Ron W. Terborg
7473 Cameron Drive, Larkspur, CO 80118
QUALIFICATIONS SUMMARY
Sales and management professional with over 34 years lending, banking, small business lending, and management experience. Team player valued for his regional start-up capabilities, employee retention, and goal achievement. Schooled in relationship management, and a firm advocate of customer service.
SKILLS PROFILE
Commercial, Construction, A&D Lending Correspondent/Wholesale Mortgage Management
De Novo Operations and Sales Management Multi-State Lending & Management
First & Second Mortgage Management Consumer Lending
SBA Lending, 504 Program Literate Computer Literate
EMPLOYMENT HISTORY
Champion Bank – Parker, CO - Vice President 6/08 –5/09
Commercial loan officer for $88M bank. All forms of commercial lending, including A&D, C&I, new construction, letters of credit, lines of credit. Hired at a time the bank was becoming more heavily involved with workouts. The bank declared a lending moratorium and is now concentrating on reducing questionable credits. As of May 1, 2009, the bank will be downsizing its lending staff.
First Horizon Construction Lending – Vice President & Market Manager 2/04 – 6/08
Responsible for state operations and production of a large ticket real estate construction lending office. First Horizon Construction Lending was an affiliate of First Tennessee Bank, and a profitable subsidiary of First Tennessee National Corporation. Worked a $92 Million pipeline with clients throughout the state. Emphasis on commercial construction and home construction guidance lines of credit.
Reason for Leaving: First Horizon closed operations in 24 states on 4/1/08, including Colorado.
First United Bank – Colorado Springs, CO – Regional Vice President 10/01 – 1/04
Regional responsibility for commercial loan, banking operations, and large deposit activity. Year 2002 “Top Gun” for the bank with over $30MM in new loans. Strong real estate lending orientation, with specialties including A&D, SBA 504, construction lending. Produced $20MM in new SBA 504 Loans with no delinquency. Housed, and oversaw, experimental mortgage lender program for the bank, including interface with RBC Mortgage. Managed a portfolio of $40MM with typically near 0% delinquency. Fee income champion.
Bank at Broadmoor – Colorado Springs, CO 7/99 – 10/01
Loan officer familiar with all consumer and commercial loan vehicles, including lines of credit, letters of credit and multi-collateral lending. Managed over 200 accounts to an average .5% delinquency. Fee income champion.
Reason for Leaving: Regional Opportunity with First United Bank.
Century Capital, LLC - Rapid City, SD - Managing Member 8/97 to 7/99
Initially hired to create Controller position for a multi-faceted commercial developer/builder and manage the daily operations. In January 1998, joint ventured to form Century Capital, a mortgage broker company. Thrust was sourcing residential and commercial loans with regional banks, conduit lenders and life companies. Direct lending capabilities with conduits such as Paine Webber and Merrill Lynch.
Reason for Leaving: Relocated to Colorado to be nearer children and grandchildren.
American State Bank - Rapid City, SD – Vice President of Real Estate Lending 12/93 to 8/97
Vice President of $32 MM asset bank. Developed major commercial and residential loan portfolio with strong emphasis on fee income. Portfolio delinquency typically at less than .50%. Responsible for residential home loans, including FNMA/FHLMC/VA/FHA liaison and all facets of commercial construction. Valued for compliance awareness and Community Reinvestment Act (CRA) attention. Perennial volume leader.
-
Tightened commercial and residential lending guidelines to help bank remove a Federal Reserve Board Memorandum of Understanding (MOU) resulting from several previous unsatisfactory examinations.
-
Helped bank achieve two “Superior” CRA ratings through bank/community involvement.
-
Developed Liberty Loan residential mortgage program; buy now – FNMA later
Reason for Leaving: Resigned to form Century Capital as Managing Member. Partnered with my biggest commercial client.
Loan America, Miami Lakes, FL - Senior Vice President of Corporate Operations - 3/92 to 11/93
Hired for newly created position with nation’s 4th largest wholesale lender, responsible for production effort and operations of five regional processing centers staffed by 175 employees. Established correspondent lending program to complement wholesale operation.
-
Developed and installed a correspondent mortgage framework
-
Downsized processing by 18%, primarily through attrition, without productivity sacrifice
-
Increased volume production 5% by becoming user friendly to broker network
CITICORP/CITIBANK EMPLOYMENT 7/78 – 3/92
Citibank FSB, Miami, FL - Director of Builder, Mortgage, & Correspondent Operations 1/87 - 3/92
Correspondent mortgage program manager, builder large ticket industry liaison, FNMA/FHLMC project approvals, administered state compensation program.
Citicorp Homeowners, Inc. Peabody, MA – Northeast Area Vice President 8/83 – 1/87
Developed and managed de novo retail and correspondent mortgage sales, builder bulk commitments for five-state New England region. Correspondent mortgage program proved to be industry volume leader.
Citicorp PTP Thrift, Inc., San Diego, CA - Vice President of Operations 9/81 - 8/83
Developed, opened and managed six de novo Los Angeles and San Diego thrifts. Department of Corporations interface. These thrifts were an important precursor to Citicorp’s 81-branch Fidelity S&L acquisition, and were subsequently chartered as the southern tier Citicorp Savings offices.
Citicorp Person to Person, Inc., St. Louis, MO - Senior Operations Analyst 7/79 - 9/81
Co-developed and installed nationwide Productivity Improvement Program. Developed critical path analysis and oversaw acquisition of Mercantile Mortgage Corp. into Citicorp framework.
Citicorp Person to Person, Inc., Ogden, UT - Area Manager 7/78 - 7/79
Managed full service mortgage and consumer lending operation for northern Utah. Record loan volume and credit insurance numbers while reducing delinquency to below 1%.
AFFILIATIONS EDUCATION/BACKGROUND
Denver HBA, Colorado Springs HBA
Two term president of St. Andrews at Plum Creek HOA
President and Founder, Christmas in April Black Hills, Inc. B.S.B.A., La Jolla Univ., La Jolla, CA
Two term President, Hart Ranch Home Owners Assn. US Army, 1968-71, Vietnam Era Veteran
Site Selection Chairman, Habitat for Humanity SD School of Mines & Technology, CE
Board Member, Rapid City Community Development Corp.
Member, Black Hills Home Builders and Black Hills Board of Realtors
Past Director, Hope Center for Developmentally Disabled, Miami, FL
Past Director, Doral Golf Association, Miami, FL
