466-7325 (July 30th, 2009)

Alma, MI (FBMI) – Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation, announced today that a $0.10 per share quarterly cash dividend will be paid September 17, 2009, to common stock shareholders of record as of August 28, 2009.

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: July 28, 2009 NASDAQ Symbol: FBMI Contact: Samuel G. Stone Executive Vice President and Chief Financial Officer (989) 466-7325 (July 28th, 2009)

Alma, Michigan (FBMI) — Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation, announced earnings per share of $0.12 for the first half of 2009 compared to $0.33 in the first half of 2008. Net income was $1,575,000 for the six months ended June 30, 2009, compared to $2,442,000 for the first half of 2008. Returns on average assets and average equity for the first half of 2009 were 0.24% and 2.5%, respectively. All per share amounts are fully diluted.

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: April 28, 2009 NASDAQ Symbol: FBMI Contact: Samuel G. Stone Executive Vice President and Chief Financial Officer (989) 466-7325 (April 28th, 2009)

Alma, MI (FBMI) – Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation, announced today that a $0.10 per share quarterly cash dividend will be paid June 11, 2009, to shareholders of record as of May 22, 2009.

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: April 23, 2009 NASDAQ Symbol: FBMI Contact: Samuel G. Stone Executive Vice President and Chief Financial Officer (989) 466-7325 (April 23rd, 2009)

Alma, Michigan (FBMI) — Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation, announced earnings per share of $0.16 for the first quarter of 2009 compared to $0.29 in the first quarter of 2008. Net income was $1,513,000 for the quarter ended March 31, 2009, compared to $2,150,000 for the quarter ended March 31, 2008. Returns on average assets and average equity for the first quarter of 2009 were 0.46% and 4.8%, respectively. All per share amounts are fully diluted.

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: February 24, 2009 NASDAQ Symbol: FBMI Contact: Samuel G. Stone Executive Vice President and Chief Financial Officer (989) 466-7325 (February 24th, 2009)

Date Submitted:              February 24, 2009 NASDAQ Symbol:         FBMI Contact:    Samuel G. Stone                    Executive Vice President and                    Chief Financial Officer                    (989) 466-7325

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: February 13, 2009 NASDAQ Symbol: FBMI Contact: Samuel G. Stone Executive Vice President and Chief Financial Officer (989) 466-7325 (February 17th, 2009)

Date Submitted:              February 13, 2009 NASDAQ Symbol:         FBMI Contact:    Samuel G. Stone                    Executive Vice President and                    Chief Financial Officer                    (989) 466-7325

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: January 30, 2009 NASDAQ Symbol: FBMI Contact: Samuel G. Stone Executive Vice President and Chief Financial Officer (989) 466-7325 (January 30th, 2009)

Date Submitted:          January 30, 2009 NASDAQ Symbol:     FBMI Contact:   Samuel G. Stone                   Executive Vice President and                   Chief Financial Officer                   (989) 466-7325

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: January 20, 2009 NASDAQ Symbol: FBMI Contact: Samuel G. Stone Executive Vice President and Chief Financial Officer (989) 466-7325 (January 21st, 2009)

Date Submitted:          January 20, 2009 NASDAQ Symbol:     FBMI Contact:   Samuel G. Stone                   Executive Vice President and                   Chief Financial Officer                   (989) 466-7325

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: October 29, 2008 NASDAQ Symbol: FBMI Contact: Samuel G. Stone Executive Vice President and Chief Financial Officer (989) 466-7325 (October 29th, 2008)

Date Submitted:          October 29, 2008 NASDAQ Symbol:     FBMI Contact:   Samuel G. Stone                   Executive Vice President and                   Chief Financial Officer                   (989) 466-7325

Firstbank Corp – FOR IMMEDIATE RELEASE NEWS RELEASE Date Submitted: July 24, 2008 NASDAQ Symbol: FBMI Contact: Samuel G. Stone Executive Vice President and Chief Financial Officer (989) 466-7325 (July 24th, 2008)

• Second quarter net income of $292,000 and earnings per share of $0.04 remain positive in spite of previously announced increased provision expense

Firstbank Corp – FOR IMMEDIATE RELEASE Date Submitted: October 25, 2007 NASDAQ Symbol: FBMI NEWS RELEASE Contact: Samuel G. Stone Executive Vice President and Chief Financial Officer 989-466-7325 (October 25th, 2007)

FOR IMMEDIATE RELEASE Date Submitted:       October 25, 2007NASDAQ Symbol:  FBMI NEWS RELEASE Contact: Samuel G. Stone Executive Vice President andChief Financial Officer989-466-7325

Firstbank Corp – FOR IMMEDIATE RELEASE Date Submitted: October 23, 2007 NASDAQ Symbol: FBMI NEWS RELEASE Contact: Samuel G. Stone Executive Vice President and Chief Financial Officer (989) 466-7325 (October 23rd, 2007)

FOR IMMEDIATE RELEASEDate Submitted:         October 23, 2007NASDAQ Symbol:    FBMI NEWS RELEASEContact: Samuel G. Stone Executive Vice President and Chief Financial Officer (989) 466-7325

Firstbank Corp – FOR IMMEDIATE RELEASE Date Submitted: July 24, 2007 NASDAQ: FBMI NEWS RELEASE Contact: Samuel G. Stone Executive Vice President and Chief Financial Officer 989-466-7325 (July 26th, 2007)

FOR IMMEDIATE RELEASE Date Submitted: July 24, 2007NASDAQ: FBMI NEWS RELEASE Contact: Samuel G. Stone Executive Vice President andChief Financial Officer989-466-7325