Clarence Scott

Email: abpaql@r.postjobfree.com

Address: *** **** ******

City: Lexington

State: SC

Zip: 29072

Country: USA

Phone: 803-***-****

Skill Level: Director

Salary Range: $90,000

Willing to Relocate

Primary Skills/Experience:

See Resume

Educational Background:

See Resume

Job History / Details:

CLARENCE P. Butch SCOTT, JR., CLBB

CHIEF CREDIT OFFICER/ SPECIAL ASSETS MANAGER/COMMERCIAL LENDER

Seasoned banking professional with proven credit and commercial lending expertise. Comprehensive knowledge of state and federal banking laws and practices. Strong business development and instructor skills.

AREAS OF EXPERTISE:

1. Problem Loan Management

2. Credit Risk Analysis

3. New Business Development

4. Commercial Loan Underwriting

5. Real Estate and Impairment Valuation

6. Regulatory Compliance

7. Loan Workout Negotiations

8. Team Building

9. Adaptability

Bachelor of Science. Business Administration: Marketing & Management University of South Carolina

Graduate School of Banking of the South Louisiana State University

ABA Graduate Commercial Lending School Southern Methodist University

CAREER PROGRESSION

COMMUNITY FIRST BANK l Seneca, SC l November 2011-April 2012

Senior Vice President/Special Asset Manager

Charged with approximately $14mm in OREO properties not managed in over 18 months

Establish procedures for Managing Special Assets and avoiding future OREO ($1mm in OREO sold 1Q2012, OREO grew to >$17mm)

Hiring staff to deal with NPAs and future Consent Order compliance

BANKMERIDIAN, NA. Columbia, SC June 2007 " July 2011

Chief Credit Officer & Special Assets Director, Senior Vice President

Charged with initiating sale of non-performing assets and strengthening bank credit culture. Adapted to changes in Regulatory Environment

Established strong working relationship with OCC oversight staff to facilitate relief from consent order

Coordinated Board of Director efforts to market assets to potential investors

Bank failed 7/29/2011 and no former staff retained

Special Assets Manager, Senior Vice President

Managed portfolio that exceeded $66 million of problem loans and $10 million of bank-owned real estate

Negotiated with borrowers and attorneys to minimize negative impact to bank

Centralized management, processes, and accountability for regional branches

Projected timing and aggregate capital impact for the resolution of non-performing assets

Conceptualized asset resolution strategy and selection of legal representation/counsel/attorneys

Credit Administrator and Commercial Lending Officer, Senior Vice President

Responsible for credit approval, external loan review and quality credit production

Orchestrated Loan Review Committee to manage portfolio credit quality and collateral exceptions

Reported to Director Loan Committee monthly

Developed a $10 million portfolio within a six month period

CONGAREE STATE BANK West Columbia, SC August 2006 " April 2007

Chief Credit Officer, Senior Vice President

Responsible for the design and implementation of lending policies and procedures and talent recruitment

Grew lending portfolio to $20 million in booked commitments and $37 million in total assets in 6 months

Created two-tiered loan grading system to assist with ALLL funding needs calculations

BUSINESS DEVELOPMENT CORPORATION Columbia, SC June 2000 " July 2006

Business Development Officer, Vice President

Developed, promoted, and coordinated South Carolina Banks participation in SBA loan programs

Developed and implemented new techniques to increase membership and financial support of SBA

Monitored compliance to economic development goals (job creation/preservation, tax base expansion, etc)

Originated, underwrote, and presented eligible 7(a) and 504 loan opportunities to Board of Directors

Generated 119% growth of 7(a) loans and 126% growth of 504 loans

Had opportunity to return to Banking Industry and start-up bank

BLAIR HAUS, INC. Lexington, SC May 1995 " May 2000

Chief Financial Officer (Co-Owner)

Responsible for financial, licensing, and regulatory management of a 24 unit assisted living facility

Developed regulatory program for resident population and families

Administered and supervised office staff

Business was sold

BB&T (LEXINGTON STATE BANK) Columbia, SC September 1987 " April 1995

Senior Commercial Loan Officer

Monitored and supported sales of commercial lending officers in Lexington, Richland, and McCormick Counties

Sourced and originated commercial loan transactions for new and existing bank customers

Implemented and reviewed effectiveness of commercial loan policies and practices

Serviced commercial loan portfolio of approximately $35 million

Loan Review Officer, Vice President

Established and implemented a credit quality review and documentation tracking system for loan products

Trained and supervised lending staff for underwriting and documentation

REPUBLIC NATIONAL BANK Columbia, SC February 1985 " August 1987

Senior Credit Officer, Vice-President

Responsible for Credit Department procedures, request presentation to Board, and credit quality monitoring

Trained lending staff in credit underwriting, documentation and compliance with regulatory policies

Drafted lending/credit policies for Board implementation

Fulfilled Bank Security and Compliance Officer responsibilities

EARLY CAREER

Internal Auditor, Assistant Vice President " First Citizens Bank " 1982-1985

Analyzed credit quality of statewide portfolio and reported to Senior Management and the Audit Committee

Internal Auditor " Citizens & Southern National Bank " 1979-1982

Reviewed bank practices for compliance for various departments and assisted with external audit preparation

MEMBERSHIPS AND ASSOCIATIONS

THE INSTITUTE OF CERTIFIED BANKER (ABA), Member

CERTIFIED LENDER BUSINESS BANKER (CLBB), Member

Highest Grade Award among all candidates who sat for the CLBB Examination in 2006

AMERICAN INSTITUTE OF BANKERS (AIB), Instructor 1986-1996

Classes: Analyzing Financial Statements, Commercial Lending, Bank Management, Principals of Banking

Instructor of the Year 1994-1995

ABA COMMERCIAL LENDING SCHOOLS ADVISORY BOARD/INSTRUCTOR, Member

SOUTH CAROLINA BANKERS ASSOCIATION, YOUNG BANKERS DIVISION, Past President, Board Member

CERTIFIED DEVELOPMENT CORPORATION of SOUTH CAROLINA, Member

SEVEN OAKS LIONS CLUB (Irmo, SC), Past President

RISK MANAGEMENT ASSOCIATES (RMA) Central Midlands Chapter, Board Member

LAKE MURRAY YOUNG LIFE, Ex-Committee Chairman

MT. HOREB UNITED METHODIST CHURCH, Youth Counselor

References provided upon request

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