September 30, 2016 5:38 AM ET

Banks

Company Overview of Commerce Union Bancshares, Inc.

Company Overview

Commerce Union Bancshares, Inc. operates as the bank holding company for Commerce Union Bank that provides a range of commercial banking services for businesses and individuals in the Middle Tennessee region and the Nashville-Davidson-Murfreesboro-Franklin Metropolitan Statistical Area. Its deposit products include checking, savings, and money market deposit accounts; certificates of deposit; non-interest-bearing deposit accounts; interest bearing demand deposits; and direct deposits. The company’s loan portfolio comprises residential mortgage loans and mortgage refinancing; commercial, industrial, and agricultural loans; residential and commercial real estate loans; construction, land devel...

1736 Carothers Parkway

Suite 100

Brentwood, TN 37027

United States

Founded in 2006

226 Employees

Phone:

615-221-2020

Key Executives for Commerce Union Bancshares, Inc.

Chairman of the Board, Chief Executive Officer, Chairman of Reliant Bank and Director of Reliant Bank
Age: 69
Total Annual Compensation: $306.2K
President, Director, Chief Executive Officer of Reliant Bank, President of Reliant Bank and Director of Reliant Bank
Age: 61
Total Annual Compensation: $320.0K
Chief Financial Officer, Executive Vice President, Chief Financial Officer of Reliant Bank and Executive Vice President of Reliant Bank
Age: 55
Total Annual Compensation: $222.0K
Chief Retail Officer, Executive Vice President and Sumner County Market President of Reliant Bank
Age: 59
Total Annual Compensation: $201.1K
Chief Lending Officer, Executive Vice President, Chief Lending Officer of Reliant Bank and Executive Vice President of Reliant Bank
Age: 60
Total Annual Compensation: $184.4K
Compensation as of Fiscal Year 2015.

Commerce Union Bancshares, Inc. Key Developments

Commerce Union Bancshares, Inc.(NasdaqCM:CUBN) added to S&P TMI Index

Commerce Union Bancshares, Inc.(NasdaqCM:CUBN) added to S&P TMI Index

Commerce Union Bancshares, Inc. Presents at Raymond James U.S. Bank Conference, Sep-07-2016

Commerce Union Bancshares, Inc. Presents at Raymond James U.S. Bank Conference, Sep-07-2016 . Venue: J.W. Marriott Chicago, Chicago, Illinois, United States. Speakers: James Daniel Dellinger, Chief Financial Officer, Executive Vice President, Chief Financial Officer of Reliant Bank and Executive Vice President of Reliant Bank, William Ronald DeBerry, Chairman of the Board, Chief Executive Officer, Chairman of Reliant Bank and Director of Reliant Bank.

Commerce Union Bancshares, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Commerce Union Bancshares, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported total interest income was $9,497,000 against $8,038,000 a year ago. Net interest income was $8,692,000 against $7,392,000 a year ago. Income before provision for income taxes was $2,725,000 against $2,472,000 a year ago. Net income attributable to common shareholders was $2,360,000 or $0.31 per diluted share against $1,602,000 or $0.22 per diluted share a year ago. Total interest income increase benefited from growth in earnings assets, including loans and securities available for sale, and higher net interest margin compared with prior quarters. For the six months, the company reported total interest income was $18,411,000 against $12,511,000 a year ago. Net interest income was $16,774,000 against $11,461,000 a year ago. Income before provision for income taxes was $5,851,000 against $3,197,000 a year ago. Net income attributable to common shareholders was $4,597,000 or $0.60 per diluted share against $2,214,000 or $0.39 per diluted share a year ago. Book value per common share was $13.90 compared to $12.99 a year ago. Return on average assets was 1.07% compared to 0.81% a year ago. Return on average stockholders' equity was 9.14% compared to 7.02% a year ago. Tangible book value per share grew to $12.17 at June 30, 2016.

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