Risk Management Manual of Examination Policies - FDIC

IV. GENERAL CHARACTER OF THE MANAGEMENT (Continued)
NAME AND ADDRESS
AGE RELATIONSHIP WITH BANK
Miller, Dennis
5678 Muirfield Village Circle
Anytown, Anystate
55
LIABILITIES
Director
NET WORTH
Officer
SHARES OF
STOCK
10% Shareholder
ANNUAL
SALARY
149,012 293,000 57,850 0
TITLE
Proposed Director (nonexecutive)
OTHER BUSINESS AFFILIATIONS OR PROFESSIONS
Retired Special Agent, Federal Bureau of Investigation (FBI).
Summary and Findings
Mr. Miller was born in Dearborn, Michigan and has resided in Anystate since 1980. He received his Bachelors degree in Biological
Sciences from Michigan Technological University, Houghton, Michigan.
Mr. Miller recently retired from the FBI in Anytown, Anystate. He has extensive experience with investigations involving whitecollar
crimes including, crimes against financial institutions. Particularly noteworthy is his experience regarding bank fraud,
embezzlement, and Internet related financial crimes.
Interview Comments
Mr. Miller became associated with the proposal through Casey Grant’s (Joe Hamm’s predecessor who resigned during 1H2001)
father, who resides in the same residential development. Mr. Miller stated that he has many years of experience investigating and
prosecuting white-collar crimes in Anystate, particularly, money laundering, as well as, bank, mail and wire fraud. He is reportedly
very knowledgeable of Internet related crimes. With regard to strengths he could bring to the Applicant, Mr. Miller stated he would
add depth and experience to the audit committee. As a proposed director of the previous Application, Mr. Miller stated he is more
comfortable with the supermarket branch network given it has had a proven record at Anybank.
Financial Information and Stock Ownership
As of September 2001, Mr. Miller’s net worth was primarily centered in a deferred savings plan. As of the reporting period, the
balance of this other asset (Federal Thrift Savings Plan) was $218M. Other material assets included his residence, with a value of
$200M. Liabilities primarily consisted of a mortgage payable on his residence of $130M. Mr. Miller’s investment in the proposal of
about $5,500 was made with his personal savings.
FDIC 6510/10 (02-2002) 29