S&T Bank Expands New Loan Production Office in Rochester, New York; Appoints Patrick Tobin as Senior Vice President, Market Executive, and Commercial Banking Regional Manager
January 14, 2015 at 07:30 pm IST
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S&T Bank announced its expansion into western New York with the opening of a new loan production office located on 242 West Main Street. S&T Bank welcomes Patrick Tobin as Senior Vice President, Market Executive, and Commercial Banking Regional Manager. Patrick Tobin comes to S&T Bank with more than three decades of executive experience in banking, finance and real estate development.
Tobin's responsibilities will encompass new business development and managing commercial banking relationships. In his previous position as President of Living Communities, LLC. Tobin is an active member of several zoning, development and advisory boards in the city of Rochester.
S&T Bancorp, Inc. is a bank holding company. The Companyâs segments include Commercial Real Estate (CRE), Commercial and Industrial (C&I), Commercial Construction, Business Banking, Consumer Real Estate and Other Consumer. The CRE segment includes loans secured by commercial purpose real estate, including both owner-occupied properties and investment properties for various purposes such as hotels, retail, multifamily and healthcare. The C&I segment includes loans made to operating companies or manufacturers for the purpose of production, operating capacity, accounts receivable, inventory, or equipment financing. The Commercial Construction segment includes loans made to finance the construction of buildings or other structures, as well as to finance the acquisition and development of raw land for various purposes. The Business Banking segment includes commercial loans made to small businesses. Consumer Real Estate segment includes loans secured by first and second liens.
S&T Bank Expands New Loan Production Office in Rochester, New York; Appoints Patrick Tobin as Senior Vice President, Market Executive, and Commercial Banking Regional Manager