InBankshares, Corp And InBank Announce Dan Patten As Government Vice President & Chief Fiscal Officer

DENVER, April 12, 2021 /PRNewswire/ — InBankshares, Corp (OTCQX: INBC) and its wholly owned subsidiary InBank, an unbiased commercial lender growing during the Colorado Entrance Variety and serving southern Colorado and northern New Mexico marketplaces, announce today that they have included veteran banking and finance government, Dan Patten, as Govt Vice President and Main Monetary Officer (CFO).

Patten has over 20 many years of working experience in corporate finance, technique, mergers and acquisitions, and public and personal fairness and financial debt financings, including 15 several years as a finance govt in the professional banking market and more than 9 a long time as a chief money officer. Most just lately, Patten held the position of Govt Vice President, Finance and Corporate Advancement, for Heartland Monetary United states, Inc., a diversified financial services enterprise with somewhere around $18 billion in belongings.

“It is a wonderful satisfaction to welcome Dan to our government management workforce as our new CFO. Dan’s deep knowledge in company finance and M&A will insert significant knowledge and ability to our group. His tenure and sturdy ties to the Colorado small business neighborhood will also greatly enhance our capacity to continue attracting top talent to InBank,” says Ed Francis, Chairman of the Board, President and Chief Executive Officer for InBankshares, Corp and InBank. “Dan’s talents will be very valuable in supporting us acquire methods to enrich shareholder worth and positioning the business for future expansion chances.”

As Executive Vice President and CFO, Patten will be liable for all finance, accounting, treasury, company development and strategy functions of the firms.

“I am thrilled to be signing up for InBank at this kind of an fascinating time in its growth,” says Dan Patten, Government Vice President and Chief Monetary Officer for InBankshares, Corp and InBank. “I appear ahead to contributing to the organization and partnering with Ed, the government management staff and the overall firm to assistance speed up the momentum, broaden the strategic finance operate and carry on to establish shareholder benefit.”

Patten holds a Grasp of Small business Administration with an emphasis in finance and entrepreneurship from the College of Colorado at Boulder Leeds University of Business enterprise and a Bachelor of Science in Mechanical Engineering from the University of Colorado at Boulder.

About InBankshares, Corp

InBankshares, Corp (OTCQX: INBC) is the keeping corporation for InBank, an impartial industrial financial institution growing throughout the Colorado Front Assortment and serving southern Colorado and northern New Mexico marketplaces. InBank gives a complete suite of business, company, individual and mortgage banking solutions with a emphasis on individualized services, technologies and local decision-generating. InBank was designed on the entrepreneurial spirit and is led by a workforce of professional banking pros dedicated to the mission of positively impacting the life of its buyers, communities and associates. For extra data, check out www.InBank.com.

Ahead-Hunting Statements

This push launch is made up of, among other things, sure forward-on the lookout statements inside of the that means of the Private Securities Litigation Reform Act of 1995, such as, with out limitation, statements preceded by, adopted by, or that incorporate the terms “might,” “could,” “really should,” “would,” “consider,” “anticipate,” “estimate,” “anticipate,” “intend,” “approach,” “jobs,” “outlook” or comparable expressions. These statements are dependent on the present-day perception and expectations of InBankshares, Corp’s management crew and are subject matter to significant hazards and uncertainties that are topic to modify primarily based on numerous aspects (numerous of which are further than InBankshares, Corp’s regulate). Although InBankshares, Corp thinks that the assumptions underlying the ahead-looking statements are fair, any of the assumptions could confirm to be inaccurate. Therefore, InBankshares, Corp can give no assurance that the success contemplated in the ahead-on the lookout statements will be realized. The inclusion of this ahead-seeking information and facts should really not be construed as a representation by InBankshares, Corp or any individual that the future gatherings, plans, or expectations contemplated by InBankshares, Corp will be realized.

All subsequent written and oral forward-searching statements attributable to InBankshares, Corp or any individual acting on its behalf are expressly capable in their entirety by the cautionary statements over. InBankshares, Corp does not undertake any obligation to update any ahead-looking assertion to reflect instances or situations that happen right after the day the ahead-hunting statements are built, apart from as demanded by regulation.

InBank is an Equal Housing Lender and Member FDIC.

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Source InBankshares, Corp