Opus Bank Expands Northern California Commercial Banking Team

- James Hatter Joins as Senior Vice President, Senior Client Manager -

IRVINE, Calif.--(BUSINESS WIRE)-- Opus Bank (“Opus”) (NASDAQ: OPB) announced today that James Hatter has joined Opus as Senior Vice President, Senior Client Manager – Commercial Banking. Mr. Hatter, a 30-year banking veteran, is responsible for expanding Opus’ commercial and corporate client base in the San Francisco Bay Area.

Geoff Anfuso, Executive Vice President, Co-Chief Lending Officer, Head of Commercial and Specialty Banking, stated, “We are proud to have James join Opus’ Commercial Banking team in the San Francisco Bay Area. James is a highly regarded banker in the region with deep ties to the middle market and a wealth of experience delivering working capital lines of credit, treasury management, and owner occupied real estate lending solutions.” Mr. Anfuso added, “We look forward to James’ contribution as Opus continues to grow its overall relationship-based commercial banking franchise.”

Mr. Hatter joins Opus most recently from BBVA Compass, where from 2013 to 2016 he served as Market President for the San Francisco Bay Area and had the overall responsibility of originating and building the bank’s middle market commercial banking business. From 2007 to 2013, Mr. Hatter served as Senior Vice President at Bank of the West, where he focused on developing new client relationships with middle market companies and private equity sponsors. From 2005 to 2007, Mr. Hatter served as Director, Senior Manager at Citigroup Global Wealth Advisory, where he originated asset-based, secured, and unsecured senior debt transactions. Earlier in his career, Mr. Hatter served as Senior Vice President and regional manager at Merrill Lynch Capital, Heller Financial, and Fleet Capital Corporation, where in each case he was responsible for building and leading a team and originating new business opportunities with middle market companies in the San Francisco Bay Area. Mr. Hatter began his banking career in 1987 at Barclays Bank PLC, where he served as Director, General Manager within the Investment Banking division. Mr. Hatter holds a Bachelor of Science degree in Investment Finance from California State University, Northridge and an M.B.A from Pepperdine University.

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About Opus Bank
Opus Bank is an FDIC insured California-chartered commercial bank with $7.3 billion of total assets, $5.1 billion of total loans, and $6.1 billion in total deposits as of September 30, 2017. Opus Bank provides superior ideas and solutions, and banking products to its clients through its Retail Bank, Commercial Bank, Merchant Bank and Correspondent Bank. Opus Bank offers a suite of treasury and cash management and depository solutions and a wide range of loan products, including commercial, healthcare, media and entertainment, corporate finance, multifamily residential, commercial real estate and structured finance, and is an SBA preferred lender. Opus Bank offers commercial escrow services and facilitates 1031 Exchange transactions through its Escrow and Exchange divisions. Opus Bank provides clients with financial and advisory services related to raising equity capital, targeted acquisition and divestiture strategies, general mergers and acquisitions, debt and equity financing, balance sheet restructuring, valuation, strategy and performance improvement through its Merchant Banking division and its broker-dealer subsidiary, Opus Financial Partners, LLC, Member FINRA/SIPC. Opus Bank’s alternative asset IRA custodian subsidiary has over $16 billion of custodial assets and approximately 52,000 client accounts, which are comprised of self-directed investors, financial institutions, capital raisers and financial advisors. Opus Bank operates 50 banking offices, including 31 in California, 16 in the Seattle/Puget Sound region in Washington, two in the Phoenix metropolitan area of Arizona and one in Portland, Oregon. Opus Bank is an Equal Housing Lender. For additional information about Opus Bank, please visit our website: www.opusbank.com.

Forward-Looking Statements
This release may include forward-looking statements related to Opus’ plans, beliefs and goals, which involve certain risks, and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. The forward-looking information presented in this press release is not a guarantee of future events, and actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “intend” or “expect” or variations thereon or similar terminology. All such statements speak only as of the date made, and Opus undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

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Opus Bank
Mr. Jeff L. Leonard, 949-251-8146
SVP, Dir. of Corporate Strategy/Communications

Source: Opus Bank