Bullish banks announce new hires, expansion

AMG National Trust Bank in Boulder is bullish on commercial real estate lending in the region this year, after experiencing 45 percent growth in its loan portfolio in 2012.

To keep up with demand, the bank has hired Brett Spillman as a new commercial loan officer in the Boulder office, said Tom Chesney, Boulder-based president of the bank’s commercial loan division. Boulder is the Denver-based bank’s main branch. AMG has four other offices around the nation and $2.5 billion in assets under management.

Residential real estate loans also are picking up in the Boulder/Denver corridor and across the Front Range, Chesney said.

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