Above (from left): Shannon Price, Jonathan Cole
First Community Bank has announced Shannon Price’s promotion to vice president and appraisal review manager and Jonathan Cole’s appointment to senior vice president and director of appraisal services.
In a release announcing the moves, the bank said the leadership changes are a direct result of the bank’s continued growth, leading to a departmental restructure and expanded responsibilities for Price and Cole.
“I am excited about this new opportunity, and I’m grateful for the recognition,” said Price. “I look forward to continuing to grow with First Community Bank and to supporting our mission to serve our community.”
Cole, who began his appraisal career in 2004, brings two decades of professional experience to his new role. He currently serves as the president of the Arkansas Chapter of the Appraisal Institute through which he earned his first of several appraisal designations.
“I am honored by this new title, and I am committed to upholding the highest standards in appraisal management ensuring that we provide the best service to our clients,” saud Cike,
Michelle Reesor, executive vice president, chief risk officer at First Community Bank, shared: “Both Shannon and Jonathan have shown exceptional dedication and expertise in their field. These changes within the department will ensure continued success under their leadership.”
The appraisal department at First Community Bank plays a vital role in risk management by ordering, coordinating, and reviewing over 300 appraisals each month. The department collaborates closely with loan officers, their assistants, the loan review team, and the document preparation department to ensure accuracy and compliance throughout the appraisal process.
Images provided by First Community Bank
Have a news tip or event to promote? Email White River Now at news@whiterivernow.com. Be sure to like and follow us on Facebook and Twitter. And don’t forget to download the White River Now mobile app from the Google Play Store or the Apple App Store.
Get up-to-date local and regional news/weather every weekday morning and afternoon from the First Community Bank Newsroom on Arkansas 103.3 KWOZ. White River Now updates are also aired weekday mornings on 93 KZLE, Outlaw 106.5, and Your FM 99.5.
