Michael Estes
Chief Lending Officer at First Community Bank of East Tennessee- Claim this Profile
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Bio
Jack McCready CMMC RP
Mike Estes is a highly trained, experienced and knowledgeable professional. His range of background across the financial and economic sectors is impressive. In the critical fields of strategic business development, finances, leadership and executive management, Mike has a proven record of high achievement and possesses a results-oriented passion for success. As a seasoned financial manager, Mike has worked with a wide variety of people, assisting them in managing individual and corporate finances; treating both with care and understanding. As a market president he has also demonstrated initiative and creativity in the complex and challenging markets of today. As a leader, strategist and visionary, Mike Estes is a person of amazing talent and significant accomplishments. It is a honor to offer my enthusiastic recommendation.
Jack McCready CMMC RP
Mike Estes is a highly trained, experienced and knowledgeable professional. His range of background across the financial and economic sectors is impressive. In the critical fields of strategic business development, finances, leadership and executive management, Mike has a proven record of high achievement and possesses a results-oriented passion for success. As a seasoned financial manager, Mike has worked with a wide variety of people, assisting them in managing individual and corporate finances; treating both with care and understanding. As a market president he has also demonstrated initiative and creativity in the complex and challenging markets of today. As a leader, strategist and visionary, Mike Estes is a person of amazing talent and significant accomplishments. It is a honor to offer my enthusiastic recommendation.
Jack McCready CMMC RP
Mike Estes is a highly trained, experienced and knowledgeable professional. His range of background across the financial and economic sectors is impressive. In the critical fields of strategic business development, finances, leadership and executive management, Mike has a proven record of high achievement and possesses a results-oriented passion for success. As a seasoned financial manager, Mike has worked with a wide variety of people, assisting them in managing individual and corporate finances; treating both with care and understanding. As a market president he has also demonstrated initiative and creativity in the complex and challenging markets of today. As a leader, strategist and visionary, Mike Estes is a person of amazing talent and significant accomplishments. It is a honor to offer my enthusiastic recommendation.
Jack McCready CMMC RP
Mike Estes is a highly trained, experienced and knowledgeable professional. His range of background across the financial and economic sectors is impressive. In the critical fields of strategic business development, finances, leadership and executive management, Mike has a proven record of high achievement and possesses a results-oriented passion for success. As a seasoned financial manager, Mike has worked with a wide variety of people, assisting them in managing individual and corporate finances; treating both with care and understanding. As a market president he has also demonstrated initiative and creativity in the complex and challenging markets of today. As a leader, strategist and visionary, Mike Estes is a person of amazing talent and significant accomplishments. It is a honor to offer my enthusiastic recommendation.
Experience
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First Community Bank of East TN
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United States
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Banking
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1 - 100 Employee
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Chief Lending Officer
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Jun 2021 - Present
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First Community Bank
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United States
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Banking
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500 - 600 Employee
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Commercial Team Leader
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Feb 2018 - Jun 2021
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Bank of Tennessee
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United States
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Banking
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100 - 200 Employee
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Senior Vice President - Commercial Accounts
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Mar 2016 - Dec 2017
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BB&T
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United States
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Financial Services
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700 & Above Employee
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Market President
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Oct 2010 - Mar 2016
Executive Leadership. Leads area branches with primary accountability for business development of commercial lines. Strategy Development. Lead area branch managers and commercial team on business-level discussion and decisions involving business strategy, standardization of best practices, and cluster oversight.Sales Manager. Develop targeted marketing plan by leveraging existing client base of business and developing new business. Ensure commercial relationships are fully developed with non-credit financial services, driving fee-based revenue earning opportunities. Financial. Manage P&L with $116MM in assets and $65MM in loans. Operate within annual budget parameters, and monitors actual performance against budget. Developed strategies to improve non-performing loans, reduced delinquencies, maximized recoveries and minimized losses. Business Development. Execute on Integrated Relationship Management with extensive inclusion of Financial Services Specialists in sales meetings and call planning, joint calling with relationship managers, and development and delivery of custom solutions, including specific efforts to serve branch office needs of our clients. Develop new business client relationships and improve market share of business loans and non-credit services, including deposits. Leadership. Manage administrative personnel and direct application/underwriting process on all commercial loans. (3 commercial employees; 25 retail employees). Make recommendations for personnel regarding employment, training, performance ratings, salary changes, promotions, transfers, terminations, career enhancement and staffing. Oversee selection, coordination, and leadership of local advisory board and activities.Quality. Conducted regular risk assessments and quality assurance reviews to evaluate compliance with requirements and to identify potential exceptions in policies, procedures and business processes. Show less
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Senior Commercial Banker
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Jun 2006 - Sep 2010
Executive Leadership. As initial BB&T representative in newly acquired branch, oversaw top level commercial clients and personally managed and grew one of largest relationships within entire industry footprint. M&A. Led transition of newly acquired branch through conversion and helping existing clients through subsequent changes by putting processes in place to help retain current clients/legacy employees. Highly visible project both in size as well as how Wall Street Analyst were assessing it. Financial. Managed commercial portfolio in excess of $100MM.Challenge. To help with $150MM acquisition in preparing for conversion and minimizing run off of client base. Show less
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Commercial Banker
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Dec 2003 - May 2006
Business Development and management of portfolio growth. Successfully built client relationships based on business development process within new market without benefit of existing portfolio. Achieved Top Producing New Relationship Manager within Knoxville market in 2005.
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Education
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Mercer University
BBA, Economics and Finance -
Mercer University
Master of Business Administration (MBA)
Community
