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SFC Bank hires industry vets

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Springfield First Community Bank added two industry veterans to its leadership ranks.

Marc Mayer and Eric Gerke joined the company as senior vice presidents of commercial banking. They’ll be in charge of managing commercial business and real estate loans, according to a news release.

“The combined background and talents of both, along with their exceptional customer service skills, align well with SFC’s mission and dedication to our clients,” SFC Bank CEO Rob Fulp said in the release.

Mayer has more than 16 years of experience, with Gerke bringing some 14 years of banking industry background to SFC Bank.

Mayer, according to his LinkedIn profile, comes to SFC Bank from Great Southern Bank, where he spent more than 13 years and served as vice president, working on commercial loans. Gerke most recently was a senior vice president at Commerce Bank and also has past experience at BancorpSouth, UMB Bank and Regions Bank, according to his LinkedIn profile.

The release credited Mayer with managing multimillion-dollar commercial loan portfolios, and it indicated Gerke “has a solid foundation of banking and commercial lending.”

Mayer and Gerke join 10 other executives on SFC Bank’s management team. They are:
• Fulp;
• Monte McNew, president;
• Kirk Bossert, chief financial officer;
• Amy Kiefer, chief operating officer and executive vice president;
• Becky Scorse, chief lending officer and executive vice president;
• Whitney Morrow, senior vice president of treasury services;
• Heather Ramsey, senior vice president of private banking;
• DeAnn Floyd, chief credit officer and senior vice president;
• Nick Spinelli, information technology officer and senior vice president; and
• Tyler Stalker, senior vice president and residential lending manager.

The company has a 12-member board, which includes Fulp, McNew and Bossert, according to SFCBank.com.

Moline, Illinois-based QCR Holdings Inc. (Nasdaq: QCRH) acquired SFC Bank in July 2018 for $90.7 million. SFC Bank maintained its name and local leadership, according to past Springfield Business Journal reporting.

Last year, QCR’s net income came to roughly $43 million, up 20.8 percent from $35.7 million in 2017. As of Dec. 31, 2018, SFC Bank’s assets were $632.8 million and deposits were $450 million, according to QCR’s 2018 earnings news release.

QCRH shares were trading at $34.09 as of 9:08 a.m., compared with a 52-week range of $30.15 to $49.60.

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