David Miller Email & Phone Number

Baltimore, Maryland, United States

Washington DC-Baltimore Area

Mooddai International Bank (in formation) ("MIB") is a de novo minority depository financial institution designed to serve the Ethiopian American community.

Elkton, Maryland, United States

• Chief Financial Officer / Executive Vice PresidentChief Financial Officer (December 2020 to 2023) for long-troubled commercial bank. Part of new management team installed to increase shareholder value by returning the.
• Gained release from the Federal Reserve Bank’s (“FRB”) Written Agreement in 4Q 2022.
• Responsible, with Executive team, for raising $10.0 million in equity, ensuring well-capitalized status, and allowing for necessary loan growth to achieve profitability.
• Returned profitability (Dec 2021, after 10+ years) eliminating $300.0 thousand in losses per month.
• Decreased OREO to approximately $200.0 thousand from approximately $19.0 million.
• Reduced Non-performing Assets to approximately $200.0 thousand from $1.2 million by 2Q 2023.

Columbia, Maryland, United States

• Chief Financial Officer / Executive Vice PresidentChief Financial Officer (January 2020 to December 2020) for de novo commercial bank including a national residential mortgage lending operation and national deposit.
• Participated in investor roadshows to source primary capital needed to open of the Bank.
• Created financial model and business plan used to obtain approval from various regulators.
• Responsible for establishing the internal control structure and the development of the capital and liquidity management plans.
• Identified and engaged internal and external auditors and worked to complete audit programs.
• Determined appropriate general ledger, ALM and FDIC Call report providers, among others.

Laurel, Maryland, United States

• Treasurer / Senior Vice PresidentTreasurer (February 2018 to January 2020) / Controller (February 2017 to February 2018) (newly created positions) for $2.3 billion commercial bank. Responsible for integrating.
• Fully integrated new employees into Revere Bank’s culture and internal control structure.
• Implemented deposit reclass as part of the FRB’s Reserve Requirement process increasing income approximately $1.2 million, annually.
• Decreased item processing and FRB account management costs by migrating processing to the FRB.
• Developed bank-wide cash flow forecasting model including core deposit and loan activity.

Perry Hall, Maryland, United States

• Chief Financial Officer / Executive Vice PresidentChief Financial Officer (newly created position) for $800.0 million Federal Savings and Loan Association. Directed accounting and finance operations including GAAP.
• Improved audit and regulatory compliance with implementation of management ALM process.
• Gained board approval and began implementation of an investment strategy to improve compliance with board defined interest rate risk management limits.
• Implemented bond accounting and analytics systems to properly account for GAAP-defined level yield accounting and to assist in the analysis of the interest rate risk profile of the investment portfolio.
• Produced and gained annual approval for Association’s strategic plan and budget.

Germantown, Maryland, United States

• Chief Financial Officer (newly created position) for $400.0 million community bank which had its initial public offering in January 2010. Provided fiscal, strategic, and operational leadership to manage the Bank.
• Successfully directed initial public offering of $45.0 million in equity capital.
• Developed and implemented efficient and effective regulatory and GAAP reporting regime in response to Bank’s initial public offering, including Forms 10-K, 10-Q, and quarterly earnings release, the annual report, and.
• Protected $300.0 thousand in net-interest margin, annually, and $6.0 million in performing and valuable assets using proprietary model designed to analyze and facilitate restructuring of the balance sheet.
• Facilitated the reorganization of the Bank’s leasable property resulting in an increase of approximately $200.0 thousand in non-interest income, annually.

Baltimore, Maryland, United States

• Investment & Funding Manager / Senior Vice President – 1995 to 2009Led staff responsible for Bank’s $1.5 billion investment and $1.5 billion borrowed money portfolios and the Treasury credit function. Developed and.
• Increased portfolio revenue by approximately $6.0 to $10.0 million, annually.
• Reduced funding costs by.25% or approximately $4.0 million, annually.
• Managed team of credit analysts monitoring and analyzing the tax-exempt municipal, corporate, CDO, and non-agency MBS portfolios using IntexNet, Bloomberg, and internally developed models.
• Member of the Asset Liability, Retail Deposit Pricing, and Retail Loan Pricing committees.
• Built liquidity management function to include systemic monitoring of forecasted funding needs, contingency planning reserves, and asset-side liquidity.

Baltimore, Maryland, United States

Money Market Trader / Treasury Officer – 1991 to 1995Provided short to medium term funding and trading income for Bank of America's Mid-Atlantic region. Manager Domestic Operations / Assistant Treasury Officer – 1989 to 1991Managed staff responsible for reporting, accounting, and control of funding and investment activity. Treasury Division Senior Projects.

M.S., Finance

B.S., Finance