Credit Management Services

Brian Yarrington

Mr.Yarrington has over 20 years of banking and bank management experience.  He started his banking career with First National Bank of Omaha.  Mr. Yarrington worked for several community banks throughout the western U.S. holding senior management positions such as Regional President and Chief Executive Officer.  As an independent consultant for the past 6 years, he has handled special asset projects, loan sales, compliance audits, loan reviews, due diligence analysis, and has placed several executive level candidates at community banks.  Mr. Yarrington received a Bachelors degree in Finance from the University of Nebraska-Lincoln.  His background of senior-level bank management allows him to bring a banker’s perspective to the other side of the desk. 

Mike Ambrose

Mr. Ambrose has 20 years of financial institution experience. Prior to joining Credit Management Services, Mr. Ambrose spent 7 years with Jackson State Bank in Jackson Hole, Wyoming.  While with the bank, he performed a wide variety of banking functions, including commercial lending, small business administration lending, and credit analysis.  After leaving the Jackson State Bank, he joined RSM McGladrey as a financial institution consultant, specializing in risk management services for financial institutions with a concentration in credit review for community banks. After RSM McGladrey, Mr. Ambrose spent 4 years with Hutchinson and Bloodgood LLP as Director of Financial Institutions in Glendale, CA performing internal and external credit reviews, internal audits, and compliance reviews for community banks in the Southern California market. He has been with CMS since 2009.  Mr. Ambrose recently spent an 18-month period on assignment with one of our client banks performing credit administrator and chief credit officer functions.  He provides a well-rounded perspective to each project.

Jonnie Mitchell

 Ms. Mitchell has been in banking for over 40 years, working in operations, lending, systems administration and loan review.  Ms. Mitchell has helped design and implement (as project manager) automated loan collection and origination systems. She has made use of her Masters degree in Education in teaching high school and community college, as well as training bank employees in procedures and policies. Ms. Mitchell has also written policies and procedures pertaining to all aspects of banking.  During her tenure in loan review, Ms. Mitchell has managed all aspects of credit review from preparation through examination to reporting processes. Her over 25 years of experience as an independent bank examiner have exposed her to every type of loan in every type of bank. As the longest-term member of the CMS team, she brings continuity and knowledge of customer needs.

Jerry Carlson

After completing his MBA at Pepperdine, Mr. Carlson assumed the position of Senior Loan Officer at Goleta National Bank doing credit underwriting and various administrative tasks. Later he successfully negotiated and settled sizable and complex work-out credits during his four years at Ventura County National Bank. At Glendale Federal, Jerry managed on-site, state-wide loan reviews of separate units including real estate investment, agribusiness, commercial lending, asset based credit facilities, and SBA lending. At People's Bank, LA, he managed the department responsible for servicing, documentation, quality control, collections and special projects. Jerry has several years experience as an executive consultant and acting senior credit officer for independent banks. Jerry also holds an LLB degree.

Randy Strickley

Randy Strickley joined CMS in 2011 having spent 25 years in commercial banking with Bank of America and 5 years with Bank of the West and Far East National Bank.   His experience in banking spanned credit risk management, credit review and corporate banking.  He has performed due diligence, data integrity audit, and loan review services on banks across the United States.  In addition to his banking experience, he was Chief Financial Officer for Todd-AO Corporation.  Randy earned his BA in economics from University of California at Irvine, and MBA in accounting/finance from UCLA.

Ken Wentzel

A seasoned banker, Mr. Wentzel began his banking career in 1969 as a corporate account officer at what is now Union Bank of Calif.  His career has taken him through positions of increasing responsibility including that of Chief Credit Officer for several Southern California lending institutions ranging in size from an Internet start-up to institutions with assets of approximately five hundred million.  In these positions, he was responsible for the development of internal loan policies, compliance with all regulatory guidelines, and the comprehensive risk management of the institution.  Ken is a graduate of the U.S. Air Force Academy and holds an MBA degree from Pepperdine University.

Jay Frink

Mr. Frink graduated from Northern State University in Aberdeen, SD with a B.S. degree in Finance, Management and Economics.  Jay was employed by the Office of Thrift Supervision as a bank examiner for 12 years while residing in Sioux Falls, SD.  He then served as President of First Federal Bank for 12 years in Beresford, SD.  Most recently, he worked as a Loan Review Specialist with the FDIC in Omaha, NE.  Jay brings extensive knowledge of numerous types of bank credits, loan allowance methodology, and he maintains a Certified General appraisal license.

Periodically, other auditors help our firm on an as-needed basis.  We have access to 10-12 quality examiners at any given time to be able to accommodate any size project.

Our typical review team consists of 3-6 people.  We have had teams as large as 12 at some of our larger clients or on time-constrained due diligence projects.  It is our firm belief that the smaller we can keep the team at your bank, the more we can manage the quality of the finished product.  Smaller teams also tend to seem less intrusive to the client's working environment.  The required number of people for a credit review is determined by two factors:  the number of loan relationships being reviewed and the on-site time allowed for review.