Stamford's Patriot Bank Adds Senior Bankers

From Patriot Bank: Patriot Bank, N.A., has added two key executives to the company’s leadership, with David W. Christiansen joining as Executive Vice President and Senior Credit Officer and Kevin Ferryman joining as Senior Vice President & Director of SBA (Small Business Administration) Lending.

Mr. Christiansen joins Patriot from First American International Bank of New York, where he was also Executive Vice President & Chief Credit Officer. His experience in credit administration, credit risk management, underwriting, closing, loan servicing and portfolio management provides a useful foundation for his new role at Patriot. He previously held senior roles at National Cooperative Bank, Credit Agricole and JPMorgan Chase. Mr. Christiansen will replace Samuel Davis, who had announced his intention to resign after serving as Executive Vice President & Chief Credit Officer for nearly nine years. Mr. Davis was part of the turnaround team and instrumental in the resolution of asset quality issues, when the Bank was acquired in 2010.

Kevin Ferryman’s role as SVP & Director of SBA Lending will be to build Patriot’s East Coast SBA loan business, both organically and through the integration of the pending West Coast acquisition of Hana Small Business Lending, Inc. He was most recently Head of SBA Lending for Citizens Bank, one of the largest SBA Lenders in the United States. Under his leadership, SBA production increased over 500% in four years. He previously led SBA lending initiatives at Capital One Bank and JPMorgan Chase.

“At Patriot Bank, building scale and franchise value remains on track, and several key additions to our management team add specialization and depth in preparation for building our national SBA lending platform,” said Patriot Bank CEO Michael Carrazza.

Richard Muskus, Patriot’s President, added: “We are building from a strong foundation, with the key new Patriot banking leaders announced today enhancing our lending and deposit gathering strategies. We are well prepared to see continued loan growth in our existing markets, expand to a national SBA lending platform, and build on our retail banking presence.”

About the Company

Patriot National Bancorp, Inc. is headquartered in Stamford, Connecticut and the Bank has full service branches in Connecticut and New York. Since opening its doors in 1994, the Company’s mission has been to serve our local communities by helping our neighbors and neighborhood businesses thrive. All lending is handled locally and is specific to each borrower, and the commitment to local businesses goes further to connect, support and grow businesses in both the for-profit and nonprofit sectors, along with municipalities. Patriot believes a well-connected community is a strong community—and that together, all will prosper.

Photos courtesy of Patriot Bank