May 30th, 2018 • Press
BAUERFINANCIAL, the Nation’s Premier Bank Rating Firm, is proud to announce that Marquis Bank, Coral Gables, Florida has once again secured its highest, 5-Star rating. (A five-star rating indicates the bank excels in areas of capital adequacy, profitability, asset quality and much more.) In fact, Marquis Bank has earned and maintained this top 5-Star rating for 21 consecutive quarters.
Like Bauer, regulators agree that smaller institutions “are often better positioned than larger institutions to understand and quantify local real estate market values since they serve a smaller, more defined market area.” – Federal Register, April 9, 2018. “It makes perfect sense; local people who know the area are making local decisions based on that knowledge”, agrees Karen L. Dorway, president of BauerFinancial. “Community banks, like Marquis Bank, are banking on a better future together with their community.”
Established in 2007, Marquis Bank has been investing in the future of its community for 11 years. Today it operates through two conveniently located offices in Aventura and Coral Gables and can also be found online at marquisbank.com.
BAUERFINANCIAL, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.
May 25th, 2018 • Press
Coral Gables-based Marquis Bank, with more than $580 million in assets, announced that Elsa C. Soler was named Senior Vice president and Controller.
“Elsa brings extensive banking experience to the Marquis team and we are pleased to welcome her. Her abilities will complement our business as we continue to grow,” said Filip Feller, Executive Vice President and Chief Financial Officer.
Soler, a CPA with 30 years of banking experience in the local market, will supervise all stages of the accounting process, including budgeting, compliance and financial reporting. Prior to joining Marquis, she served as Senior Vice President and Controller at Gibralter
Private Bank & Trust. She has also held the controller position at Total Bank and BankUnited Financial Corp. Earlier in her career, she was Regional Finance Officer at Regions Financial Corp.
She received a graduate degree in banking from the Graduate School of Banking at Louisiana State University and a Master of Professional Accounting from the University of Miami. Soler earned a Certificate of Accounting from the University of Miami and a Bachelor of Business Administration at Florida International University with a degree in finance and international business.
May 2nd, 2018 • Press
Michael Teproff is retiring from Marquis Bank after a career of nearly 50 years in the banking industry. Mike has served as Senior Vice President and Controller since the bank’s inception in 2007.
“It was with great regret that we accepted Michael’s resignation. After all, he has been with Marquis Bank since it was founded more than ten years ago and his outstanding contributions are reflected in the tremendous success and growth of the bank. We wish him the best in his retirement,” said Javier Holtz, Chairman and CEO.
Teproff’s banking career took off immediately after graduating with an accounting degree from Boston University.
“The pay was only about $6,000 a year, but I was thrilled to have my first job. With my new banking experience under my belt, I was hired a year later in Miami as a teller at City National Bank. Over a six-year period, I transitioned into the role of internal auditor and my career evolved from there. My accounting degree got me into banking, but most of my banking knowledge has come through ‘learn-on-the-job’ experience,” Teproff said.
His career spanned several South Florida financial institutions, including Jefferson Bancorp for 17 years and Bank of Coral Gables, where he served as Senior Vice President and Controller.
Through the years, Teproff witnessed drastic changes in the industry, from watching big banks swallow community banks and the loss of jobs that followed, numerous technological changes, and increased regulatory requirements. Some changes brought challenges, some made tasks smoother.
“New technology made my job on the accounting side easier. Of course, it was a challenge to learn new programs and systems. But along with the good came all the risks associated with cyber security and the security of wire transfers,” he said. “Notably, increased regulatory requirements have complicated the bank controller’s job.”
Teproff plans to stay active in accounting with consulting work and spending time with his grandchildren and traveling.
Marquis Bank, with more than $580 million in assets, is a full-service community bank dedicated to serving business owners, professionals and investors. Marquis has successfully blended convenient state-of-the-art technology with personal attention to create an exceptional banking experience for its clients. For more information, please call (305) 443-2922 or visit www.MarquisBank.com
March 29th, 2018 • Press
Marquis Bank is pleased to announce the addition of Ryan Welsh to its Small Business Administration (SBA) Lending Division as Assistant Vice President and Small Business Loan Business Development Officer.
“Ryan is an excellent addition to our SBA team,” said SVP and Director of Marquis’ SBA Lending Division, Ricky Navarro. “His experience in helping small business owners achieve their goals will be an extremely valuable asset to the Bank as we strengthen our relationships with our customers and continue to provide effective lending solutions.”
A 15 year banking veteran, Welsh brings extensive knowledge in developing and managing loans and deposit portfolios. He most recently served as Assistant Vice President and Banking Center Manager at Bank of the Ozarks. He has also held business development and client management positions at C1 Bank, BankUnited and Wachovia Bank. Welsh attended Georgia State University, majoring in Finance and Sociology. He also sits on the Board of Directors for the Student Finance League, a financial literacy non-profit organization.
Marquis Bank is a member of the SBA Preferred Lender Program (PLP), which gives the Bank full delegation to make lending decisions on behalf of the SBA, in turn accelerate the funding timeline for SBA loans to qualified businesses. To earn PLP designation, lenders must establish a successful track record and display a thorough understanding of SBA lending policies and procedures.
Marquis Bank’s SBA Lending Division specializes in providing qualifying business owners with as much as 90% financing for the acquisition of owner–occupied commercial real estate for up to 25 years; fully amortizing. Additionally, through the SBA programs Marquis Bank can offer longer and more flexible loan terms for business acquisition as well as for the purchase of equipment, inventory, debt refinancing, and working capital.