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.
• 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.

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.

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