Richard Napierkowski Senior Vice President

Call: (215) 496-9092
Email: pennantfinancial.com/contact

Mr. Napierkowski is a seasoned, dedicated, articulate and well-organized loan workout professional (C&I, Real Estate, Asset Based lending and syndicated loans) with over 25 years of experience in the banking industry, interfacing with all levels of executive management, the board of directors, external/internal auditors, federal and state regulators, and attorney clients.

Mr. Napierkowski exhibits excellent negotiating skills, advanced statistical ability and a thorough knowledge of both Bankruptcy and State Court litigation.

Additionally, he exhibits strong leadership skills in all aspects of credit policy administration. He was responsible for the retention of staff, inclusive of promulgating a training regime to meet the needs of the department while supporting development, growth, and success within the company.

Recently, Mr. Napierkowski was a Senior Vice President and Director of Special Assets for a newly acquired Community bank ($200.0 million) which quickly grew to approximately 5.0 billion dollars during his four-year tenure at this institution. This experience resulted in Non-Performing loan reductions from $140.0 million, at inception, to approximately $24.0 million dollars, with annual charge-off recoveries in excess of $2.0 million dollars and significant fee income while preserving the integrity of the portfolio and maintaining stringent expense control. He was responsible for establishing and writing the policies and procedures manual for the Special Assets Group. Mr. Napierkowski also participated in acquisition due diligence reviews and loan portfolio evaluations.

Additionally, Mr. Napierkowski participated in several executive-level credit-related committees within the Bank in addition to the quarterly loan watch list review process. He was directly responsible for maintaining the integrity of the ongoing loan impairment analysis.

Prior, to working at TD Bank, Successor in interest to the former Commerce Bank, Mr. Napierkowski was a Vice President and Senior Loan Workout Officer. He successfully managed a portfolio of 60 accounts and resolved approximately $200.0 million dollars in problem loans. Annual fee income approximated 1.0 million dollars, with charge-off recoveries in the $1.0 million to $3.0 million dollar range.

Professional Experience

Customers Bank (f.k.a New Century Bank) Phoenixville, Pa.
Senior Vice President – Director Special Assets Group | 2011 – 2014
Precision Loan Solutions, LLC / RN Financial, LLC
Senior Consultant | 2010 – 2011
TD Bank North
Vice President & Senior Loan Workout Officer | 2004 – 2010
Bank of America (f.k.a Fleet Boston Financial Corp. f.k.a Summit Bank, f.k.a United Jersey Bank) N.A., Princeton N.J. Vice President & Senior Workout Officer | 1990 – 2004
United Jersey Bank (f.k.a. Trevose Federal Savings, f.k.a. Century Bank acquired by UJB who was acquired by Fleet Bank then acquired by Bank of America)
Vice President | 1979 – 1990
KPMG (successor to Main, Hurdman et al. and Peat Marwick)
Senior Auditor | 1976 – 1979