KANSAS CITY, Mo. — Enterprise Bank & Trust, the banking subsidiary of Enterprise Financial Services Corp (NASDAQ: EFSC), is pleased to announce that Ned Smith has been hired as Senior Vice President, Bank Participations.
In this role, Smith is responsible for all aspects of loan participations, including developing relationships with banks to facilitate both the sale and purchase of loan participations, helping to drive bank participation strategy, and facilitating loan growth and risk management. He oversees the coordination of sold participations, seeks out purchase participation opportunities, and helps lead process improvements.
Smith brings more than 20 years of financial, banking and capital markets experience to the role, specifically with new loan production, asset management, special servicing and advisory services. Smith also possesses a wealth of knowledge within the commercial real estate market.
“Loan participations are an integral part of our commercial lending operations,” said Kevin Antes, Regional Senior Lender. “Ned will be a substantial asset in helping the bank take this strategy to the next level and we are very excited about the value he brings to the table in joining the Enterprise Bank & Trust team.”
About Enterprise Bank & Trust
Enterprise Bank & Trust is a growing financial services partner focused on guiding people to a lifetime of financial success. We empower privately held businesses to succeed, helping families to secure their financial futures, and invest to advance the quality of life for the communities we serve. Enterprise is built on trusted, personal relationships and offers a range of business and personal banking services, wealth management services and a variety of specialized banking services. Enterprise Financial Services Corp (NASDAQ: EFSC), with approximately $13.1 billion in assets, is a financial holding company headquartered in Clayton, Missouri. Enterprise Bank & Trust operates 42 branch offices in Arizona, California, Kansas, Missouri, Nevada and New Mexico, and SBA loan and deposit production offices throughout the country. Additional information is available at www.enterprisebank.com. Member FDIC.