John E. Phillips

John Phillips is the Chief Financial Officer (CFO) of both First American Bancorp and First American State Bank.  He is also the Secretary to the Board of Directors of both entities.

Mr. Phillips has worked in the banking industry since 1972.  Prior to beginning his banking career, he earned a Bachelor of Science (Business) degree from the University of Colorado – Boulder in 1971 and an MBA from CU- Boulder in 1972.

His experience in banking includes work at five different institutions in six cities, including Chicago, London England, Oklahoma City, Dallas, Houston and now Denver.  Prior to joining First American State Bank, Mr. Phillips was the President and CEO of Riverway Bank in Houston, Texas for 15 years.  During his stint at Riverway he contributed towards building the bank from $70 million to $700 million in size before presiding over the bank’s sale in 2002.

Mr. Phillips experience includes medium and large corporate lending, international construction finance, oil & gas reserve based lending, and community bank management as a Chef Lending Officer (CLO), Chief Financial Officer (CFO) and Chief Executive Officer (CEO).  In total, as of the year 2017 Mr. Phillips’ banking career spans 45 years, six cities and five banks.  Of his 45 years in the industry, 33 years have been served in a “C” level management position.