Executive Management

LOUIS J. DUNHAM

** ******** *****, *********, ************ 18438

*** * ********* *****, **** 5208, Chicago, Illinois 60611

***.******@**************.***

Telephone 847-***-****

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EXECUTIVE MANAGEMENT

President and Chief Executive Officer

An accomplished executive with wide-ranging management proficiencies in corporate governance, lending, credit, finance, business development, policy development, as well as compliance and regulatory matters at several public and private financial institutions.

The executive has exceptional analytical, organizational and strategic planning capabilities, with demonstrated skills in mergers and acquisitions (including banks, consumer finance and factoring companies) operating systems integration, as well as acquiring and selling commercial and consumer loan portfolios.

The executive has a broad background in resolving sales, credit and operational matters including reductions in non-performing asset problems at financial institutions.

Significant accomplishments include:

• Obtained approval from the Office of Thrift Supervision (OTS) to establish a bank in Florida utilizing a commercial bank business model and plan,

• Organized and hired executive officers and experience staff for all aspects of several different bank’s as well as obtained addition members for the Board of Directors,

• Obtained a de novo national bank conditional charter from the Office of the Comptroller of the Currency (OCC), in conjunction with the de novo approval, prepared a commercial bank business model and plan accepted by both the OCC and FDIC,

• Raised approximately $17 million in capital for a de novo bank,

• Organized a large number of successful acquisitions (including due diligence efforts) to acquire and integrate several banks, a consumer finance company, a factoring company, as well as purchased and sold numerous consumer and commercial loan portfolios,

• Re-engineered several loan departments at two multi-billion dollar banks allowing the use of automation to increase efficiency, loan volumes, documentation and collection efforts,

• Established small business lending units, utilizing credit-scoring technology, at two multi-billion dollar banks. The unit in FL originated $5 million in loans per month,

• Reduced non-performing assets at Vermont National Bank from 6.5% to 0.6%, allowing the elimination of an OCC Memorandum of Understanding, and at Republic Security Bank from 1.5% to 0.3%,

• Organized the largest real estate auction ($30 million at the time) in New England to dispose of the banks OREO assets,

• Developed and implemented policies and procedures ensuring the balance of credit and sales cultures resulting in the growth of profitable relationships at several institutions,

• Successful in eliminated a Cease and Desist order at several banks including American Home Bank. Built a core banking platform to accommodate planned growth to become a $20 billion nationwide institution,

• Negotiated, purchased and assimilated the largest yacht loan origination company in the country for Republic Security Bank.

PROFESSIONAL EXPERIENCE

CEO AND MANAGING PRINCIPAL, August 2009 – Present

CAMELSolutions, LLC, Lakeville, PA

A National Bank Consulting Group with offices in Illinois, New York, and Pennsylvania.

CEO and Managing Principal for a nationwide bank advisory group with overall responsibility for the groups’ practices including Profitability Enhancement, Non-Performing Asset Optimization, Regulatory Enforcement Assistance, Regulatory Compliance Review, Credit Function Enhancement and Information Technology Assessment.

PRESIDENT, CHIEF EXECUTIVE OFFICER, DIRECTOR, February 2009 – July 2009

MUTUAL BANK, Harvey, Illinois

Approved by the FDIC and State of Illinois to correct the deficiencies noted in a Regulatory Cease and Desist Order

Responsible for creating and implementing a plan for the elimination of a Regulatory Cease and Desist Order that criticized all operational and credit processes and controls within the Bank. The plan included attempts to raise $100 million in capital to cover losses imbedded in the loan portfolio and return the bank to a well-capitalized institution from a critically undercapitalized position. Due to the severity of the pre-existing problems and the deteriorating economy, the inability to obtain an open bank loss share agreement with the FDIC, the capital raise was unsuccessful.

Responsibilities included the oversight of all operations and implementation of the strategic plan for a $1.7 billion commercial bank with operations in four states with the ultimate goal of optimizing shareholder returns while minimizing risk to Bank capital. Supported the Board of Directors and Executive Management to return the Bank to a viable, profitable, safe and sound company. The Executive implemented changes to risk management, policies, procedures and staffing with the goal of ensuring high quality sales, credit underwriting, and recognition and disposition of problem assets. Drive leadership training for senior managers while providing additional training for customer contact and lending staff. Presented monthly bank performance reports to Board of Directors.

Selected accomplishments:

• Successfully responded to the action items of a Cease and Desist Order from the FDIC and the State of Illinois through the development and implementation of appropriate policies and procedures, implementation of effective problem loan workout strategies, and hiring and training bankers to fill key management positions.

• Worked with external auditors and due diligence teams preparing marketing documentation and negotiating stock purchase agreements for the recapitalization of the Bank through private offerings.

CHAIRMAN OF THE BOARD, APRIL 2009 - PRESENT

PRESIDENT/ CHIEF EXECUTIVE OFFICER/ DIRECTOR, December 2006 – February 2009

AMERICAN HOME BANK, Chicago, Illinois

Brought in to provide executive leadership and direction for an OTS-regulated bank acquired by a NY Stock Exchange holding company with 650 offices throughout the U.S.

Responsible for the oversight of all operations and implementation of the strategic plan for a $400 million OTS stock savings bank with the goal of optimizing shareholder returns while minimizing risk to company capital. Supported the Board of Directors and Executive Management to assure a viable, profitable, growth oriented company. Developed and implemented a business plan to increase the Bank’s size to $20 billion in 5 to 7 years with above average profitability goals without sacrificing safety and soundness standards. The Executive served as the company’s chief liaison with the regulatory agencies. Developed and implemented a business plan to grow a $45 million community bank into a national institution focusing on a Direct to Consumer business model. Implemented changes to policies, procedures and bank technology with the goal of ensuring high quality sales, credit underwriting and a reduction in problematic assets. Drove leadership training for senior managers while providing additional training for customer contact and lending staff. Presented monthly bank performance reports to Board of Directors.

Selected accomplishments:

• Successfully facilitated removal of a cease and desist order from the predecessor bank through the significant reduction of non-performing assets, development and implementation of appropriate policies, procedures, and controls and hiring and training experienced bankers to fill key management positions.

• Worked with external auditors, due diligence teams, and investment bankers preparing marketing documentation and negotiating stock purchase agreements, representations and warrantees, and disclosure schedules in preparation for the Bank’s sale.

• Reviewed and suggested substantial changes to stock purchase agreement, representations and warrantees, and disclosure schedules that protect directors and officers.

• Successful in entering into a stock purchase agreement with a public company to purchase the Bank for a premium over tangible book value.

PRESIDENT, CHIEF EXECUTIVE OFFICER, DIRECTOR, 2003 - 2006

AMERIBANK, Palm Beach Gardens, Florida

Responsible for the oversight of all operations and implementation of the strategic plan of this $166 million OTS bank operating in West Virginia, Ohio and Florida. Provided support to the Board of Directors and Executive Management to assure a viable, profitable, growth oriented company without sacrificing safety and soundness standards. The Executive administered all aspects of corporate governance for the company while acting as the chief liaison with the regulatory agencies. Responsible for locating Florida, West Virginia or Ohio based banks or other financial institutions for acquisition.

Selected accomplishments:

• Developed and implemented a business plan to grow a $70 million community bank into a regional institution focusing on quality commercial and consumer business. Implemented policies and procedures throughout the company strengthen credit underwriting and reduce problematic assets.

• Evaluated the bank’s core technology capabilities and developed and implemented a plan to upgrade.

• Developed and implemented a business plan to increase the bank’s asset size to $1 billion in 7 to 10 years with above average profitability goals through organic growth and through acquisitions.

• Purchased an Ohio bank under a Cease and Desist, which was eliminated, and successfully integrated into the bank, subsequently utilized its core banking system for the entire bank.

PRESIDENT, CHIEF EXECUTIVE OFFICER, DIRECTOR, 2001 - 2003

INFINITY FINANCIAL HOLDINGS CORPORATION, West Palm Beach, Florida

The executive was responsible for a $30.0 million (capital) start-up holding company and its subsidiary, Infinity Bank NA., reporting to the Board of Directors. Administered all aspects of corporate governance for the company. Supported the Board of Directors, and Executive Management to assure a viable, profitable, growth oriented public company (London Stock Exchange). Served as the chief spokesperson for the Board of Directors with the regulatory agencies and the Wall Street community.

Selected accomplishments:

• Applied for and successfully received a federal banking charter from the Office of the Comptroller of the Currency, and approval from the Federal Deposit Insurance Corporation.

• Developed a plan to replace capital from London through a private placement of capital in the USA.

• Developed and implemented a business model and plan for a national bank focusing on commercial business.

SENIOR EXECUTIVE VICE PRESIDENT, CHIEF RISK OFFICER, 1999 - 2001

REPUBLIC SECURITY BANK, West Palm Beach, Florida

The executive officer of this $3.4 billion bank provided support to the Chief Executive Officer, Board of Directors, and Executive Management to assure a viable, profitable, growth oriented public company (NASDAQ) with consistently high quality loan portfolios and customer relationships. He directed the risk management function of the company including credit, audit, loan review, and compliance for all loan disciplines including nationwide yacht lending at First New England and factoring relationships with Spectrum Financial Corporation, both subsidiaries of the bank. Developed and implemented all credit policies and procedures for all subsidiaries. Served as Chairman of the companies factoring subsidiary.

Selected accomplishments:

• Oversaw Mergers and Acquisitions, Loan Policy development and implementation, Commercial, Consumer, Mortgage, Factoring and Yacht underwriting, Credit related technology, Loan Documentation, Risk Management areas including Audit, Compliance, and Loan Review; Commercial and Consumer Workout Units, Collections, OREO disposition, and Charge Off Recovery.

• Served on various committees including Executive, Strategic (Board and Management), Asset/ Liability, Management, Loan (Chair), Board Loan (Secretary), Compliance, CRA, and Technology.

EXECUTIVE VICE PRESIDENT, CHIEF CREDIT OFFICER, 1982 - 1999

VERMONT NATIONAL BANK, Brattleboro, Vermont

December 1993 – February 1999 Executive Vice President/ Chief Credit Officer

May 1991 – December 1993 Senior Vice President/ Chief Credit Officer

March 1987 – April 1991 SVP/ Senior Commercial Loan Officer

October 1982 – February 1991 VP/ Regional Commercial Loan Officer

The Executive Officer of this $ 2.2 billion, two-bank holding company serving Vermont, New Hampshire, and Massachusetts supported the Chief Executive Officer, Board of Directors, and Executive Management to assure a viable, profitable, growth oriented public company (NASDAQ) with consistently high quality loan portfolios and customer relationships. Directed the credit administration staff of fifty and activities of the company’s $ 1.4 billion business, mortgage and consumer loan portfolios.

Selected accomplishments:

• Oversaw Mergers and Acquisitions, resulting in the acquisition of several banks.

• Oversaw Loan Policy development and implementation for all subsidiaries, Commercial, Consumer, and Mortgage underwriting, Credit related technology, Commercial and Consumer Workout Units, Collections, OREO disposition, Charge Off and Recovery, and Loan Documentation.

• Served on various committees including Executive, Strategic (Board and Management), Human Resource, Asset/ Liability, Management Loan (Chair), Board Loan (Secretary), Compliance, CRA, and Technology, Y2K, and Customer Service and Quality.

• Successful in eliminating an MOU from the OCC.

In addition, had prior experience with Bankers Trust Company in their large commercial lending unit for one and a half years in upstate New York and received my credit and management training at Manufacture’s Hanover before serving as the Main Office executive in charge for the Bank in their upstate NY facility for seven and a half years.

EDUCATION & CREDENTIALS

Certificate - STONIER GRADUATE SCHOOL OF BANKING, Newark, Delaware

Graduated with honors

Professional Memberships

Robert Morris Associates • Sheshunoff Senior Lenders Affiliation Group • Florida Bankers Association • Vermont Bankers Association (past Vice Chair, Board of Directors) • New England School of Banking • The Executive Committee

Teaching Positions

New England School of Banking at Williams College • Northern New England School of Banking at University of New Hampshire • Omega Commercial Lending, Problem Loan Resolution and Loan Documentation

Community Activities

American Diabetes Association - Chairman, fund raising committee • Business Development Board of Palm Beach • Brattleboro Memorial Hospital - Chairman of the Board of Directors • Christian Heritage School - Secretary and Treasurer of Board of Directors • United Way - Chairman Campaign Drive

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