The estimated Net Worth of Dennis L Brack is at least $3.57 Milion dollars as of 13 June 2023. Mr. Brack owns over 500 units of Federal Agricultural Mortgage stock worth over $1,448,841 and over the last 21 years he sold AGM stock worth over $1,999,602. In addition, he makes $122,016 as Independent Director at Federal Agricultural Mortgage.
Dennis has made over 24 trades of the Federal Agricultural Mortgage stock since 2007, according to the Form 4 filled with the SEC. Most recently he sold 500 units of AGM stock worth $75,450 on 13 June 2023.
The largest trade he's ever made was exercising 5,000 units of Federal Agricultural Mortgage stock on 31 May 2007 worth over $145,500. On average, Dennis trades about 494 units every 58 days since 2003. As of 13 June 2023 he still owns at least 7,948 units of Federal Agricultural Mortgage stock.
You can see the complete history of Mr. Brack stock trades at the bottom of the page.
Dennis L. Brack is an Independent Director of Federal Agricultural Mortgage Corp, since June 7, 2001. He has been a member of Farmer Mac's Board since June 7, 2001 and serves as chairman of the Strategy and Business Development Committee and as a member of the Audit Committee, the Corporate Governance Committee, and the Enterprise Risk Committee. Mr. Brack served as President and Chief Executive Officer of Bath State Bank in Bath, Indiana from 1988 to 2007. He has remained as a director of Bath State Bank and is currently a director of the board of Bath State Bancorp, the holding company for the bank. He served as a member of the board of directors of Franklin County Community Foundation in Brookville, Indiana from 2007 until his retirement from the board in 2016 and served as a member of its Investment Committee from 1999 to 2009. Mr. Brack has recently worked on the steering committees for Comprehensive Plan Development in both Franklin and Union Counties, Indiana. He was also a director of the Indiana Bankers Association from 1994 to 1996 and previously served a three-year term on the Purdue University Dean's Advisory Council for the College of Agriculture. Mr. Brack received his Bachelor of Science in Accounting from Miami University of Ohio.
As the Independent Director of Federal Agricultural Mortgage, the total compensation of Dennis Brack at Federal Agricultural Mortgage is $122,016. There are 11 executives at Federal Agricultural Mortgage getting paid more, with Bradford Nordholm having the highest compensation of $2,700,340.
Dennis Brack is 67, he's been the Independent Director of Federal Agricultural Mortgage since 2001. There are 5 older and 17 younger executives at Federal Agricultural Mortgage. The oldest executive at Federal Agricultural Mortgage Corp. is Mitchell Johnson, 78, who is the Independent Director.
Dennis's mailing address filed with the SEC is C/O FARMER MAC, 1999 K STREET NW, 4TH FLOOR, WASHINGTON, DC, 20006.
Over the last 21 years, insiders at Federal Agricultural Mortgage have traded over $240,332,163,080 worth of Federal Agricultural Mortgage stock and bought 31,810 units worth $2,211,260 . The most active insiders traders include Bancorporation, National As..., Tom D Stenson a Henry D Edelman. On average, Federal Agricultural Mortgage executives and independent directors trade stock every 17 days with the average trade being worth of $1,187,802. The most recent stock trade was executed by Stephen P Mullery on 9 September 2024, trading 5,610 units of AGM stock currently worth $181,708.
the federal agricultural mortgage corporation, commonly known as farmer mac, is a stockholder-owned, government sponsored enterprise or "gse" created by congress to improve the availability of long-term credit for america's farmers, ranchers, rural homeowners, businesses and communities. farmer mac accomplishes this public policy mission by providing a secondary market for qualified agricultural mortgage loans, rural housing mortgage loans, rural utilities loans (to cooperative borrowers made by cooperative lenders) and the guaranteed portions of agricultural and rural development loans guaranteed by the u.s. department of agriculture. the farmer mac secondary market provides liquidity and lending capacity to lenders by: - purchasing newly originated and existing eligible loans directly from lenders; - exchanging loan-backed securities guaranteed by farmer mac ("farmer mac guaranteed securities") for eligible loans that back those securities in "swap" transactions; - issuing long-
Federal Agricultural Mortgage executives and other stock owners filed with the SEC include: