Last updated: 8 February 2024 at 12:15pm EST

Patrick Ervin Net Worth




The estimated Net Worth of Patrick J Ervin is at least $1.67 Million dollars as of 26 January 2024. Mr. Ervin owns over 2,690 units of Independent Bank (Ionia, MI) stock worth over $1,167,134 and over the last 7 years he sold IBCP stock worth over $0. In addition, he makes $502,382 as Executive Vice President - Mortgage Banking at Independent Bank (Ionia, MI).

Mr. Ervin IBCP stock SEC Form 4 insiders trading

Patrick has made over 10 trades of the Independent Bank (Ionia, MI) stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 2,690 units of IBCP stock worth $87,909 on 26 January 2024.

The largest trade he's ever made was exercising 10,318 units of Independent Bank (Ionia, MI) stock on 29 August 2020 worth over $337,192. On average, Patrick trades about 1,744 units every 106 days since 2018. As of 26 January 2024 he still owns at least 35,714 units of Independent Bank (Ionia, MI) stock.

You can see the complete history of Mr. Ervin stock trades at the bottom of the page.





Patrick Ervin biography

Patrick J. Ervin is a Executive Vice President, Mortgage Banking of the Independent Bank Corporation. Mr. Ervin joined Independent Bank in August 2016, as Senior Vice President – Mortgage Banking. He was promoted to Executive Vice President – Mortgage Banking in November 2017. Prior to joining Independent Bank, Mr. Ervin served as Executive Managing Director Mortgage Banking and Servicing at Talmer Bank and Trust, a position he held since 2009.

What is the salary of Patrick Ervin?

As the Executive Vice President - Mortgage Banking of Independent Bank (Ionia, MI), the total compensation of Patrick Ervin at Independent Bank (Ionia, MI) is $502,382. There are 5 executives at Independent Bank (Ionia, MI) getting paid more, with William Kessel having the highest compensation of $1,101,000.



How old is Patrick Ervin?

Patrick Ervin is 54, he's been the Executive Vice President - Mortgage Banking of Independent Bank (Ionia, MI) since 2017. There are 19 older and 4 younger executives at Independent Bank (Ionia, MI). The oldest executive at Independent Bank Corporation (Ionia, MI) is Laurinda M. Neve, 69, who is the Sr. VP of HR.

What's Patrick Ervin's mailing address?

Patrick's mailing address filed with the SEC is 4200 E BELTLINE, , GRAND RAPIDS, MI, 49525.

Insiders trading at Independent Bank (Ionia, MI)

Over the last 22 years, insiders at Independent Bank (Ionia, MI) have traded over $10,728,475 worth of Independent Bank (Ionia, MI) stock and bought 168,264 units worth $1,829,469 . The most active insiders traders include Stephen L Jr Gulis, Loan Charles C Van, and Matthew J Missad. On average, Independent Bank (Ionia, MI) executives and independent directors trade stock every 27 days with the average trade being worth of $137,583. The most recent stock trade was executed by Stefanie M Kimball on 3 September 2024, trading 1,000 units of IBCP stock currently worth $34,220.



What does Independent Bank (Ionia, MI) do?

independent bank is a michigan-based bank that's been operated locally for more than 150 years. in 1864 we were founded as first national bank of ionia; we now have locations across the lower peninsula and we’re the fifth largest bank headquartered in michigan. but in one way we’ve never changed – people are always our first priority. we’re committed to providing exceptional service and value to our customers, our stockholders, and our communities. after 150 years of local banking, we understand the needs of individuals, families, and businesses around the state – and we’re committed to addressing them. we support local causes and our employees serve their communities’ human services agencies, arts and cultural organizations, school systems, places of worship, and more. we’re your friends and neighbors, locally invested the same way you are. we’re a full-service bank that provides a wide range of competitive banking products, services, and technology. visit us at independentbank.com fo



What does Independent Bank (Ionia, MI)'s logo look like?

Independent Bank Corporation (Ionia, MI) logo

Complete history of Mr. Ervin stock trades at Independent Bank (Ionia, MI)

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
26 Jan 2024 Patrick J Ervin
Executive Vice President
Option 2,690 $25.84 $69,510
26 Jan 2024
35,714
21 Jan 2023 Patrick J Ervin
Executive Vice President
Option 2,199 $23.33 $51,303
21 Jan 2023
32,675
22 Jan 2022 Patrick J Ervin
Executive Vice President
Option 1,724 $24.46 $42,169
22 Jan 2022
29,213
29 Aug 2021 Patrick J Ervin
Executive Vice President
Option 8,688 $21.21 $184,272
29 Aug 2021
31,277
23 Jan 2021 Patrick J Ervin
Executive Vice President
Option 2,024 $20.13 $40,743
23 Jan 2021
19,419
29 Aug 2020 Patrick J Ervin
Executive Vice President
Option 10,318 $14.88 $153,532
29 Aug 2020
22,289
10 Mar 2020 Patrick J Ervin
Executive Vice President
Buy 1,500 $16.14 $24,210
10 Mar 2020
11,971
24 Jan 2020 Patrick J Ervin
Executive Vice President
Option 255 $22.09 $5,633
24 Jan 2020
10,944
5 Sep 2019 Patrick J Ervin
Executive Vice President
Buy 1,000 $19.56 $19,560
5 Sep 2019
8,860
29 Oct 2018 Patrick J Ervin
Executive Vice President
Buy 1,000 $21.90 $21,900
29 Oct 2018
6,147


Independent Bank (Ionia, MI) executives and stock owners

Independent Bank (Ionia, MI) executives and other stock owners filed with the SEC include: