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United States

Two River Bancorp (TRCB.OQ)

TRCB.OQ on NASDAQ Stock Exchange Global Market

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14 Dec 2018
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Summary

Name Age Since Current Position

Francis Patock

70 2011 Independent Chairman of the Board

William Moss

57 2010 President, Chief Executive Officer, Director

James Bollerman

60 2014 Vice Chairman of the Board

John Perri

66 2014 Vice Chairman of the Board

A. Abrahamian

55 2010 Chief Financial Officer, Executive Vice President of the Company and the Bank

Alan Turner

51 Executive Vice President, Senior Loan Officer of Two River Community Bank

Robin Zager

64 2009 Corporate Secretary and Independent Director for company and bank

Charles Butrico

55 2014 Independent Director

Robert Gregory

59 2006 Independent Director

Robert Grossman

67 2009 Independent Director

William LaMorte

65 2009 Independent Director

Joseph O'Sullivan

61 2012 Independent Director

William Statter

71 2009 Independent Director

Andrew Vitale

57 2012 Independent Director

Biographies

Name Description

Francis Patock

Mr. Francis J. Patock, Jr., is Independent Chairman of the Board of Two Rivers Bancorp. Mr. Patock is also President of Patock Construction Company, a general contracting company located in Tinton Falls, New Jersey and was born and raised in the Red Bank area. He is a founder and former member of the Board of Directors of Tinton Falls State Bank. He is a past President of the Red Bank Rotary Club and is the current President of the Affordable Housing Alliance. Mr. Patock’s experience qualifying him for service as a director include his over 25 years’ experience as a bank incorporator/director and his valuable business acumen and experience as the long-time CEO of a general contracting company specializing in the development of corporate, retail and governmental building facilities. His contacts and reputation throughout the state’s construction industry enable Mr. Patock to develop business for the Bank.

William Moss

Mr. William D. Moss is President, Chief Executive Officer, Director of Two Rivers Bancorp. Prior to that time, Mr. Moss served in various officer positions with several banks, including Midlantic National Bank and Central Jersey Bank and Trust Company. Mr. Moss is a 1987 graduate of the Stonier Graduate School of Banking. He currently serves on the New Jersey State Banking Advisory Council, the board of the New Jersey Bankers Association, the American Bankers Association Community Bank Advisory Council and several non-profit boards. He is past president of the Community Bankers Association of NJ and the American Cancer Society/Jersey Shore Region, and has also served as Councilman in the Borough of Shrewsbury, NJ and chair of its finance committee.

James Bollerman

Mr. James M. Bollerman is Vice Chairman of the Board of Two Rivers Bancorp. Mr. Bollerman is the founder of Bollerman Real Estate Services, a firm that develops real estate and provides real estate consulting services. Mr. Bollerman has been directly involved with the development, planning and construction of over 20 million square feet of space in New Jersey. Prior to starting his own companies, Mr. Bollerman was Chief Executive Officer of a subsidiary of New Jersey Resources Corporation, a New York Stock Exchange listed company. He is a former member of the Board of Directors of New Jersey Resources Corporation and served on its Finance Committee. Mr. Bollerman was also an assistant to a cabinet officer in the State of New Jersey. Mr. Bollerman is a graduate of Seton Hall University School of Law. Mr. Bollerman’s experience qualifying him for service as a director includes a 32-year business career in a variety of senior corporate, governmental and entrepreneurial positions, including Director and Division President for a publicly traded company and the founder and CEO of a real estate investment and advisory firm.

John Perri

Mr. John J. Perri, Jr., CPA, MBA is Vice Chairman of the Board of Company. Mr. Perri is a Certified Public Accountant and a partner in the accounting firm of Raymond, Perri & DeSeno, LLC, located in Tinton Falls, New Jersey. He is currently a member of the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants. Mr. Perri brings to the Board over 38 years of public accounting experience, including extensive knowledge of accounting principles, financial reporting and tax issues, and the evaluation of financial results. Mr. Perri is qualified as a “financial expert” under the relevant criteria established under SEC regulations, and has acted as Chairman of the Audit Committee of Two River from its inception, as well as Chairman of the Audit Committee of the Company since 2007.

A. Abrahamian

Mr. A. Richard Abrahamian is the Chief Financial Officer, Executive Vice President of Two Rivers Bancorp and Two River Community Bank, subsidiary of the company. Mr. Abrahamian joined the Bank in March 2010 as Senior Vice President and Chief Financial Officer. In April 2010, he was appointed Senior Vice President and Chief Financial Officer of the Company and subsequently promoted to Executive Vice President and Chief Financial Officer in December 2010. Mr. Abrahamian previously served as Vice President, Treasurer and Chief Financial Officer of Center Bancorp, Inc. from March 2008 to January 2010, Vice President and Treasurer of Center Bancorp, Inc. from February 2008 to March 2008, and Senior Vice President and Chief Financial Officer of its banking subsidiary, Union Center National Bank, from February 2008 to January 2010. Prior to that, he was Senior Vice President and Chief Financial Officer of Synergy Financial Group, Inc. from 2005 to February 2008. Prior to his employment at Synergy Financial Group, Inc., Mr. Abrahamian was a Senior Vice President of PNC Bank from 2004 to 2005 and Vice President and Controller of United National Bancorp and a Senior Vice President and Chief Accounting Officer of its banking subsidiary, United Trust Bank, from 1992 until its acquisition by PNC in 2004. Mr. Abrahamian received an MBA from Fairleigh Dickinson University and graduated with distinction from the Stonier Graduate School of Banking in 1999.

Alan Turner

Mr. Alan B. Turner is Executive Vice President and Senior Loan Officer of Two River Community Bank, subsidiary of Two Rivers Bancorp. Mr. Turner joined the Bank in November of 2000 as Vice President of Commercial Lending, and served as Senior Vice President of Commercial Lending from June of 2003 until his promotion to Executive Vice President in January of 2007. Mr. Turner has over 25 years of banking and commercial lending experience. He began his banking career in 1987 at Chemical Bank N.J. as a credit and loan review analyst. From 1989 to 1995, he served as Assistant Vice President of Commercial Real Estate at Central Jersey Bank & Trust Company in Freehold. Following Central Jersey’s acquisition by NatWest, N.A. in 1995, Mr. Turner first served as Assistant Vice President and then as Vice President of Commercial Real Estate/Relationship Manager/Team Leader. He then became Vice President of Commercial Real Estate/Relationship Manager at NatWest’s successor, Fleet Bank, N.A. covering the Philadelphia/Washington corridor, through October of 2000. Mr. Turner holds a B.A. in Justice and Law from The American University in Washington, D.C.

Robin Zager

Ms. Robin Zager is an Independent Director and Corporate Secretary of Two Rivers Bancorp. Ms. Zager was licensed as a real estate broker by the State of New Jersey in 1982 and has devoted her entire career to the commercial real estate field. She is currently a Principal of Commercial Property Advisors LLC, a real estate transaction, property and asset management, and consulting firm located in Fair Haven, New Jersey. Her volunteer experiences include past service as a Trustee of Congregation B’nai Israel in Rumson, New Jersey, where she served on the Long Range Planning and Endowment Committees, and currently serves on the Israel Scholarship Committee. Ms. Zager is a former Director of Eastern Monmouth Area Chamber of Commerce (EMACC). Active in the Red Bank Chapter of Hadassah, she served as VP of Fundraising for several years, and currently serves as Treasurer. Active in Industrial/Commercial Real Estate Women (ICREW), Ms. Zager served as Treasurer for three years and then as President for two years. Following this statewide office, she served as a National Delegate to NNCREW, the national organization for commercial real estate women. Ms. Zager is active in the Atlantic Highlands Yacht Club in Atlantic Highlands, New Jersey. Ms. Zager’s experience as a licensed real estate broker in New Jersey and involvement in all elements of the commercial real estate market for over 30 years qualifies her for service as a director.

Charles Butrico

Charles F. Butrico Jr., is an Independent Director of Two Rivers Bancorp., the parent company of Two River Community Bank., , effective November 1, 2014. Mr. Butrico is employed by Computer Sciences Corporation (CSC), a provider of information technology services, as a Client Relationship Executive. He has been with that firm since 1996. Mr. Butrico has over 35 years experience in the information technology industry. Mr. Butrico also served as a Councilman of the Borough of South Plainfield, New Jersey from 2002 to 2006, and its Mayor from 2007 to 2010. He sat on a number of boards including the Planning Board, and the Business Persons Advisory Board. Mr. Butrico is a graduate of Rutgers University where he obtained a bachelor’s degree in Business Management, graduating with high honors. Mr. Butrico is qualified to serve on the Board of Directors because his public service experience in Middlesex County, New Jersey, including his time as Mayor of South Plainfield, will benefit the Board and the Company. In addition, his expertise in information technology is valuable to the Board.

Robert Gregory

Mr. Robert E. Gregory is an Independent Director of Two Rivers Bancorp. Mr. Gregory has been the President of NJ Galvanizing and Tinning Works, Inc. since 1982. In that capacity, Mr. Gregory is responsible for all budgeting and financial reporting. Mr. Gregory is an active member of numerous trade and non-profit organizations and is a past president of the Newark Ironbound Manufacturers Association. Mr. Gregory is a graduate of Marquette University where he obtained a bachelor’s degree. Mr. Gregory’s substantial experience as CEO of an industrial company with national clientele allows him to bring to the Board extensive managerial and financial ability. He is actively involved in Union County community activities and we believe his advocacy on behalf of the bank facilitates new business opportunities.

Robert Grossman

Dr. Robert B. Grossman, M.D., is an Independent Director of Two Rivers Bancorp. Dr. Grossman is an orthopedic surgeon and partner with Shore Orthopaedic Group. Dr. Grossman is a licensed medical doctor in New Jersey and Colorado. He became Board Certified in orthopedic surgery in 1978, and is currently affiliated with Monmouth Medical Center, Riverview Medical Center and Drexel University. Dr. Grossman is a Fellow of the American Academy of Orthopaedic Surgery, the American Academy of Surgery, the American Sports Medicine Society and a past multi-term councilor at the Arthroscopic Association of North America, and the State Orthopedic Society. Dr. Grossman is a past president of the New Jersey Orthopaedic Society. He is a past consultant to the U.S. Soccer Federation World Cup Junior Team and a consultant at the U.S. Olympic Facility in Colorado. He was one of the founders and a member of the Board of Directors of Tinton Falls State Bank. He is the past President and past Chairman of the Board of the Jewish Federation of Greater Monmouth County, and is also the Campaign Chairman for Jewish Charities of Monmouth County.

William LaMorte

Mr. William F. LaMorte is Independent Director of Two Rivers Bancorp. Mr. LaMorte has been the President of Ronstan Paper & Packaging Company, Inc. for the past 38 years. Ronstan Paper is a distributor of packaging materials, paper and janitorial products based in Eatontown, New Jersey. Mr. LaMorte is a past President of Monmouth Center for Vocational Rehabilitation and the MCVR Foundation, Inc. He is also a past President of ARC of Monmouth County. Mr. LaMorte received his B.S. degree in Business Administration from Western New England University. Mr. LaMorte’s experience qualifying him for service as a director includes 38 years of business and management experience gained while running a paper and packaging distribution company. He has also been an active volunteer leader and advisor within the local non-profit community.

Joseph O'Sullivan

Mr. Joseph F. X. O'Sullivan is an Independent Director of Two Rivers Bancorp. Since 2009, Mr. O’Sullivan has been a senior executive with Fleetwood Financial Leasing, LLC. Mr. O’Sullivan previously served as Chairman and Director of the Board of Directors of The Town Bank until it was acquired by the Company in 2006. From 1979 to 1985, Mr. O’Sullivan was a Principal Managing Director serving as Chief Credit Officer and Syndication Manager for Vendor Funding, an equipment finance company, until the business was acquired in 1986 by First NH Banks, an operating unit of Bank of Ireland. He continued to serve in those capacities as Executive Vice President until becoming Chief Financial Officer in 1990. In 1992, he became President of Credit America Corp., which specialized in equipment leasing and commercial finance in the petroleum industry. He served there until 1995, when he became Principal Managing Director of Fleetwood Financial Corp., an equipment leasing company. He served in that capacity until 2006, when Fleetwood Financial was acquired and transitioned into a bank-owned captive leasing operation. Mr. O’Sullivan served as Executive Vice President of Syndication and Risk Management of this operation until 2009, when the business was reacquired by Mr. O’Sullivan and senior management under Fleetwood Financial Leasing, LLC

William Statter

Mr. William Statter is an Independent Director of Two Rivers Bancorp. Mr. Statter is the former owner of Rumson Pharmacy, located in Rumson, New Jersey. Mr. Statter is a former member of the Community Advisory Board of Tinton Falls State Bank. He is the former President of the Rumson Board of Health and a former member of the Rumson Juvenile Conference Committee. At this time, Mr. Statter is the Chairman of the Board of Trustees and Executive Director of Compassionate Sciences Alternative Treatment Center. He also serves on the Parker Family Health Center Board of Directors. Mr. Statter is a graduate of the University of Maryland School of Pharmacy. Mr. Statter’s over 40 years of successful business ownership and management in the local community, primarily in the retail pharmacy environment, enable him to provide counsel to the board in considering new retail products and in evaluating a variety of credit requests.

Andrew Vitale

Mr. Andrew A. Vitale, CPA, is an Independent Director of Two Rivers Bancorp. Mr. Vitale is a Certified Public Accountant and the Partner-in-Charge of WithumSmith+Brown’s (WS+B) Red Bank office. Founded in 1974, WS+B is an accounting and consulting firm with over 500 professionals across six states. Upon joining WS+B in 1985, he co-founded the firm’s Red Bank office and established and expanded the firm's presence in the greater Monmouth County area. Mr. Vitale has over 35 years of professional accounting and business consulting experience serving a variety of companies and industries. His expertise is focused in providing services such as succession planning, acquisitions and divestitures and assisting clients with financial arrangements through banks, investment brokers and financial institutions. He is a member of the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants. Mr. Vitale is also very active in community affairs, serving as chairman and on the Finance Committee of the Brookdale Community College Foundation.