Charles T.

Ruffin 5701 Regency Court South * Mobile, AL 36609 * 251-458-3358 *

cr674636@westpost.net

Profile
Accomplished executive equipped with an M.B.A. and 14 years of experience as a C
EO, CFO, COO, Board of Directors member, and military and community leader. Pos
sesses a track record of establishing operational and financial infrastructure,
spearheading the startup of profitable organizations, and turning around unprofi
table enterprises. Expertise encompasses:
* Commercial Lending
* Credit Administration
* Operations Management
* Strategic Planning
* Financial Analysis
* Profit/Loss Responsibility
* Investment/Portfolio Management
* Risk Management
* Budget Preparation
* Contract Negotiations
* Product Development/Marketing
* Financial Software/System Selection
* Information/Network Security
* Disaster Preparedness/Recovery
* Human Resources
* Training/Counseling
Highlights
Guided Bay Bank to deliver earnings at peer group levels-a goal not met by the t
wo previous CEOs-by executing operational strategy and realigning operations; cu
t losses from $450K to $200K in the first year, then achieved 40-43% growth in 2
004 and 2005, 18-20% in 2006-2007, and 11% in 2008.
Supervised a loan portfolio of $65M and achieved growth of $40M over an eight-ye
ar period. Led oversight of five junior lenders, loan collections, OREO, loan p
ricing, ALLL calculations and analysis, Fair Lending, loan policy development, a
nd implementation of global cash flow analysis. Maintained a secured lending li
mit of $400M with an unsecured lending limit of $100M.
Secured regulatory approval to open Bay Bank's first branch/operations center, d
espite a regulatory agency CAMELS rating that did not support approval; the new
location produced 33% of the bank's $60 million in deposits and 50% of its loans
, becoming its most profitable financial center.
Earned a "perfect rating" from independent rating firm Vining Sparks based on ef
fectiveness in delivering best overall asset-liability management.
Propelled The First Bancshares, Inc. from $0 to $150M within five years of start
up, expanding from a single office into an organization comprised of two sister
banks (The First National Bank of South Mississippi and The First National Bank
of the Pinebelt), five profitable offices, and approximately 40 employees.
Sustained FNBSM's competitive advantage within the region by leveraging new tech
nology; pioneered the introduction of the market's first fully interactive onlin
e Internet banking and telephone banking using voice recognition technology.
Directed highly profitable business development efforts, providing responsive, p
ersonalized service and creating new products, such as the region's first "Check
Free" deposit account, which resulted in 1,300+ new accounts for FNBSM.
Was named one of Aberdeen, Mississippi's Top 100 Leaders of the 20th Century and
Junior Auxiliary Citizen of the Year.
Career Track
President & Chief Executive Officer | Bay Bank & BCB Holding Company, Inc. 2002
-2010
Oversaw all lending functions, bank operations, regulatory compliance, communica
tions, and deposit products. Directed asset-liability management initiatives.
Managed income statements and balance sheets. Interviewed, hired, and mentored
office staff. Served as investment officer; selected sites for two financial ce
nters and the main office. Drove efforts to optimize existing resources, improv
e earnings, increase efficiencies, and ensure Bay Bank would not be involved in
sub-prime loans and collateralized debt obligations, nor have significant loan p
ortfolio investment in high-risk coastal condominiums.
Acquired $100M in assets, despite being handicapped by two unprofitable location
s in non-commercially viable areas.
Spearheaded two capital campaigns-one of which sold common stock at a 40% premiu
m to provide the $3M required to fund the bank's first main financial center in
Mobile, Alabama, a highly profitable, commercially viable area-and closing the l
east productive office.
Established a new loan production office that delivered $12M in new loan product
ion within two years.
Continues...
Charles T. Ruffin 251-458-3358 * cr674636@westpost.net * Page Two

Career Track - Continued

President & Chief Operating Officer | First National Bank of South Mississippi
1998-2002
Designed and implemented day-to-day operational policies and procedures as well
as the general ledger accounting system. Hired and trained operational staff.
Negotiated all major purchasing contracts. Analyzed and selected a data process
ing system, loan/deposit platform, and proof capture. Developed deposit account
s to be offered based on the needs of niche markets. Created in-house sales and
marketing programs that supported the bank's first five years of existence. Ma
naged lending, sales, deposit operations, data processing, investment accounting
, and branch operations for up to four locations. Served as a senior lender (wi
th secured lending limit of $100M and unsecured lending limit of $50M) and membe
r of the senior loan committee at the bank and board levels.
Produced $36K in fees each year by selecting sites and establishing four ATMs.
Saved $30K-$60K annually for the mortgage department by identifying and eliminat
ing operating inefficiencies and delivered annual savings of $12K by revamping t
he procedure for processing official bank checks.
Chief Financial Officer & Executive Vice President | The First Bancshares, Inc
. 1996-2002
Spearheaded the design and layout of all physical locations. Directed the devel
opment of an enterprise-wide day-to-day operational system for all banking locat
ions. Hired and trained bank managers and employees, some of whom had minimal o
r no community banking experience. Served on the Board of Directors and perform
ed all executive financial duties, including SEC, 10Q, 10K, and Federal Reserve
reports.
Recommended the site for a new main office that was projected to generate net pr
ofit of $1.3M after selling the property adjacent to the bank's location.
Boosted enterprise-wide productivity by linking all branches via a WAN featuring
Voice over Frame Relay data communications.
Senior Vice President & Senior Credit Officer, Aberdeen Center | National Bank
of Commerce of Mississippi 1991-1996
Managed the credit and loan operations functions of a $50M banking center and co
ntributed to profitability as sales manager for private business accounts receiv
able financing. Oversaw the banking center's officer call program.
Managed the loan function for the most profitable branch in the system.
Met all loan goals for credit and collateral exceptions; achieved net loan recov
eries in three of five years.

Education/Credentials
Graduate School of Banking of the South, Louisiana State University
Master of Business Administration, University of Southern Mississippi
Bachelor of Arts, University of Mississippi
Insurance Licenses, Life and Health; Property and Casualty

Additional Leadership Roles

Board of Directors: BCB Holding Company, Inc.; Bay Bank; Bay Area Food Bank; Be
tter Business Bureau of Mobile; The First Bancshares, Inc.; First National Bank
of the Pine Belt; Greater Hattiesburg Home Builders Association; Lamar County Ch
amber of Commerce (Chairman of the Board)
Member: Downtown Rotary Club of Mobile; Lion's Club of Mobile; Exchange Club of
Hattiesburg; Chamber of Commerce (President, Vice President, Director); Public a
nd Private Focus Group (Chairman); Economic Restructuring Committee (Director)
United States Air Force: Retired Lieutenant Colonel, Officer in Charge of Inform
ation Management, Administrative Officer, Company Executive Officer, Resource Ma
nagement Officer, Equal Opportunity/Race Relations Officer, Personnel Officer, B
udgeting Officer