Current deputy chief credit officer of Pinnacle Bank, Cliff Dennett, has been promoted to chief credit officer following the retirement of Robert Blatter.
Kelly Davis joined Pinnacle Bank as senior vice president and senior relationship manager. Before joining Pinnacle Bank, she was senior relationship manager in specialty banking for Boston Private Bank, a division of Silicon Valley Bank.
Jennifer Kuyper joined Pinnacle Bank as senior vice president and senior relationship manager. Kuyper previously worked for Wells Fargo, Tri Counties Bank, 1st Capital Bank and Pacific Valley Bank.
Mayra Marquez joined Pinnacle Bank as senior vice president and senior relationship manager. Marquez has more than 21 years of banking experience, previously working for Comerica Bank, Focus Business Bank and Wells Fargo Bank.
Truist Securities served as left lead arranger, Fifth Third Bank acted as joint lead arranger, Union Bank acted as syndication agent and Regions Bank acted as documentation agent on a $400 million revolving credit facility with a $150 million accordion for Anthem Entertainment.
Pinnacle Bankshares and Virginia Bank Bankshares will delay the previously announced merger of Virginia Bank with and into Pinnacle due to the COVID-19 pandemic.
KeyBank served as administrative agent and KeyBanc Capital Markets and BMO Capital Markets acted as joint lead arrangers and syndication agents for an amended and restated senior secured revolving credit facility of up to $375 million for Jernigan Capital.