Larry Firebaugh Email & Phone Number

Greater Denver Area

• Resolving sub and non-performing commercial loans, both real estate and C&I secured.• Manage a portfolio of 40 loans with an average balance of $4.0mm—$5.0mm.• Negotiate settlement agreements with borrowers and their attorneys.• Testify in court when required for bankruptcy hearings and in contested hearing situations.

Greater Chicago Area

• Assisted FDIC in concluding the financial affairs of failed financial institutions around the country.• Responsible for the management and operations of financial institutions including the initial takeover, management of personnel, preparation and submission of all required reports, loan servicing, loan workouts, and restructures.• Assisted troubled banks in the following areas: Due Diligence/Underwriting Special Servicing/Asset Management; Capital Infusion; Debt and Equity Placement; Valuation of Collateral; Note Sales and Transaction Structuring.• Loan review of large commercial loans, SBA loans, Syndicated loans, and Industry specific loans.• Acting Department Head for Credit Asset Management Division.• Developed and implemented Asset Management Loss Share policies and procedures to comply with Loss Share Agreement.• Served on Board of Directors for four LLC’s.• Served as Team Lead for Loss Share Compliance Audits.• Assisted in numerous loan sale transactions.

Mclean, Va.

• Performed detailed loan reviews on USDA Community Reinvestment Loans, including: police stations, fire stations, nursing homes, and college/university facilities.• Produced detailed review reports over 10 states.• Interviewed State Directors, Program Directors, and Loan Officers within the state offices.

Dallas, Texas

• Assisted in the initial closing of the financial institutions.• Supervised all asset management and legal issues pertaining to the loan portfolios.• Assisted in several loan sale transactions.• Responsible of the adherence to all policies and procedures as directed by the client.

Greater Denver Area

• Responsible for all financial operations of the company.• Developed and implemented all financial and operational policies and procedures of the company.• Established 47 offices in 34 states with 2,000+/-affiliated brokers.• Negotiated agreements with multiple state authorities resulting in obtaining licenses to conduct business in their states.• Negotiated and developed business relationships with 20+ lenders which resulted in the production of $35M+ in annual commercial loan production, $80M+ in annual residential loan production and $9.5M+ in annual revenue.• Served on Board of Directors.

Greater Denver Area

• Supervisory authority of 61 financial institutions with $100B+ in assets.• Supervised, managed and ensured the retention of 150+ federal employees.• In-direct supervision of 10,000+ private sector employees.• Responsible for the dissemination and adherence to all policy and procedures as directed by Washington, D.C.• Assisted in the first FIERRA civil seizure of an institution which directly caused the failure of a federally insured financial institution.• Served as Co-Chairman of the Western Regional Audit Committee.• Served on the Board of Directors of four holding companies which held an interest in a failed financial institution.

Greater Denver Area

• Managed a team of 10 sales personnel.• Top produce in region for three consecutive months.• Obtained promotion from sales associate to Regional Vice President in six months.

Greater Denver Area

• Supervised all lending activities of the bank.• Established construction loan department.• Maintained a delinquency rate of less than 2% on entire portfolio.• Increased profit margins by 8-10%.• Served as advisory member of the Board of Directors.• Compliance Officer.

Greater Denver Area

• Established construction loan department.• Increased profitability by 25%.• Increased deposits at bank by 25-30% by the marketing of the bank and its services to business in the market area.• Maintained a delinquency rate of less than 2% on the loan portfolio.• Member of bank’s loan committee.• Compliance Officer.

Dillon, Colorado

• Member of Board of Directors.• Established and maintained relationships with FDIC and Federal Reserve Bank in obtaining credentials and certification to obtain FDIC insurance and membership into the Fed for a new start-up bank.• Developed and implemented all lending policies.• Developed and implemented all operational policies of bank.

Wichita, Kansas Area

• Originated and closed residential and residential construction loans.• Responsible for the inspection of all residential and commercial construction loans and the approval of all disbursements of funds.• Generated $1M+ in loan fees in a fiscal year.

Wichita, Kansas Area

• Branch Manager of largest office in metro Wichita area.• Responsible for all operations of the office.• Maintained a delinquency rate of less than 1%.• Increased loan production by 35%.• Turned two non-profitable branches into profitable branches within 90 days