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Real Estate Vice President

Location:
Naperville, IL, 60564
Posted:
March 19, 2010

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Resume:

Michael A. Sykes

Naperville, Illinois

• Phone: 630-***-**** or 630-***-**** • Email: kgphyd@r.postjobfree.com

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President and CEO/Director Wheatland Bank Naperville, Illinois 01/06-06/09

Organized and managed a de novo bank, specializing in community based commercial banking. Accomplishments included: creating the Bank’s business plan and policies, analyzing and establishing the Bank’s position within the marketplace, selecting the site, overseeing the build-out of the bank, equipment and vendor procurement, assembling the management team/staff and board of directors, obtaining regulatory approval, and raising capital.

• Raised over $21,000,000 in initial capital (the most for an independent de novo bank in the State of Illinois)

• Recognized as the second fastest growing Bank in the United States in 2007, and 2008, as the

Bank grew to $480,000,000 in assets

• Increased Book Value of Stock from $8.78 to $11.13 by 12/31/2008

• Obtained a deposit market share of 35% by 07/08

• Maintained Efficiency Ratios and Delinquency ratios which were far less than peer group averages

Executive VP/Managing Director First DuPage Bank Westmont, Illinois 01/04-01/06

Enhanced the growth and management of an existing community bank.

Accomplishments included: growing and managing the Bank's commercial real estate and commercial loan portfolios, developing improved lending procedures, training and managing the commercial lending staff, and assisting in the overall management of the Bank from the Executive and Director levels.

• Increased loan fee income from $250,000 annually to over $1,000,000 annually

• Increased net interest margins by over 30 basis points

• Increased loan portfolio from $150,000,000 to $280,000,0000

• Improved delinquency ratios and operating costs

• Increased the market value of the organization's common stock from $13.75 to $20.00 per share

Executive VP/Senior Lending Officer CoVest Banc Des Plaines, Illinois 08/97-01/04

Engineered the “turn-around” of a sixty year old Savings and Loan through participating in the Executive Management of the Bank, and the oversight of the commercial loan portfolio. Accomplishments included: increasing the value of the organization through a series of strategic initiatives, thereby transforming the organization from a traditional mutual savings and loan to a publicly traded commercial banking institution.

• Developed a commercial loan portfolio of approximately $600,000,000 (from $0)

• Increased net income, ROA, etc. resulting in an increase to the value of the bank's common stock from $12.25 to $27.45 per share

• Averaged over $1,000,000 in loan fee income from 2000-2003

• Managed a lending staff of 25 employees (including Residential Mortgage Division)

• Maintained nearly $0 Delinquency Ratios and Charge-offs throughout tenure

• Positioned Bank for an all cash sale to First Midwest Bank (closed 12/31/03 @ $27.45 per share)

Vice President/Manager Banco Popular Chicago, Illinois 08/96-08/97

Managed the commercial real estate department and grew the loan portfolio, while assisting in the overall senior management of the Bank. Accomplishments included: hiring of new staff, work-out of a number of distressed credits (originated prior to my employment), and the growth of the commercial real estate loan portfolio.

• Increased commercial real estate loan portfolio by over $60,000,000

• Generated a 200% increase in fee income

• Hired and managed staff of 6 employees

• Managed work-out of several distressed loans resulting in full recovery for the Bank (zero charge-offs)

Vice President LaSalle Bank Chicago, Illinois 05/93-08/96

Originated and managed a $200,000,000 commercial real estate loan portfolio. Accomplishments included: being recognized as the top producer among peers, while maintaining high credit quality.

• Completed ABN/Amro Credit Training Program

• Increased portfolio by approximately $50,000,000 per year

• Generated nearly $400,000 per year in fee income

• Experienced no significant delinquencies, and zero charge-offs.

Vice President/Assistant Manager Colonial Bank Chicago, Illinois 09/87-05/93

Advanced via promotion from loan officer to assistant vice president, to vice president. Accomplishments included: developing new portfolio of commercial and construction loans, while assisting in the day to day management of the commercial real estate department.

• Completed First Colonial Bancshares Management Training Program

• Increased portfolio by approximately $30,000,000 per year

• Assisted in forming and managing the Bank’s commercial and residential real estate loan departments

• Assisted in the Bank’s Trust Department

Infantry Soldier Illinois Army National Guard 02/86-08/90

Served as an enlisted man in the United States Army - Infantry Division

Student Augustana College Rock Island, Illinois 09/81-02/86

• Bachelor's Degree of Liberal Arts

• GPA of 2.95 Majors in Political Science and Public Administration

• Member of the Wrestling Team and Pi Upsilon Gamma Fraternity

References will be furnished upon request



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