Orrstown Bank has scooped up three executives from the former Metro Bank, which was swallowed earlier this year by Pittsburgh-based F.N.B. Corp.
The three executives will be overseeing growing lines of business for Orrstown, including residential mortgages and commercial real estate lending, said Mark Bayer, a spokesman for the Shippensburg-based bank.
Adam Metz has been hired as an executive vice president and chief lending officer; Doug Hummer as a senior vice president and chief mortgage officer; and Andrew Johnson as a senior vice president and co-director of commercial real estate.
The three men bring a combined 54 years of banking experience and will be working out of Orrstown’s new office in Swatara Township, Dauphin County, Bayer said.
Metz, the chief lending officer, will report to Orrstown’s president and CEO, Thomas R. Quinn Jr., and will function sort of like a COO, Bayer said. Orrstown has not had a COO for several years, he added.
Hummer, the chief mortgage officer, fills a new position for the bank, Bayer said, one necessitated by growth in mortgage lending. Orrstown closed mortgages totaling $110.3 million in 2015 and is on pace to do more this year, having already closed $101.5 million.
“With the interest-rate environment, business is very, very good,” Bayer said.
Mortgage lending had been led by Philip Fague, an executive vice president who also oversees trusts and wealth management at subsidiary Orrstown Financial Advisors.
“We needed to separate those roles,” Bayer said.
Johnson, the co-director of commercial real estate, will work alongside Orrstown exec Zach Flynn.
“With the growth and our expansion into some other counties, there’s business opportunities out there, and we were just looking for additional leadership to help grow that,” Bayer said.
In addition to the regional office in Dauphin, Orrstown has made recent moves in Lancaster and Berks counties.
The bank is the chief operating subsidiary of Orrstown Financial Services Inc. in Shippensburg.