Matthew R. Godfrey
Chief Executive Officer, Community banking
Boise, ID · (208) 555 0134 · name@example.com · linkedin.com/in/matthewrgodfrey
Key Qualifications
EXPERIENCE
Twenty four years in commercial banking, eight of them as chief executive officer
INDUSTRIES
Community banking, agricultural lending, commercial real estate, small business finance
SPECIALTIES
Balance sheet strategy, core deposit gathering, credit culture, branch expansion, examiner relations
SYSTEMS
Jack Henry SilverLake, nCino, Salesforce Financial Services Cloud, Moody's Analytics, Power BI
CREDENTIALS
Graduate of the American Bankers Association Stonier Graduate School of Banking, member of the Independent Community Bankers of America
EDUCATION
Master of business administration, Boise State University; bachelor of science in agricultural economics, University of Idaho
Results at a Glance
1.1
Billion dollars
2023
Rate cycle
$140m
Subordinated debt
Executive Summary
Chief executive officer of a 2.8 billion dollar community bank holding company in the Intermountain West, with twenty four years in commercial banking and eight in the chief executive seat. Grew the franchise from twelve offices to thirty one, funded the growth with core deposits, and kept credit costs well below the peer group through the last rate cycle.
Signature Achievements
- Grew total assets from 1.1 billion dollars to 2.8 billion dollars in eight years without buying a single charter, funding the balance sheet entirely with core deposits.
- Opened nineteen offices across Idaho, eastern Oregon and western Montana, each reaching deposit break even inside twenty two months.
- Held net charge offs to nineteen basis points through the 2023 rate cycle, roughly half the average reported by the bank's Federal Deposit Insurance Corporation peer group.
- Placed 140 million dollars of subordinated debt and common equity with institutional investors, lifting total risk based capital to 14.2 percent.
- Completed three consecutive full scope safety and soundness examinations with no matters requiring board attention.
- Lifted return on average assets from 0.78 percent to 1.31 percent while holding the efficiency ratio at 54 percent.
Professional Experience
Chief Executive Officer
Cascade Union Bancorp, Boise, ID 2018 to present
Bank holding company with 2.8 billion dollars in assets, thirty one offices in three states and 410 employees.
- Set the annual operating plan with the board, covering loan growth, deposit pricing, capital actions and branch investment.
- Chair the asset and liability committee and repositioned 300 million dollars of securities in 2023 to shorten portfolio duration.
- Present quarterly to the board risk committee on credit concentration, liquidity and interest rate risk, and annually to examiners from the Federal Reserve Bank of San Francisco.
- Recruited a chief credit officer and a chief information officer from larger regional banks, both still in seat after five years.
President and Chief Operating Officer
Snake River Community Bank, Twin Falls, ID 2012 to 2018
Single charter bank with 900 million dollars in assets serving south central Idaho.
- Ran retail banking, operations and technology, a group of 190 people across fourteen offices.
- Converted the core banking platform over eleven months with no customer facing outage.
- Built the small business lending unit from a standing start to 120 million dollars in outstandings.
Executive Vice President, Commercial Banking
Mountain West Financial Partners, Spokane, WA 2004 to 2012
Commercial portfolio of 620 million dollars concentrated in agriculture, food processing and owner occupied real estate.
- Led eighteen relationship managers and credit analysts covering eastern Washington and northern Idaho.
- Grew the agricultural book by 210 million dollars while keeping classified loans under two percent of the portfolio.
- Sat on the senior loan committee with approval authority to ten million dollars.
Licensure and Certification
Graduate, American Bankers Association Stonier Graduate School of Banking, 2011
Member, Independent Community Bankers of America
Director, Idaho Bankers Association
Education
Master of Business Administration, Boise State University, 2006
Bachelor of Science in Agricultural Economics, University of Idaho, 1998
Core Skills
Balance sheet management · Core deposit strategy · Credit risk oversight · Regulatory examinations · Board governance · Capital planning · Branch network expansion · Executive recruiting · Community Reinvestment Act programs · Agricultural lending