During high school, while playing football and baseball, being a banker was the furthest thing from his mind.
Callen Borgias thought bankers were stuffy and uptight — much like those depicted in Mary Poppins. During college, he competed as an oarsman/stroke, and then worked as a geologist in Denver — “until the oil and gas industry imploded.”
Waiting for the oil and gas market to recover, he worked at a bank. But by the time it recovered, he was long since entrenched in the financial industry, discovering a passion for creating solutions for clients.
Borgias took time recently to tell CSBJ about himself and his organization.
Organization: Adams Bank & Trust
Position: Regional president
Hometown: Snohomish, Wash. (22-acre farm/hobby ranch 40 miles from Seattle). Before that, Chicago until I was 17.
How long have you lived in Colorado Springs: Commute daily from south Denver for now.
Education: Bachelor’s degree in geology, Western Washington University; MBA, University of Colorado at Denver.
A few words about your company: Adams Bank & Trust is a family owned bank that lives its core values of integrity, mutual respect and service for the benefit of individuals and the community.
Our company’s goals will be met by hard work, critical thinking and customized credit/deposit relationships founded on the spirit of partnership — all delivered with friendliness and professionalism. We will continue to introduce market leading innovative products such as our Smart-e and Super Smart-e checking accounts that pay up to 4 percent on deposits.
More than any other banking company I’ve worked for, Adams Bank & Trust truly cares about its employees, its customers and the communities it serves. It does the “right thing” even when no one is looking, or when no one will know.
Recent accomplishments: Achieving this position in the midst of what some have characterized as the most severe recession/financial crisis since the Great Depression.
Biggest career break: My first banking position with United Bank of Denver during 1985.
The toughest part of your job: Analyzing financial statements that exhibit negative factors in the midst of a weak economy, and developing a business case to extend credit, with a structure that mitigates risk.
Someone you admire: Mother Teresa, for grace, compassion and commitment. Theodore Roosevelt, for courage, perseverance and vision. Bill Gates, for creativity and entrepreneurship, but especially for philanthropy.
About your family: I have three daughters: Keegan, a senior, and Kylie, a junior — both at Baylor University in Texas; and Brooke, a senior in high school.
Something else you’d like to accomplish: Grow the AB&T southern Colorado region (Interstate 70 south) to $200 million (combined loans and deposits).
How your business will change during the next decade: Looking forward, I find myself cautiously bullish.
Although the repercussions on the banking and financial community continue to be played out, Colorado and Colorado Springs particularly have not suffered to the same degree as other regions.
Additionally, Adams Bank & Trust is financially strong and ranked on many performance measures (Uniform Bank Performance Report) in the top 25 percent of its peers. We are actively seeking to grow our customer base and, unlike some of our peers, are making new loans.
My expectation is that out of the wisdom that is gained from this recession, customers and business owners will research the financial strength and performance, the practices and the management of a potential banking partner so that they better assess whether a bank can continue to support their financial needs during a time of significant economic weakness — rather than being told, in an opaque manner, that they need to find another bank.
What book are you currently reading? “The River of Doubt” (Theodore Roosevelt’s epic journey down a tributary of the Amazon); “The E Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It”; and “God at War” (A thesis on God’s intentions and actions against evil).
What is the one thing you would change about Colorado Springs? Nothing to recommend, since I am still learning about the city and its business community.