Denver, CO – February 16, 2023 – InBank, a growing independent commercial bank serving the Colorado Front Range, southern Colorado, and northern New Mexico markets, announces today that it has added Steve Shear and Liz Pike, two talented and experienced bankers, to its leadership team.

“The addition of Steve and Liz to our senior leadership team is another great win for the InBank team. Their talent and leadership will help us achieve several strategic objectives that will continue to fuel our organic growth,” says Ed Francis, Chairman and CEO of InBank. “Steve and Liz bring a wealth of experience in building teams that drive core deposit growth. Their expertise in retail and private banking leadership will help expand our service offerings in these areas as we strive to build market share. They are a great complement to our team that has had a strong track record of success.”

 

Steve Shear joins InBank as Chief Deposit & Private Banking Officer. Steve will be responsible for managing InBank’s overall deposit function. He will also lead InBank’s Private Banking division, focused on delivering custom banking solutions to business owners and high net worth individuals. Prior to joining InBank, Steve was the Executive Vice President, Director of Treasury & Commercial Services at Central Bank & Trust and has held leadership positions at First Western Trust and J.P. Morgan Chase.

 

“I am thrilled to be joining InBank at such an exciting time,” stated Steve. “I look forward developing strategies to support our new and existing clients, and contributing to the Bank’s continued growth in the markets we serve.”

Liz Pike joins InBank as Senior Vice President, Director of Retail Banking. She will be part of the Bank’s senior leadership team and responsible for leadership, strategy development and implementation, and direct oversight of branch operations for the InBank retail banking team. Prior to joining InBank, Liz was a Senior Vice President and Head of Retail Banking for Citywide Banks.

“I am pleased to be a part of such a service-oriented and enthusiastic team,” added Liz. “I look forward to collaborating with this outstanding group of bankers and building on our already great service culture.”

 

About InBank

InBank is the wholly-owned subsidiary of InBankshares, Corp (OTCQX:INBC), a Colorado headquartered bank holding company. InBank is an independent commercial bank growing throughout the Colorado Front Range and serving southern Colorado and northern New Mexico markets. At December 31, 2022, InBank had $1.24 billion in total assets. InBank offers a full suite of commercial, business, personal, mortgage and private banking solutions with a focus on personalized service, technology and local decision-making. InBank was built on the entrepreneurial spirit and is led by a team of experienced banking professionals committed to the mission of positively impacting the lives of its customers, communities and associates. For more information, visit www.InBank.com.

 

Forward-Looking Statements

This press release contains, among other things, certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements preceded by, followed by, or that include the words “may,” “could,” “should,” “would,” “believe,” “anticipate,” “estimate,” “expect,” “intend,” “plan,” “projects,” “outlook” or similar expressions. These statements are based upon the current belief and expectations of InBank’s management team and are subject to significant risks and uncertainties that are subject to change based on various factors (many of which are beyond InBank’s control). Although InBank believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove to be inaccurate. Therefore, InBank can give no assurance that the results contemplated in the forward-looking statements will be realized. The inclusion of this forward-looking information should not be construed as a representation by InBank or any other person that the future events, plans, or expectations contemplated by InBank will be achieved.

 

All subsequent written and oral forward-looking statements attributable to InBank or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. InBank does not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date the forward-looking statements are made, except as required by law. # # #